Your Financial Pharmacist

Tim Ulbrich and Tim Baker talk about investing beyond the 401k or 403b and break down the traditional IRA, Roth IRA, HSA, SEP IRA and taxable/brokerage accounts and discuss their contribution limits, how to appropriately use them and the advantages and disadvantages of each. Mentioned on the Show Join APhA- Get 25% Off Your Membership with Code: YFP2020 YFP Planning Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions YFP 073: How to Determine the Priority of Investing YFP 074: Evaluating Your 401k Plan YFP 075: DIY, Robo or Hire a Planner? YFP 076: Investing Rapid Fire Q&A YFP 096: How to do a Backdoor Roth IRA Why Most Pharmacists Should Do a Backdoor Roth IRA Book a Discovery Call with YFP Planning YFP Facebook Group

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Robert Lopez, CFP®, takes this question from Kaitlin in Columbus, Ohio: Do I make too much to contribute directly to a Roth IRA? Mentioned on the Show: YFP Planning YFP 096: How to Do a Backdoor Roth IRA Why Most Pharmacists Should Do a Backdoor Roth IRA Send in your questions here or to info@yourfinancialpharmacist.com 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.

Tim Ulbrich and Tim Baker, CFP® dig into credit, a not so exciting but incredibly important part of the financial plan. They talk about what makes up a credit score, the impact of good (or poor) credit, how to find and interpret your credit score, the difference between hard vs soft credit checks and how to protect your credit. Mentioned on the Show YFP Planning AnnualCreditReport.com YFP 159: 5 Lessons Learned During a Home Refinance Join the YFP Facebook Group

Ask a YFP CFP® #28: Why have interest rates gone up on my federal student loans? Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Christian in Arkansas: Why have interest rates gone up on my federal student loans? Mentioned on the Show: YFP Planning National Student Loan Data System (NSLDS) The Pharmacist's Guide to Conquering Student Loans by Tim Church, PharmD Send in your questions here or to info@yourfinancialpharmacist.com 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.

Cameron Huddleston, award winning journalist and author of Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances joins Tim Ulbrich to talk about five key financial lessons to teach your kids. Mentioned on the Show The Pharmacist's Guide to Conquering Student Loans by Tim Church, PharmD Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances by Cameron Huddleston CameronHuddleston.com YFP 108: How to Effectively Talk with Mom and Dad About Their Finances What I Teach My Kids About Money by Cameron Huddleston YFP Planning The Compound Effect by Darren Hardy Email Cameron Huddleston: Cameron@CameronHuddleston.com Follow Cameron on Instagram (@cameronkhuddleston) Follow Cameron on Twitter (@CHLebedinksy)

Ask a YFP CFP® #27: Should I continue contributing to my 401(k) if my employer is no longer offering a match? Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Erin in Virginia: Should I continue contributing to my 401(k) if my employer is no longer offering a match? Mentioned on the Show: YFP Planning YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions YFP 073: How to Determine the Priority of Investing YFP 074: Evaluating Your 401k Plan YFP 075: DIY, Robo or Hire a Planner? YFP 076: Investing Rapid FIre Q&A Are You Making This $1 Million Dollar Mistake? Send in your questions here or to info@yourfinancialpharmacist.com 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.

On this week's episode, sponsored by HPSO, Nate Hedrick, The Real Estate RPH, interviews two pharmacists, Shelby Bennett and Bryce Platt, about their home buying experience. Shelby and Bryce recently worked with Nate via the YFP Real Estate Concierge Service to craft a plan and connect with a local preferred agent to buy their first homes. Mentioned on the Show Get Professional Liability Insurance with HPSO Nate Hedrick, The Real Estate RPH YFP Real Estate Concierge Service FIrst Time Homebuying Guide YFP Planning IberiaBank YFP 130: House Hacking Your Way to Financial Freedom w/ Craig Curelop BiggerPockets The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom by Craig Curelop Compare Multiple Mortgage Lenders with Credible YFP Real Estate Resources Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss Real Estate Rookie Podcast Schedule a Free 30-minute Jump Start Planning Call with Nate

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Danielle in Newnan, Georgia: Which mortgage term is best? Mentioned on the Show: YFP Planning IberiaBank Pharmacist Home Loan Compare Mortgage Refinance Lenders with Credible Send in your questions here or to info@yourfinancialpharmacist.com 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.

Tim Ulbrich shares his recent experience refinancing his primary residence. He talks through the numbers, how he determined the breakeven point, the rationale for refinancing and 5 lessons learned along the way. Mentioned on the Show Compare Mortgage Refinance Lenders with Credible YFP 139: Should Your Refinance Your Mortgage IberiaBank YFP 136: The Ins and Outs of a Pharmacist Home Loan YFP 154:Getting a Home Loan in a Pandemic Pharmacist Home Loan with IberiaBank Mortgage Refinance Calculator YFP Planning YFP Facebook Group

Ask a YFP CFP® #25: What do I do if my credit score dropped because of the automatic student loan forbearance? Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Andrea in Minnesota: What do I do if my credit score dropped because of the automatic student loan forbearance? Mentioned on the Show: YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com 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.