Will Doty's guest appearances

Will Doty

The Guided Retirement Show

OwlTail

If you’ve been around  Dean Barber recently and have noticed that he’s smiling even more than usual, we might know the reason why. He just got to talk with Will Doty about his favorite part of the tax code—Roth IRAs—on  The Guided Retirement Show. More specifically, Roth conversions before and after retirement. A lot of people might think that there’s nothing to smile about within the tax code. Well, it’s still easy to feel that way, but former Delaware Senator William Roth did his best to change that in the late 1990s when he created the Roth IRA. Dean says it’s the best part of the tax code because the  money in a Roth IRA becomes tax-free if you follow to rules. Dean and Will are looking forward to elaborating on that in this episode. In this podcast interview, you’ll learn:  The Perks of the Roth IRA Being Tax-Free How to Get Money into a Roth IRA What to Consider When Deciding to Contribute to Roth or Traditional The Roth IRA Five-Year Rule How Medicare Premiums and Claiming Social Security Factor into Roth Conversions Before and After Retirement  START PLANNING To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/84 Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com

If you’ve been around <a href="https://barberfinancialgroup.com/team/dean-barber/" rel="nofollow" target="_blank"> Dean Barber</a> recently and have noticed that he’s smiling even more than usual, we might know the reason why. He just got to talk with <a href="https://barberfinancialgroup.com/team/will-doty/" rel="nofollow" target="_blank">Will Doty</a> about his favorite part of the tax code—Roth IRAs—on <a href="https://barberfinancialgroup.com/podcasts/" rel="nofollow" target="_blank"> The Guided Retirement Show</a>. More specifically, Roth conversions before and after retirement. A lot of people might think that there’s nothing to smile about within the tax code. Well, it’s still easy to feel that way, but former Delaware Senator <a href="https://dehistory.org/collections/about-our-collections/senator-william-v-roth-collection/biography/" rel="noopener nofollow" target="_blank">William Roth</a> did his best to change that in the late 1990s when he created the Roth IRA. Dean says it’s the best part of the tax code because the <a href="https://barberfinancialgroup.com/what-is-tax-diversification/" rel="nofollow" target="_blank"> money in a Roth IRA becomes tax-free</a> if you follow to rules. Dean and Will are looking forward to elaborating on that in this episode. In this podcast interview, you’ll learn: <ul> <li>The Perks of the Roth IRA Being Tax-Free</li> <li>How to Get Money into a Roth IRA</li> <li>What to Consider When Deciding to Contribute to Roth or Traditional</li> <li>The Roth IRA Five-Year Rule</li> <li>How Medicare Premiums and Claiming Social Security Factor into Roth Conversions Before and After Retirement</li> </ul> START PLANNING To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit <a href="http://guidedretirementshow.com/84" rel="noopener nofollow" target="_blank">GuidedRetirementShow.com/84</a> Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting <a href="https://barberfinancialgroup.com/" rel="noopener nofollow" target="_blank">BarberFinancialGroup.com</a>

084: Roth Conversions Before and After Retirement with Will Doty

Acronyms can sometimes make things easier to understand or remember, but there are a few of them that relate to your retirement that are very complex. Two of them are RMDs (Required Minimum Distributions) and the SECURE Act (Setting Every Community Up for Retirement Enhancement). The rules for RMDs have changed due to the SECURE Act, and it's vitally important that you understand them In this episode of The Guided Retirement Show, Will Doty joins me to explain RMDs, tax planning opportunities surrounding RMDs, how RMDs factor in when leaving money behind for the next generation, and so much more.   In this podcast interview, you’ll learn:  How the rules for RMDs changed because of the SECURE Act Why the SECURE Act is secure in name only When to start thinking about RMDs How to plan around taking your RMDs      START PLANNING To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/74   Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com

Acronyms can sometimes make things easier to understand or remember, but there are a few of them that relate to your retirement that are very complex. Two of them are RMDs (Required Minimum Distributions) and the SECURE Act (Setting Every Community Up for Retirement Enhancement). The rules for RMDs have changed due to the SECURE Act, and it's vitally important that you understand them In this episode of The Guided Retirement Show, Will Doty joins me to explain RMDs, tax planning opportunities surrounding RMDs, how RMDs factor in when leaving money behind for the next generation, and so much more. In this podcast interview, you’ll learn: <ul> <li>How the rules for RMDs changed because of the SECURE Act</li> <li>Why the SECURE Act is secure in name only</li> <li>When to start thinking about RMDs</li> <li>How to plan around taking your RMDs</li> </ul> START PLANNING To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit <a href="http://guidedretirementshow.com/74" rel="noopener nofollow" target="_blank">GuidedRetirementShow.com/74</a> Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting <a href="https://barberfinancialgroup.com/" rel="noopener nofollow" target="_blank">BarberFinancialGroup.com</a>

074: Planning for RMDs with Will Doty

Everybody knows that life can be unpredictable, and anything can happen at any time. Out of nowhere, we may lose a loved one, fall ill ourselves, or end up living through a natural disaster–and the last thing you want in these trying moments is to be in financial distress. This is why disaster planning is a critical part of retirement planning. Many people fail to make several necessary arrangements for end-of-life planning before disaster strikes, and it can lead to massive expenses, a conflict that tears families apart, and nasty court battles. Today’s episode is all about how to create a financial first aid kit. You’ll hear from CERTIFIED FINANCIAL PLANNER™ Will Doty about the documents and resources you need to have ready if you’re dealt with a worst-case scenario event. We’ll also talk about why it’s so easy to put these planning decisions off and the simple steps you can take to protect yourself in the short term without becoming a full-on survivalist. In this podcast interview, you’ll learn:  Why disaster planning is critical from a financial perspective. The critical components of a catastrophe plan–and why having just a will is not enough. The importance of having a team to help you settle your estate when you lose a loved one. Why naming a child as a successor trustee can be a double-edged sword. How Will coaches clients to be better prepared for natural disasters.  Get Today's Show Notes To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/61 Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com

Everybody knows that life can be unpredictable, and anything can happen at any time. Out of nowhere, we may lose a loved one, fall ill ourselves, or end up living through a natural disaster–and the last thing you want in these trying moments is to be in financial distress. This is why disaster planning is a critical part of retirement planning. Many people fail to make several necessary arrangements for end-of-life planning before disaster strikes, and it can lead to massive expenses, a conflict that tears families apart, and nasty court battles. Today’s episode is all about how to create a financial first aid kit. You’ll hear from CERTIFIED FINANCIAL PLANNER™ Will Doty about the documents and resources you need to have ready if you’re dealt with a worst-case scenario event. We’ll also talk about why it’s so easy to put these planning decisions off and the simple steps you can take to protect yourself in the short term without becoming a full-on survivalist. In this podcast interview, you’ll learn: <ul> <li>Why disaster planning is critical from a financial perspective.</li> <li>The critical components of a catastrophe plan–and why having just a will is not enough.</li> <li>The importance of having a team to help you settle your estate when you lose a loved one.</li> <li>Why naming a child as a successor trustee can be a double-edged sword.</li> <li>How Will coaches clients to be better prepared for natural disasters.</li> </ul> Get Today's Show Notes To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit <a href="http://guidedretirementshow.com/61" rel="noopener nofollow" target="_blank">GuidedRetirementShow.com/61</a> Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting <a href="https://barberfinancialgroup.com/" rel="noopener nofollow" target="_blank">BarberFinancialGroup.com</a>

061: Creating a Financial First Aid Kit with Will Doty

Matt Kasper

Bitcoin has become incredibly mainstream. It’s been a hot topic for a while now and it’s mentioned frequently in many investment discussions in the financial planning world.  Everyone sees ads for Bitcoin in their social media feeds with the cute little graphics of coins with Bs on them. There are probably some people out there who also think that there are real, physical Bitcoins they can get, too! So, with that in mind, today’s episode is all about Bitcoin: how it originated, what it really is, and how you can invest in it.  Joining me today to discuss this fascinating topic are Matt Kasper and Will Doty, CERTIFIED FINANCIAL PLANNER® professionals at Barber Financial Group. Without going down too many rabbit holes, this conversation is a top-level introduction to Bitcoin and cryptocurrency–and one you can use to make it a part of your portfolio in a meaningful way. In this podcast interview, you’ll learn:  How Bitcoin was inspired by the financial crash of 2008. What Blockchain technology is and how it can be used to ensure transparency in supply chains and many other use cases. Why the price of Bitcoin is so incredibly volatile. How to minimize your risk of fraud and secure your cryptocurrency investments.   Get Today's Show Notes To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/56 Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com

Bitcoin has become incredibly mainstream. It’s been a hot topic for a while now and it’s mentioned frequently in many investment discussions in the financial planning world.  Everyone sees ads for Bitcoin in their social media feeds with the cute little graphics of coins with Bs on them. There are probably some people out there who also think that there are real, physical Bitcoins they can get, too! So, with that in mind, today’s episode is all about Bitcoin: how it originated, what it really is, and how you can invest in it.  Joining me today to discuss this fascinating topic are Matt Kasper and Will Doty, CERTIFIED FINANCIAL PLANNER® professionals at Barber Financial Group. Without going down too many rabbit holes, this conversation is a top-level introduction to Bitcoin and cryptocurrency–and one you can use to make it a part of your portfolio in a meaningful way. In this podcast interview, you’ll learn: <ul> <li>How Bitcoin was inspired by the financial crash of 2008.</li> <li>What Blockchain technology is and how it can be used to ensure transparency in supply chains and many other use cases.</li> <li>Why the price of Bitcoin is so incredibly volatile.</li> <li>How to minimize your risk of fraud and secure your cryptocurrency investments. </li> </ul> Get Today's Show Notes To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit <a href="http://guidedretirementshow.com/56" rel="noopener nofollow" target="_blank">GuidedRetirementShow.com/56</a> Learn More about Retirement Planning Find out more about retirement planning and Barber Financial Group, by visiting <a href="https://barberfinancialgroup.com/" rel="noopener nofollow" target="_blank">BarberFinancialGroup.com</a>