There will always be things to worry about, and retirement risks are no exception. Whether it's the fear of outliving your savings, the unpredictability of rising taxes and inflation, or the anxiety over market volatility, there are absolutely some retirement risks worth discussing. The good news is, there are ways we can prepare and mitigate these concerns.

In today’s episode, Marcos guides us through how Bulman Wealth tackles these retirement worries during the planning process.

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

• Strategies to help clients avoid outliving their money
• The role of financial advisors as educators
• The importance of planning with the end goal in mind
• Reducing worry about rising taxes and inflation
• Comprehensive financial planning to combat market volatility

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.

When it comes to retirement, most of us think of it in two clear phases: pre-retirement and retirement itself. But what if we told you that it’s more nuanced than that? With people living longer, retirement can now span 30 years or more. That’s why it's essential to consider not just how you'll spend those years, but also the expenses that will come with them.

Join us as we break down the three phases of retirement in today’s show: the Go-Go Years, the Slow-Go Years, and the No-Go Years.

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

• How should you think about and plan for the Go-Go Years?
• Settling into a retirement routine in the Slow-Go Years
• Financial issues to consider in the No-Go Years
• Working with a team who thinks about the big picture

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.

They say men are from Mars and women are from Venus. Are their financial and investment needs just as different? In today’s episode, we’ll dig into some of the nuances that female investors face today as opposed to their male counterparts.

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

• Women’s tendency toward risk aversion, investing performance, and role in financial decision-making
• Planning for a longer life, long-term care, and career pauses
• The importance of financial education in building confidence and comfort
• Working with an advisor to maximize your savings, set goals, plan, budget, and more
• How divorce disproportionately impacts women

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.

As consumers, we're always on the lookout for ways to make our money go further. When interest rates decrease, our purchasing power increases. But what happens when interest rates go up? According to Marcos, this can actually be beneficial for your retirement savings, especially if you know how to navigate the current financial landscape.

Tune in to discover how refinancing parts of your retirement plan could potentially enhance your returns. It might sound like an unusual concept, but in today's high-interest-rate environment, it could be a game-changer for your financial future. If you would like to know why and how you should refinance your retirement, this episode is for you!

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

• The concept of refinancing and why it’s relevant in today’s interest rate environment
• Why it might be a good time to review and potentially refinance your existing annuities
• How increasing interest rates affect different aspects of your financial plan, including growth stocks and bonds
• How higher interest rates are leading to better returns on savings accounts, CDs, and money market accounts
• Why it's crucial to review your investment strategy in light of changing interest rates

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.

Everyone’s retirement situation is going to look a little bit different, with varying asset levels, types, concerns, and goals. In today’s episode, we’ll highlight some key considerations to keep in mind as you plan for your unique retirement. We hope this conversation shows that retirement planning isn't as simple as giving yourself a big paycheck- it’s about effectively using your resources to achieve the life you want!

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

• Prioritizing and planning for risks in retirement
• Aligning your retirement goals with your financial plan
• Utilizing health and long-term care insurance to protect against unexpected expenses
• Exploring protected income options like mutual funds, ETFs, and annuities to safeguard against inflation and provide stable income
• The top risks that most retirees worry about when it comes to retirement

Check out our upcoming events and seminars

https://bulmanwealth.com/general-events/

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.

Do you feel overwhelmed with financial planning and feel there are too many things to tackle? Are you not exactly sure where to get started? Today we will cover our process here at Bulman Wealth Group, guiding you through what it feels like to become a client with us.

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

• The discovery meeting: Getting to know your goals, dreams, and concerns
• Risk assessment and document collection after the first meeting
• Identifying areas of improvement with an initial, high-level financial plan
• The follow-up meeting: Discussing risk score, portfolio analysis, and moving forward
• Transferring your accounts, refining your financial plan, and establishing a client account
• Regular review meetings, continuous communication, and client events

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.

Are annuities the right investment for your retirement? In today’s episode, we’re diving into the world of annuities to help you understand what they are, how they work, and whether they might be a good fit for your retirement strategy. Whether you're new to the concept or looking to deepen your understanding, this conversation should give you some important items to think about.

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

• What is an annuity and how do they work?
• What are some benefits of annuities?
• What are some drawbacks of annuities?
• Who should consider annuities?
• How can annuities fit into a retirement portfolio?

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.

Retirement is a milestone many of us eagerly anticipate, but it also marks a significant change in how we manage our finances. Instead of a regular paycheck, we'll rely on various income streams. So, what income streams will you have in retirement? And how can you plan for this stage before you retire? In today's episode, we'll cover all of that and more.

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

• Strategizing your retirement accounts and Social Security together
• The shift from pensions to defined contribution plans in the U.S.
• The differences between traditional and Roth 401(k)s
• Understanding required minimum distributions in retirement planning
• The difference between tradition and Roth IRAs

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.