Safe Money Radio with Brad Pistole

Guest David McKnight: "DON'T Listen to Dave Ramsey's Retirement Advice!"


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Best-selling author David McKnight takes center stage to question the financial advice that gurus like Dave Ramsey and Ken Fisher have been imparting for decades. Could these famous figures be leading you astray? We unravel McKnight’s groundbreaking insights from his latest book, "The Guru Gap: How America's Financial Gurus Are Leading You Astray and How to Get Back on Track," as he challenges traditional retirement strategies and explores the hidden motivations behind popular financial advice.

Join us as we dissect the motivations and potential biases of these financial gurus, revealing how personal gains might skew their guidance. McKnight draws sharp contrasts between mainstream advice and academically-backed strategies, highlighting the importance of a mathematical and actuarial science approach to financial planning. We take a critical look at how unconventional advice, particularly from Ramsey, might end up shortchanging retirees, while offering perspectives that prioritize long-term security and wealth preservation.

Discover a fresh perspective on retirement planning as we examine innovative strategies that go beyond the outdated 4% rule. McKnight shares actionable tips on utilizing fixed indexed annuities, cash value life insurance, and Roth IRA conversions to safeguard your financial future. This episode also covers strategic tax planning, detailing how to optimize low tax rates today to mitigate future liabilities. For those eager to forge a path to a secure retirement, this conversation is a treasure trove of insightful and practical advice.

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To learn more about Brad Pistole and the Ozark Retirement Group, please visit www.ozarksretirement.com

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Safe Money Radio with Brad PistoleBy Brad Pistole

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