According to David, Ken Fisher’s hate toward annuities is visible in what can be considered “one of the most successful attacks on any financial product in history”.
David discusses why, in his opinion, Ken Fisher sees annuities as the perfect marketing tool to build his own asset management firm.
There are two things annuities can do that no other financial product can – David explains what they are.
Academic studies that go back to the early 1960s seem to suggest that annuities are the best way to maximize retirement income.
There appears to be a massive information gap facing a generation of retirees who are unaware of the value annuities can play in helping them spend more income in retirement.
David shares an example by Dr. Michael Finke, one of the foremost experts on the benefits of guaranteed lifetime income.
David touches upon whether what Ken Fisher is doing can be considered illegal.
Mentioned in this episode:
David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code
DavidMcKnight.com
DavidMcKnightBooks.com
PowerOfZero.com (free 3-part video series)
@mcknightandco on Twitter
@davidcmcknight on Instagram
David McKnight on YouTube
Get David's Tax-free Tool Kit at taxfreetoolkit.com
Ken Fisher
Richard Thaler’s New York Times articles
Peter Diamond
“Ken Fisher Can’t Have It All” by Dr. Michael Finke
Dave Ramsey Is WRONG About Fixed Indexed Annuities
Financial Guru Loses $400k to Ill-Advised Roth Conversion (Is Your Money Safe?)
Jeremy Schneider--All CPAs, CFPs and FInancial Advisors Hate IUL (My Response)
The Truth About Dave Ramsey's Investment Philosophy
How Roth IRAs and Life Insurance Can COMPLETELY SHIELD You and Your Heirs From a Doubling of Tax Rates
Why the Roth IRA Is NOT Enough (Graham Stephan Is Wrong!)
How to Implement the Power of Zero Retirement Strategy
The Case for Contributing 30% of Your Retirement Savings to an LIRP
Dave Ramsey Is Disastrously Wrong on Roth Conversions
Roth Conversions: Avoid This Bracket at All Costs!
Here's Why They're Going to Extend the Trump Tax Cuts Before 2024
Do ALL Financial Gurus Hate Cash Value Life Insurance?
Should you do a Roth 401(k) or a Traditional 401(k)? (The Answer May Surprise You!)
Ramit Sethi is WRONG About Annuities and Cash Value Life Insurance
Dave Ramsey Says Don’t Do an IUL Because of Its Surrender Charges (Is He Right?)
Now is the Best Time in History to Get to the 0% Tax Bracket
Does the IUL REALLY Work?
Dave Ramsey Is WRONG About the National Debt
Ernst & Young Study on Using Permanent Life Insurance for Retirement Income (Surprising Results!)
Max Loan Challenge: Whole Life vs IUL in a Fixed Account
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