Ep 1. How the 2020 Presidential Election Affects Retirement & How to Pay 0% Taxes in Retirement

There are two questions that we’ve been getting a LOT lately: What will happen if Trump gets re-elected? What happens if Biden is elected? We’ll help answer these questions and figure out if you need to do anything to prepare.

Then Beau hops on a call with David McKnight, author of “The Power of Zero: How to Get to the 0% Tax Bracket and Transform Your Retirement.” We talk about how you can reach that elusive goal of paying no taxes — and why it might not be quite as elusive as you think.

DISCUSSION TOPICS

Meeting Carl Lubbe, our co-host
“Majority of workers expect their ‘retirement’ to include a job, survey shows”
“How To Make Investment Bets On November Elections”
How COVID-19 has affected many retiree’s travel plans
Safe travel alternatives
Is it really possible to pay 0 taxes in retirement?
What you can start doing today to lower your tax burden
Why it matters that tax rates will have to be higher in the future
The ideal amount of money to have in savings
Trying to change the paradigm for CPAs
Making a plan for long-term care

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About David McKnight:

David McKnight graduated from Brigham Young University with Honors in 1997. Over the past 22 years David has helped put thousands of Americans on the road to the zero percent tax bracket. He has made frequent appearances in Forbes, USA Today, New York Times, Fox Business, CBS Radio, Bloomberg Radio, Huffington Post, Reuters, CNBC, Yahoo Finance, Nasdaq.com, Investor’s Business Daily, Kiplinger’s, MarketWatch and numerous other national publications. His bestselling book The Power of Zero has sold over 250,000 copies and the updated and revised version was published by Penguin Random House. When it was launched in September of 2018, it finished the week as the #2 most-sold business book in the world. In 2019 The Power of Zero was ranked as the #9 best financial resource in the country by Forbes Magazine. This book was recently made into a full-length documentary film entitled The Power of Zero: The Tax Train Is Coming. As the President of David McKnight & Company, he mentors hundreds of financial advisors from across the country who specialize in the Power of Zero retirement approach. He and his wife Felice have seven children.

About Beau Henderson:

Beau Henderson is a retirement consultant, money and business coach, best-selling author, radio host, and Founder of RichLife Advisors. He has helped over 3,000 clients to not just improve their relationship with money, but to live their unique definition of a fulfilled life with purpose. RichLife Advisors helps clients across the United States approaching retirement with a strategy to:

-Save more money
-Pay less in taxes
-Properly address the 12 components of creating a successful retirement
-Protect the people and things that they care about the most
-Live their unique definition of a RichLife in retirement

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