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In this episode of Watts on Wealth Radio, Barry Watts and Ralph Hip examine the recent interest rate cuts by the Federal Reserve and their effects on retirees and the economy. With rates lowered by half a point to counter recession risks and control inflation, Barry highlights the need for a diversified portfolio with protected principal investments to navigate market fluctuations. He also addresses the potential impact of reduced interest rates on retirees’ income and the possibility of tax increases in 2026 if the 2017 tax cuts expire. Barry advises listeners to prepare by seeking professional financial guidance.
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Be sure to listen to Watts on Wealth with Barry Watts every Sunday at 8:30am on Springfield’s Talk 104.1 FM
- 033. Taking Control of your Retirement -
“Thank you for Listening” - J. Barry Watts
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