Barry Watts and Matt Dean dive into essential retirement planning strategies—from managing healthcare costs and understanding Medicare options to safeguarding your principal and staying ahead of inflation. They unpack why two-thirds of bankruptcies are tied to medical expenses and explore the pros and cons of Medicare Advantage vs. supplements. The episode wraps up with timeless insights from Franklin, Berra, and Twain—reminding us that wise planning never goes out of style.

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

- 048. Plan for the Worst, Hope for the Best -

“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 discussed the impact of market volatility on retirees, emphasizing the need for protected income strategies. They highlighted the importance of diversifying portfolios to mitigate risks, suggesting a mix of annuities, bank products, and open market vehicles. Barry stressed the significance of Social Security planning, noting that it could be a crucial part of retirement income. He also advised against waiting out market downturns, advocating for proactive measures like Roth conversions and protected principal strategies. The conversation concluded with a focus on the emotional and financial aspects of retirement, urging listeners to plan thoroughly and seek expert advice.

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

- 047. Protected Income -

“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 discusses strategies for managing market volatility and protecting retirement savings. They emphasize the importance of having a diversified portfolio, including protected principal, to mitigate risks. Barry shares an example of a client who set aside 60% of their money in protected principal, ensuring income for 24 years. They also discuss the impact of tax rates, which could double, and the necessity of Medicare and long-term care planning. Barry advises against going all-in cash and stresses the need for a comprehensive retirement income plan to address potential obstacles and provide financial confidence.

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

- 046. Market Volatility Headlines -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

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