Barry Watts discussed various retirement planning and wealth management strategies, emphasizing the importance of protecting principal, preserving wealth, and considering taxes and investment losses. He highlighted the need for a tax-efficient retirement plan and the potential consequences of not being prepared for future tax increases. Barry also stressed the importance of conducting a mid-year financial checkup, understanding 401k contributions and employer matches, and having a comprehensive retirement plan with a five-star rating. This plan should include a reliable income strategy, tax reduction strategy, investment strategy to protect principal, plan to address healthcare, and an estate planning strategy.
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Website: https://wealthcarecorp.com/
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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
- 020. Creating a 5-Star Retirement Plan -
“Thank you for Listening” - J. Barry Watts
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