Podcasts Business Your Financial Pharmacist YFP 308: YFP Planning Case Study #6: Balancing Retirement Savings With a Major Purchase & Education Planning

YFP 308: YFP Planning Case Study #6: Balancing Retirement Savings With a Major Purchase & Education Planning

Published: May 18, 2023, 9 a.m.

Episode Summary

If we don\u2019t earmark our cash for specific items, we\u2019re very likely to spend it. In this YFP Planning Case Study, Tim Baker, CFP\xae, RLP\xae, Kelly Reddy-Heffner, CFP\xae, CSLP\xae, CDFA\xae, and Angel Melgoza, MS CFP\xae use a hypothetical couple (Joe and Jane Script) to discuss balancing retirement savings with a major purchase and education planning. After being provided with an overview of the couple\u2019s finances and their goals for the future, Kelly and Angel pick apart their investment approach and offer advice for how they could make it more sound. From the importance of saving with the intention of avoiding getting hit with a surprise tax bill, this episode will make you think more deeply about the way you approach your financial plan!

Links Mentioned in Today's Episode

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