Your Financial Pharmacist

Tim Ulbrich and Tim Baker
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Sep 26, 2022 • 5min

Ask a YFP CFP® #133: Are there any tax implications on my paycheck if I cash out my vacation or sick days?

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Sean Richards, CPA, takes this question from a member of the YFP community: Are there any tax implications on my paycheck if I cash out my vacation or sick days?  Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.
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Sep 24, 2022 • 38min

YFP Real Estate Investing 76: Short Term Rental Market Update with Rachel Gainsbrugh

Nate Hedrick and David Bright welcome Rachel Gainsbrugh back to the show for an update on her real estate journey. They discuss Rachel’s recent appearance on “Buy My House” on Netflix, short-term rental market forecasting for the near future, shopping for lenders, and how to determine if a short-term rental will work in your market. Links Mentioned in Today’s Episode YFP Real Estate Investing 07: Short and Medium-Term Rental Property Investing Short Term Gems Learn with Rachel YFP Real Estate Investing 18: Tax Strategies for Real Estate Investing YFP Real Estate Investing 54: Using Cost Segregation to Optimize Real Estate Tax Benefits AirDNA Netflix Series: Buy My House 75Gems.com YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures
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Sep 22, 2022 • 39min

YFP 274: Risk Tolerance vs Risk Capacity (Retirement Planning)

In part three of the four-part series on retirement planning, Tim Ulbrich, PharmD, and Tim Baker, CFP®, RLP®, explain why it’s critical to evaluate how much risk you are able to stomach versus how much risk you should take to achieve your long-term savings goal and considerations for setting asset allocation in alignment with your risk capacity.  Links Mentioned in Today’s Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 272: How Much Is Enough? (Retirement Planning) YFP 273: Alphabet Soup of Retirement Accounts (Retirement Planning) Your Financial Pharmacist Disclaimer and Disclosures
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Sep 19, 2022 • 7min

Ask a YFP CFP® #132: How can I balance paying back my student loans and buying a home?

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a recent YFP webinar: How can I balance paying back my student loans and buying a home? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Three Strategies for Buying a House with Student Loans Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.
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Sep 17, 2022 • 28min

YFP Real Estate Investing 75: Market Check-In: Is BRRRR Dead?

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, answer the question of whether or not the BRRRR method remains a viable investment strategy for real estate investors today.  Links Mentioned in Today’s Episode Join the YFP Real Estate Investing Facebook Group BiggerPockets YFP Real Estate Concierge Service YFP Real Estate Investing Your Financial Pharmacist Disclaimer and Disclosures
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Sep 15, 2022 • 36min

YFP 273: Alphabet Soup of Retirement Accounts (Retirement Planning)

Tim Ulbrich, PharmD, sits down with Tim Baker, CFP®, RLP®, for the second part of the four-part series on retirement planning. Together they discuss the alphabet soup of retirement accounts including commonly used vehicles for accruing a nest egg.  Links Mentioned in Today’s Episode YFP 272: How Much Is Enough? (Retirement Planning) 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  YFP 165: The Power of a Health Savings Account YFP Tax 2022 Important Numbers Your Financial Pharmacist Disclaimer and Disclosures
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Sep 12, 2022 • 9min

Ask a YFP CFP® #131: Where do I begin with buying and selling stocks?

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP community: Where do I begin with buying and selling stocks?  Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning The Index Revolution: Why Investors Should Join It Now by Charles Ellis The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J L Collins The Behavioral Investor by Daniel Crosby YFP 124: The Behavioral Investor with Dr. Daniel Crosby Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.
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Sep 10, 2022 • 35min

YFP Real Estate Investing 74: Using Real Estate Investing to Give Back

Claude Condo, RPh, shares how he transitioned from a pharmacist looking for passive income to an expansive commercial property investor while maintaining a fulfilling career in pharmacy. Links Mentioned in Today’s Episode Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki Rich Dad Real Estate, Stock Trading and Personal Finance Coaching Condo Foundation Rx Real Estate Investment Connect with Rx Real Estate Investment on LinkedIn Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan Connect with Claude Condo on LinkedIn YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures
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Sep 8, 2022 • 22min

Special Update: Student Loan Announcements from the Biden Administration

YFP Planning Lead Planners Kelly Reddy-Heffner and Robert Lopez dig into the recent student loan announcements from the Biden Administration including the extension of the administrative forbearance, student loan debt cancellation, updates to the Income Driven Repayment Plan, and what you can do now while you wait for more information to be released.  Mentioned on the Show:  The Your Financial Pharmacist Facebook Group YFP Planning: Holistic, Fee-Only Financial Planning for Pharmacists Studentaid.gov YFP Student Loan Analysis Service with YFP Planning Lead Planners Kelly Reddy-Heffner or Robert Lopez
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Sep 8, 2022 • 40min

YFP 272: How Much Is Enough? (Retirement Planning)

Tim Ulbrich, PharmD, sits down with Tim Baker, CFP®, RLP®, to discuss how much you need for retirement in part one of the four-part series focused on retirement planning. Links Mentioned in Today’s Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Join APhA - Get 25% Off Your Membership with Code: YFP YFP 253: YFP Planning Case Study #1: Growing a Family, Paying Off Student Loans, and Buying a House YFP 261: YFP Planning Case Study #2: Planning for Retirement, Saving for Kids' College, and Paying Off Debt YFP 270: YFP Planning Case Study #3: Financial and Life Considerations As Retirement Nears YFP Tax Your Financial Pharmacist Disclaimer and Disclosures

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