Barry Watts dives into the key risks retirees face—rising taxes and inflation. Barry shares strategies like Roth conversions and tax credits to help secure retirement income. With 68% of baby boomers planning to age in place, he stresses the need for a comprehensive financial strategy beyond annuities.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Click the link to listen now: https://pod.link/1737485633

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 042. Twin Threats of Taxes and Inflation -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

Barry Watts and Ralph Hipp discuss why 82% of young Americans believe retirement is harder to achieve than it was for their parents. Barry highlights the impact of debt, the importance of rebalancing portfolios, and how strategic tax planning—like Roth conversions—can help secure a better financial future.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Click the link to listen now: https://pod.link/1737485633

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 041. Balance your Retirement Portfolio -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

Barry Watts and Ralph Hipp explore the impact of unexpected early retirements, referencing a Transamerica study that reveals 60% of Americans retire earlier than planned. Barry stresses the importance of having an all-weather retirement plan to navigate financial challenges. He explains how early retirement shortens the time for savings to grow and can significantly affect Social Security benefits, with a potential 30% reduction if claimed at age 62.

Barry also shares key tax strategies—such as tax credits and Roth conversions—to help retirees minimize tax burdens. He advises consolidating multiple retirement accounts for better management and offers free retirement income analyses to listeners. Additionally, he touches on the benefits of moving abroad and strategies to protect wealth from high taxes.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Click the link to listen now: https://pod.link/1737485633

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 040. Headlines & Mailbag Questions -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

Barry Watts and Ralph Hipp explore practical retirement resolutions on Watts on Wealth Radio. From planning for longevity and healthcare costs to managing market risks and future taxes, Barry emphasizes the importance of protected principal investments and strategic Roth conversions. They also discuss the potential impact of cryptocurrency policies, urging caution with speculative assets.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Click the link to listen now: https://pod.link/1737485633

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 039. Four Retirement Unknowns -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

In this episode of Watts on Wealth Radio, Ralph Hibbs and Barry Watts explore the challenges of discussing finances with family, especially during retirement. Barry shares personal insights on teaching financial planning to his children and outlines a six-step financial education plan, including saving 20% and leveraging 401(k)s. He emphasizes the importance of building a strong financial foundation through diversification, FDIC-insured notes, and dividend-paying stocks. Barry introduces the 40-40-20 portfolio allocation strategy and stresses the need for open communication and proactive planning to create a secure financial future for retirement.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Click the link to listen now: https://pod.link/1737485633

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 038. Building Your Financial House -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

In this episode of Watts on Wealth Radio, Barry Watts and Ralph Hibbs discuss the importance of year-end financial planning and tax strategies. They reflect on the Y2K event and celebrate Dick Van Dyke's 99th birthday. Barry highlights key considerations for year-end reviews, such as investment performance, healthcare costs, and tax planning, while emphasizing the benefits of Roth conversions and strategic tax management. The conversation also covers retirement planning, Social Security, and college funding, with a focus on risk management and prioritizing personal financial security. Tune in for practical tips to close the year with a strong financial foundation.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Click the link to listen now: https://pod.link/1737485633

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 037. Plan Ahead for Taxes -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

In this episode of Watts on Wealth Radio, Barry Watts and Ralph Hip delve into the impact of taxes on retirement savings and the importance of understanding tax structures. Barry highlights the history of taxation, from the introduction of income tax in 1913 to today’s inheritance limit. He explains ordinary income tax versus capital gains tax, offering insights into tax-efficient strategies. The discussion also includes Medicare enrollment, which ends December 7, along with the importance of long-term care planning. Barry explores the benefits of health savings accounts (HSAs) and life insurance retirement plans (LIRPs) to help secure a stable financial future.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 036. Medicare -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts

In this episode of Watts on Wealth Radio, Barry Watts and Ralph Hip explore the financial challenges younger Americans face in retirement planning. With a CNBC survey showing 82% of young Americans believe retirement is harder to achieve than it was for their parents, Barry emphasizes the importance of strategic tax planning and professional guidance. He highlights the impact of student loan debt on savings and the value of diversifying tax buckets with tools like Roth conversions. Barry also offers a free book and consultations to help listeners take control of their retirement journey.

Get Watts On Wealth the Book: https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM

- 035. Taxes in Retirement -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

#TruthAboutTaxesAndRetirement #WealthCareCorporation #SavingYouTaxes #Springfield #MO #Missouri #Retirement #RetirementStrategy #tax #taxes #WealthCareCorp #WattsOnWealth #watts #barrywatts