Monthly Archives: January 2022

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36. The Five Habits of Highly Effective Advisors to Retirees



Have you ever wondered exactly what a good financial advisor is supposed to do for you? There are five habits of highly effective advisors to retirees, and if your advisor is not doing these things for you, it might be time to consider a change?

In this episode, J Barry Watts teaches you about the five habits of highly effective advisors to retirees. Barry explains each habit and what it would look like coming from an effective advisor.

Barry discusses:

  • Why you should know how much money you need every year in retirement
  • Making your money work for you 
  • Why highly effective advisors should be addressing inflation
  • How to say goodbye to your advisor
  • And more

Connect With Barry Watts:


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35. New Taxes Threaten Your Retirement



There’s a lot of talk in Washington about potential new taxes, but what impact will those changes in tax law have on you personally?

In this episode, J Barry Watts unpacks the impact proposed tax law changes may have on you in before or in retirement. Barry covers some of the proposals in President Biden’s Build Back Better agenda. He explains how legislative risk can evolve over time to greatly impact your retirement. Finally, Barry explains LIRPs, little known and under-utilized strategies to reduce retirement income taxes and why you should have one if you do not already.

Barry discusses:

  • Proposed spending in Build Back Better and how it will affect wealthy taxpayers
  • The proposal that would prohibit you from converting your taxable IRA over to a Roth
  • Legislative risk for business owners
  • Why we should start thinking about retirement savings vehicles that are subject to legislative risk
  • And more

Resources:

  1. How to Have More Tax Free Income in Retirement

Connect With Barry Watts: