The Power Of Zero Show

Today’s episode focuses on the difference between your effective and marginal tax rate and which one is relevant in different financial planning contexts.

For David, the American tax system works exa…

David explains how, normally, we think of the sequence of return risk as the risk associated with the order in which you experience investment returns in your stock market portfolio in retirement.

Th…

There are dozens of contexts in which life insurance gets used, but 95% of the time, and from a Power of Zero planning standpoint, it gets used in two different ways.

David explains how having a cert…

David discusses how Mitt Romney is at the forefront of trying to save Social Security, Medicare, Medicaid, solve the national debt problem, all while simultaneously trying to save the country.

In a r…

Mark Byelich doesn’t know when taxes are ever going to be lower than they are right now.

David sees Medicare, not Social Security, as the main issue because Medicare is five times more expensive and …

Normally, it takes a year to add $1 trillion to the national debt. With Covid-19, we have added $6 trillion to the debt. Something that usually happens in 6 years took place in 3 months.

David believ…

In a previous episode of the Power of Zero Show, David discussed the importance of having a guaranteed 0% loan provision in your LIRP.

Beware: even if an insurance company has a guaranteed 0% loan pr…

Today’s episode focuses on outlining the basic differences between long-term capital gains and ordinary income taxes, and showing how they interact with each other from a taxation perspective. The id…

David’s upcoming book, The Infinity Code, is a novel that talks about important financial concepts and themes, and that will keep you on the edge of your seat through the entirety of the read. The bo…

Episode 165 of the Power of Zero show covered how Joe Manchin gave a firm ‘No’ to Joe Biden's signature legislation, the Build Back Better plan, in its current form. This topic is of crucial interest…

As David explains, there are two ways of controlling our budget: raising revenue or reducing spending (or some combination of the two), just like an American household.

Rebecca Walser thinks that Mod…

Rebecca Walser thinks that the 401(k) is a failed experiment. In her opinion, the Revenue Act of 1978 was nothing more than a corporate tax dodge for highly compensated executives, and not a state re…

David has been tracking Joe Biden’s Build Back Better plan for the last 6 months – and the sticking points have been Joe Manchin and Kyrsten Sinema. 

Joe Manchin, in particular, has always been the o…

David’s latest book, the Infinity Code, is centered around the story of a shadowy cabal bent on transforming the US monetary policy and has recently been finished.

The Fed is currently wrestling with…

The Baby Boomer Dilemma came about because of Doug’s work with David in the past. After a podcast crowdfunding event last January, Doug received enough funding to get things off the ground.

The Baby …

Inflation is here, the question is “Is it here to stay?” Consumer prices soared in October 2021 and are up 6.2% from a year earlier, the fastest increase in over three decades.

We’ve grown accustomed…

As a financial advisor, David came up with the concept of the three buckets and a quick five-minute presentation to convey the idea to clients. This developed into an hour-long presentation which eve…

The situation with the Biden infrastructure plan continues to evolve. Senators Joe Manchin and Krysten Sinema have continued to be obstacles in the Democrats' way from getting the bill passed. 

The D…

Joe Biden has talked about how his tax plan is cost neutral, where the increases in taxes on the wealthiest Americans will offset the costs. Maya MacGuineas recently took a look at the numbers to fin…

There is a little-known part of the IRS tax code that allows you to access your 401(k) or 403(b) prior to 59 and a half without penalty.

Traditionally, the penalty is 10%, but the Rule of 55 gives yo…