The Power of Zero, Revised and Updated

How to Get to the 0% Tax Bracket and Transform Your Retirement

By: David McKnight, Ed Slott - foreword

Narrated by: Marc Cashman

Length: 3 hrs and 48 mins

Publisher's summary

An updated edition of the self-published book that sold more than 100,000 copies, with a new chapter on the 2018 tax cuts.

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 unfunded promises for programs like Social Security and Medicare - and the only way to deliver on these promises is to raise taxes. Some experts have even suggested that tax rates will need 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 The Power of Zero, McKnight provides a concise, step-by-step roadmap on how to get to the zero percent tax bracket by the time you retire, effectively eliminating tax rate risk from your retirement picture. Now, in this expanded edition, McKnight has updated the book with a new chapter on the "2017 Tax Cuts and Jobs Act", telling listeners how to navigate the new tax law in its first year of being in effect, and how they can extend the life of their retirement savings by taking advantage of it now.

The day of reckoning is fast approaching. Are you ready to do what it takes to experience the power of zero?

Includes a PDF of charts from the book.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2018 David McKnight, Ed Slott (P)2018 Random House Audio

Powerful Book!

The book is filled with so much knowledge on programs and concepts that are affecting millions of people! This is a MUST READ. He uses different stories to show as examples and it makes sense. David McKnight is uniquely masterful in his presentation!!
I will be recommending to everyone I talk to!

Everyone ought to read this book!

Most of us think contributing to a 401k, IRA, or some other tax-deferred account is what we’re supposed to do. I never knew this could potentially be harmful to me in the future if not done appropriately. I want to listen to this book ten more times and take detailed notes!! I’ve already purchased his next book on LIRPs specifically. Looking forward to digging into that!

Power of zero; very informative!

This book provides and in depth look at the financial dilemma we have with retirement, it provides great insight to what can be done to reallocate your retirement funds, easy to follow along with. I highly recommend this book to all. Financial literacy is a must, it’s something we are missing in our education system.

Very helpful

Most strategies are geared towards high income in retirement. Only drawing up to the $24k exemption is great advice along with other ways to keep SS from being taxed.

Very informative

it was a great listen. The only thing I have to figure out is where to find the tables they referenced in chapter 6. so, I might get a better understanding of what the were talking about.

Great information

Loved this audible book! I will recommend to all my colleagues & friends & family to listen to. Thank you.

MUST READ!

This book is for anyone that needs to more about preparing for the future. I have read this book twice in a month span, continue to learn more each time I read it.

Excellent book, with two shortcomings

excellent book, and gives you all of the background and information on how to actually pay zero income taxes in retirement. it is in my top 10 books of all time to read. David McKnight recommends finding a 0% income tax retirement specialist to consult, but does not answer the inquiry that I gave on his website, on how to find such a person. the type of retirement account, not mentioned at all in his book, is the Roth solo 401k. As a self-employed individual this is available to me, but I'm not sure how to utilize it, since it was never mentioned in his book. absolutely I must read book!

Awesome in theory- good foundation

I believe he hits on some amazing strategies but fails to touch on ways to handle likely events like running out of money, major life events happening in a year, emotional component of going against mainstream plans, the security of guaranteed income, loosing a chunk of money due to market corrections, etc. but Overall an great foundation for successful retirement. I have this as a foundation for my Retirment and clients.

Super Insightful!

This is all REALLY great sage advice I didn't know I needed for retirement planning!