The Power Of Zero Show

When someone is talking about a risk multiplier, they are essentially talking about longevity risk. The longer you live, the more likely it is for you to experience a subset of risks that could compl…

David is generally very reluctant to recommend something that would cause someone to bump from a 12% tax bracket into a 22% tax bracket. We’re trying to avoid the tax apocalypse that’s coming down th…

Rule #1: Everyone’s situation is different, and there is no cookie cutter approach. You can’t pick up the Power of Zero book and have the exact recipe for success. It will need to be tailored to your…

When David is working with a client, his recommendation is to reach the zero percent tax bracket is by having 5 to 7 streams of tax-free income. These can include Roth IRA’s, Roth 401(k)’s, and L.I.R…

There are three words that don’t get mentioned very much, but they should scare the dickens out of you. Those words are Public Pension Liabilities. It’s a problem that is largely flying below the rad…

David becomes very uneasy when advisors recommend that their clients take the money in their IRA and convert all of it into an LIRP. The LIRP has a lot of benefits, but it really should be used in co…

There are two people today that are making waves in the national conversation for what they are saying about the national debt.

This first is Ken Fisher. Ken says the debt to GDP ratio has been worse…

What are the implications of taking your pension normally versus a lump sum? A lot of companies offer the lump sum as a way to get out from under the financial obligation of paying you or your spouse…

Line 10 on your tax return can be a great joy for you in retirement. Before the tax cuts of 2018, you may have known it as Line 43, and it simply means your taxable income.

Taxable income is importan…

Over the years David has noticed a number of advisors who have professed to be Power of Zero advisors, but there are a number of significant shortfalls in their approach.

A true Power of Zero advisor…

Social Security can indeed be taxed, despite the feeling that you’re getting taxed twice.

This year, 89% of all federal tax revenue is only going to go towards four things: Social Security, Medicare,…

When you come from a tax-deferred paradigm, it can really skew how you view the types of accounts that you are accumulating dollars in.

The main thrust of the reviewer’s critique is that we shouldn’t…

The IRS has a test called the seven pay premium test. It basically states that it’s possible to put too much money into a life insurance policy. If you fail that test than any loans that you take fro…

The number one criticism of the Life Insurance Retirement Plan online is that the fees are simply too prohibitive, but the question is really what are they expensive compared to?

The best way to comp…

You will find articles on the internet that claim that if you are going to do a Roth Conversion you have to do it a number of years before retirement, because you must have the ability to recuperate …

There are a number of ways to get money out of an IRA before you are 59 and a half years old. One is a Roth Conversion, but the problem with that is you have to pay tax and potentially a penalty. The…

There are three critical mistakes that most people make when preparing for retirement that really should be resolved beforehand.

The first mistake is to assume that you will be in a lower tax bracket…

Harlon Accola is the National Reverse Mortgage Director for Fairway Independent Mortgage Corporation, and reverse mortgages are all he’s done for the last sixteen years. More recently he’s been train…

Today, we continue last week’s discussion of 15 Things You Should Know about the Roth IRA, with Part 2.

You can not take a required minimum distribution from an IRA and turn it into a conversion, you…

A true tax-free investment will meet two basic tests. They will first be free from every type of tax which means free from federal tax, state tax, and capital gains tax. The second thing is that the …