Should You Consolidate Your 401(k) Accounts?

Should You Consolidate Your 401(k) Accounts? Bulman Wealth

Many workers today have switched jobs multiple times over the course of their careers. If that applies to you, you may have several retirement plans from several different companies, and you may be wondering if you should combine them together. First, let’s talk about your options when you leave a job. You can do one […]

What’s the Difference Between IRAs and 401(k)s?

What's the Difference Between IRAs and 401(k)s? Bulman Wealth

IRAs (Individual Retirement Accounts) and 401(k)s are both popular retirement savings options, but they have some key differences that make each option more suitable for certain individuals. Contributions Are Categorized Differently One major difference between IRAs and 401(k)s is the way in which contributions are made. IRAs are typically opened and funded by individuals, while […]

These Accounts Are Your Retirement Pillars

These Accounts Are Your Retirement Pillars Bulman Wealth

Throughout your life, you’ve probably built up numerous pension plans, and you’ve likely given thought to numerous retirement tactics. The key now, if you have recently retired or you are about to retire, is to start putting those pillars together to form a complete structure of what you have and find out what you may […]

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 […]

Know This End-of-Year Roth IRA Strategy!

Know This End-of-Year Roth IRA Strategy! Bulman Wealth

One way or another, Individual Retirement Accounts will be involved in retirement planning these days. Whether you want to roll over a 401(k), time your withdrawals optimally, or make catch-up contributions, your IRA strategy may be one of the key components of your income strategy. However, there is a little-known timing strategy to get more […]

Maintaining Income in Retirement

Maintaining Income in Retirement Bulman Wealth

If you’re nearing the end of a long career or have recently retired, you know something about what it takes to be successful. Luck can help, but hard work and proper planning are much more important. It’s the same with retirement. Deciding where your income will come from, working to help minimize your tax burden, […]