Barry Watts and Matt Dean discuss the "big, beautiful Bill" tax legislation signed by President Trump. The bill maintains current tax brackets (10% to 37%) and a 21% corporate tax rate. It extends tax cuts permanently, although long-term tax rates may rise due to debt. The bill also preserves the qualified business income deduction for small businesses and capital gains rates. It allows a $10,000 deduction for new American-made car purchases and increases the estate tax exemption to $15 million per person, indexed to inflation. Trusts are recommended for estate planning, especially in second marriages or to protect assets from in-laws.

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

- 051. Diving into the One Big Beautiful Bill -

“Thank you for Listening” - J. Barry Watts

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Barry Watts and Ralph Hipp discuss retirement planning amidst economic challenges. Barry highlights the importance of comprehensive retirement planning, including income, tax strategy, and long-term care. Matt Dean, a retirement advisor, emphasizes the need for a detailed retirement income plan to ensure financial stability. They address the retirement crisis women face due to wage gaps and caregiving responsibilities. Barry advises business owners to plan exits strategically to maximize business value. The show also covers the benefits of annuities and the importance of working with experienced financial professionals.

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

- 050. Navigating 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

Barry Watts shares insights from his book Watts on Wealth, focusing on tax-smart retirement strategies and protecting your principal while still capturing market growth. He introduces the “cardboard box index” as a real-world economic signal and emphasizes the value of early financial education and planning for income that lasts to age 100. Barry also reflects on lessons from a Chicago financial summit and timeless advice from Warren Buffett on career focus and learning to say no.

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

- 049. Credit Ratings-

“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 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

Barry Watts and Ralph Hipp break down the potential renewal of the 2017 Tax Cuts and Jobs Act and what it means for your retirement. Barry stresses the importance of proactive tax planning, from Roth conversions to tax-efficient withdrawals. He also warns about potential tax hikes and the role of Congress in shaping future policy. Don’t wait—stay informed and prepare your retirement strategy today!

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

- 045. Preserving Your Retirement from Taxes -

“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 dive into the financial challenges and opportunities ahead, from inflation’s impact on CDs to potential interest rate cuts. They emphasize the need for diversification, tax planning, and long-term care strategies. Barry shares his six-step retirement confidence approach and warns against common financial pitfalls. Stay informed and proactive in securing your financial future!

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

- 044. Reasons to Fire Your Advisor -

“Thank you for Listening” - J. Barry Watts

#JBarryWatts #RetirementPlanning #inflation

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