The Power of Zero, Revised and Updated: How to Get to the 0% Tax Bracket and Transform Your Retirement Hardcover – September 4, 2018

I started listening to The Power of Zero through my library app and quickly realized this book was filled with insights I hadn’t considered before. I ended up purchasing a physical copy because it’s the kind of book you want to read with a highlighter in hand.The book goes well beyond the simple idea of lowering your taxes. In fact, one of the most surprising takeaways is that having all your retirement income be non-taxable isn’t necessarily ideal. The author explains why a balanced, strategic approach to tax-free income—especially in light of future tax rates—can be much more effective.Whether you’re just starting your retirement planning or already retired, this book offers a clear and actionable roadmap to help protect your savings from avoidable tax burdens. I highly recommend it to anyone serious about long-term financial health!

I enjoyed every single page, I was in awe on some pages because of the knowledge he shared. It is exciting thinking about retirement and have some kind of vision, which I am still discovering.

The main point of this little volume is to show you the potential impact of taxes on your retirement savings. McKnight documents proven strategies to minimize or eliminate taxes in retirement, with the goal of achieving a zero percent tax bracket.The book makes several compelling arguments that taxes are likely to increase in the future, and that proactive tax planning can help you maximize your retirement income and leave a larger legacy to your heirs. McKnight advocates using tax-advantaged accounts like Roth IRAs and life insurance as part of a comprehensive retirement plan.McKnight gives plenty of examples along with step-by-step examples. He urges you to work with someone who is knowledgeable in the field.I was amused by the reviewer who wrote something to the effect, "I don't want to talk with a life insurance agent. I want to hear from regular users. "That's fine, but isn't it a bit like saying, "I've got this painful rash that's been spreading for weeks and now my arm is numb. But I certainly don't want to go to a doctor. Doctors are just in it for the money. So, if YOU have a rash like mine (see the picture), tell me what you think it is and what I should do for it. I certainly trust you as a random stranger, over a physician with years of training and experience in this field."

This is a great read & I agree with all is points. I wish he had a small chapter on how to find a Tax Free financial advisor & how they get paid.

This book was very informative. It helped me prepare my financial future. Thank you to the author for the wealth of information in this book. I will recommend this book to others.

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.

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.If taxes will be higher in the future, why not pay the tax on our retirement portfolios now, while taxes are at low levels we haven't seen in our lifetimes? The Power of Zero will open your eyes to the how, why and when to successfully transition your assets to be in just the right place. Even if you are already retired, there is still time to act and compelling reasons to do so.As a successful professional financial planner with over 2 decades of experience helping clients, this book encapsulates the strategies our clients have utilized. Now you can be 'in the know' and not left behind.