Are you truly wealthy or working wealthy? What’s the difference between the two? For moderately wealthy people who don’t believe they have any tax strategy opportunities, this episode is for you. In this episode, J Barry Watts introduces a tax strategy and draws the line between the truly-wealthy and the working-wealthy. Barry also emphasizes the … Continue reading 31. How the TRULY-WEALTHY & the WORKING-WEALTHY DIFFER: Family Endowment Plans →

Have you ever considered opening a trust for your family? Legacy trusts can ensure your family’s legacy for generations to come. In this episode, J Barry Watts discusses trusts and how valuable they can be to your family. Barry simplifies and answers questions you may have regarding trusts. Barry shares why people don’t have trusts, … Continue reading 30. Strengthening Your Family Through Legacy Trusts →

How do you figure out the required minimum distributions (RMD) on your retirement accounts? What are the taxes? Can you reduce or eliminate the taxes? In this episode, J Barry Watts and Eric Burlison look at four ways you can reduce or eliminate the taxes owed on your RMDs. Barry and Eric remind listeners of … Continue reading 29. Reducing Taxes on Your IRA or 401(K) Required Minimum Distributions →

Estate planning can be complicated and may involve some uncomfortable conversations with family members and loved ones, albeit necessary. You want to be sure that your estate is going to the right people in the right order. In this episode, Barry Watts uncovers the mystery of estate planning. Barry looks at multiple legal mechanisms used … Continue reading 28. Taking The Mystery Out of Estate Planning →

Historically, many Americans have planned to rely on Social Security to get them through retirement. But what happens if Social Security isn’t enough to help you secure the retirement you want and know you deserve? In this episode, J. Barry Watts discusses some of those tough questions about Social Security, and helps you to understand … Continue reading 27. Everything You Ever Wanted to Know About Social Security But Were Too Afraid to Ask →

Not managing your sequence of returns risk properly could damage your retirement. In this episode, J Barry Watts helps you understand how to protect yourself and your retirement from this type of investing risk. He helps you understand what a sequence of returns is, how it can hurt your retirement, and how to manage the … Continue reading 26. Don’t Let This Devastate Your Retirement →

Do you know which fees you pay on your investment account? How much are they? And if you don’t know, shouldn’t you? How can you find out what these fees are and where they come from? In this episode, J Barry Watts and Eric Burlison provide you with all the information you need to better … Continue reading 25. Understanding the Investment Fees You Pay →

We know that risk is always involved in investing—in fact, we know that past performance cannot guarantee future results.  However, there are tools and strategies that exist that can help you protect your investments and your retirement from risk. In this episode, J Barry Watts speaks about tools that you are able to take advantage … Continue reading 24. How to Protect Your Investments and Retirement from Risk →

Every single person is unique, and with that, comes a unique level of risk tolerance within their portfolio.  In this episode, J Barry Watts and Eric Burlison discuss risk and volatility as it pertains to your portfolio, and how you can understand what your own personal risk tolerance is. Barry and Eric use examples of … Continue reading 23. How Risk Impacts Your Retirement →

When it comes to retirement, there are a lot of questions that you should be asking yourself to prepare. However, there is one very important question that people don’t always take the time to think about.  In this episode, Barry Watts speaks about what questions you should be asking yourself as you plan for your … Continue reading Episode 22 – Your Biggest Retirement Question →