About the Book

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?

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 140,000 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.

About the Reviews

I see this as an immediate opportunity to arrange my affairs over the next 7-8 years as taxes are guaranteed to go up as the current law sunsets at the end of 2025. This was wake up call for me, a boomer, who has the majority of retirement money in tax deferred 401(k) type plans. I fully expect Tax Rates to increase substantially to pay for the $20 Trillion of current debt and the debt of unfunded future Medicare liabilities.

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I have helped clients navigate the path from working years to retirement. This transition can be difficult to plan for. With the help of this book, you can easily understand the concepts being presented. You will even learn just how to implement them in your personal retirement portfolio. Taxes in the future could be higher based upon any number of factors we currently face. All time highs in the national debt, a generation of baby boomers retiring, distressed Social Security and Medicare programs, interest rates that are artificially low. Anyone of these could cause higher taxes in our future; all of them combined virtually guarantee higher taxes.

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Full disclosure-I’m a financial advisor and I often share the book with my clients as David explains it better than I do.

David has done a wonderful job in building the case about the Power of Zero. He’s connected all the dots that others couldn’t see to tell a compelling story about taxes and retirement planning. Fortunately, the government has reduced cost of implementing the strategy, and you have eight years at the best to prepare your portfolio for future tax increases. I frequently asked people - Do you think taxes will be higher in the future. 75 -80 percent say yes. However, when I look at the amount of money they have in 401(k)s or IRAs, it’s clear that they don’t understand the implication of higher taxes on their retirement assets and therefore it’s impact on their retirement income. David explains a few different strategies you can use to prepare yourself and your family for higher taxes. Some reviewers complain that he may be biased towards LIRP over Roth IRA. However, you can decide what is better for you and your retirement. Some complain that they may never get to the zero percent tax bracket, but they are missing the message that if you can pay lower taxes today verses higher taxes tomorrow that is a winning strategy for you and your heirs.

Product Info

Hardcover: 160 pages
Publisher: Currency; Revised, Updated edition (September 4, 2018)
Language: English
Average Customer Review: 4.5 out of 5 stars 324 customer reviews

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