In this episode of Watts on Wealth Radio, Ralph Hibbs and Barry Watts explore the challenges of discussing finances with family, especially during retirement. Barry shares personal insights on teaching financial planning to his children and outlines a six-step financial education plan, including saving 20% and leveraging 401(k)s. He emphasizes the importance of building a strong financial foundation through diversification, FDIC-insured notes, and dividend-paying stocks. Barry introduces the 40-40-20 portfolio allocation strategy and stresses the need for open communication and proactive planning to create a secure financial future for retirement.
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Click the link to listen now: https://pod.link/1737485633
Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM
- 038. Building Your Financial House -
“Thank you for Listening” - J. Barry Watts
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