Financial Planning Ignores 25% of Adults | Scott Barnes, CFP, Childfree Wealth | JTL 154

Scott Barnes spent 25 years inside traditional financial planning before he realized the entire model was built on one assumption: that you will have children, and that the point of building wealth is to hand it over. Roughly 25% of US adults are childfree. There is no chapter in the financial planning curriculum for them. Not a module, not a paragraph. Scott is a advisor at Childfree Insights, working exclusively with childfree clients across all 50 states. He joins Wayne to unpack what actually changes when nobody is waiting at the end of the handover, and why it is a mechanical difference rather than a sensitivity one. In this episode: -Childfree vs childless, and why the planning conversation is different -The missing curriculum: why advisor training has nothing on clients without children -Why 80% of Childfree Wealth clients had never worked with an advisor before -Die with zero, and giving while you are alive instead of leaving it behind -The assets under management problem nobody talks about -Retiring before 60, the taxable brokerage bridge, Rule of 55 and 72(t) -Why power of attorney matters more than a will if you are childfree -The mistake of naming your own parents on your documents -Solo agers, long term care and the professional fiduciary -Pets, pet trusts and care documents -The gardener and the rose for childfree couples -Legacy as something you build today, not after you are gone If this made you rethink what legacy means, share it with one person who needs to hear it. Learn more about Scott's work at Childfree Insights: https://childfreetrust.com/ More from Journey to Legacy: https://journeytolegacy.org/ Listen on Spotify: https://open.spotify.com/episode/5rDx... Subscribe for more conversations on building a legacy you actually get to see.