This episode of The Power of Zero Show sees David McKnight discussing the single most hated retirement strategy in America: annuities. Interestingly enough, annuities are also one of the most powerful tools you can use to protect yourself from the biggest financial risk you face in retirement. Longevity risk, a retirement danger most retirees never […]
The #1 Most Hated Retirement Strategy (That Actually Works) Read More »
David McKnight dissects Elon Musk’s recent claims that, because of AI robotics and automation, the future will have such hyperabundance that ordinary people may no longer need to save for retirement. In Musk’s future, robots are going to do all the work, AI will create prosperity, and society will provide everything you need at a
Elon Musk Says Stop Saving for Retirement Because of A.I. (Good Advice?) Read More »
David McKnight explores one of the most fascinating and misunderstood topics: Retirement planning annuities. In the article Annuitization Puzzles, Economics Nobel Prize winner Richard Thaler tries to answer a deceptively simple question: If annuities are so good at protecting retirees from outliving their money, why don’t more people buy them? Thaler, one of the founding
Why Americans Hate Annuities Read More »
David McKnight discusses the three assets he believes you really need for a stable, predictable tax-efficient retirement. Getting them right will dramatically reduce the risks that derail most retirements: Market risks, sequence of returns risks, longevity risks, tax risks, and long-term care risks. Stock market investments, with a 70% total US stock market index and
The Only Three Assets You’ll Need in Retirement Read More »