The Economy Threw a Curveball at Retirees in 2022

The Economy Threw a Curveball at Retirees in 2022 Bulman Wealth

The economy in 2022 posed difficulties for a lot of people, and retirees have had it even harder. The impact of the Russia-Ukraine conflict, the aftermath of the pandemic on the economy, as well as the increase in inflation and interest rates, have been felt globally. As we start off a new year, it is […]

59.5 Brings Half Birthdays Back into Style!

59.5 Brings Half Birthdays Back into Style! Bulman Wealth

Turning sixty is an energizing experience. It not only carries with it more knowledge and anticipation for a new time of life, but it also presents vital money choices that can influence your life in retirement. On the off chance that you are arriving at 59.5 this year, you will be qualified to pull from […]

Approaching Income and Net Worth Differently in Retirement

Approaching Income and Net Worth Differently in Retirement Bulman Wealth

Your daily routine, from tying your tie in the morning to loosening it when you get home, has probably been done for most of your life. When you retire, your daily routine and your financial routine will shift as well. Your saving and wealth accumulation strategy was in place in your working years. But in […]

2 Reasons 2022 Challenged the 60/40 Portfolio Allocation Strategy

2 Reasons 2022 Challenged the 60/40 Portfolio Allocation Strategy Bulman Wealth

The 60/40 allocation strategy is frequently recommended when beginning your investing journey. With 60% of your portfolio in equities and 40% in bonds or other fixed-income investments, this approach has traditionally provided a balanced benefit, with high growth potential from stocks and a safety net from bonds.[1] The assumption was that stock and bond markets would […]

How Rising Interest Rates Affect Your Retirement Plan

How Rising Interest Rates Affect Your Retirement Plan Bulman Wealth

The economy in 2022 has set multiple records, first with the highest inflation rate in 40 years, and now with the highest federal reserve interest rates since 2008.[1] The US Federal Reserve has raised interest rates six times in 2022, reaching a total of 3.75% in November to curb rampant inflation.[2] Higher interest rates should […]

Index and Mutual Funds – Key Differences

Index and Mutual Funds – Key Differences Bulman Wealth

While an index fund and a mutual fund may appear identical on the surface, there are numerous key differences between them that might be vital to your retirement portfolio. Both index funds and mutual funds diversify assets, and they are typically invested in a basket of stocks that aims to meet certain investment goals. Overview […]

Remember the Financial Fundamentals for a Sturdy Retirement

Remember the Financial Fundamentals for a Sturdy Retirement Bulman Wealth

Having a strategy for how to invest your money so that you’re set for retirement is crucial to achieving the retirement you hope for. With no external income coming in, you’ll need to follow a new set of rules for managing your retirement income, expenses, and investments—not just to keep your portfolio growing—but to ensure […]

These 3 Retirement Birthdays Are Cause to Celebrate

These 3 Retirement Birthdays Are Cause to Celebrate Bulman Wealth

Did you know that there are rules and regulations that can help you avoid higher taxes and penalty fees and help you structure your income to minimize taxes? Getting the most out of your retirement savings takes more than adjusting your portfolios. Know these 3 ages that can help you get the most out of […]

These 5 Risks Affect the Wealthy Retiree More Than You Thought

These 5 Risks Affect the Wealthy Retiree More Than You Thought Bulman Wealth

Having a great deal of wealth to preserve might seem straightforward. However, the quantity and value of assets you have to safeguard create unique difficulties that are specific to their wealth. There are numerous wealth-preservation and investment principles that are applicable to everybody—for instance, establishing a tax policy, assessing a portfolio’s risk exposure, and more—however, […]

Are You Asking the Right Questions About Medicare?

Are You Asking the Right Questions About Medicare? Bulman Wealth Management

Retirement planning conversations are dominated by talk of investment strategies and portfolio longevity, but one of the most crucial elements is often forgotten: healthcare expenses. Having a cohesive plan to cover healthcare needs can go a long way in helping to cover your necessary costs, especially because healthcare is one of the highest spending categories […]