Your Financial Pharmacist YFP 249: 3 Silent Killers to Your Investments
Mar 31, 2022
40:48
YFP Co-Founder and Director of Financial Planning, Tim Baker CFP®, RLP®, talks about the three silent killers of your investment pie and how to keep your investment portfolio fit.
Key Points From This Episode
- An introduction to today’s topic.
- The importance of including tax in your financial plan.
- How tax permeates all parts of your financial plan.
- Tim Baker shares some of his experiences regarding tax, working as a financial planner.
- Some examples of simple tax reduction strategies.
- How to ensure the withdrawal of investments after retirement in terms of tax.
- A discussion on inflation trends.
- Why it is important to consider inflation in your financial plan and investments.
- We learn how investments can help you get ahead of inflation.
- A detailed discussion on the issues and impact of fees on your investment.
Links Mentioned in Today’s Episode
- YFP Planning: Financial Planning for Pharmacists
- Schedule a free Discovery Call with YFP Planning
- Insuring Income: Get Quotes and Apply for Term Life and Disability Insurance
- Book a Speaking Event
- Email Your Financial Pharmacist: info@yourfinancialpharmacist.com
- YFP Tax
- YFP 233: Tax Moves to Consider Before 2022
- YFP 248: How 3 Pharmacists Had $700,000 of Student Loans Forgiven
- YFP 239: Two Financial I's You May be Overlooking
- YFP 208: Why Minimizing Fees On Your Investments Is So Important
- Are You Making This $1 Million Mistake?
- Your Financial Pharmacist Disclaimer and Disclosures