Thatโs the game-changing idea in David McKnightโs book The Power of Zero. ๐โจ
He reveals how taxes are likely to rise in the future (thanks to national debt + government spending), and how relying on tax-deferred accounts like 401(k)s and traditional IRAs could actually trap you in a higher tax bracket later. ๐ณ
๐ The secret? Start building tax-free buckets of wealth:โ
Roth IRAs ๐โ
Roth Conversions ๐โ
Life Insurance Retirement Plans (LIRPs) ๐ก๏ธโ
And more strategic tools that help you shift from being tax-heavy โ tax-free.
The goal: hit retirement in the 0% tax bracket so Uncle Sam doesnโt get the last laugh! ๐ฆ๐ซ
๐ญ Letโs talk:
๐น Do you believe taxes will be higher or lower in the future?
๐น What percentage of your retirement is currently in taxable, tax-deferred, or tax-free accounts?
๐น Would you want to retire at 0% tax?
๐ Drop your thoughts โ Iโd love to hear how YOU are planning for the future! ๐