What are the 5 things wealthy people do to stay wealthy and what are you doing differently? Jim Fox discusses the steps that you need to follow in your financial plan to setup up a successful financial future. He also talks about how to pay the least amount of taxes legally possible. 

See omnystudio.com/listener for privacy information.

Discover how Barbie, with her incredible 200+ careers, navigates retirement and the challenge of managing multiple 401(k)'s. Join Jim Fox as he shares essential strategies for tracking your retirement plans and enhancing your financial literacy to transform your retirement dreams into reality.

Don't miss an episode of Financial Straight Talk podcast. Follow or subscribe today! Gain even more valuable insights from Jim and his team on Facebook or YourWFG.com.

Ready to learn more about your own personal situtation? Click to take the Riskalyze assessment at no charge.

A lifelong resident of the Space Coast, Jim never dreamed he would be in the financial services industry. After growing up in a loving lower-middle-class family, Jim decided upon graduating from high school to take on the toughest challenge he could. He marched to the Marine Corps recruiter and signed up for the hardest job in the Corps – Infantry.

The leaders around him in the Marine Corps taught him what it means to be a leader. That means saying what you mean and meaning what you say. That means integrity is the most important thing a person can have. Jim grew to believe and grow in these things. After being honorably discharged from the Marine Corps, Jim knew it was time to take on the next tough challenge – college.

See omnystudio.com/listener for privacy information.

What is outdated in your portfolio? How do you even know what needs updating? Jim Fox discusses how often you should review your portfolio to make sure it's customized to match your dreams in retirement. 

See omnystudio.com/listener for privacy information.

Are you doing the same thing financially as Oprah? What about Jay Leno? You may think this sounds crazy, but Jim Fox breaks down financial tips from celebrities to show you how having the right mindset and attitude can strengthen your portfolio for the future. 

See omnystudio.com/listener for privacy information.

Is your pension safe? Is it being funded properly or is underfunded? Do you even know? Jim Fox breaks down the options you have while receiving a pension. He also talks about if you should take a buyout or if you should keep your money where it is located and when you should start taking social security.

See omnystudio.com/listener for privacy information.

Jim Fox breaks down the 6 most common mistakes he sees in most retirement plans. This ranges from not having a plan to making purchases that are not in the best interest of your future. 

See omnystudio.com/listener for privacy information.

Jim Fox discusses Market Guard and how it can take the emotion and guess work out of the planning process for retirement. He also talk's about the importance of knowing your risk tolerance. 

See omnystudio.com/listener for privacy information.

New laws are allowing you to add an annuity into your 401(k), but should you do it? Jim Fox breaks down the pros and cons  and explains what you should do before making this decision. 

See omnystudio.com/listener for privacy information.

Are you taking advantage of the tax code, or is the tax code taking advantage of you? Jim Fox discusses the importance of tax efficiency and breaks down the margarita inflation index. 

See omnystudio.com/listener for privacy information.

What tax bracket will you be in when you reach retirement? Do you even know? Jim Fox discusses the conversions you can make now to effect your future tax bill in retirement. 

See omnystudio.com/listener for privacy information.