Episode 079 Bill Walters

In this insightful episode of The One Small Change Podcast, Yvonne McCoy welcomes Bill Walters to explore the intersection of financial planning, caregiving for aging parents, and entrepreneurial life. Bill Walters draws from personal experience to reveal how unexpected responsibilities caring for a parent can impact both business and personal well-being. The discussion dives into practical strategies for building a secure retirement, managing the challenges of the "sandwich generation," creating effective estate plans, and the crucial need for early conversations around care and family finances. Listeners will leave with actionable tips for protecting both their parents’ futures and their own.

Guest Bio:

Bill Walters is a seasoned financial strategist specializing in creating tax-free retirement solutions and helping families triple their savings within a decade. His expertise is rooted in his personal journey, where caring for an aging parent inspired him to help others avoid common pitfalls and emotional stressors associated with late-life transitions. An author of five books, Bill Walters is committed to empowering people with knowledge and practical tools to secure their golden years and achieve true peace of mind.

Chapters:

00:00 "Caring for Aging Parents"

03:45 "Entrepreneurs and Retirement Fund Growth"

08:16 Balancing Caregiving and Survival

09:33 "Discuss Aging Plans Early"

15:02 Estate Planning for Every Family

16:30 "Importance of Logical Support Boundaries"

19:26 "Planning to Avoid Family Burdens"

24:32 "Rock Climbing and Business Insights"

26:02 "Embrace Change, Stay Curious"

Quote from the Guest:

"You have to be organized. You just can't live paycheck to paycheck. One needs a budget, you need a retirement budget."

Link:

Complimentary “Smart Financial Strategies” consultation for families and individuals. A no-obligation session is designed to get to know you and your financial goals. We’ll discuss where you are now, where you want to be, and explore how I can help you achieve your financial objectives. Whether you're planning for retirement, saving for a big life event, or just looking to better understand your financial options, this conversation will give you clarity and a roadmap for the next steps.

https://calendly.com/wjwalters/15-minute-discovery-session