Taxes Are On Sale Right Now: Why David McKnight Is Concerned
David McKnight says the next 10 years may be one of the biggest tax-planning opportunities retirees will ever have. He says: "Every year that goes by where you fail to take advantage of historically low tax rates is potentially a year beyond 2035 when you could be forced to take advantage of tax rates that are much higher." People don't love paying taxes. But as David says: "The sale is on." If tax rates rise in the future, the strategies you use today could have a major impact on how much retirement income you actually keep. #RetirementPlanning#RothConversion#RetirementIncome#TaxPlanning#RetirementIncomeSchool Are today's tax rates a temporary opportunity? In this lesson, bestselling author of the Power of Zero, David McKnight, explains why he believes retirees should pay attention to future tax rates, Roth conversions, and retirement income planning. Watch the full lesson on Retirement Income School™. https://www.RetirementIncome.School On YouTube: https://youtu.be/w9f8Ntf2L5U
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