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PDF Ebook The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight

PDF Ebook The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight

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The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight

The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight


The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight


PDF Ebook The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight

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The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income, by David McKnight

Product details

Paperback: 112 pages

Publisher: Independently published (March 6, 2019)

Language: English

ISBN-10: 1795140461

ISBN-13: 978-1795140461

Product Dimensions:

6 x 0.3 x 9 inches

Shipping Weight: 7.8 ounces (View shipping rates and policies)

Average Customer Review:

4.9 out of 5 stars

21 customer reviews

Amazon Best Sellers Rank:

#9,025 in Books (See Top 100 in Books)

Most people think that the primary value a financial professional brings to the table is increased investment performance. But the truth is that investment performance normally plays a very minor role in the overall financial success for most retirees. The most important factors that determine success or failure for most retirees is risk mitigation and income tax planning. David McKnight covered income tax strategies in his first book The Power of Zero. Now McKnight brilliantly illustrates risk mitigation in The Volatility Shield where he shows the main character going broke despite very acceptable investment returns and what seems to be a sustainable withdrawal rate.When I received my copy of the book I decide to read a chapter or two before putting it down and taking it home. Instead, I read it cover to cover in one sitting. It was refreshing that a book dedicated to some pretty hefty financial concepts was written as a financial novella. You actually get emotionally invested in the characters. While the story itself may be a bit far-fetched, the financial concepts are sound. And, most importantly, McKnight refrains from hyperbole which is often prevalent in these types of books.

Two of the most dreaded retirement risks the vast majority of retirees have no idea exist, sequence of return and market draw down, are fabulously explained and solved in this very simple and everyday story. The myths of Wall Street like average rates of return, the 4% Rule and their hatred for the “volatility buffer” are all dealt with in a way every person can understand and feel. Ask yourself one question; If what Wall Street and brokers and the government has been telling you is true about retirement planning for the last 50 years, then why is it that 75% or more of all retirees and soon-to-be-retirees are afraid of either not having enough money or running out of money in retirement??? This book tells you WHY and how to SOLVE that problem.

Great read! Love the story telling way to explain these retirement planning techniques. I am a retirement planner and use David’s principles every day in my practice. And this book, like the POZ, are very helpful not only for consumers, but also I think should be required reading for financial advisers.

Most financial books are dry and boring but this book reads like a short novel with an interesting twist. However, don't believe for one second that it doesn't make valid financial points because it certainly does! Solid advice for those who don't mind thinking outside the box.

David McKnight has done it again. For anyone thinking permanent life insurance is for older people, think again. David lays out a plan and supports it with language that even I can understand. I wish I could give it 10 Stars!

Great read! Very relevant in today’s financial environment. David does a great job telling a compelling story, adding in several financial concepts without confusing the reader. This book should be read by every financial advisor and its concepts should be discussed with each of their clients.

This was a really great and engaging book to read! From the moment I started reading, I didn’t put it down until I finished it. Such a heartwarming story that I thoroughly enjoyed from beginning to end. A fantastic book and another great hit from David McKnight!

I read this book on a long flight and it made my travels enjoyable. Reading the Volatility Shield, you will be entertained and gain valuable financial insights at the same time. Well done David McKnight!

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