Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement

by David McKnight

Overview

The follow-up to the bestselling The Power of Zero, providing a blueprint to build a guaranteed, tax-free income stream that lasts for the long run.

American retirees face a looming crisis. We are living longer than ever before, and most experts predict a dramatic rise in tax rates within the next ten years. The hard truth is that no matter how much you save, you are likely to outlive your money or watch it be taxed into oblivion. But when traditional retirement distribution strategies won't provide sufficient income in the face of higher taxes, what can you do?

Tax-Free Income for Life lays out a comprehensive, step-by-step roadmap for a secure retirement. McKnight shows how the combination of guaranteed, inflation-adjusted lifetime income and a proactive asset-shifting strategy can shield you from longevity risk and the cascade of unintended consequences that result from higher taxes. It's an innovative and proven strategy that maximizes return while effectively neutralizing the two biggest risks to retirement savings.

If ever there were a solution for the American retiree, it's guaranteed tax-free income for life.

Product Details

ISBN-13:	9780593327753
Publisher:	Penguin Publishing Group
Publication date:	11/17/2020
Pages:	160
Sales rank:	170,819
Product dimensions:	5.20(w) x 7.80(h) x 0.66(d)

About the Author

David McKnight is a nationally recognized speaker whose popular workshops have been seen by thousands of Americans from coast to coast. In 2019, David's bestselling book The Power of Zero was ranked as the #9 best financial resource in the country by Forbes Magazine. As the President of David McKnight & Company, David mentors financial advisors from across the country who specialize in a zero tax retirement approach. He and his wife Felice have seven children. Learn more at davidmcknight.com

Table of Contents

Foreword xiii

1 The Two Great Retirement Risks 1

2 The Risk Multiplier 15

3 A Trip to Monte Carlo 35

4 Guaranteed Lifetime Income 45

5 Flies in the Ointment 55

6 Aligning the Stars 73

7 Surviving the Roth Conversion Gauntlet 79

8 Putting It All Together 89

9 Conclusion 121

10 Frequently Asked Questions 127

Acknowledgments 141