Episode 121: Look Before You LIRP with David McKnight

Since 1997, David took a 5 minute presentation on taxable and tax free income and turned it into a 25 year career. He talks about the 6 different streams of tax free income you can get in retirement. These include Roth IRA & Roth 401k, LIRP, tax conversions.You will learn the 6 different types of tax free income, what David recommends, and how inflation and recession impact your investments.  David famously teaches How to Get To The Zero Percent Tax Bracket by Retirement.David also referenced Club Capital Podcast guest Ed Slott’s book, The Forward during this interview.  (You can find Ed Slott’s episode, Episode 59: The Retirement Savings Time Bomb right here on the podcast.)He noted that the tax cuts in 2008 will be a benefit until about 2030.  However, if they raise the rates on the national debt, we may not even be able to service it.  Learn in this podcast what the actual year is that you need to pay attention to for investing, and how long you have to move your money to a zero percent tax bracket at retirement.Find David’s resources like The Power of Zero & Tax Free Income For Life at https://davidmcknight.com/