Summary of David McKnight's The Power of Zero, Revised and Updated
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Get the Summary of David McKnight's The Power of Zero, Revised and Updated in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: In The Power of Zero, McKnight provides a concise, step-by-step roadmap on how to get to the 0% tax bracket by the time you retire, effectively eliminating tax rate risk from your retirement picture. Now, in this expanded edition, McKnight has updated the book with a new chapter on the 2017 Tax Cuts and Jobs Act, showing readers how to navigate the new tax law in its first year of being in effect, and how they can extend the life of their retirement savings by taking advantage of it now.
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- Rating: 1 out of 5 stars1/5This book summary includes a large number of inaccuracies and misleading statements. Even worst, new content and key words/phrases are added that never appear in the original text. If the author knew about this poor attempt of a summary, he would request for it to be removed from this service.
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Summary of David McKnight's The Power of Zero, Revised and Updated - IRB Media
Insights on David McKnight's The Power of Zero Revised and Updated
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 7
Insights from Chapter 8
Insights from Chapter 9
Insights from Chapter 10
Insights from Chapter 1
#1
Social Security was created in the 1930s to be a financial safety net for Americans, but due to low fertility rates among the Baby Boomer generation, the program will soon become insolvent.
#2
Americans are living longer, and as a result, drawing Social Security earlier. The program was originally designed to help Americans who worked long careers, but today, a quarter of the federal budget goes to Social Security.
#3
The math behind the Social Security problem is indicative of a much larger problem in our nation: our elected officials continue to make promises they cannot keep because they lack the fiscal discipline to pay for them.
#4
The government has