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Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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How to Get to the 0% Tax Bracket (Ep. 49)

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Manage episode 343114744 series 2935354
Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Have you ever compared yourself to your neighbor, your colleague, or that bratty kid you went to high school with? Of course, we all have! Comparison is a natural human response and though not normally a good idea, it can be helpful in giving you a framework to think about your own situation. When you see what other people have done and how it worked out for them, it gives you a reference point to know where you are and how things might turn out for you.

In this episode, J. Barry Watts unpacks a situation he recently encountered with a client, leading you through the situation they were in before doing any planning. He illustrates the steps taken in this process to improve their situation ultimately achieving the zero percent tax bracket when they retire.

Barry discusses:

  • The importance of your advisor consulting you based on your tax return
  • What financial statements you should bring to your advising appointment
  • The reason why he routinely plans his clients retirement to 100 years
  • And more

Resources:

Connect With Barry Watts:

  continue reading

69 episodes

Artwork
iconShare
 
Manage episode 343114744 series 2935354
Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Have you ever compared yourself to your neighbor, your colleague, or that bratty kid you went to high school with? Of course, we all have! Comparison is a natural human response and though not normally a good idea, it can be helpful in giving you a framework to think about your own situation. When you see what other people have done and how it worked out for them, it gives you a reference point to know where you are and how things might turn out for you.

In this episode, J. Barry Watts unpacks a situation he recently encountered with a client, leading you through the situation they were in before doing any planning. He illustrates the steps taken in this process to improve their situation ultimately achieving the zero percent tax bracket when they retire.

Barry discusses:

  • The importance of your advisor consulting you based on your tax return
  • What financial statements you should bring to your advising appointment
  • The reason why he routinely plans his clients retirement to 100 years
  • And more

Resources:

Connect With Barry Watts:

  continue reading

69 episodes

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