Today’s video is from David’s conversation with financial advisor Bruce Hosler. They discuss why financial advisors like Ken Fisher don't want you to do Roth conversions. David reveals why there is a lot of incoming resistance from financial "Gurus" about moving to tax-free and using the tools necessary to get to the 0% tax bracket. David talks about his new book, Guru, and all of the interference he’s facing in trying to get the Power of Zero message out to the American people. Most of these gurus believe that tax rates in the future are likely to be higher than they are today. But when you go to their websites, there are no practical strategies on exactly how you should arrange your assets to best shield yourself from the impact of higher taxes. David highlights why Dave Ramsey is against any form of permanent life insurance. He even has a famous quote, “Permanent life insurance is 100 % crap, 100 % of the time.” If you can fund your lifestyle out of your cash value life insurance in the year following a down year in the stock market, it gives your stock market portfolio a chance to recover before you take further distributions. David explains how this act alone can increase the sustainable withdrawal rate on your stock portfolio from 4 % to 8%. David and Bruce agree that people need to find ways to create multiple streams of tax-free income from multiple sources.  David reveals that conflict of interest is what prevents fee-based advisors from promoting the power of zero message.  David and Bruce talk about the unfunded obligation for Social Security, Medicare, and Medicaid--and the amount of money the government needs to have to pay for Medicare over the next 75 years. Financial advisors are not educated enough about the reality of future higher tax rates. If they were, David believes they would be more familiar with the ways to mitigate against rising taxes down the road.     Mentioned in this episode: David's <a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener">books</a>: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code <a href="https://www.davidmcknight.com" target="_blank" rel= "noopener">DavidMcKnight.com</a> <a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener">DavidMcKnightBooks.com</a> <a href="https://www.powerofzero.com" target="_blank" rel= "noopener">PowerOfZero.com</a> (free 3-part video series) <a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener">@mcknightandco</a> on Twitter  <a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener">@davidcmcknight</a> on Instagram <a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener">David McKnight</a> on YouTube Get David's Tax-free Tool Kit at <a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener">taxfreetoolkit.com</a>

<description>&lt;p&gt;Today’s video is from David’s conversation with financial advisor Bruce Hosler.&lt;/p&gt; &lt;p&gt;They discuss why financial advisors like Ken Fisher don't want you to do Roth conversions.&lt;/p&gt; &lt;p&gt;David reveals why there is a lot of incoming resistance from financial "Gurus" about moving to tax-free and using the tools necessary to get to the 0% tax bracket.&lt;/p&gt; &lt;p&gt;David talks about his new book, Guru, and all of the interference he’s facing in trying to get the Power of Zero message out to the American people.&lt;/p&gt; &lt;p&gt;Most of these gurus believe that tax rates in the future are likely to be higher than they are today. But when you go to their websites, there are no practical strategies on exactly how you should arrange your assets to best shield yourself from the impact of higher taxes.&lt;/p&gt; &lt;p&gt;David highlights why Dave Ramsey is against any form of permanent life insurance. He even has a famous quote, “Permanent life insurance is 100 % crap, 100 % of the time.”&lt;/p&gt; &lt;p&gt;If you can fund your lifestyle out of your cash value life insurance in the year following a down year in the stock market, it gives your stock market portfolio a chance to recover before you take further distributions.&lt;/p&gt; &lt;p&gt;David explains how this act alone can increase the sustainable withdrawal rate on your stock portfolio from 4 % to 8%.&lt;/p&gt; &lt;p&gt;David and Bruce agree that people need to find ways to create multiple streams of tax-free income from multiple sources. &lt;/p&gt; &lt;p&gt;David reveals that conflict of interest is what prevents fee-based advisors from promoting the power of zero message. &lt;/p&gt; &lt;p&gt;David and Bruce talk about the unfunded obligation for Social Security, Medicare, and Medicaid--and the amount of money the government needs to have to pay for Medicare over the next 75 years.&lt;/p&gt; &lt;p&gt;Financial advisors are not educated enough about the reality of future higher tax rates. If they were, David believes they would be more familiar with the ways to mitigate against rising taxes down the road.&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;Mentioned in this episode:&lt;/p&gt; &lt;p&gt;David's &lt;a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener"&gt;books&lt;/a&gt;: &lt;em&gt;Power of Zero, Look Before You LIRP&lt;/em&gt;, &lt;em&gt;The Volatility Shield&lt;/em&gt;, &lt;em&gt;Tax-Free Income for Life&lt;/em&gt; and &lt;em&gt;The Infinity Code&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknight.com" target="_blank" rel= "noopener"&gt;DavidMcKnight.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener"&gt;DavidMcKnightBooks.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.powerofzero.com" target="_blank" rel= "noopener"&gt;PowerOfZero.com&lt;/a&gt; (free 3-part video series)&lt;/p&gt; &lt;p&gt;&lt;a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener"&gt;@mcknightandco&lt;/a&gt; on Twitter &lt;/p&gt; &lt;p&gt;&lt;a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener"&gt;@davidcmcknight&lt;/a&gt; on Instagram&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener"&gt;David McKnight&lt;/a&gt; on YouTube&lt;/p&gt; &lt;p&gt;Get David's Tax-free Tool Kit at &lt;a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener"&gt;taxfreetoolkit.com&lt;/a&gt;&lt;/p&gt;</description>

Today’s video is from David’s conversation with financial advisor Bruce Hosler. They discuss why financial advisors like Ken Fisher don't want you to do Roth conversions. David reveals why there is a lot of incoming resistance from financial...

Why Ken Fisher Does NOT Want You to Do a Roth Conversion

How much of your social security is getting taxed, at what rate, and is there anything you can do about it? Unfortunately, the IRS doesn't make it easy for people to understand how much of their social security is taxable and at what rate. David explains that the best way to understand social security taxation is to first know about provisional income--this is the income the IRS tracks to determine how much of your social security will be taxable. As you continue to increase your IRA distributions and, therefore, your total provisional income, the percentage of your social security that becomes taxable quickly begins to rise. The IRS says that if your provisional income is between $32,000 and $44,000, up to 50% of your social security can become taxable. Fortunately, there are some scenarios where you wouldn't pay any taxes, thanks to standard deductions.  The most obvious thing to do if you don’t want social security taxation is to do a Roth conversion.  According to David, any income taken from a Roth IRA does not count as provisional income and, therefore, does not count against the thresholds that cause social security taxation. However, the only time it makes sense to do a Roth conversion is if you believe that your tax rate in the future is likely to be higher than it is today.     Mentioned in this episode: David's <a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener">books</a>: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code <a href="https://www.davidmcknight.com" target="_blank" rel= "noopener">DavidMcKnight.com</a> <a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener">DavidMcKnightBooks.com</a> <a href="https://www.powerofzero.com" target="_blank" rel= "noopener">PowerOfZero.com</a> (free 3-part video series) <a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener">@mcknightandco</a> on Twitter  <a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener">@davidcmcknight</a> on Instagram <a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener">David McKnight</a> on YouTube Get David's Tax-free Tool Kit at <a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener">taxfreetoolkit.com</a>

<description>&lt;p&gt;How much of your social security is getting taxed, at what rate, and is there anything you can do about it?&lt;/p&gt; &lt;p&gt;Unfortunately, the IRS doesn't make it easy for people to understand how much of their social security is taxable and at what rate.&lt;/p&gt; &lt;p&gt;David explains that the best way to understand social security taxation is to first know about provisional income--this is the income the IRS tracks to determine how much of your social security will be taxable.&lt;/p&gt; &lt;p&gt;As you continue to increase your IRA distributions and, therefore, your total provisional income, the percentage of your social security that becomes taxable quickly begins to rise.&lt;/p&gt; &lt;p&gt;The IRS says that if your provisional income is between $32,000 and $44,000, up to 50% of your social security can become taxable.&lt;/p&gt; &lt;p&gt;Fortunately, there are some scenarios where you wouldn't pay any taxes, thanks to standard deductions. &lt;/p&gt; &lt;p&gt;The most obvious thing to do if you don’t want social security taxation is to do a Roth conversion. &lt;/p&gt; &lt;p&gt;According to David, any income taken from a Roth IRA does not count as provisional income and, therefore, does not count against the thresholds that cause social security taxation.&lt;/p&gt; &lt;p&gt;However, the only time it makes sense to do a Roth conversion is if you believe that your tax rate in the future is likely to be higher than it is today.&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;Mentioned in this episode:&lt;/p&gt; &lt;p&gt;David's &lt;a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener"&gt;books&lt;/a&gt;: &lt;em&gt;Power of Zero, Look Before You LIRP&lt;/em&gt;, &lt;em&gt;The Volatility Shield&lt;/em&gt;, &lt;em&gt;Tax-Free Income for Life&lt;/em&gt; and &lt;em&gt;The Infinity Code&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknight.com" target="_blank" rel= "noopener"&gt;DavidMcKnight.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener"&gt;DavidMcKnightBooks.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.powerofzero.com" target="_blank" rel= "noopener"&gt;PowerOfZero.com&lt;/a&gt; (free 3-part video series)&lt;/p&gt; &lt;p&gt;&lt;a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener"&gt;@mcknightandco&lt;/a&gt; on Twitter &lt;/p&gt; &lt;p&gt;&lt;a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener"&gt;@davidcmcknight&lt;/a&gt; on Instagram&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener"&gt;David McKnight&lt;/a&gt; on YouTube&lt;/p&gt; &lt;p&gt;Get David's Tax-free Tool Kit at &lt;a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener"&gt;taxfreetoolkit.com&lt;/a&gt;&lt;/p&gt;</description>

How much of your social security is getting taxed, at what rate, and is there anything you can do about it? Unfortunately, the IRS doesn't make it easy for people to understand how much of their social security is taxable and at what rate. David...

How Much of Your Social Security is REALLY Getting Taxed? (and At What Rate?)

This episode addresses whether the mainstream financial planning community is justified in avoiding Indexed Universal Life. Lately, social media has been filled with videos praising the virtues of a financial tool known as Indexed Universal Life (IUL). David explains why the IUL has been taking such a beating from traditional financial planners. David discusses three different viewpoints against the IUL – including that of scammy salesmen on TikTok who often describe the IUL as “a stock market replacement on steroids.” Financial gurus tend to be jack of all trades but masters of none with IUL critiques that are either plain wrong or far too simplistic, says David. As a result of these groups’ cumulative efforts, IUL is widely viewed as a caricature of a financial product. David goes over how to objectively evaluate IUL on its merits and shares three of its positive utilizations as a dynamic financial tool.     Mentioned in this episode: David's <a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener">books</a>: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code <a href="https://www.davidmcknight.com" target="_blank" rel= "noopener">DavidMcKnight.com</a> <a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener">DavidMcKnightBooks.com</a> <a href="https://www.powerofzero.com" target="_blank" rel= "noopener">PowerOfZero.com</a> (free 3-part video series) <a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener">@mcknightandco</a> on Twitter  <a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener">@davidcmcknight</a> on Instagram <a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener">David McKnight</a> on YouTube Get David's Tax-free Tool Kit at <a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener">taxfreetoolkit.com</a> <a href="http://www.suzeorman.com/" target="_blank" rel= "noopener">Suze Orman</a> <a href="https://www.ramseysolutions.com/" target="_blank" rel= "noopener">Dave Ramsey</a> <a href= "https://www.youtube.com/channel/UCNIFV-Bgh2YtrWQxmrgFS4w" target= "_blank" rel="noopener">George Kamel</a> <a href="https://www.ey.com/en_us" target="_blank" rel= "noopener">Ernst & Young</a>

<description>&lt;p&gt;This episode addresses whether the mainstream financial planning community is justified in avoiding Indexed Universal Life.&lt;/p&gt; &lt;p&gt;Lately, social media has been filled with videos praising the virtues of a financial tool known as Indexed Universal Life (IUL).&lt;/p&gt; &lt;p&gt;David explains why the IUL has been taking such a beating from traditional financial planners.&lt;/p&gt; &lt;p&gt;David discusses three different viewpoints against the IUL – including that of scammy salesmen on TikTok who often describe the IUL as “a stock market replacement on steroids.”&lt;/p&gt; &lt;p&gt;Financial gurus tend to be jack of all trades but masters of none with IUL critiques that are either plain wrong or far too simplistic, says David.&lt;/p&gt; &lt;p&gt;As a result of these groups’ cumulative efforts, IUL is widely viewed as a caricature of a financial product.&lt;/p&gt; &lt;p&gt;David goes over how to objectively evaluate IUL on its merits and shares three of its positive utilizations as a dynamic financial tool.&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;Mentioned in this episode:&lt;/p&gt; &lt;p&gt;David's &lt;a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener"&gt;books&lt;/a&gt;: &lt;em&gt;Power of Zero, Look Before You LIRP&lt;/em&gt;, &lt;em&gt;The Volatility Shield&lt;/em&gt;, &lt;em&gt;Tax-Free Income for Life&lt;/em&gt; and &lt;em&gt;The Infinity Code&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknight.com" target="_blank" rel= "noopener"&gt;DavidMcKnight.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener"&gt;DavidMcKnightBooks.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.powerofzero.com" target="_blank" rel= "noopener"&gt;PowerOfZero.com&lt;/a&gt; (free 3-part video series)&lt;/p&gt; &lt;p&gt;&lt;a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener"&gt;@mcknightandco&lt;/a&gt; on Twitter &lt;/p&gt; &lt;p&gt;&lt;a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener"&gt;@davidcmcknight&lt;/a&gt; on Instagram&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener"&gt;David McKnight&lt;/a&gt; on YouTube&lt;/p&gt; &lt;p&gt;Get David's Tax-free Tool Kit at &lt;a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener"&gt;taxfreetoolkit.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="http://www.suzeorman.com/" target="_blank" rel= "noopener"&gt;Suze Orman&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.ramseysolutions.com/" target="_blank" rel= "noopener"&gt;Dave Ramsey&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.youtube.com/channel/UCNIFV-Bgh2YtrWQxmrgFS4w" target= "_blank" rel="noopener"&gt;George Kamel&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.ey.com/en_us" target="_blank" rel= "noopener"&gt;Ernst &amp; Young&lt;/a&gt;&lt;/p&gt;</description>

This episode addresses whether the mainstream financial planning community is justified in avoiding Indexed Universal Life. Lately, social media has been filled with videos praising the virtues of a financial tool known as Indexed Universal Life...

Why Don't More Financial Advisors Recommend Indexed Universal Life?

David discusses how much of your IRA you should convert, in what amounts and over what time frame. If you’re not convinced by the possible dramatic increase in tax rates in 2031 to bump you into the 32% bracket, you’re not alone… A whole battery of experts predict that tax rates will have to rise dramatically to help service the national debt and with the $200 trillion in shortfalls in Social Security, Medicare, and Medicaid. In Comeback America, former Comptroller General David Walker predicted that effective tax rates for all taxpayers need to double by 2030. David touches upon what would happen if the government doesn’t increase its taxes by 2043. David mentions what your Roth conversion roadmap should look like in the next 10 years – and beyond – if you have the lion’s share of your retirement savings in tax deferred accounts like IRAs and 401(k) plans. There’s one thing that you shouldn’t do before the “tax deadline.” You should not bump into the 32% tax bracket or higher. David goes over what he refers to as a “wait-and-see approach.” Mentioned in this episode: David's <a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener">books</a>: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code <a href="https://www.davidmcknight.com" target="_blank" rel= "noopener">DavidMcKnight.com</a> <a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener">DavidMcKnightBooks.com</a> <a href="https://www.powerofzero.com" target="_blank" rel= "noopener">PowerOfZero.com</a> (free 3-part video series) <a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener">@mcknightandco</a> on Twitter  <a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener">@davidcmcknight</a> on Instagram <a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener">David McKnight</a> on YouTube Get David's Tax-free Tool Kit at <a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener">taxfreetoolkit.com</a> <a href="https://amzn.to/3VwQGHd" target="_blank" rel= "noopener">Comeback America: Turning the Country Around and Restoring Fiscal Responsibility by David Walker</a> <a href="https://www.wharton.upenn.edu/" target="_blank" rel= "noopener">Penn Wharton</a>

<description>&lt;p&gt;David discusses how much of your IRA you should convert, in what amounts and over what time frame.&lt;/p&gt; &lt;p&gt;If you’re not convinced by the possible dramatic increase in tax rates in 2031 to bump you into the 32% bracket, you’re not alone…&lt;/p&gt; &lt;p&gt;A whole battery of experts predict that tax rates will have to rise dramatically to help service the national debt and with the $200 trillion in shortfalls in Social Security, Medicare, and Medicaid.&lt;/p&gt; &lt;p&gt;In Comeback America, former Comptroller General David Walker predicted that effective tax rates for all taxpayers need to double by 2030.&lt;/p&gt; &lt;p&gt;David touches upon what would happen if the government doesn’t increase its taxes by 2043.&lt;/p&gt; &lt;p&gt;David mentions what your Roth conversion roadmap should look like in the next 10 years – and beyond – if you have the lion’s share of your retirement savings in tax deferred accounts like IRAs and 401(k) plans.&lt;/p&gt; &lt;p&gt;There’s one thing that you shouldn’t do before the “tax deadline.” You should not bump into the 32% tax bracket or higher.&lt;/p&gt; &lt;p&gt;David goes over what he refers to as a “wait-and-see approach.”&lt;/p&gt; &lt;p&gt;&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p&gt;Mentioned in this episode:&lt;/p&gt; &lt;p&gt;David's &lt;a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener"&gt;books&lt;/a&gt;: &lt;em&gt;Power of Zero, Look Before You LIRP&lt;/em&gt;, &lt;em&gt;The Volatility Shield&lt;/em&gt;, &lt;em&gt;Tax-Free Income for Life&lt;/em&gt; and &lt;em&gt;The Infinity Code&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknight.com" target="_blank" rel= "noopener"&gt;DavidMcKnight.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener"&gt;DavidMcKnightBooks.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.powerofzero.com" target="_blank" rel= "noopener"&gt;PowerOfZero.com&lt;/a&gt; (free 3-part video series)&lt;/p&gt; &lt;p&gt;&lt;a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener"&gt;@mcknightandco&lt;/a&gt; on Twitter &lt;/p&gt; &lt;p&gt;&lt;a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener"&gt;@davidcmcknight&lt;/a&gt; on Instagram&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener"&gt;David McKnight&lt;/a&gt; on YouTube&lt;/p&gt; &lt;p&gt;Get David's Tax-free Tool Kit at &lt;a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener"&gt;taxfreetoolkit.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://amzn.to/3VwQGHd" target="_blank" rel= "noopener"&gt;&lt;em&gt;Comeback America: Turning the Country Around and Restoring Fiscal Responsibility&lt;/em&gt; by David Walker&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.wharton.upenn.edu/" target="_blank" rel= "noopener"&gt;Penn Wharton&lt;/a&gt;&lt;/p&gt;</description>

David discusses how much of your IRA you should convert, in what amounts and over what time frame. If you’re not convinced by the possible dramatic increase in tax rates in 2031 to bump you into the 32% bracket, you’re not alone… A whole battery...

Your Roth Conversion Roadmap for the Next 10 Years and Beyond

David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity.  Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard one of them describe them the same way as Clark Howard. Since financial gurus have to get their points across in short three-minute segments, they don’t have the luxury of nuance, says David. David explains how fixed index annuities actually work, and why you can’t lose money in a fixed index annuity in its simplest form. David touches upon the role of surrender charges and how Howard is wrong about them. In traditional stock market investing, you’re not supposed to withdraw more than 4% per year.     Mentioned in this episode: David's <a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener">books</a>: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code <a href="https://www.davidmcknight.com" target="_blank" rel= "noopener">DavidMcKnight.com</a> <a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener">DavidMcKnightBooks.com</a> <a href="https://www.powerofzero.com" target="_blank" rel= "noopener">PowerOfZero.com</a> (free 3-part video series) <a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener">@mcknightandco</a> on Twitter  <a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener">@davidcmcknight</a> on Instagram <a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener">David McKnight</a> on YouTube Get David's Tax-free Tool Kit at <a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener">taxfreetoolkit.com</a> <a href="https://clark.com/" target="_blank" rel= "noopener">Clark Howard</a>

<description>&lt;p&gt;David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity. &lt;/p&gt; &lt;p&gt;Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard one of them describe them the same way as Clark Howard.&lt;/p&gt; &lt;p&gt;Since financial gurus have to get their points across in short three-minute segments, they don’t have the luxury of nuance, says David.&lt;/p&gt; &lt;p&gt;David explains how fixed index annuities actually work, and why you can’t lose money in a fixed index annuity in its simplest form.&lt;/p&gt; &lt;p&gt;David touches upon the role of surrender charges and how Howard is wrong about them.&lt;/p&gt; &lt;p&gt;In traditional stock market investing, you’re not supposed to withdraw more than 4% per year.&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;Mentioned in this episode:&lt;/p&gt; &lt;p&gt;David's &lt;a href="https://www.davidmcknightbooks.com/" target= "_blank" rel="noopener"&gt;books&lt;/a&gt;: &lt;em&gt;Power of Zero, Look Before You LIRP&lt;/em&gt;, &lt;em&gt;The Volatility Shield&lt;/em&gt;, &lt;em&gt;Tax-Free Income for Life&lt;/em&gt; and &lt;em&gt;The Infinity Code&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknight.com" target="_blank" rel= "noopener"&gt;DavidMcKnight.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.davidmcknightbooks.com/" target="_blank" rel="noopener"&gt;DavidMcKnightBooks.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.powerofzero.com" target="_blank" rel= "noopener"&gt;PowerOfZero.com&lt;/a&gt; (free 3-part video series)&lt;/p&gt; &lt;p&gt;&lt;a href="https://twitter.com/McKnightAndCo" target="_blank" rel= "noopener"&gt;@mcknightandco&lt;/a&gt; on Twitter &lt;/p&gt; &lt;p&gt;&lt;a href="https://www.instagram.com/davidcmcknight" target= "_blank" rel="noopener"&gt;@davidcmcknight&lt;/a&gt; on Instagram&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.youtube.com/channel/UCGxUwL7NvZUyLfgO18h3e2g" target= "_blank" rel="noopener"&gt;David McKnight&lt;/a&gt; on YouTube&lt;/p&gt; &lt;p&gt;Get David's Tax-free Tool Kit at &lt;a href= "http://taxfreetoolkit.com/" target="_blank" rel= "noopener"&gt;taxfreetoolkit.com&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://clark.com/" target="_blank" rel= "noopener"&gt;Clark Howard&lt;/a&gt;&lt;/p&gt;</description>

David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity.  Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard...

Clark Howard Says Fixed Indexed Annuities Stink! (My Response)

Tax rates 10 years from now are likely to be much higher than they are today. Is your retirement plan ready? Learn how to avoid the coming tax freight train and maximize your retirement dollars.

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