60 minutes | Oct 27th 2020

1. How the 2020 Presidential Election Affects Retirement & How to Pay 0% Taxes in Retirement | with David McKnight

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 TOPICSMeeting 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 plansSafe travel alternativesIs it really possible to pay 0 taxes in retirement?What you can start doing today to lower your tax burdenWhy it matters that tax rates will have to be higher in the futureThe ideal amount of money to have in savingsTrying to change the paradigm for CPAsMaking a plan for long-term careResources:davidmcknight.com“The Power of Zero: How to Get to the 0% Tax Bracket and Transform Your Retirement”Watch “The Power of Zero” documentary on AmazonThe Retirement Resource is produced by Crate Media.
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