Educational Guides

Bulman Wealth Guides

Download Our Complimentary Guides and Start Reading INSTANTLY!

At Bulman Wealth Group, we have helped hundreds of clients in Roseville and Temecula, CA achieve their financial goals by providing unbiased financial advice. Check out some of our useful guides below, and don’t forget to request your complimentary, no-obligation financial review!

Are You Prepared For RMDs Guide

The SECURE Act 2.0, which passed in the final days of 2022 and stands for Setting Every Community Up for Retirement Enhancement, is a piece of retirement legislation that could change the landscape of retirement planning.

Ultimate 401(k) Guide

We believe that a 401(k) is one of the most important retirement planning tools we have. You pay into it for decades and will likely need to rely on it, among other income sources, for decades in retirement. The potential tax benefits and power of compound interest can make it a great saving and investment tool for anyone who practices financial discipline and contributes regularly. There are several important things to know about your 401(k), such as how much you can contribute, options for your 401(k) when you leave your job, and how much you are paying in 401(k) fees..

The Basics of The SECURE Act 2.0 Guide

Congress passed the second installment of the SECURE Act under the Omnibus Spending bill of 2023, containing major changes to the retirement planning landscape. In the past, retirees could typically rely on a pension and Social Security benefits and pensions for the rest of their lives. But today’s retirees are part of the first generation that often must fund their own retirement. Even for those who have saved diligently over many years, the threat of outliving one’s money is legitimate. Lawmakers recognized the changing needs of today’s retirees, and passed the SECURE ACT in 2019, and now the SECURE Act 2.0 in the final days of 2022.

2023 Tax Planning Guide

After a tumultuous 2022, filing your taxes this year could potentially be complicated. Maybe you stopped working, realized investment losses, created an estate plan, or went from itemizing to claiming the standard deduction or vice versa. There are many factors that can impact whether your taxes will increase and whether you need to rethink your tax strategy.

The Bucket Strategy Guide

We believe a retirement strategy is about affording the lifestyle you want in your later years. For most of your life, you have likely worked hard to save for your retirement as best you could. But now, it may be about turning those savings into an actionable plan that helps you afford the lifestyle you planned for as safely and efficiently as possible. You’re likely faced with these questions: What do you want your retirement to look like, and how much income do you need each year to make it happen?

Your Guide to Roth IRAs

An IRA is an investment account that you own that typically holds stocks, bonds, mutual funds, ETFs, and more. It is structured and regulated with limitations and tax advantages for using the account to grow a fund that is then used to provide you income in retirement. The Roth IRA is a tax-advantaged retirement account, but some of its tax advantages are structured differently than the Traditional IRA.

Women’s Retirement Planning Guide

They say “men are from Mars and women are from Venus” and their differences carry over into financial planning. In a world where women oftentimes share, or own, the responsibilities of household finances, and often are the major “bread-winner”, it makes sense that you are adequately addressed. There are a disproportionate number of men in the financial space today, so let’s take a moment to address some financial needs unique to women. Since women tend to outlive men, and nearly half of marriages end in divorce, you are often in situations where finances entirely rest on your shoulders.

Legacy & Estate Planning – Understanding The Basics

The Legacy and Estate Planning Guide discusses how it’s not just the uber-wealthy that benefit from having an estate and legacy plan. It’s anyone who wants their wishes to be honored after their passing. Essentially, this guide covers the options and tools you have to create an estate plan and the tax benefits of having one. Read this guide to learn the basics of legacy and estate planning.

Market Volatility – Protecting Your Savings

Planning for retirement is never a “set it and forget it” activity: There are unexpected disasters, market drops, and changing laws that invariably cause retirees to reevaluate their plans of action. Ultimately, there is no way to predict everything that will cause market downturns, such as diseases, natural disasters, or political instability. However, you can prepare yourself for a downturn by having a solid financial plan in place. The most recent bout of market volatility likely won’t be the last you’ll see in your lifetime, so why not have a plan to address future market drops? If you’re concerned about your financial security as you near and enter retirement, assessing your risk tolerance, reevaluating your portfolio, and seeking professional advice could be a good idea.