The Power of Zero: How to Get to the 0% Tax Bracket and Transform Your Retirement

ReviewReally great and simple book for people to read It does repeat than a few times and it would be a bit difficult to read if you don t understand financial jargon However, it s a great strategy that s easier to implement for the middle class, a bit harder for the affluent family.

This wasn t quite the mind blowing read that Tax Free Wealth was, but it still hit on some really good points about financial planning for retirement that were eye opening.

Great financial adviceI like the solid advice in this book, particularly the 3 bucket system for finances I highly recommend that you read this book.

Great book for those looking to retire with little to no tax Easily understood and read in about an hour Highly recommend this book to those who want to be prepared financially for retirement.

An important and clearly written book about positioning your finances for a secure retirement This is a book that, while it s rather short and can be repetitive, is nevertheless invaluable in preparing for when you stop working McKnight is plain spoken in his warnings about the pitfalls of national fiscal policy and traditional retirement accounts His book is written directly to non expert individuals and explains simply and effectively why taking certain actions with your accounts today and tod [...]

This book delivers a concise and convincing prediction for the future of the tax system in the United States The ominous prediction of the government s ever increasing need for money to fund current debt and social welfare programs is sufficiently backed by sound logic from a reliable source After setting the stage for what we should expect it dives into clear and easily digestible assessments of current retirement funding vehicles and strategies, and how they are impacted by taxes After pointin [...]

This book was thoughtful and organized I liked the idea of the buckets but it seemed he emphasized zero taxes too much For most of us with other income such as real estate and income stocks, a realistic goal would be getting down to the 25% tax bracket Yes, one would lose some of the tax benefits but high investment return should be the goal, not zero taxes although it doesn t hurt Also, I own 3 leveraged commercial buildings in my 401K all garnering around 13 16% total return or higher If I pa [...]

Not a huge fan of this book He omits a lot of information to make his points He mentions Roth IRAs are great because they are limiting how much you can put away, but leaves out that traditional IRAs have the same limit It was interesting to learn about LIRP strategies, but then he never goes into too many details If you re looking to avoid taxes in retirement then this is a great book.

An eye opener The book was above my level in so many ways but the author brought things down to an understandable level and made a lot of sense.

Should ve read this in college

This book deals with how to invest your money in places with the least amount of your money getting hit with additional taxes as possible This is filled with lots of tips, charts, and examples, and one whole chapter is dedicated to a case study, after the basics of the author s plan are laid out in the previous chapters The book wraps up with a question and answer section.

New perspective on how to manage your income in retirement to stay under certain tax thresholds better than just the same old tax deferral strategy.

It s very helpful for thinking about retirement planning Though the writing put me off in areas It s not great writing but also making taxes out to be a horrible spectre didn t speak to me I appreciate the information just not the delivery.

The majority rarely think about retirement until the day suddenly arrives when that s all they think about They put money in their 401 k , they know they ll always have social security income, I wish I could make that reference without tensing up the way one does while witnessing a car accident , and they say things like, it will just work out They feel like they are mostly prepared yet few have really considered the largest variable in regards to their future ability to maintain an already acce [...]

Read this for work as it is a strategy we are implementing with a lot of clients right now and I wanted to learn about it Very interesting, indeed Glad to know that we are young and smart enough to start adjusting how we save for retirement now to help minimize future tax liabilities Highly recommend to anyone who gives half a damn about keeping as much of their own money in their own pockets.

This book helped me re think some basics re investment and retirement strategy McKnight argues that the tax rate will only increase in the coming decades and because of that, it is important to shift investment strategies toward Roth IRAs and LIRPs Something he doesn t delve into that would be helpful is an examination of the birth trends and their impact on the stock market The book is aimed at an older audience, but I m grateful to have picked it up now.

The book was okay There are some clear biases to the author on how they believe things should work that I don t necessarily agree with The book was given to me free to promote a life insurance plan and about half of the book was aimed at that The other half did have good advice based on suggestions which I have heard from other sources.Overal, an okay short book to help you plan things out, but not to be taken as the end all of retirement planning.

This is an excellent book for financial advisors and planners to get a coherent view of how to discuss tax planning for retirement Whether a zero tax retirement is actually possible for someone, the book still encourages the consideration of tax efficiency in ones financial plan.

Quick read, easy to understand And such vitally important information for anyone that intends on retiring with a dollar to their name The only reason it didn t get five stars is because I wish it explained what the distributions during retirement look like in his examples.

This is a very thought provoking look at retirement planning and then financial management while in retirement Strongly recommend for anyone in the working years of their lives to consider preparing for retirement easier to start earlier than undo poor decisions later.

It was a very easy read Puts things in perspective Helps you understand how to off set your income during retirement.

Excellent advice for those serious about controlling the taxation of their retirement.

FOUR STARS, people A MUST READ, for all concerned in retiring w o stressing You the man, Dave McKnight

Everyone should read this book

Read for work.

A book worth reading if you are concerned about taxes, especially around the time of retirement Good advice I would have liked some detail.

Short and concise Roth IRA, SS, 401k matched, charity, term life insurance non taxable

bought 12 31 2015 14.79

Great book with good ideas