The follow-up to the bestselling The Power of Zero, providing a blueprint to build a guaranteed, tax-free income stream that lasts for the long run. American retirees face a looming crisis. We are living longer than ever before, and most experts predict a dramatic rise in tax rates within the next ten years. The hard truth is that no matter how much you save, you are likely to outlive your money or watch it be taxed into oblivion. But when traditional retirement distribution strategies won't provide sufficient income in the face of higher taxes, what can you do? Tax-Free Income for Life lays out a comprehensive, step-by-step roadmap for a secure retirement. McKnight shows how the combination of guaranteed, inflation-adjusted lifetime income and a proactive asset-shifting strategy can shield you from longevity risk and the cascade of unintended consequences that result from higher taxes. It's an innovative and proven strategy that maximizes return while effectively neutralizing the two biggest risks to retirement savings. If ever there were a solution for the American retiree, it's guaranteed tax-free income for life.

Get the most out of your 401(k) in any economy Filled with sample 401(k) portfolios for every stage of life Invest your 401(k) money wisely and make the most of your retirement Want to know what kind of investment mix you need to make your retirement money grow? Don't know what to do with a 401(k) account from your last job? Worried that your company's 401(k) plan doesn't cut it? Relax! This simple, plain-English guide shows you how to manage your accounts, minimize your risks, and maximize your returns. The Dummies Way * Explanations in plain English * "Get in, get out" information * Icons and other navigational aids * Tear-out cheat sheet * Top ten lists * A dash of humor and fun

IRAs, 401(k)s & Other Retirement Plans helps you make sense of the rules that govern distributions from retirement plans, and avoid the stiff penalties that lurk in the fine print. It covers the different types of retirement plans -- including 401(k)s and other profit-sharing plans, Keoghs, IRAs and tax-deferred annuities -- and the taxes and penalties that can deplete your nest egg.

It is no secret that everyone needs to save for retirement. Without adequate savings, retirees must rely upon the government, their families and charities for support. Americans are not saving enough. They invest poorly. Most retirees depend on Social Security for over half of their retirement income. Over one third of "retirement" income comes from working wages. The government is deeply in debt. Social Security is highly flawed. The traditional nuclear family is history. Supportive charities are struggling for donations. The retirees of tomorrow must be able to support themselves. Everyone knows this. Wealth accumulation is high on everybody's "to do" list. So, why can't people save and invest effectively? There are many reasons. Most of them can be fixed - especially by employers. Jay Lumbert is one of the nation's foremost authorities on retirement. His companies have helped more than a thousand employers design, build and manage retirement plans. As the founding CEO of two full-service investment firms, Jay has personally helped more than ten thousand individuals plan for retirement success. In the 1990s, Jay helped conceive and create the first open-architecture 401(k) program. Open architecture helped companies slash plan expenses. It gave employers access to nearly all legal investments. It allowed companies to design custom solutions, with world-class investment choices. It also made things far more complicated. Offering good investments is not enough to help employees maximize their retirement savings. Too many choices intimidates and confuses many employees. Without proper design and education, retirement plans usually fall well short of accomplishing their potential. This led Jay to write this book. Retirement Plans Simplified By Jay shares the latest techniques that employers can use to maximize employee participation in their 401(k) plans. It shows employers how to help employees significantly improve their investment results. This book also helps plan fiduciaries protect themselves against the breach of financial regulations, and find efficient ways to help executives save more money. It also shows business owners how to set aside more in tax-favored assets. Jay's companion book, Retirement Planning Simplified By Jay, helps employers impart the critical investment knowledge that all employees must know and understand. When used together, many employers will achieve radical changes for the good of all. Jay has a BA in psychology and economics, plus a graduate degree in writing. Jay knows how to present complex topics in easy-to-understand ways. As the author of Working HR: A Functional Reference Guide, Jay has studied the personnel challenges facing today's companies. He understands the delicate financial balance that gets weighed against all benefits. This book explains each retirement planning strategy that employers can implement - for themselves and for their employees. Whichever plan, or combination of plans, utilized will depend upon the reader's personal and corporate goals.

Get the Summary of Mark J. Kohler's The Tax and Legal Playbook in 20 minutes. Please note: This is a summary & not the original book. "The Tax and Legal Playbook" by Mark J. Kohler provides a comprehensive guide for individuals seeking to minimize tax liabilities and enhance wealth through entrepreneurship, real estate investment, and strategic tax planning. Kohler emphasizes the benefits of starting a side business for additional income and tax deductions, including expenses related to travel, home offices, and technology. He advocates for a lifestyle of spending less than one earns, investing in real estate, and generating passive income...