The Power Of Zero Show

Anyone can do a Roth conversion. You need to have money in an IRA. There are no income limitations.

The question comes down to how much tax you want to pay. Do you feel like your tax bill will be low…

The basic gist of the fiscal gap is that the publicly stated national debt is $20 trillion which is more than enough to cripple our economy, but that’s not the whole picture.

The fiscal gap is the di…

The question is “how can we take money out of our life insurance tax free?” Is it possible to take money out of your life insurance policy and have it feel like a distribution from your Roth IRA?

Eve…

David believes that life insurance in most cases is the best way to handle long- term care needs in retirement.

Why do financial gurus say that you need long-term care insurance? 70% of us will need …

When David speaks to his clients or the public, he’s often talking about the nation’s fiscal crisis, the national debt, and unfunded obligations.

There are really only four ways to resolve our fiscal…

The story David tells at the beginning of the book is a tale about David Walker, the former Comptroller General for the federal government. Back in 2008 he appeared on a radio show and told them that…

The best financial decision that David has ever made was to acknowledge that taxes are going to be dramatically higher in the future than they are today.

David is a husband and father of seven and ha…

The 4% rule says there is a percentage that you can withdraw from your assets once you hit retirement, and still have a reasonable expectation that your money will not run out before you die.

The ind…

About half of the people that David sees have pensions. The younger you are the less likely you are to have a pension.

The burning question these people always have once they believe that tax rates a…

There is no retirement planning class based on the Power of Zero book, but there is one that David created. He’s taught it to hundreds of advisors across the country. The Power of Zero is not the bas…

Some people don’t read books. Creating a documentary is a way to reach those people.

Plenty of people read the book but are still unconvinced that tax rates are going to be higher in the future than …

One of the things we tell 75 million Baby Boomers preparing to retire is that tax rates are going to be higher in the future.

Some people will point to the latest tax cuts and think that the urgency …

The tax free paradigm essentially says there is an ideal amount of money you should have in your taxable and tax deferred buckets. Everything above and beyond that should be systematically reposition…

Do you believe tax rates will be higher in the future than they are today?

There is about $21 trillion in the 401(k)’s and IRA’s across the country. If you were to look at the cumulative amount of mo…

The number one piece of information you should consider when thinking about your tax deferred bucket is what you think the tax rate will be when you take out your money. Will it be higher or lower?

Y…

The taxable bucket contains investments that you get to pay a tax on. Things like savings accounts, money markets, stocks, and bonds.

You know your investment is taxable when you receive a 1099 from …

There is a massive disconnect between what people think the future of tax rates will look like and what they are doing to prepare for it. 

If you believe that tax rates will be 1% higher than they ar…