David McKnight breaks down the approach he would follow if he were to invest a $2 million 401(k) in retirement. David points out that when you retire, you’re no longer just investing for growth; you’re investing for income. Remember: If you get this wrong, you don’t get a do-over. In the case David discusses, many […]
How I’d Invest $2 Million Right Now Read More »
David McKnight explores the so-called “22% Roth conversion mistake,” which he considers a common and costly mistake when it comes to Roth conversions. He points out that, despite Trump tax cuts being made permanent with the passage of the One Big Beautiful Bill Act in July 2025, tax rates can change at any time with
What Is the 22% Roth Conversion Mistake? Read More »
David McKnight discusses the three biggest retirement planning mistakes that show up over and over again. Avoiding them will dramatically increase the likelihood that your retirement savings will last as long as you do. Mistake #1 pertains to over-accumulating in tax-deferred accounts like 401(k)s and IRAs – a mistake that surprises many people as they
The Three Biggest Retirement Planning Mistakes I See All the Time Read More »
David McKnight explores a retirement planning phenomenon that almost nobody discusses, but that has been documented repeatedly in academic research. It’s the idea that when retirees convert some of their savings into guaranteed lifetime income through an annuity, they actually spend more money and enjoy retirement more than those who rely on their liquid retirement
Why Retirees with Guaranteed Income Spend More (and Are Happier!) Read More »