When Should You Use an LIRP?
Lane Martinsen from Financial Fast Lane interviews David McKnight on why you should use LIRP and the benefits of getting to the zero percent tax bracket. David explains the motivation behind his book The Power of Zero. David reveals why he is…
The Retirement Risk Trifecta You Need to Know About
Retirement risk comes in many varieties, and we’ll be reviewing the dangers of withdrawal rate risk, long-term care risk, and inflation risk.
Did Joe Biden Just Solve the National Debt Crisis?
Did Joe Biden just solve the national debt crisis? Here’s why you shouldn’t be celebrating just yet. David explains why most people believe passing the Inflation Reduction Act might be the first step to taming inflation and curbing the national debt…
The Inflation Reduction Act of 2022–Will It Raise Your Taxes?
David breaks down the Inflation Reduction Act of 2022 and how the bill will potentially curb inflation by reducing the deficit, investing in domestic energy production, and promoting clean energy solutions. As far as Biden’s Build Back Better…
Whole Life vs. Indexed Universal Life and More…
David is asked about the pros and cons of the Indexed Universal Life – or LIRP – and what to look for when researching it. As far as LIRPs are concerned, David suggests looking for contracts that are both tax- and cost-free. David discusses some…