Podcast
GenWLTH with Judy Robbins
Hosted by Judy Robbins · EN
Welcome to the GenWLTH Podcast with your host, Judy Robbins!
Get ready for real conversations about money, mindset, and what it truly means to build wealth. Judy shares her personal journey from financial devastation to creating a life of purpose, balance, and legacy.
We'll laugh, reflect, and learn together as we redefine generational wealth—because it's not just about money, it's about your whole well-being.
Subscribe now and join a community of women ready to grow, heal, and thrive!
10episodes
Episodes
Newest firstAll episodes
Estate Planning: Your Family's Safety Net with JAG Officer Melissa Huntley-Bosco
Jan 1600:37:55Tap to summarizeIn 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/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support
Transcribe →Building Wealth with Heart: The Mission of Five Rings Financial with Angie Gauthier
Nov 2600:42:59Tap to summarizeIn 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/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →Beyond the Pension: Building Financial Freedom After Government Service with Rita Stewart
Oct 1500:29:16Tap to summarizeIn 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/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com. Contact us for expert podcast production and support.
Transcribe →Conquering Fear & Building Wealth After Service — Dee Meyers
Sep 2400:37:24Tap to summarizeIn 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/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →Minisode: Unlocking Wealth - How IUL Insurance Can Make You Your Own Bank
Sep 300:08:11Tap to summarizeIn 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/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →Living Benefits Life Insurance: Protect Your Health and Wealth Before It's Too Late
Aug 2000:17:19Tap to summarizeIn this episode of the "GenWLTH Podcast", host Judy Robbins shares her personal story of financial hardship and highlights the importance of financial planning. She explains the concept of living benefits life insurance, detailing how it differs from traditional policies by providing access to funds during critical, chronic, or terminal illness. Judy illustrates how these benefits can help cover medical and daily expenses, offering peace of mind and security. The episode concludes with a reminder to review insurance policies and a call to subscribe and share, reinforcing the podcast's mission to empower families to protect their financial futures. Health and Wealth Connection (00:02:18) Discussion on the direct relationship between health and wealth, and the importance of maintaining good health. Traditional vs. Living Benefits Life Insurance (00:04:34) Explanation of traditional life insurance versus living benefits life insurance, and why Judy only recommends the latter. Death Benefit and Tax Implications (00:05:49) Details on how traditional life insurance pays out, and the tax-free nature of death benefits. Critical Illness Rider Explained (00:07:04) Explanation of the critical illness rider, qualifying conditions, and payout scenarios based on severity. Real-Life Stories & Benefits (00:13:11) Sharing real-life examples of clients benefiting from living benefits, including a terminal diagnosis case. Importance of Living Benefits for Financial Security (00:14:26) Emphasis on using living benefits to cover bills and expenses during health crises, rather than relying on death-only policies. Powerful Quotes from the Episode: Judy, 00:00:00, "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." Judy, 00:03:30, "If we had living benefits life insurance, I think it would have been a completely different outcome." Judy, 00:15:39, "It also gives me peace of mind that I know, should anything happen, if I'm diagnosed with something, I am now very well covered and I will have access to money in my life insurance policies." Resources WEBSITE: https://sixthandking.com/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →Minisode: A Safer Way to Grow Your Retirement – Fixed Indexed Annuities
Jul 2300:11:59Tap to summarizeIn this episode of the "GenWLTH Podcast" and "Wealth Tip Wednesday," financial educator Judy Robbins shares her personal journey through financial hardship and explains how it inspired her to help others secure their financial futures. She discusses what to do with retirement accounts when leaving a job and highlights fixed indexed annuities—specifically Zenith Growth—as a safer, growth-oriented alternative to traditional market-based accounts. Judy illustrates the benefits with a real-life success story and encourages listeners to make informed decisions to protect and grow their retirement savings. What to Do With Old Retirement Accounts (00:02:27) Discusses options for old 401(k)s and IRAs after leaving a job, and introduces fixed indexed annuities. Market Risk and Historical Downturns (00:03:38) Reflects on market crashes in 2001 and 2008, and the impact on retirement accounts. Introduction to Rollovers and Fixed Indexed Annuities (00:04:42) Explains rollovers, fixed indexed annuities, and their benefits, including the 0% floor. Features of Zenith Growth Fixed Indexed Annuity (00:06:01) Details the Zenith Growth annuity, its terms, features, and emergency access options. Client Success Story: Comparing Returns (00:07:20) Shares a client's experience comparing returns from a fixed indexed annuity versus a traditional IRA. Benefits and Emotional Impact of Annuities (00:08:30) Discusses the emotional relief and satisfaction clients feel with annuities, and the importance of security. Powerful Quotes from the Episode: Judy Robbins, 00:00:03, 'We lost everything—our savings, our security, our sense of financial stability.' Judy Robbins, 00:00:03, '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.' Judy Robbins, 00:02:27, 'I help my friends, I help my clients, I help even family that has left a position and they don't know what to do with their old retirement accounts.' Judy Robbins, 00:09:33, 'I love security, but I still want to have growth if at all possible. Resources WEBSITE: https://sixthandking.com/ FOLLOW THE PODCAST: GenWLTH with Judy Robbins on Apple Podcasts and Spotify CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Book a Free Consultation with Judy: https://calendly.com/judy-sixth-and-king Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →The Legacy of Love: How Family Shapes Our Financial Outlook
Jul 200:17:53Tap to summarizeIn this episode of the "General" podcast, host Judy Robbins shares her personal journey, highlighting the powerful influence of her mother and brother on her views about wealth, work ethic, and relationships. Through stories of her mother's resilience and her brother's guidance, Judy reflects on the life lessons that shaped her financial philosophy. She emphasizes that true wealth is found in kindness, hard work, and meaningful connections, inviting listeners to value family and community as essential parts of personal and financial growth. Family Background (00:01:18) Judy outlines the episode's topics, emphasizing her mother's influence and the family's philosophy on wealth and abundance. Mother's Role & Early Family Life (00:02:27) Details about Judy's mother as a treasurer, her work ethic, and the family's early struggles after losing Judy's father. Childhood Responsibilities & Early Independence (00:03:37) Judy describes becoming a latchkey kid, handling household chores, and learning responsibility from a young age. Relationship with Brother & Shared Experiences (00:04:59) Judy discusses her close bond with her older brother, their adventures, and his dual role as brother and father figure. Concert Memories & Family Traditions (00:06:07) Recollections of attending concerts with her brother, including her first KISS concert and annual 4th of July celebrations. Early Jobs & Lessons Learned (00:08:18) Judy shares stories about her first jobs, including newspaper delivery and working at a donut shop, and the skills she gained. Babysitting & Family Support (00:10:35) Her experiences babysitting her nieces/nephews, shopping for the family, and the importance of nurturing relationships. College Jobs & Saving for Travel (00:12:50) Judy's college work experiences, including at the State Police and Saks Fifth Avenue, and saving for a study abroad trip. Mother's Teachings on Wealth & Volunteering (00:13:53) Lessons from her mother about hard work, kindness, volunteering, and the true meaning of wealth beyond money. Reflections on Family Values & Discipline (00:15:03) Judy reflects on the lasting impact of her mother and brother's values, discipline, and the importance of time and relationships. Conclusion & Final Thoughts (00:16:21) Judy summarizes her gratitude, the influence of her upbringing, and encourages listeners to subscribe and connect. Podcast Closing (00:17:35) Final reminders to follow, subscribe, and remember that wealth is about legacy, not just money. Quotes "I know firsthand how life can change in an instant. Several years ago, my world was turned upside down when my husband had a life-altering accident. In the blink of an eye, we lost everything—our savings, our security, our sense of financial stability. 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." "Play was the last thing on my mind. It was all about my responsibilities because I saw how hard my mother worked, and I wanted to do my part. I had that responsibility to take care of the home while my mom was working, and my brother was also working." "I also fell in love with books. It was my escape, I think. I didn't really like hanging out with a lot of kids when I was a kid. I preferred to be in the presence of adults and have really interesting conversations with a lot of adults in my life, and books just fell into that as well. It was my way of escaping and really just building my imagination and exploring new places and new characters and a life outside of what I was living." RESOURCES: WEBSITE: https://sixthandking.com/ CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →Protecting Your Loved Ones: The Essential Role of Life Insurance in Financial Planning
Jun 1800:14:21Tap to summarizeIn this episode, financial educator Judy Robbins discusses the importance of life insurance, focusing on living benefits life insurance. She shares personal stories and explains how this innovative coverage allows policyholders to access part of their death benefit during serious illness or injury, providing crucial financial support. Judy highlights the differences between traditional and living benefits life insurance, addresses common misconceptions, and emphasizes the need for proactive financial planning to protect families from unexpected hardships. The episode aims to educate listeners on safeguarding their financial futures through thoughtful insurance choices. Introduction to Living Benefits Life Insurance (00:00:00) Explains living benefits life insurance, qualifying events, and Judy's personal story of financial loss after her husband's accident. Podcast Overview and Mission (00:01:01) Judy introduces the podcast's purpose: financial planning, protection strategies, and empowering families to secure their financial future. How Living Benefits Life Insurance Works (00:02:11) Compares traditional and living benefits life insurance, highlighting the advantages and why it's considered a "new kind." Importance of Adequate Life Insurance Coverage (00:03:21) Discusses why everyone needs life insurance, how to calculate coverage needs, and the importance of insuring children. Living Benefits: Qualifying Events and Riders (00:05:49) Details qualifying events for living benefits, the importance of early coverage, and the three main types of riders. Critical Illness and Critical Injury Rider (00:06:53) Explains the critical illness/injury rider, covered conditions, and how policyholders can access funds during major medical events. Chronic Illness Rider (00:09:16) Describes the chronic illness rider, qualifying conditions, benefit amounts, and how it supplements income during disability. Terminal Illness Rider and Real-Life Story (00:10:26) Covers the terminal illness rider, payout details, and shares a story of a policyholder who used benefits for life-saving treatment. Personal Reflection and Call to Action (00:12:59) Judy reflects on her own experience, emphasizes the importance of living benefits, and encourages listeners to reach out for more information. Closing Remarks and Legacy Message (00:14:05) Wraps up the episode, encourages subscriptions, and reminds listeners that wealth is about legacy, not just money. "I know firsthand how life can change in an instant. Several years ago, my world was turned upside down when my husband had a life-altering accident. In the blink of an eye, we lost everything—our savings, our security, our sense of financial stability." "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." "I wish I had had the living benefits life insurance when John had his accident in 2014. It would have made a huge difference in our life." "He was able to go back to work eventually, and he was able to walk again. But we lost everything in that time period that he wasn't working. We just didn't have enough to pay all the bills." RESOURCES: WEBSITE: https://sixthandking.com/ CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →[Minisode 2] Protecting Your Money from Uncle Sam: The Power of Tax-Free Accounts
May 7, 202500:10:48Tap to summarizeIn this eye-opening Wealth Tip Wednesday minisode, Judy Robbins addresses the question: "What is the number one thing you need to protect your money from?" While many clients assume it's market risk, inflation, or even ex-spouses, Judy reveals that the answer is taxes. She explains how wealthy people prioritize tax-free accounts and demonstrates through a powerful example how tax drag can cost middle-class investors nearly a million dollars in potential wealth over 20 years. Judy encourages listeners to explore tax-free accounts beyond just Roth IRAs and explains how these vehicles can provide guaranteed lifetime income in retirement without paying taxes. Judy Robbins is a financial educator with a passion for helping families safeguard their financial future. Drawing from her personal experience of financial devastation following her husband's life-altering accident, she now helps others build, protect, and pass on their wealth with confidence. Judy brings practical, actionable financial strategies to her listeners, emphasizing the importance of preparation and protection against life's unexpected challenges. Key Topics Discussed The Real Wealth Threat: Why taxes are the biggest obstacle to building wealth (2:30) What Wealthy People Do: How the affluent use multiple tax professionals to minimize tax burden (6:15) The Million-Dollar Example: A powerful illustration of tax drag on investments over time (7:45) Tax-Free vs. Taxable Accounts: The dramatic difference in growth potential (9:20) Beyond the Roth IRA: Other tax-free account options that most people don't know about (11:35) Guaranteed Lifetime Income: How tax-free accounts can provide retirement security (12:50) The Middle-Class Tax Trap: Why following conventional wisdom costs you money (8:30) Legal Tax Avoidance Strategies: Working within the system to minimize obligations (6:40) Powerful Quotes "If you could turn on a tax-free income when you're ready to retire after the age of 65 and you could have a guaranteed lifetime income, guaranteed for the rest of your life and never have to pay $1 to the government and it's legal, I think more people would be interested in how to get that account started." (13:10) "What is the number one thing that you need to protect your money from? To me, the number one thing that you need to protect your money from is that greedy Uncle Sam. Yes, I'm talking about taxes." (3:05) Timestamps 00:00 - Introduction to GenWLTH Podcast 01:30 - Posing the important question about protecting money 02:30 - Common answers from clients 03:05 - Revealing taxes as the biggest threat 05:15 - What wealthy people do differently 07:45 - The doubling dollar example 09:20 - Comparing tax-free vs. taxable account growth 11:35 - Tax-free options beyond Roth IRAs 12:50 - Benefits of guaranteed lifetime income 14:25 - Invitation to learn more and closing thoughts Loved this episode? Leave a review on Apple Podcasts or Spotify to help more people find these stories of financial empowerment. Follow Judy on social media and let her know what resonated with you. Resources WEBSITE: https://sixthandking.com/ FOLLOW THE PODCAST: Subscribe to GenWLTH Podcast for new episodes CONNECT WITH JUDY: Facebook, Instagram, LinkedIn Podcast Produced and edited by the team at ResilientVoiceMedia.com Contact us for expert podcast production and support.
Transcribe →