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

In this episode of Watts on Wealth Radio, Barry Watts and Ralph Hip explore significant upcoming changes to Medicare in 2025, introduced by the Inflation Reduction Act of 2022. Key updates include a $35/month cap on insulin costs, no out-of-pocket costs for recommended vaccines, expanded financial assistance for Part D Extra Help, and a new $2,000 annual out-of-pocket cap for Part D. Barry discusses the importance of understanding these changes and highlights common retirement risks, such as outliving savings and the need for long-term care planning. He encourages listeners to seek expert guidance to secure their retirement amid these evolving complexities.

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

- 034. Medicare & Retirement Risk -

“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 examine the recent interest rate cuts by the Federal Reserve and their effects on retirees and the economy. With rates lowered by half a point to counter recession risks and control inflation, Barry highlights the need for a diversified portfolio with protected principal investments to navigate market fluctuations. He also addresses the potential impact of reduced interest rates on retirees’ income and the possibility of tax increases in 2026 if the 2017 tax cuts expire. Barry advises listeners to prepare by seeking professional financial guidance.

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

- 033. Taking Control of your 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