There's a massive freight train bearing down on the average American investor, and it's coming in the form of higher taxes. The United States Government has made trillions of dollars in promises for programs like Social Security and Medicare it simply can't afford to keep. The only way to deliver on these promises is to raise taxes. It's simple math. Some experts have even suggested that tax rates have to double just to keep our country solvent. Unfortunately, if you're like most Americans, you've saved the majority of your retirement assets in tax-deferred vehicles like 401(k)s and IRAs. If tax rates go up, how much of your hard-earned money will you really get to keep?
In David McKnight's ground breaking audiobook The Power of Zero, he provides you with a step by step roadmap on how to get to the 0% tax bracket, effectively eliminating tax rate risk from your retirement picture. Why is the 0% tax bracket so powerful? Because if tax rates double, two times zero is still zero! The day of reckoning is fast approaching. Are you ready to do what it takes to experience the power of zero?
©2014 David McKnight (P)2014 David McKnight
I work with clients everyday that have worked under the traditional retirement model of strictly a growth focused strategy with little or no thought on taxes at distribution - this book hits the nail on the head.
I am an Enrolled Agent along with holding several other credentials. This book really does a great job at exploring other options for your retirement mainly through how your retirement could be, and is currently taxed. Where most focus on the accumulation and growth of of your retirement; I believe they fall short when it comes to how you take your distributions in retirement. Great for some additional information on a topic that typically is not factored in when you retire. TAXES.
Great advise on diversifying your portfolio. Life insurance as an investment tool. Very interesting. No one likes taxes. Any information to pay less or as little as possible are more than welcome.
once you hear this information you'll never look at retirement planning the same again. I highly recommend listening to this book and in fact I'm sure you'll listen to it more than once.
Good narration. Fairly quick listen. If you choose to follow any tips, have ability to write down or type handy. Definitely changed my mind from deferring taxes now in retirement account to paying taxes now and withdrawing it tax free. Of course, everyone's situation is unique.
Computer & Mac Guy
This book was interesting, but not great for people new to the subject. The basics could be covered in about 30 minutes. It's the specifics that the book delves into that will leave novices in the dust.
Great information but you want to capture notes for taking action. Perfect timing for a cross country flight.
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