May 13, 2015
Bob Ritter, the owner and founder of Insmark, Inc., wrote a recent blog entry in which he discusses a Forbes.com article about the most recent studies on the true cost of owning a mutual fund. According to the article, the total...
April 7, 2015
Here are a few of the exciting things happening here at David McKnight & Company:
The Power of Zero continues to consistently rank in the top 10 Amazon retirement books over a year after its best-selling launch! Thanks for your support!
February 12, 2015
According to this article, Obama's most recent budget calls for eliminating the "back door" Roth alternative for individuals whose income is too high to contribute to Roth IRA's. In this strategy, high income investors make after-tax or "non-deductible" contributions to IRA's only to convert...
February 2, 2015
On March 27th I will be conducting a “Power of Zero” boot camp in Milwaukee, Wisconsin. During this all day event, I will be discussing the following:
The roll-out of our new university-based workshop, “The Changing World of Retirement Planning”. This...
January 9, 2015
Nearly a year has passed since we launched The Power of Zero to the #1 Best-Seller position on Amazon. Now, as we approach the one year anniversary, I'm happy to say that we continue to enjoy robust sales and are...
December 9, 2014
I've been made aware that the email to RSVP to the boot camp on the prior email is not linked up. Please RSVP instead to the following email address:
December 9, 2014
On January 30th I will be conducting a "Power of Zero" boot camp in Milwaukee, Wisconsin. During this all day event, I will be discussing the following:
The roll-out of our new university-based workshop, "The Changing World of Retirement Planning". This...
November 26, 2014
I'm very excited to make this announcement! After months of hard work we have just released our "Power of Zero Mentor Program" Online Video Course for advisors. This course is available to you at NO COST and will walk you through...
November 18, 2014
Yesterday I had the opportunity to address about 100 CPA's at their annual symposium. As I led them through my presentation, a couple of things really stood out. First, when I asked how many of them thought that tax rates...
September 15, 2014
Clients ask us this question all the time. This article on Ed Slott's website gives us the answer and goes further by explaining income thresholds for Roth IRAs (single, married, and married filing separately--this one may surprise you) as well...
September 3, 2014
In my latest article in National Underwriter I discuss how to combat the online gurus who insist that the IUL is problematic given its high fees. I compare the fees in a properly structured IUL to the fees in the average...
July 30, 2014
In Dave Ramsey’s most recent article, he makes the case that life insurance is a lousy way for a mother to leave money to her children. The case in point is a debt-free 71 year old mother who is paying...
July 10, 2014
Bob Ritter has done it again. His blog this week is one of the most concise, powerful explanations of why our clients should not be putting money into their 401(k)s above and beyond the match. He makes the case mathematically...
May 31, 2014
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The audio book version of The Power of Zero is debuting at #2 in Hot New Releases on Amazon. The book version is holding strong at #3.[/caption]
May 27, 2014
The Power of Zero
Audiobook is now available on Amazon and can be purchased here
Feel free to download it onto your ipod or burn it onto a disk and listen while you drive in your car!
May 15, 2014
Dispelling the IUL Fee Myth
Ever take an IUL application on Friday afternoon only to get a voice message from your prospect on Monday morning saying he’s had a change of heart? Over the weekend he researched what the online “gurus”...
April 21, 2014
Great news! The Power of Zero audiobook is in the process of being recorded and will be ready for sale by May 15th! This will be downloadable to any MP3 player and will be available on Amazon, iTunes and Audible. ...
April 18, 2014
If you're looking for good 3rd party confirmation from a nationally recognized expert on why life insurance is indispensable not only to estate plans but to retirement plans, this video is it. In this video, Ed Slott (who also happened...
April 15, 2014
Recently a prospective client sent me an email referencing various anti-EIUL articles from the internet. I took the liberty of posting these objections along with my responses to them below.
Pros and Cons of Indexed Universal Life Insurance
Taxation of EIUL - EIUL...
April 11, 2014
Ever since The Power of Zero came out, I have been sending a copy home with every prospective client I meet with, and to great effect. If you're looking to solidify the tax-free paradigm in the minds of your clients and...
April 3, 2014
Recently an Amazon.com reviewer of my book The Power of Zero confidently asserted that we can solve all our nation's impending financial problems by simply restructuring our entitlement programs. I’d like to offer herein a counter perspective. We’ve all known for...
March 19, 2014
For those of you who have seen my workshop "The Power of Zero", this article substantiates everything I say about the future of Social Security. We will either have to raise taxes, reduce benefits, or some combination of the two. ...
March 17, 2014
This is the podcast that is going out to thousands of Real Wealth Weekly advisors and their clients this week. If you want a compelling podcast to forward to your clients to get them on board with tax-free retirement planning, this...
March 4, 2014
I love success stories about using "The Power of Zero" with clients. If you have any, please be sure to let me know about them.
Here's one from my friend Brian Hanson in Eden Prairie, Minnesota. He was at the post...
February 25, 2014
The link to Ed Slott's article I just sent you expired. Here's the html version:
HOW TO AVOID STEALTH TAXES
by Ed Slott
There's a good chance that you are already hearing from clients who have been blindsided by taxes they were not...
February 24, 2014
In this article, Ed Slott talks about 5 stealth taxes that the IRS is phasing into the tax code. How can you protect your clients from these stealth taxes? Convert money to tax-free accounts like Roth IRA’s (and life insurance...
February 17, 2014
As many of you know, former Comptroller General of the Federal Government David M. Walker (whom I cite multiple times in my book The Power of Zero) has formed an exploratory committee for a potential run for the Lieutenant Governor...
February 14, 2014
Please note the following clarifications based on questions that arose from my last post on bulk discounts for The Power of Zero:
Many people have expressed interest in bulk discounts for The Power of Zero. Although Amazon doesn’t permit bulk...
February 3, 2014
Reminder: "The Power of Kindle" FREE on Kindle--TODAY ONLY!As a special benefit to followers of this blog, I'm making the exclusive announcement that the #1 Amazon Best Selling book "The Power of Zero" can be downloaded for FREE on...
January 31, 2014
As an exclusive announcement to followers of this blog, my recently released, number #1 Amazon best selling book "The Power of Zero: How to Get to the 0% Tax Bracket and Transform Your Retirement" will be FREE on Kindle on...
January 30, 2014
The Power of Zero on The Huffington PostHere's a great article from The Huffington Post yesterday that talks about The Power of Zero! If you haven't gotten the book yet, this article will really wet your whistle for what the...
January 30, 2014
At 8:25 pm CST, the Power of Zero is standing at #1 in Retirement Planning, #2 behind Jim Cramer in Hot New Releases, #11 in Personal Finance and #220 in All Books. Thanks to all who helped launch The Power...
January 29, 2014
Here's where we are as of 4:24 CST: The Power of Zero is #1 under Retirement Planning, #3 under Hot New Releases, #14 under Personal Finance, and #398 under All Books.
Don't give up now, we're building momentum!
January 29, 2014
If you’re planning on buying copy(ies) of The Power of Zero I’d like to encourage you to do so today. I need your help to drive it to #1 on Amazon under Personal Finance. I can’t do it without you! ...
January 27, 2014
The goal of my book launch on Wednesday is to concentrate our book purchasing efforts all on one day so that The Power of Zero can rise to the #1 spot on Amazon under Personal Finance. As an Amazon...
January 24, 2014
The Power of Zero book launch party is happening on Wednesday January 29th! We're trying to push it to #1 on Amazon under Personal Finance! I'll need all of your help! Are you ready to experience the power of zero?...
January 11, 2014
After going through many iterations, this is the final cover for "The Power of Zero", for sale on Amazon within 10 days.
December 6, 2013
Check out David McKnight & Company's New Website!Please take a look at my company's new website: thepowerofzeropercent.com. There you can find out more about David McKnight & Company, read my latest articles or, shortly, order copies of my new book The...
November 15, 2013
Here's an interesting article from Men's Health Magazine that talks about a man who pushed an elderly couple out of the way of an oncoming train. When you think about it, aren't we trying to do the exact same...