Barry Watts and Ralph Hipp discuss financial regrets, particularly in retirement, and strategies to avoid them. A survey by Bankrate revealed that 77% of retirees have financial regrets, with 22% regretting not saving early enough and 18% not saving enough for emergencies. Barry emphasizes the importance of planning and education, offering his six steps to retirement confidence. He advises on tax strategies, including converting traditional IRAs to ROTHs while taxes are low, and creating a retirement income plan. Barry also addresses concerns about long-term care, estate planning, and business succession, stressing the need for proactive financial planning.
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Website: https://wealthcarecorp.com/
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YouTube: https://www.youtube.com/@WattsOnWealth
Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM
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