• 031. Three Stages of Retirement

  • Oct 14 2024
  • Length: 55 mins
  • Podcast

031. Three Stages of Retirement

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  • Summary

  • In this episode of Watts on Wealth Radio, Barry Watts examines the significant impact of taxes on retirement, underscoring the necessity of comprehensive tax planning. He discusses the anticipated $90 trillion wealth transfer to the millennial generation, urging them to prepare for this financial influx. Barry also addresses the recent bankruptcy of Yellow Freight, which has $6.5 billion in pension obligations, advising affected employees to consider lump-sum cash buyouts. He outlines the three stages of retirement—go-go, slow-go, and no-go years—and emphasizes the importance of long-term care planning and effective estate management. Barry encourages regular reviews of retirement plans to ensure they remain relevant and responsive to changing financial landscapes.

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

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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

    - 031. Three Stages of Retirement -

    “Thank you for Listening” - J. Barry Watts
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