Estate Planning: Your Family's Safety Net with JAG Officer Melissa Huntley-Bosco

Estate Planning: Your Family's Safety Net with JAG Officer Melissa Huntley-Bosco

In this episode of "GenWLTH Podcast", estate planning attorney and JAG officer Melissa Huntley-Bosco joins Judy to demystify estate planning for families of all backgrounds. Melissa shares her journey from military service to law, explains the differences between wills and trusts, and stresses the importance of planning regardless of wealth. The conversation covers probate realities, powers of attorney, healthcare directives, and common misconceptions. Melissa offers practical advice, emphasizing organization and communication, and encourages listeners to start estate planning early to protect their loved ones and legacies. Key Topics & Timestamps Melissa's Background & Military Service (00:03:22) Melissa discusses her Army career, transition to law, and starting her estate planning practice. Family & Upcoming Deployment (00:05:00) Melissa shares about her family and her upcoming deployment to Iraq. Why Estate Planning? (00:05:51) Melissa explains her passion for estate planning and helping families plan ahead. Estate Planning is for Everyone (00:07:08) Dispelling the myth that estate planning is only for the wealthy; importance for all families. Estate Planning Questionnaires & Tax Exemptions (00:12:08) How questionnaires prompt important questions about taxes and assets. Probate, Trusts, and Asset Titling (00:13:23) Explaining probate, tangible property lists, and ways to avoid probate. Will vs. Trust Explained (00:15:01) Differences between wills and trusts, and the importance of funding a trust. Transfer on Death Deeds & Mortgages (00:18:10) How to transfer real estate with or without a mortgage upon death. Life Insurance & Trusts (00:19:36) How life insurance can be integrated into estate plans and trusts. Beneficiaries & Legal Ownership (00:20:18) Risks of relying on beneficiaries to follow wishes; legal implications. Consequences of No Estate Plan (00:21:14) Stories of families without estate plans and the challenges of intestacy. Powers of Attorney & Advance Directives (00:28:41) Importance of powers of attorney, healthcare directives, and HIPAA releases. Living Will vs. Healthcare Directive (00:32:10) Difference between a living will and an advance healthcare directive. Best Age to Start Estate Planning (00:35:12) Start estate planning when you have dependents or significant assets. Don't Delay Estate Planning (00:35:54) Encouragement to act now and not fear the process or professionals. Military Community & Closing Remarks (00:36:49) Acknowledgment of the military community and gratitude for Melissa's service. Powerful Quotes from the Episode: Melissa, "I've always been a better planner than a reactor." Melissa, "I love that feeling when a client walks in and says, 'I'm really scared,' and they walk out and say, 'I feel better.'" Melissa, "Usually a death in their own family is a huge motivator. That's a wake-up call for them to say, 'Oh, I need to do something.'" Melissa, "Money does funny things to people." Melissa, "We all think we're going to live forever." Resources Connect With Me: * WEBSITE: https://sixthandking.com/ [https://sixthandking.com/] * FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple [https://podcasts.apple.com/us/podcast/genwlth-with-judy-robbins/id1810165617] Podcasts and Spotify [https://open.spotify.com/show/3RoHl1woeTjyCCLrsvJxW2?si=52b18a57f09b477c] * CONNECT WITH JUDY: Facebook [https://www.facebook.com/share/16MUj8z6Da/?mibextid=wwXIfr], Instagram [https://www.instagram.com/judyhrobbins?igsh=MWVuN3Q2OWpqdmhhdA==], LinkedIn [https://www.linkedin.com/in/judy-robbins-8048963?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app] * Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king [https://calendly.com/judy-sixth-and-king] Podcast Produced and edited by the team at ResilientVoiceMedia.com [https://resilientvoicemedia.com/] Contact us for expert podcast production and support

Building Wealth with Heart: The Mission of Five Rings Financial with Angie Gauthier

In this episode of the "GenWLTH Podcast", host Judy Robins interviews her longtime friend, mentor, and business partner Angie Gauthier of Five Rings Financial. Angie shares how personal loss inspired her to help families secure their financial futures. Together, they discuss the supportive culture at Five Rings, the importance of financial education for middle America, and practical strategies like living benefits, indexed annuities, and the Million Dollar Baby program. The episode highlights their mission to empower others, grow their team, and make a meaningful impact by teaching financial protection and generational wealth-building. Angie's Journey to Five Rings Financial (00:04:25) Angie recounts her corporate background, initial industry experience, and how a friend's illness led her to Five Rings. Joining Five Rings and Early Impressions (00:10:37) Angie describes joining Five Rings, the supportive environment, and her sense of purpose. Advice for Career Changers (00:16:09) Angie explains how people from all backgrounds can succeed in financial services with the right mindset. Five Rings Financial's Mission and Core Values (00:19:27) Overview of the company's mission and the five core values: purpose, courage, character, energy, and love. Educational Workshops and Wealth Concepts (00:22:02) Description of workshops like Wine Women & Wealth and Money 101, and the financial concepts taught. Million Dollar Baby Program (00:23:31) Explanation of the Million Dollar Baby concept for children's financial security and growth. Retirement Solutions for Older Clients (00:25:54) Discussion of indexed annuities and safe retirement strategies for those nearing retirement. How to Get Involved with Five Rings (00:33:18) Invitation for listeners to "test drive" the company through events and overviews. Importance of Edification and Respect in Field Training (00:38:41) How edifying field trainers increases client trust and success rates for new agents. Closing Reflections and Encouragement (00:40:15) Angie shares a pivotal moment and encourages listeners to embrace change for a meaningful career. Powerful Quotes from the Episode: Angie, 'When you have the ability to potentially save somebody's financial future because she died with no financial dignity, it changes everything.' Angie Gokey, 'If you have the ambition, if you're coachable, and if you care about people, you absolutely can do this business.' Angie, 'Helping you get to where you are has been one of the greatest blessings in my career at Five Rings Financial, and I just want to help more people do that.' Angie, 'If you want to change something in your life, you're probably going to have to change something in your life.' Judy Robbins, 'We want to leave impact. We want to have something with purpose that makes us want to jump out of bed in the morning.' Resources * WEBSITE: https://sixthandking.com/ [https://sixthandking.com/] * FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple [https://podcasts.apple.com/us/podcast/genwlth-with-judy-robbins/id1810165617] Podcasts and Spotify [https://open.spotify.com/show/3RoHl1woeTjyCCLrsvJxW2?si=52b18a57f09b477c] * CONNECT WITH JUDY: Facebook [https://www.facebook.com/share/16MUj8z6Da/?mibextid=wwXIfr], Instagram [https://www.instagram.com/judyhrobbins?igsh=MWVuN3Q2OWpqdmhhdA==], LinkedIn [https://www.linkedin.com/in/judy-robbins-8048963?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app] * Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king [https://calendly.com/judy-sixth-and-king] Podcast Produced and edited by the team at ResilientVoiceMedia.com [https://resilientvoicemedia.com/] Contact us for expert podcast production and support.

Beyond the Pension: Building Financial Freedom After Government Service with Rita Stewart

In this episode of the GenWLTH Podcast, host Judy Robins welcomes financial expert Rita Taylor Stewart, National Vice President with Five Rings Financial, to discuss smart retirement planning strategies for federal employees, government contractors, and military personnel. Rita shares her remarkable career journey—from the founding team at Capital One to two decades in banking, followed by over a decade in ministry and nonprofit leadership. Now, as CEO of Legacy Financial Wellness and co-founder of Centric Vision Consulting, she blends her professional and ministry experience to empower clients to make informed financial decisions. Throughout this episode, Rita and Judy explore practical tools for navigating economic uncertainty, understanding key retirement milestones, and leveraging strategies like the "100% Rule" and bucket allocation system for financial stability and growth. Rita also draws from her work with professionals at the Pentagon, FBI, and CIA, offering unique insight into the retirement needs of those in government service. Listeners will walk away with actionable steps for safeguarding their financial future, exploring alternative investment options, and building a lasting legacy beyond traditional benefits. Rita's Career Journey and Experience (00:03:40) Rita shares her background in banking, ministry, and financial education for federal employees and contractors. Focus of the Episode: Early Retirement (00:04:57) Judy sets the episode's focus on early retirement for federal employees, government contractors, and military personnel. Key Questions for Federal Employees (00:07:12) Judy asks why federal employees should review their finances now; Rita explains the importance of understanding available options. Case Study: Double Retirement Strategy (00:17:23) Rita shares a client story about creating multiple pensions and securing retirement income without tax penalties. The Third Alternative: Index Accounts (00:20:46) Judy and Rita discuss the benefits of index accounts—combining safety and market growth without downside risk. Lessons from the 2008 Financial Crisis (00:21:35) Reflection on the 2008 crisis, emphasizing the need for safer, more informed retirement planning. The 100% Rule and Bucket Strategy (00:25:19) Rita introduces the "100% rule" for asset allocation using green, red, and blue buckets for liquidity, stability, and growth. Powerful Quotes from the Episode: Judy, "I was left to pick up the pieces, and through that journey, I realized how critical it is to have a financial plan in place." Rita, "Sometimes it was intimidating to actually go into some of those halls to speak on those subject matters." Rita, "There is a lot of uncertainty right now, and no one wants to experience 2008 or 2009 again. I know I certainly do not." Rita, "There is nothing more freeing and more liberating than to know where you stand as it relates to your money." Resources * WEBSITE: https://sixthandking.com/ [https://sixthandking.com/] * FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple [https://podcasts.apple.com/us/podcast/genwlth-with-judy-robbins/id1810165617] Podcasts and Spotify [https://open.spotify.com/show/3RoHl1woeTjyCCLrsvJxW2?si=52b18a57f09b477c] * CONNECT WITH JUDY: Facebook [https://www.facebook.com/share/16MUj8z6Da/?mibextid=wwXIfr], Instagram [https://www.instagram.com/judyhrobbins?igsh=MWVuN3Q2OWpqdmhhdA==], LinkedIn [https://www.linkedin.com/in/judy-robbins-8048963?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app] * Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king [https://calendly.com/judy-sixth-and-king] Podcast Produced and edited by the team at ResilientVoiceMedia.com. [https://resilientvoicemedia.com/] Contact us for expert podcast production and support.

Conquering Fear & Building Wealth After Service — Dee Meyers

In this episode of the "GenWLTH Podcast," host Judy Robins interviews Dee Meyers, a U.S. Army veteran and financial educator. Dee shares her journey from military intelligence and federal service to empowering others through financial education. The discussion highlights the lack of financial literacy training in the military, common pitfalls with retirement plans like the TSP, and the importance of understanding investment options. Dee emphasizes overcoming fear and shame around money, and introduces educational events to help individuals—especially women—gain financial confidence and security. The episode encourages listeners to take charge of their financial futures. Dee's Military Career (00:04:01) Dee describes her 22-year Army career, roles in military intelligence, and experience as a drill sergeant. Transition to Teaching and Retirement (00:05:34) Dee discusses her love for teaching, advice received before retirement, and her first job with the FBI. Commuting and Work Environment at the Pentagon (00:10:12) Dee shares her long daily commute and the importance of a supportive work environment. Financial Education in the Military (00:11:04) Dee reveals the lack of financial education during her military and federal service. Early Financial Experiences and Industry Critique (00:12:30) Dee recounts her first experiences with financial services companies and the lack of real education. Federal Employees' Retirement Concerns (00:19:51) Dee addresses concerns among federal employees about layoffs and understanding their retirement plans. Understanding TSP and Fund Options (00:20:30) Dee explains the Thrift Savings Plan (TSP), its funds, and common misunderstandings. Lifecycle Funds and Investment Choices (00:23:28) Dee details lifecycle funds, their structure, and potential pitfalls. Upcoming Early Retirement and Fiscal Year Changes (00:26:31) Dee talks about the significance of September 30th for early retirees and government shutdown concerns. Clients' Fears and the Importance of Education (00:28:50) Dee describes clients' anxieties about market drops and the need for clear financial education. Closing Remarks and Dee's Specialization (00:36:04) Dee summarizes her focus on safety, guarantees, and peace of mind; Judy wraps up the episode. Powerful Quotes from the Episode: Dee Meyers, 'I love to teach. I love to train, and that's what I pursued.' Dee Meyers, 'Over 90% of my clients who are federal employees or military have said, "I wish I had met you sooner. I wish someone had sat me down and taught me about money the way you've taught me."' Dee Meyers, 'Fear of the unknown—they don't know what's going to happen and they don't understand.' Resources * WEBSITE: https://sixthandking.com/ [https://sixthandking.com/] * FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple [https://podcasts.apple.com/us/podcast/genwlth-with-judy-robbins/id1810165617] Podcasts and Spotify [https://open.spotify.com/show/3RoHl1woeTjyCCLrsvJxW2?si=52b18a57f09b477c] * CONNECT WITH JUDY: Facebook [https://www.facebook.com/share/16MUj8z6Da/?mibextid=wwXIfr], Instagram [https://www.instagram.com/judyhrobbins?igsh=MWVuN3Q2OWpqdmhhdA==], LinkedIn [https://www.linkedin.com/in/judy-robbins-8048963?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app] * Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king [https://calendly.com/judy-sixth-and-king] Podcast Produced and edited by the team at ResilientVoiceMedia.com [https://resilientvoicemedia.com/] Contact us for expert podcast production and support.

Minisode: Unlocking Wealth - How IUL Insurance Can Make You Your Own Bank

In this episode of the "GenWLTH Podcast," host Judy Robbins shares her personal journey through financial hardship and introduces the show's mission to empower families with practical financial planning advice. Judy explains the benefits of Indexed Universal Life (IUL) insurance, especially for children and young adults, highlighting its tax-free growth, flexibility, and long-term value. Listeners learn how starting an IUL early can help build wealth, fund major life expenses, and supplement retirement income. Judy encourages listeners to subscribe, review, and connect for more financial tips and resources. Introduction to Indexed Universal Life (IUL) Insurance (00:02:13)Guest introduces IUL insurance, emphasizing its benefits for children and young adults. How to Start and Fund an IUL Policy (00:02:25)Explanation of starting an IUL for a child, funding amounts, and long-term contribution strategy. Long-Term Growth and Retirement Benefits (00:03:29)Discussion of cash accumulation, projected retirement value, and comparison to Roth IRA. Using IUL for Life Events (00:04:00)Examples of borrowing from the policy for college, business, or home purchase; becoming your own bank. Loan Repayment and Policy Advantages (00:04:40)Details on loan repayment, interest rates, and comparison to high-yield savings accounts. Indexed Feature and Cash Accumulation Timeline (00:05:55)Explanation of the indexed feature, zero floor, insurance costs, and cash value growth after ten years. IUL as a Supplement to Traditional Retirement Accounts (00:07:11)Advice on using IUL alongside 401(k)s and IRAs, emphasizing tax-free growth. Powerful Quotes from the Episode: "I was left to pick up the pieces, and through that journey, I realized how critical it is to have a financial plan in place." "That's why I'm on a mission to ensure that no family has to experience what I did." Resources * WEBSITE: https://sixthandking.com/ [https://sixthandking.com/] * FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple [https://podcasts.apple.com/us/podcast/genwlth-with-judy-robbins/id1810165617] Podcasts and Spotify [https://open.spotify.com/show/3RoHl1woeTjyCCLrsvJxW2?si=52b18a57f09b477c] * CONNECT WITH JUDY: Facebook [https://www.facebook.com/share/16MUj8z6Da/?mibextid=wwXIfr], Instagram [https://www.instagram.com/judyhrobbins?igsh=MWVuN3Q2OWpqdmhhdA==], LinkedIn [https://www.linkedin.com/in/judy-robbins-8048963?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app] * Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king [https://calendly.com/judy-sixth-and-king] Podcast Produced and edited by the team at ResilientVoiceMedia.com [https://resilientvoicemedia.com/] Contact us for expert podcast production and support.