The Power Of Zero Show

The Power Of Zero Show

davidmcknight.com
Tax rates 10 years from now are likely to be much higher than they are today. Is your retirement plan ready? Learn how to avoid the coming tax freight train and maximize your retirement dollars. 276095
How To Take Tax-Free Distribution From Your Life Insurance Policy with David McKnight
Feb 12 • 17 min
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? Every life insurance policy allows you to take out…
Should I Use Life Insurance For Long-Term Care? with David McKnight
Feb 5 • 18 min
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 long-term care in our lives. Nobody wants to save…
Four Ways To Save Our Country From Financial Ruin with David McKnight
Jan 29 • 10 min
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 crisis. You decide what you think the most…
David McKnight’s Interview with the Nation’s #1 Financial Podcast, Stacking Benjamins
Jan 22 • 17 min
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 tax rates have to double. The math says that the…
Jill Schlesinger from CBS Radio Interviews David McKnight
Jan 15 • 31 min
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 has been in the financial services industry since day…
The Volatility Buffer with David McKnight
Jan 8 • 14 min
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 industry runs Monte Carlo scenarios where they look at…
Pensions and the Zero Percent Tax Bracket with David McKnight
Jan 1 • 12 min
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 are going to be higher in the future is “what can I…
Clark Howard Article With David McKnight
Dec 25, 2018 • 33 min
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 basis of the class, but it may be a homework…
Power of Zero Documentary with David McKnight
Dec 18, 2018 • 14 min
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 they are today. The documentary was a way of…
The Tax Sale of a Lifetime with David McKnight
Dec 11, 2018 • 14 min
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 of David’s message is diminished. David Walker has…
The Life Insurance Retirement Plan with David McKnight
Dec 4, 2018 • 27 min
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 repositioned in the tax free bucket. The ideal amount of money…
The Power of Tax Free Investments with David McKnight
Nov 27, 2018 • 18 min
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 money in Roth IRA’s and Roth conversions, there…
Tax Deferred Investments with David McKnight
Nov 20, 2018 • 19 min
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? You may hear the argument that If you take money out…
The Taxable Bucket with David McKnight
Nov 13, 2018 • 16 min
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 the IRS. These are not the most efficient…
The Coming Tax Storm with David McKnight
Nov 1, 2018 • 16 min
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 are today, you should have as much money as you…