The Truth About Taxes and Retirement J. Barry Watts
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- Education
Welcome to The Truth About Taxes & Retirement Podcast with J. Barry Watts from SavingYouTaxes.com. In this podcast, Barry puts four decades of experience as a Tax Strategist and Retirement Designer to work in helping business owners find ways to reduce income taxes immediately and helping people approaching retirement reduce or eliminate the taxes they will pay on their retirement income---sometimes achieving the zero percent tax bracket
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The Difference Between Death Insurance vs Life Insurance (Ep. 66)
Do you have insurance to secure your family’s financial future? If yes, when was the last time you reviewed your policy?
It’s Life Insurance Awareness Month! Let’s look at how insurance plays a crucial role in your overall retirement plan.
In this episode, J. Barry Watts delves into the intricacies of life insurance and the difference between death insurance and life insurance.
Barry discusses:
Temporary vs. permanent insurance (how to know what’s right for you)
Ways life insurance can create tax-free income
How to use your death benefit while you're living (Accelerated Death Benefit)
A peak into Barry’s personal life insurance policy, including monthly payments and death benefit
And more
Connect With Barry Watts:
Schedule an Introductory Call
PriorityCare@WealthCareCorp.com
(417) 882-1726
WealthCareCORP.com
LinkedIn: J Barry Watts
LinkedIn: WealthCareCorporation
Twitter:@jbarrywatts -
Don’t Miss this Opportunity to Pay Less in Taxes (Ep. 65)
The U.S. national debt has reached $32 trillion!
There is only one way to pay off this massive debt — by raising taxes. In fact, tax rates will likely see a sharp rise on January 1st, 2026.
In this episode, J. Barry Watts explains how you can tackle the rising tax problem with an effective strategy that many people overlook.
Barry discusses:
Eye-opening statistics that point to higher tax rates in the future
A major tax issue with IRAs and 401(k)s
Actionable ideas to protect yourself from the rising tax problem
Two ways to achieve tax-free growth on your retirement savings
And more
Resources:
Free Retirement Toolkit
Connect With Barry Watts:
Schedule an Introductory Call
PriorityCare@WealthCareCorp.com
(417) 882-1726
WealthCareCORP.com
LinkedIn: J Barry Watts
LinkedIn: WealthCareCorporation
Twitter:@jbarrywatts -
Paying Less Taxes Now & In Retirement (Ep. 64)
What do you think is your number one expense in retirement? (Hint: It’s not healthcare.)
If you said taxes, you guessed it right! Healthcare costs pale in comparison to what you pay in taxes during retirement.
In this episode, J. Barry Watts helps you understand strategic tax planning, how it differs from tax compliance, and how the right team of experts can make it incredibly simple for you — so you can pay less taxes now and in retirement.
Barry discusses:
Four signs to determine if your tax professional is working for you or the IRS
The difference between tax strategists and CPAs (expertise and approach to tax planning)
Why you should NOT be afraid of audits
How to know if a tax strategy is legitimate
And more
Connect With Barry Watts:
Schedule an Introductory Call
PriorityCare@WealthCareCorp.com
(417) 882-1726
WealthCareCORP.com
LinkedIn: J Barry Watts
LinkedIn: WealthCareCorporation
Twitter:@jbarrywatts -
Untangling the Retirement Rat’s Nest (Ep. 63)
Have you ever seen a rat’s nest? It is tangled, messy, and unorganized.
Your retirement can end up looking just like a rat’s nest if you don’t plan properly! Your Social Security, pension, taxes, Medicare…everything entangled into a chaotic mess.
In this episode, J. Barry Watts shares a six-step process to untangle the retirement rat’s nest, so you can retire with clarity and confidence.
Barry discusses:
Why financial planning is a lot more than just “managing money”
How to build a tax-efficient income that lasts until you’re 100 years old
Planning for healthcare and long-term care
How to leave behind a lasting legacy that extends beyond material possessions
And more
Connect With Barry Watts:
Schedule an Introductory Call
PriorityCare@WealthCareCorp.com
(417) 882-1726
WealthCareCORP.com
LinkedIn: J Barry Watts
LinkedIn: WealthCareCorporation
Twitter:@jbarrywatts -
Demystifying Medicare (Ep. 62)
Are you struggling to navigate Medicare?
You’re not alone. The complex web of rules, acronyms, and jargon involved in this enigmatic government program leaves many scratching their heads!
In this episode, J. Barry Watts demystifies Medicare and helps you make informed decisions for choosing the right plan and meeting your healthcare needs cost-effectively.
Barry discusses:
The different types of Medicare plans (Parts A, B, C and D)
How to pay for expenses that are NOT covered by Medicare
Medicare Supplement vs. Medicare Advantage plans (how to know what’s right for you)
When and how you can enroll for Medicare
And more
Connect With Barry Watts:
Schedule an Introductory Call
PriorityCare@WealthCareCorp.com
(417) 882-1726
WealthCareCORP.com
LinkedIn: J Barry Watts
LinkedIn: WealthCareCorporation
Twitter:@jbarrywatts -
The Three Don’ts: Don’t Run Out of Money (Ep. 61)
You can’t afford to run out of money in retirement!
When you've quit your job and stopped receiving a paycheck, you must protect your nest egg for the rest of your life.
In this part three of a three-part series called The Three Don’ts of Retirement, J. Barry Watts shares how to build a retirement income plan and avoid running out of money.
Barry discusses:
How to build an income plan around your Sit-On-The-Porch number
How people might accidentally run out of money in retirement
Three key factors that drive your retirement income (regardless of what the stock market does)
And more
Resources:
The Three Don’ts: Burden Your Family (Ep. 59)
The Three Don’ts: Overpay Your Taxes (Ep. 60)
Connect With Barry Watts:
Schedule an Introductory Call
PriorityCare@WealthCareCorp.com
800-278-1755
WealthCareCORP.com
LinkedIn: J Barry Watts
LinkedIn: WealthCareCorporation
Twitter:@jbarrywatts