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
Why Your LIRP MUST Have Interest in Arrears and Daily Sweeps
Can Long-Term Capital Gains Push You Into a Higher Tax Bracket for Roth Conversions?
Why Your LIRP MUST Have a Guaranteed 0% Loan Provision
Is Joe Manchin Coming Back to the Table on Build Back Better?
My Interview with Rebecca Walser, Author of Wealth Unbroken, Part 2
My Interview with Rebecca Walser, Author of Wealth Unbroken, Part 1
Joe Manchin Kills the BBB; What this Means for POZ Strategy
Why the National Debt Has Hamstrung the Fed and Legislative Update
Interview with Doug Orchard, Director of The Baby Boomer Dilemma
Is Inflation Here to Stay?
What I Would Do If I Were President
My Upcoming Book, Legislative Update and Thoughts on Hyperinflation
Updated Tax Thresholds for 2022 AND Is the Biden Tax Plan Really Cost Neutral?
How to Access Your 401(k) Prior to 59 1/2 without Penalty
Can a Billionaire's Tax Save Joe Biden's Signature Legislation
The Importance of Multiple Streams of Tax-Free Income
Is Biden's Tax Plan Going Up in Smoke?
The Bi-Partisan Debt Extravaganza
The POZ Worldview: David McKnight versus Dr. Larry Kotlikoff
7 Takeaways from the Recent House Tax Bill
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