On this episode of Watts on Wealth Radio, financial expert Barry Watts addresses the growing impact of baby boomer retirements, with over 4 million people turning 65 annually through 2027. Barry discusses the strain this aging population places on Social Security and healthcare services, highlighting the importance of retirement planning. He explains how annuities can provide security and guaranteed income, detailing the different types, including immediate, investment, variable, fixed, and fixed indexed annuities. Barry also emphasizes the need for a holistic retirement plan that includes income, tax, long-term care, and estate planning. The show wraps up with practical advice on co-signing college loans and the value of seeking a second opinion in retirement planning.
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Video Reference: What I Learned About Retirement by Falling Off the Boat Dock
Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM
- 029. All About Annuities -
“Thank you for Listening” - J. Barry Watts
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