How to Tell If a Financial Guru Is Telling You the Truth
This episode is part of David McKnight’s guest interview with Kyle Solon. David talks about the importance of math when it comes to decisions related to using cash value, life insurance, and annuities. A recent Ernst & Young study showed a…
What Trump’s Election Means for Your Roth Conversion Strategy
David McKnight describes the Trump tax cuts situation before Trump’s victory at the 2024 presidential elections. There’s likely going to be changes under a new Trump administration – something that David sees as great news. When it comes to Roth…
The Huge ERROR in the Dave Ramsey-George Kamel Plan to Pay Off Your Home in 10 Years
This episode is a critique of a recent video by George Kamel on the supposed benefits of paying off your house in 10 years. David McKnight examines Kamel’s viewpoint on early mortgage payoff and whether it’s truly beneficial – do you really come…
LIRP: The Retirement Planning Tool You Haven’t Heard Of
Life Insurance Retirement Plans (LIRPs) are emerging as a valuable yet lesser-known tool in the retirement planning landscape. LIRPs, which combine life insurance coverage with the potential for tax-advantaged growth, can be a consideration for addressing income needs in retirement and legacy planning goals. Unlike traditional retirement accounts, which can come with contribution limits and required minimum distributions, LIRPs provide flexibility and a strategic approach to both savings and protection. In this guide, we’ll dive into the essentials of LIRPs, explore how they function, and highlight key factors to consider when deciding if this approach aligns with your financial […]
The Top 6 Reasons to Do a Roth Conversion
Today’s episode looks at the top 6 reasons why doing a Roth conversion may be the right move for you. The disastrous fiscal condition of the U.S. is the first reason why you should consider doing a Roth conversion. David explains why debt in…