The Power of Zero, Revised and Update..., David McKnight
The Power of Zero, Revised and Update..., David McKnight
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The Power of Zero, Revised and Updated
How to Get to the 0% Tax Bracket and Transform Your Retirement

Author: David McKnight, Ed Slott

Narrator: Marc Cashman

Unabridged: 3 hr 48 min

Format: Digital Audiobook Download

Published: 09/04/2018

Includes: Bonus Material Bonus Material Included


Synopsis

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 0% 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, showing readers 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.

About The Author

David McKnight graduated from Brigham Young University with Honors in 1997. Over the past 20 years David has helped put thousands of Americans on the road to the zero percent tax bracket. He has made frequent appearances on Bloomberg Radio, in Investors Business Daily and national publications like the New York Times and Reuters. His bestselling book The Power of Zero has sold over 250,000 copies. As the President of David McKnight & Company, he mentors hundreds of financial advisors from across the country who specialize in The Power of Zero retirement approach. He currently resides in Grafton, Wisconsin with his wife Felice and their seven children.


Reviews

Goodreads review by Maryalene on August 17, 2019

While I think tax planning for retirement is often overlooked, I was not a fan of this book for a few reasons: 1. McKnight's math is imprecise and may give readers the wrong impression. While he goes into marginal tax brackets later in the book, he largely writes as if your top tax bracket is indeed......more

Goodreads review by William on March 20, 2019

A quick and easy read that'll cause one to reconsider a few aspects of personal finance and retirement planning. Thesis: Tax rates will rise in the future as the US government will struggle to pay for underfunded/unfunded liabilities such as social security, medicare, and medicaid. As they get squee......more

Goodreads review by Jay on August 21, 2019

This is one of those books that was created to try to sell you something. In this case, it’s trying to convince the reader that they have an issue with their savings plan, and that there is a way to pay zero taxes that only a few rich people currently know about. The solution involves using a variat......more

Goodreads review by Jay on May 28, 2020

This book focuses on strategies used to shift taxable income and tax-deferred income into tax-free income. The logic being that with tax brackets at historically low levels today, and with the huge deficits our government is incurring and its need to someday 'pay the bill', now is the time to bite t......more

Goodreads review by John Pindar on May 06, 2019

Missing key elements I was disappointed. The author did not address a better way to land in the 0% tax bracket and that is through capital gains and dividends. A lost opportunity. Instead he uses the expensive option of LRIPs. The author glosses over many points that don’t fit his argument that need......more