056. Maximizing Retirement Confidence
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Barry Watts, Jeremy Zickefoose and Ralph Hipp discussed retirement strategies on their radio show. They highlighted the new Trump accounts for children born between 2025 and 2028, which will receive $1,000 from the government and allow parents to add $5,000. They also addressed Social Security, noting that Missouri has eliminated capital gains tax and that the average Social Security check is $2,000. Barry emphasized the importance of tax planning, suggesting strategies like donor-advised funds and Roth conversions. They advised having six months' living expenses in cash and stressed the need for a holistic retirement plan to maximize income and minimize taxes.
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- 056. Maximizing Retirement Confidence -
“Thank you for Listening” - J. Barry Watts
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