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あらすじ・解説
In this episode of Watts on Wealth Radio, Barry Watts examines the significant impact of taxes on retirement, underscoring the necessity of comprehensive tax planning. He discusses the anticipated $90 trillion wealth transfer to the millennial generation, urging them to prepare for this financial influx. Barry also addresses the recent bankruptcy of Yellow Freight, which has $6.5 billion in pension obligations, advising affected employees to consider lump-sum cash buyouts. He outlines the three stages of retirement—go-go, slow-go, and no-go years—and emphasizes the importance of long-term care planning and effective estate management. Barry encourages regular reviews of retirement plans to ensure they remain relevant and responsive to changing financial landscapes.
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Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM
- 031. Three Stages of Retirement -
“Thank you for Listening” - J. Barry Watts