As the year draws to a close, it's the perfect time to reflect on your financial health and set the stage for a prosperous new year. In this week’s show, Chris and Scott share seven essential financial strategies to consider before year-end.

Here’s are some of the things we discuss in this episode:

• Review your estate plan and make sure it’s still designed
• Shoring up your emergency fund is crucial.
• If ​you ​are ​73 ​or ​older and ​you ​have ​money ​in ​a ​401k ​or ​IRA, have ​you ​taken ​your ​RMD ​this ​year? ​
• Audit your subscriptions and cancel what you aren’t using.
• Max out your retirement contributions if you can.

WAYS TO CONNECT:

Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg

Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.

If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.

This week’s episode is all about busting some common myths that we hear and read about. A recent article from Fidelity spared the idea and Scott and Shawn are going to debunk six money myths. We’re covering things like income planning, healthcare, legacy planning and more.

Here’s some of what we discuss in this episode:

• Myth number 1: It’s not worth saving if I can only save a small amount.
• Myth number 2: The stock market is too risky for my retirement money.
• Myth number 3: I’m young so I don’t need to save for retirement.
• Myth number 4: There’s no way of knowing how much money I’ll need in retirement.
• Myth number 5: All debt is bad.
• Myth number 6: Credit cards should be avoided.

WAYS TO CONNECT:

Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg

Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.

If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.

All too often, investors get hung up on the mistakes they’ve made instead of moving forward and thinking about what they need to do next. This week’s show is all about finding opportunities for improvement when mistakes are made so you’re optimizing your financial strategies in the future.

From income planning to understanding your risk number, they provide great insights to improve their financial health and achieve their long-term goals.

Here’s some of what we discuss in this episode:

• How we help our clients organize and structure their finances and investments.
• Why you should be investing for income.
• Educating clients on the case for growth.
• How some younger investors are perhaps too conservative in their investments.
• Navigating withdrawals as we enter retirement.
• How advisors can serve as intermediaries when discussing family finances.

WAYS TO CONNECT:

Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg

Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.

If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.