Clark Howard Says Fixed Indexed Annuities Stink! (My Response)
David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity. Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard…
David McKnight Endorses Brian Hanson
David McKnight, best selling author of the Power of Zero, endorses Elite Power of Zero Advisor, Brian Hanson.
Is IUL the Dream Investment that Doug Andrew Claims?
Doug Andrew called the IUL a dream investment, but is it the silver bullet retirement account he claims it to be? David goes through Doug Andrew’s controversial remarks about IULs, and explains why he politely disagrees with his…
LIRP Explained: A Comprehensive Guide to Life Insurance Retirement Plans
Life Insurance Retirement Plans (LIRPs) are becoming an increasingly popular tool for retirement planning, offering a blend of life insurance coverage and potential tax-advantaged growth. This guide explores what LIRPs are, how they work, and the key considerations for individuals thinking about incorporating them into their retirement strategy. Understanding Life Insurance Retirement Plans: What is a LIRP? A Life Insurance Retirement Plan (LIRP) is a strategy that utilizes permanent life insurance policies, such as whole life or universal life, as a means to accumulate cash value over time. This cash value can then be used tax-free under certain conditions, […]
The Two 5-Year Roth Rules Explained
This episode explores the two different five-year rules for Roth IRAs instituted by the IRS to prevent people from abusing them. The first five-year rule applies to earnings on Roth contributions and determines whether those distributions can be taken…
Warren Buffet Says AVOID Financial Advisors Like the Plague (Is He Right?)
At a recent Berkshire Hathaway annual shareholder meeting, Warren Buffett shared his thoughts on why he sees financial advisors as the worst people to trust with your money. Buffett believes that financial professionals in aggregate can’t do better…
