David and Mark Byelich talk about why people don’t want to pay a tax before the IRS absolutely requires it of them.

David touches on the 2018 documentary The Power of Zero: The Tax Train is Coming.

Mark Byelich explains that the longer someone hasa tail of the overage in their IRA hanging out there, the more risk they have.

Mark discusses what happens in financial planning when people ease. 

When it comes to people around the country, the initial tax payment is typically the thing that’s really hard to get over.

David shares what tends to occur when people get over the “shock” of paying that initial tax.

 

 

Mentioned in this episode: 

David’s upcoming book: The Guru Gap: How America’s Financial Gurus Are Leading You Astray, and How to Get Back on Track

David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code

DavidMcKnight.com

DavidMcKnightBooks.com

PowerOfZero.com (free 3-part video series)

@mcknightandco on Twitter 

@davidcmcknight on Instagram

David McKnight on YouTube

Get David's Tax-free Tool Kit at taxfreetoolkit.com

Mark Byelich

The Power of Zero: The Tax Train is Coming 

Doug Orchard 

George Shultz 

Ed Slott