After 500+ episodes, a new chapter begins. Learn why YFP is evolving and how to align your money with meaning to live a rich life today and tomorrow.
Episode Summary
After more than 500 episodes of the Your Financial Pharmacist Podcast, Tim Ulbrich, PharmD and Tim Baker, CFP®, RICP®, RLP® introduce a new chapter: Scripted Wealth: Money and Meaning for Pharmacists. In this episode, they share the story behind the transition, how it connects to the rebrand to YFP Wealth, and what listeners can expect moving forward. The conversation goes beyond financial tactics to explore the deeper purpose of money, helping pharmacists align their financial plans with what matters most. Whether you’re early in your career or approaching retirement, this episode sets the stage for a more intentional approach to building and using wealth.
What you’ll learn in this episode:
- Why the podcast is evolving after 500+ episodes and what prompted the shift
- The meaning behind “Scripted Wealth” and how you can take ownership of your financial life
- How to balance the quantitative (numbers) and qualitative (purpose) sides of wealth
- Why many pharmacists operate on financial autopilot and how to break out of it
- How YFP Wealth is evolving to better serve mid-career and pre-retirement pharmacists
Mentioned in Today’s Episode
- YFP Wealth: https://yfpwealth.com
Episode Transcript
Tim Baker, CFP®: [00:00:00] What is really important to you? Are we committing the time and resources AKA dollars to the things that we’re most passionate about?
And if we’re not, why aren’t we right? Because we know that, we know that these things are finite, right? And you know, you, you hear stories all the time where, hey, we thought that. Uh, tomorrow was promised, and it’s not, you know, our time here is so fleeting
Tim Ulbrich, PharmD: that
Tim Baker, CFP®: it’s really important to kind of get off of that autopilot and make sure that we’re putting things like the first things, the right things, you know, first.
Tim Ulbrich, PharmD: Tim Baker, welcome to
Tim Baker, CFP®: New podcast. I know. A little surreal. Right. Um, but excited to get into this and, uh, yeah. Update the audience with what’s going on at YFP.
So for those that have been avid listeners, you, you might have been wondering where, where, where’s the podcast been [00:01:00] over the last couple months. And so we’re excited to be introducing a brand new show, scripted
money and
Tim Ulbrich, PharmD: for pharmacists. And we’re gonna talk today about. Why the pivot, why the transition, how this connects to the recent
Tim Baker, CFP®: rebrand that
Tim Ulbrich, PharmD: that we went through from your financial pharmacist, uh, to YFP wealth.
We’ll talk about some of the history, uh, as well and, and what people can expect, uh, going forward. So, very much looking forward
Tim Baker, CFP®: way after the
Tim Ulbrich, PharmD: 500 episodes, Tim, that’s wild, right?
Tim Baker, CFP®: Yeah, it’s a lot of, um, it’s a lot of content.
Tim Ulbrich, PharmD: You, you, you remember the first one?
Tim Baker, CFP®: Um, I probably want to forget it, but yeah, I do remember it. I remember the first few, um, very, yeah. Yeah, I remember. They, they probably sound terrible today. We’re being honest, but.
Tim Ulbrich, PharmD: Yeah, I was thinking about the F first episode we did all the way back in July of 2017, which was the genesis of the year Financial Pharmacist Podcast, episode 0 0 1. Uh, we did [00:02:00] over 500 of those from 2017 all the way through 2025. And I remember some of those early episodes vividly. It’s funny how certain stand out.
You know, Joey Mattingly, episode four always stands out. I actually ran into it a PHA last week, uh, I think it was nine. Episode nine. Sam Leverett was our first ever millionaire theme Hour. He showed up at a presentation I was doing
Tim Baker, CFP®: That’s pretty funny.
Tim Ulbrich, PharmD: uh, which was wild. So I, I first wanna acknowledge for those that have been listening, whether you’ve been listening for three months. Three years, or all the way back to July of 2017. Uh, we
Tim Baker, CFP®: So, but appreciate that we don’t take it for granted
Tim Ulbrich, PharmD: that
Tim Baker, CFP®: time,
Tim Ulbrich, PharmD: is
Tim Baker, CFP®: practice,
Tim Ulbrich, PharmD: and whether you’re commuting, whether you listen when you’re, you know, doing, uh, house chores,
Tim Baker, CFP®: whatever it might be.
Tim Ulbrich, PharmD: uh, we are grateful for the opportunity to be a voice, uh, in, in your ear and, and to have some.
Tim Baker, CFP®: Oh no, it wasn’t.
Tim Ulbrich, PharmD: impact, and it’s something that we, we genuinely [00:03:00] treasure and enjoy.
Tim Baker, CFP®: thank you so much.
Tim Ulbrich, PharmD: much for listening and we hope you’ll stay with us as we go, uh, on the journey. And y yes,
Tim Baker, CFP®: New
Tim Ulbrich, PharmD: name,
Tim Baker, CFP®: month
Tim Ulbrich, PharmD: a
Tim Baker, CFP®: five, right?
Tim Ulbrich, PharmD: right? We’ve been
Tim Baker, CFP®: 2017, but we’re excited about the
Tim Ulbrich, PharmD: the
Tim Baker, CFP®: next.
Tim Ulbrich, PharmD: chapter, if you will, of YFP.
And for many of you, you might know YFP started in 2015. We’ll talk a little bit about the history and journey, and we’re turning the page on the next decade. And as a part of that evolution, we’ve got a new pivot and a new theme to the show under scripted wealth, money and meaning for pharmacists. And as the
Tim Baker, CFP®: To
Tim Ulbrich, PharmD: The focus really being about the intersection, Tim,
Tim Baker, CFP®: talk about over,
Tim Ulbrich, PharmD: and over
Tim Baker, CFP®: have talked about
Tim Ulbrich, PharmD: about
Tim Baker, CFP®: over and over five
Tim Ulbrich, PharmD: episodes, which is
Tim Baker, CFP®: that balance when it comes to financial. So
Tim Ulbrich, PharmD: to the financial plan,
Tim Baker, CFP®: about hours
Tim Ulbrich, PharmD: between
Tim Baker, CFP®: on Friday, today and tomorrow that.
Tim Ulbrich, PharmD: and that’s really the intent behind when we say money and meaning. For pharmacists. So
Tim Baker, CFP®: let’s start there.
Tim Ulbrich, PharmD: Living
Tim Baker, CFP®: rich, [00:04:00] you know,
Tim Ulbrich, PharmD: tomorrow, something that you taught me,
Tim Baker, CFP®: up for some reason.
Tim Ulbrich, PharmD: you,
Tim Baker, CFP®: Buy anything worth it
Tim Ulbrich, PharmD: that we do with our financial planning content,
Tim Baker, CFP®: somehow.
Tim Ulbrich, PharmD: out in many shows that we’ve done before, we often say it and run right by it, but I think it,
Tim Baker, CFP®: Really did.
Tim Ulbrich, PharmD: is where the rubber meets the road with the financial plan, right?
Can we develop a plan that allows us to live that rich life today while we also take care of our future selves?
Tim Baker, CFP®: I think that, you know, when you’re talking about the podcast and, and thanking our audience, and, you know, I, I wanna second that, you know, I don’t take that for granted at all. There’s so many, um, things that occupy our time, that distract us and, and hopefully for people that have listened for a while or, or even if they’re, they’re, they’re new listeners.
You know, this is a good, it’s a, it’s a good distraction. It’s a positive distraction, whether it’s, um, you know, you’re compounding at work or you’re driving to work. I’ve, I’ve heard all those things and I, I think the, the, this medium has really allowed [00:05:00] us to hopefully, um, bring some positivity and some education.
And some things to think about maybe differently than, you know, if you read a blog or you know, how, however else you can consume financial stuff, right? The, the money and mean, and I think it really captures that, right? So like we’ve gotten some feedback of like, I don’t want you to tell us how to do like a Roth conversion or some of the X’s and O’s of.
Money management, uh, wealth management, that type of thing. I, I want to be told a story, I want to be told a transformation and, you know, gimme some impact. And I think this. Shift is a bit in the direction of that, right? Like we want to bring some meaning, meaning to the, the, the, you know, the money that we earn over our career, you know, as pharmacists and, and, and switch that on and bring that to life a little bit.
And I think it’s so easy [00:06:00] to get on autopilot of. Hey, I get, you know, I get paid, I pay bills. I know I’m supposed to invest. But really connect those dots in terms of like, what is really important to you? Are we committing the time and resources AKA dollars to the things that we’re more mo we’re most passionate about?
And if we’re not, why aren’t we right? Because we know that, we know that these things are finite, right? And you know, you, you hear stories all the time where, hey, we thought that. Uh, tomorrow was promised, and it’s not, you know, our time here is so fleeting
Tim Ulbrich, PharmD: that
Tim Baker, CFP®: it’s really important to kind of get off of that autopilot and make sure that we’re putting things like the first things, the right things, you know, first.
And I think that’s really what this is about. Right? And, and we’ve kind of trumpeted that from. For, for a, for a while. I don’t know if we did it right from the start, but it, I think it’s really about, [00:07:00] you know, threading that needle between living a la, a wealthy life today in 2026, and a wealthy life in, you know, 10 years, 20, 30, 40 years from now.
And that’s really hard to do, right? Because the further we get away from today, the harder it is for us to connect, and that’s why. You know, we get really nerdy with financial plans and, and we wanna really show you the math of like, Hey, is if, if what we do today is not gonna necessarily affect the, you know, what was gonna go on later, or maybe it does, but it’s minimal.
I think that’s really important. Right? So I think so many pharmacists that we come across that aren’t necessarily working with a planner, or maybe they’re working with a planner that’s not scratching the itch, they’ll hear like, Hey, they’re okay, but like, there’s no.
Tim Ulbrich, PharmD: know
Tim Baker, CFP®: Umph, there’s no substance behind that.
It’s just kind of a, a guess. And not that we can see the future, but I think a little bit of robust planning to say, Hey, if we decide to quit our job for the next year, or go part-time, like it’s not, the wheels are not gonna fall off. But then [00:08:00] it then affords our ability to do some of the things that we might not be otherwise able to do when we’re 60, 70, 80 years old.
So.
Tim Ulbrich, PharmD: so
Tim Baker, CFP®: I, I really think that this pivot I’m excited about because I think it speaks a little bit more to what we are trying to do with, with the podcast. And again, selfishly, this is a way for listeners to look into our brains, our hearts, a little bit about who we are and what we believe, and hopefully, you know.
Light, the light bulb. They say like, Hey, I, I like these guys. Like, I trust, you know what they’re saying. Maybe I wanna work with them and, and their team. That’s a selfish motive that I would, I’d put that out there. But it’s also a way for us to kind of animate maybe for a lot of pharmacists, that’s just not something that they, they would otherwise think about.
Or, you know, um, lean into a bit. So I’m, I’m excited for the pivot. I think it’s, I think it’s, well, you know, um, well overdue and I know we’ll get into our rebrand here a little bit, not just from the podcast, but from the, your [00:09:00] financial pharmacist perspective. But it’s, it’s exciting to say the least.
Tim Ulbrich, PharmD: And what you just shared there, Tim, is, is a little bit of where I was going with my note of gratitude. Right? I, I was thinking about, um, coming off a meeting recently of, of a PHA in la I, I’ve often joked that, you know, after doing the podcast for so many years and so many episodes, and, you know, people really allowing us and kind of inviting us into their financial plan, maybe indirectly, um, often they’ll come up to me, they’ll come up to you and it feels a little bit like financial confession. You know, and I take that, I, I think that’s a huge responsibility. That is something I’m incredibly grateful for, that someone is comfortable be able to invite us into their financial plan. Maybe that means working with us on one-on-one. Maybe that means just opening up on a conversation about, you know, a fear or vulnerability or something they’re working towards, or excitement that they have on a goal.
Like, that’s awesome. Uh,
Tim Baker, CFP®: Well, it’s like a lot like medicine, right, Tim? Like, you know, I think that’s why a lot of pharmacists become [00:10:00] pharmacists. It’s, it’s like, hey, I, you know, was good at math or chemistry or whatever, and I wanted to help people. Pharmacy. I think now, again, not all financials, financial advisors are, planners are created equal in my opinion, but I, that was one of the reasons why I.
Pivoted my career a decade plus ago to, to do what we’re doing today, um, was because I wanted to be in that position and, and felt that, you know, that position of trust. Um, and I think the ability to, to have heart to heart conversations and connect with people was something that I think I was good at. Um, but.
I, I like those aha moments, like when you actually go get to the other side of it. And again, it’s not necessarily a destination, it’s a process. But to, to give someone a little bit of like, Hey, this is on fire. I’m really anxious about this. And get to the point of like. All right. Like, we’re okay, you know, we have some work to do, but we’re, we’re, we’re on the right head end.
That to me is very val and I think a lot of pharmacists can [00:11:00] relate to that. You know, when, when they think about their own professional journeys and, and the work that they do, um, you know, inside the profession of pharmacy.
Tim Ulbrich, PharmD: And that can be at all ranges, right? I’m,
Tim Baker, CFP®: Yeah.
Tim Ulbrich, PharmD: recent conversations that I’ve had of someone who’s three, four years away from retirement who, you know, maybe they’ve done the hard work of savings, but, but they’re now asking some of the bigger questions of like, well now what, like who, who am I in retirement
Tim Baker, CFP®: Right.
Tim Ulbrich, PharmD: mean to be living my rich life?
Retirement? And then the other end of the spectrum is someone who, Hey, I just graduated. I’ve got a boatload of student loan debt. I’m starting my life. expensive, it’s crazy. There’s all these things going on, and then, you know, we’re kind of in that middle right space. And so we hear a lot of those, those mid-career types of considerations. And, and again, every one of us, I, I’ve often said that there is no rise with the financial plan, you and I included, right? This is a constant journey. Uh, it’s one that’s going to have highs, it’s going to have lows. We’re going to make mistakes along the way. And if we can do that in a community with other people and feel. know, what is a topic that [00:12:00] maybe isn’t often one that is normalized or, or normalized in a space where we can express kind of our emotions and, and, and our fears and our excitements around the financial plan and go beyond the X’s and O’s. Right. You said that so Well,
Tim Baker, CFP®: You know, I think I.
Tim Ulbrich, PharmD: about really like our first episodes being a lot of the X’s and O’s.
Yeah. We did, we did a lot of stories in there as well. But being a lot of the Xs and Os where we helped pharmacists, you know, with some of the, the, the playbook of how to build wealth and really the next 500. focused on how people are gonna use wealth intentionally.
Tim Baker, CFP®: We’re gonna talk about,
Tim Ulbrich, PharmD: about some X’s and o’s and strategies and all those things, but as you said, we, we often hear from people that, Hey, it’s, it’s the story
Tim Baker, CFP®: you know, talking about.
Tim Ulbrich, PharmD: about. You know, more of the qualitative side of the financial plan, and I don’t need another article on Roth conversions, you know? Yes. It’s important. Yes. We’ll, we’ll kind of figure that out, but like, why are we doing Roth conversions and what, what, what’s the point and what’s the purpose? And how does that come into play?
Right. With some of the bigger questions. And so
Tim Baker, CFP®: We take
Tim Ulbrich, PharmD: think about the name of the show, Tim Scripted Wealth, [00:13:00] money and Meaning for pharmacists, and since you mentioned just a moment ago getting into this space a little over a decade ago, I wanna start. There with a little bit of a, a throwback to script financial, right?
Because the first word in our
Tim Baker, CFP®: department by.
Tim Ulbrich, PharmD: is scripted. And, and yes, that’s a nod to pharmacy, but it also is a nod to our history, um, for those that may not be familiar, but scripted implies that you are. The author of your financial life, that that’s the concept right here that we’re going with. And that, you know, I think, uh, especially at a time where it’s so easy to be influenced in many different directions about you should be doing this with your financial plan or you should be doing that, or
Tim Baker, CFP®: No one’s right about it that long
Tim Ulbrich, PharmD: As
Tim Baker, CFP®: over and over again on.
Tim Ulbrich, PharmD: on the show, everyone’s situation is unique,
Tim Baker, CFP®: We
Tim Ulbrich, PharmD: we need to then identify how do we take all this information and be able to apply it to your unique. Financial plan,
Tim Baker, CFP®: kind of,
Tim Ulbrich, PharmD: of the concept that we’re going here with scripted.
Tim Baker, CFP®: but
Tim Ulbrich, PharmD: But scripted, as I
Tim Baker, CFP®: also,
Tim Ulbrich, PharmD: has historical significance for
Tim Baker, CFP®: yeah.
Tim Ulbrich, PharmD: financial.
[00:14:00] Right? So tell us a little bit more for those that aren’t familiar about how Script Financial came to be and what really led you into this space to begin with that eventually would be your financial pharmacist and now what we’re doing with YFP Wealth.
Tim Baker, CFP®: So a lot of people often ask me, like, why, like, how did you end up working with pharmacists? And, and it was kind of by accident really. Um, you know, before I left my last firm and started Script Financial, you know, the, the thing that I was hearing a lot, which I think is still even true today, was, you know, kind of find a niche and really, you know, hone your services to that niche and.
You know, where I was at in my life at the time. Um, one of my good friends in the world, you know, had married a pharmacist and became a client of, of mine early in my career before I, I launched my firm and. They referred me out and I was just working with a lot of pharmacists and I kind of [00:15:00] just fell into that.
So I, I was hearing a lot of the same type of money issues from this group of people. And when I started to think about the idea of just starting my own business and then thinking about like how, like who would I would service? I just looked at the clients that I was working with already that were primarily pharmacists and I’m like.
Maybe this is the group that I should, I should work with. Right. And pharmacists are often thrown in with physicians or dentists. Um, you know, and there’s really not, I mean, there are, I think there’s others now, but there really wasn’t at the time. Other financial planning firms that was exclusive to that.
So I just decided to jump in and learn everything that I could about the profession and, you know, listen to podcast and,
Tim Ulbrich, PharmD: and,
Tim Baker, CFP®: just everything that I could to kind of get on the same wave wavelength, um, and understand what they were going through, not just financially, just but in life, right? And just what they, what they experience, and, um.
Yeah, that really kind of, [00:16:00] I think if I didn’t have that, I don’t know if I would’ve left my firm, you know, as early as I did. Um, but I think with that vision, I decided to, to go out on my own. And I, I start, started script financial, which probably would’ve been late 2015, early 2016 when I, it was kind of officially ready to go.
Um. And yeah, that was the, that was the early, and, and to be honest, Tim, like if you look at the script, financial, you know, in the, in the, the r in the script was an, like an rx.
Tim Ulbrich, PharmD: Mm-hmm.
Tim Baker, CFP®: there was definitely that kind of like hidden, you know, meeting in it. And, and I wanted to clearly show that I was going after pharmacists or marketing to pharmacists.
Our, our colors were, you know, green and black and I think, uh, green is a pharmacy color. Um. And, um, yeah, and, and I thought that if this didn’t work out, I could drop the RX and just use script financial, um, because, you know, we talk about like, you know, what you’re talking about as like [00:17:00] a, a written plan and, you know, scripting your, your money is not, not necessarily pharmacy.
So I was kind of maybe not putting all my eggs in one basket, but um, yeah. Stove in and thousand cups of coffee learned as much as I could from pharmacy context that I had and, and then eventually stumbled into you. Um, but that was the early kind of, you know, makings of, of script financial. And then, uh, YFP came along and then, you know, that was kind of the next, next chapter in the story.
Tim Ulbrich, PharmD: It’s interesting as I think about that Tim here, 10 years later, you know, the, the reality of of pharmacists ’cause, we’ll, we’ll still occasionally get the question of like, well what is, what is the value of you working pharmacists specifically? And yes, yes, I’m a pharmacist, but like, why is that important?
Right? Why is that relevant? And you know, one of the things that we consistently see and hear over and over, go over again is that, you know, I’ve shared this before, there, there is nothing. New under the sun, relatively speaking, when it [00:18:00] comes to financial planning, financial literacy, financial education, right?
These topics have been talked about ad nauseum over
Tim Baker, CFP®: Many decades,
Tim Ulbrich, PharmD: decades and many
Tim Baker, CFP®: 5,000
Tim Ulbrich, PharmD: many resources, and so, so many
Tim Baker, CFP®: that we talked about.
Tim Ulbrich, PharmD: people can learn in a non pharmacy way in, on, on their own and, and in a lot of different
Tim Baker, CFP®: So what I heard from
Tim Ulbrich, PharmD: so many
Tim Baker, CFP®: so many that by.
Tim Ulbrich, PharmD: by bringing it. To a pharmacist from that perspective and having experience working with other pharmacists, understanding some of the commonalities, the challenges that they face, um, and how they’re able to work through those brings this topic to life in a way that it maybe wasn’t before.
Tim Baker, CFP®: And
Tim Ulbrich, PharmD: And here we are 10 years later, still speaking right to the niche of pharmacists for many of the same reasons for how you started.
And, and I think that still holds true today, that. Again,
Tim Baker, CFP®: talk about.
Tim Ulbrich, PharmD: about Roth
Tim Baker, CFP®: We
Tim Ulbrich, PharmD: or we
Tim Baker, CFP®: about
Tim Ulbrich, PharmD: about building a retirement patient. All these things have been talked
Tim Baker, CFP®: talked about
Tim Ulbrich, PharmD: [00:19:00] and there are lots of resources
Tim Baker, CFP®: there.
Tim Ulbrich, PharmD: but we can, when we can share it in the context of the experience of working with pharmacists as clients and going through these and what other pharmacists are facing, and so it connects with them in a way that helps the topic come to life. And then we can take action because it’s, it’s now taken on meaning in a different way. when it matters. Right? That’s when it matters. And, and I think that that niche aspect, working with pharmacists and you know, we’re not shy about it. Like we, we, we know and understand pharmacists inside and out.
We’ve been working with pharmacists for over a decade. The myriad of clients we’ve had at all different career stages, all different challenges has allowed us to have those experiences that we feel comfortable and confident in meeting people where they are,
Tim Baker, CFP®: Unique
Tim Ulbrich, PharmD: unique way, but also being able to draw on that experience from working with other pharmacists.
Tim Baker, CFP®: And there, there’s some technical things, like if we’re working with a, you know, a hospital system that we have a lot of client like that helps us, you know, from an insur, you know, evaluated insurance or 4 0 3 Bs or retirement, like all those things kind of gives us [00:20:00] advantage that sometimes if you’re working with a, a generalist, they kind of have to reinvent the wheel every time.
Um. Yeah, there’s someone, but I would also say, Tim, that like some of our best clients are not pharmacists. Like we work with, we work with non-pharmaceutical as well. It’s just that the, you know, the, the, the content that we put out is focused on pharmacists and wealth, right? And that’s, that’s really the, the focus of this podcast.
But we don’t, we’re not, you know, we’re not gonna turn people away, especially if they have the, the urge to work with us and, and, and, um, because they’re not a pharmacist. But, you know, I. I would say the overwhelming majority of our clients are pharmacists. And you know, a lot of people it could just because, because be because of the name, um, our name.
But a lot of people, like when they come and talk with me, a lot of ’em think that I am a pharmacist because I can at least understand, you know, every, every profession I think has like alphabet soup and different lingo, and I know what they’re saying because I’ve talked with so many [00:21:00] pharmacists and I’ve kind of immersed myself as much as I can.
Um. And I think there’s, there is a, you know, there is a feel and a comfort there that, you know, hey, this person speaks somewhat the same language, but does it hamstring us? Maybe, maybe there’s a population of people like, oh, they just work for with pharmacists. Or, um, you know, maybe it doesn’t necessarily connect with a spouse of a pharmacist, I don’t know.
But you know, if there is a niche out there that. You know, at least early in my career that I identify as like, hey, there’s a little bit of blue ocean, meaning there’s not a whole lot but competition, and I think it’s an underserved. Um, you know, population of people that I do think needs comprehensive wealth management services.
That was really the genesis of why I kind of, you know, stake my career or my business early on and it’s worked out right. I think the proof is in the pudding. We’ve been doing this for a decade, you know, we’ve helped hundreds and hundreds of clients over the years, one-on-one. And, [00:22:00] um, yeah, it’s a good, it’s a good feeling and I think, you know, I’m really excited about, you know, the next chapter and, and, and where we’re going.
Tim Ulbrich, PharmD: When, when do you get your honorary doctorate degree in pharmacy, by the way.
Tim Baker, CFP®: I feel like I should have it by now. I don’t know.
Tim Ulbrich, PharmD: um, so we, we’ve talked about several of the pieces of the names, again, scripted wealth, money, meaning for pharmacists. We’ve talked about scripted, we’ve talked about money, meaning we, wealth, I wanna define further, right? That term’s thrown around a lot. It can carry some baggage. I think interpretation and, and setting the tone here is really important for the direction we’re taking. know, at the show and, and when we talk about wealth with our clients, we’re talking about quantitative wealth and qualitative wealth, right? So quantitative wealth would be, we’re looking at our income, we’re looking at our net worth, we’re looking at our investment counts, right? Money in the bank and the trajectory that we have, you know, quantitatively, but equally important.
Tim Baker, CFP®: And what we’re,
Tim Ulbrich, PharmD: we’re adopting here in this definition of wealth is, is the qualitative side.
Tim Baker, CFP®: and.
Tim Ulbrich, PharmD: you know, we ask pharmacists and we really dig deeper through what we call our script, your plan process of [00:23:00] our financial planning service. When we ask some of the bigger questions around why do we care about money and what, what, what’s the purpose of the money that we’re saving?
What are we trying to do? What do we accomplish? Tim, my experience as it typically comes down to things like time and options with time, flexibility, being able to pursue hobbies and investing in relationships, right? Purpose travel, the, these are the types of things that we start to hear that go beyond the X’s and O’s and the quantitative side of the financial plan.
Tim Baker, CFP®: Yeah. And you said, you said equally and, you know, equally as important. I, I might challenge that, Tim. I don’t, I, I, I don’t know if the quantitative, and this is coming from a CFP, a financial planner, I don’t know if the quantitative is equally important. I would, I would argue that the qualitative stuff is, is more important now again.
I think it’s a matter of perspective, right? If you feel like you’re, you’re way behind on, um, you know, the quantitative stuff in retirement, you might roll your eyes at that.
Tim Ulbrich, PharmD: guy
Tim Baker, CFP®: you know, I, it, it goes [00:24:00] back to this whole idea of like, you know, we are here for a finite amount of time. Um, and, you know, we really want to make the most with the time and the resources that we have.
And, you know, I think often the scripture plan and that process that we take clients through those conversations are, I think, so much less about dollars and cents and so much more about. Purpose and meaning and you know, uh, like if I didn’t have to necessarily work, like these are the things I would do or if I was work, like this is how I would augment my life or whatever.
Um, and I think that’s where we actually make the most of our impact, right? Like, I think anybody, and I think eventually this could be true, that
Tim Ulbrich, PharmD: that,
Tim Baker, CFP®: a lot of the technical things.
Tim Ulbrich, PharmD: skills,
Tim Baker, CFP®: You know, that you can do with your money, it it, they’re, they’re gonna be
Tim Ulbrich, PharmD: we’re gonna be
Tim Baker, CFP®: commod commoditized away. They’re gonna be AIed away.
Tim Ulbrich, PharmD: way,
Tim Baker, CFP®: But I think the melding of that with bringing [00:25:00] purpose and meaning to your money will always require, or for a while, will require a human touch, um, to really, you know, ask the question.
Like, Hey, is this what we still want to do? So.
Tim Ulbrich, PharmD: So
Tim Baker, CFP®: I think wealth to your point, like when I, I remember going back and um, you know, I was going through some different logos and names and colors and, a lot of, a lot of people then didn’t really like wealth because it was a little bit too bougie.
Um, so I went with financial, but I think wealth actually captures kind of what you’re saying. Like when you think financial, you’re thinking X and X’s and o’s insurance and investments, dollars in an account with wealth, you know,
Tim Ulbrich, PharmD: know,
Tim Baker, CFP®: the, the richest man on earth.
Tim Ulbrich, PharmD: me down.
Tim Baker, CFP®: Elon Musk is very wealthy, but he could also be very poor in a sense of like, his family doesn’t like him.
Again, I’m conjecturing right now, but like, you know, he could be very poor or not so wealthy [00:26:00] in that sense. So I think wealthy encapsulates that quantitative and qualitative thing that, you know, you kind of put on equal footed. And I maybe even say the qualitative things are, are, are even more important.
You know, when we look at, when we look, you know, back on things. So, um. I think it’s a, you know, again, we, we, we use wealth with our, with our rebrand with YFP and I think it, it, it captures what we’re really speaking to, which is, is not just ones and zeros in the bank account. This is really a. A more holistic picture of your life and connecting your life and, and, and your purpose and meaning and the passions to your money.
And I think that that term wealth does, does a better job than just financial or something like that.
Tim Ulbrich, PharmD: Tim, at the risk of being redundant, and I was thinking of an example just from this week. I had a conversation with a, a couple that is three-ish years out from retirement,
Tim Baker, CFP®: [00:27:00] Yeah.
Tim Ulbrich, PharmD: early sixties. Um, done a good job of, of saving, have a strong pension so they got a good floor of income, have some good assets, otherwise, um. And, and when really we started to dig, dig deep into like, well, well, why are you reaching out? Right? Why, why are you reaching out to a financial planner? Where, where’s the help needed? There definitely was some technical things like, you know what, what’s the balance of Roth traditional brokerage accounts?
And you know, do we need to do Roth conversions? What’s the withdrawal strategy? How do we build a retirement paycheck, doing a tax
Tim Baker, CFP®: All
Tim Ulbrich, PharmD: All really, really important stuff. Right? But as I asked more questions, what was really behind was, you know, kind of two different money philosophies. that was a, Hey, I really wanna enjoy this time in retirement and travel’s really important to us, and I wanna take five, six trips a year. And you only live once, right? I don’t, I don’t have a goal to pass
Tim Baker, CFP®: economic
Tim Ulbrich, PharmD: I don’t have a goal
Tim Baker, CFP®: now.
Tim Ulbrich, PharmD: nest egg when I leave. Like, let’s enjoy what we have. then the other is, was a little bit more of a, a type of [00:28:00] personality of like, value those things, however, I’m also wanting to make sure that we’re. Taking on appropriate levels of risk. We’re, we’re, we’re not spending down all our savings. Kinda that fear of running out. Right. I think when you, we talk about this balance of quantitative, qualitative, it’s, there’s a lot of quantitative work that needs to be done. Yes. In the financial plan, uh, that is important work, but also overlaying that to support I’m hearing is very much of that living the rich life in retirement.
So can we develop a plan Answers all of those technical questions so that we can feel confident and comfortable and at peace with living that rich life in retirement without some of the questions and the anxieties and the emotions that are coming underneath that. And so that’s just one example.
But you know, you, you, you can Google. How do I take these assets and what, when do I do Roth conversions, and what about this or that? But you know, to your point, the commoditization of that is very, very real. But [00:29:00] that’s really where you start to strike the balance of the two of those. And then how do you navigate that with two different people?
So valuable? Because when we look back, when they look back in 30 years, they’re not gonna remember the Roth conversions. Right? They’re gonna, they’re gonna remember the trips
Tim Baker, CFP®: right.
Tim Ulbrich, PharmD: take those trips, feeling comfortable, confident, and secure, that they weren’t gonna be running outta money financially.
Tim Baker, CFP®: And I also think, you know, something that can’t be understated here, and you kind of talked about it like navigating both of those kind of money personalities is sometimes like, so if I’m, if I’m spouse A and I’m the yolo, take six trips, I’m not worried about, you know, spend it, you know, die with zero and I’m saying, hey, we can do this.
The source. For sp, like the source of that information for spouse BI think is important. Meaning like if that comes from like a third party that has the client’s goals and balance sheet and best interest in mind, I think that’s a little bit more palatable to take [00:30:00] to say like, okay, this third party with the math is saying not that the spouse A is not, you know, not won’t be forthright, but I think like, like if I say something.
And I’m like, I feel passionate about it. It might not go over the same way as like if Fred or Ann, my, you know, financial advisor says the same. It’s the same thing. Um, so I do think that that that plays a lot. And that’s why I often, I say like, Hey, I’m a financial planner but I need a financial planner.
’cause I need someone to objectively look not just my, like me, but me and Shea and our collective goals, our collective balance sheet and say, Hey, this is the bath best path forward. Not it be. Tinted by, you know, I’m more of the saver in our relationship and Shea’s more of the spender, which I think that balance is actually a good thing.
Right? So, um, yeah, I’m right there with you. I think, I think that’s, that is really the value of, of, of working with a third party too. [00:31:00] Yeah.
Tim Ulbrich, PharmD: Let’s shift gears, Tim, and talk about the connection between the, the podcast name changing. where we’re going as a company, right? These two things, obviously very, very connected. You know, as you said, we’re not being shy, uh, as this is an opportunity for us to, you know, re recruit clients into the services that we, we offer, um, to get to know us a little bit more along the process as well.
But part of the goal with the renaming of the podcast is to align. the transition that we’re making as a business, and in case people missed it, we renamed your financial pharmacist to YFP wealth. Um, we spent the better part of a year kind of beating up many iterations of why are we doing this?
What, what’s the right name? The color is the look. We got a new website. All the good stuff. it was a big decision, right? I mean, it, it it’s part, partly our baby. Um, you know, even though we, we’ve obviously you started script and, and we merged and we had your financial pharmacist and, you know, we fell in love with the brand and the colors and there’s a little bit of like a, uh, should we [00:32:00] have done that?
And you know, is this the right direction? But when we think about the evolution, right, starting in 20 15, 10 plus years later, know, when you and I started, even started the podcast, the phase of life that we were in. Was very different than it is now. We’re now both early forties, our kids are getting older. We’re kind of ourself, I think more in that mid-career bucket where, hey, we’re past some of the more early foundational challenges and opportunities from a planning standpoint. We’re not yet budding up against retirement, but we can, we can feel it. It’s a little bit closer in the horizon. Um, and so our own financial plans. Have evolved, but so has the business. And so it just seemed like the time was right that we evolved not only the, the podcast name as we’re talking about, but the, the business evolved from your financial pharmacist to YFP wealth to better represent really the work that we do, the bread and butter of YFP, which is our one-on-one. Fee only comprehensive financial planning with investment management [00:33:00] service and, and our mission to the education is unchanged. We’re gonna continue to do this podcast. We, we, we work with many organizations, including the American Pharmacist Association, state Associations, other nationals, many colleges, fellowship programs to do financial wellness literacy.
We will continue to do that, but what we have seen through the first 10 years is the greatest impact and opportunity that we have is really on the one-on-one. Basis in terms of the impact that our team the financial planning can have to move from the education to the implementation and the execution part of the financial plan. And so just give your thoughts a little bit on sort of this evolution we’re we’re making from your financial pharmacist and to YFP wealth and some of the motivation and the direction of, of why we decided to go this path.
Tim Baker, CFP®: Yeah. So as you’re talking through that and kind of reflecting on 10 years, I’m just like, I don’t know if admiring is the right word, but I’m looking at the, like the gray in my beard and how much more prominent that is now than it probably was 10 years ago. And [00:34:00] um, yeah, I think, I think one of the things for me that I think of the rebrand and one of the purposes is like.
Your financial pharmacists started as like a blog that you started, you know, before we met and, you know, script financial is what I, and we, we decided to go with your financial pharmacist. I think just because of the, you know, you, you are and have, have always been kind of more of the face of the organization.
That was your brand. I think you built a lot of goodwill and a following and you know, I was, I was working with clients, but not so much, you know, I wasn’t as. Publicly facing, I think as, as as you were. So I think it made sense to kind of fold everything into the YFP brand. But I think what that did, um, you know, mistake not mistakenly, but what it did was, is that when you go from script financial to your financial pharmacist, what is your financial pharmacist like?
You hear that and you obviously, you, you think of it as something that is [00:35:00] pharmacy related, but. You don’t really know what it is. Right. And, and I think the, the maturing of the brand 10 years in, I think really wanted to kind of keep our roots. So kind of if you know, you know, YFP, but add that moniker of wealth to kind of more, I think it more aligns what, what with what we do, which is to your point one-on-one fee only financial planning for pharmacists nationwide and.
You know, I think that for a long time in our history, you know, on our Facebook page or or wherever else, people would be like, Hey, love you, YFP, like I’d love to hire a financial planner. Like, where should I go? And we’re like. That’s what, that’s what we do. Like, that’s, that’s actually what we do. And so I, I think it’s a little bit of, um, you know, kind of solidifying that a little bit more of like, we are a wealth management firm.
Um, [00:36:00] we can do A to Z financial planning, not just investments or sell new products. We don’t sell products, but, um. Really A to Z and I think it does, you know, I talked about it wealth being a little bit of a bougie term. I think it encapsulates what we talked about in terms of the quantitative and qualitative, but I also think it’s more of, um, a term that I think insights a little bit more of a mature brand.
And I think our colors and our, just, our look is, is, it kind of aligns with that. Um. So I think that’s, that those are some of the, the, the big reasons for the change. Like I said, I, I, I said to you early in the process, I’m like, man, I really like our logo. I really like our colors. I don’t know if I’m gonna like anything as much as, as that, and I think I do.
Um, you know, I, I, I kind of, I really love that part of our history. The first, you know, zero to 10 years. But I’m, like I said, I’m really excited for 10 plus and just the look and the feel and, and where we’re headed. And to your point, like, yeah, we are in a different phase of life. Um, you [00:37:00] know, you have a teenager that’s gonna be driving in a year.
I, I still, you know, I have a, a, a pre-teen, but I also have a, a young one. And um, but life’s a little bit different, right? Like, um. You know, things are, things have changed and I think a lot of the clients that we are starting to work with are, you know, they’re kind of changing as well. And, you know, we work with all types of pharmacists, but our, our focus has changed a little bit in, in that, in that regard.
Tim Ulbrich, PharmD: Yeah, it’s in, I dunno why I’m surprised, but as we’re talking here, like what’s coming up for me is. Kind of a split feel. I, I don’t know if sadness is the right word. I, I think it’s more of a, a gratitude and appreciation, um, but also an excitement and feelings of anticipation of kind of where, where things are going and have been moving. you know what, what I was reflecting back on Tim is to your point about starting as a blog, the first blog was chronicling Jess and I’s Journey Paying off $200,000 a Student Loan Debt? That was the first blog post and.
Tim Baker, CFP®: I remember.
Tim Ulbrich, PharmD: remember vividly [00:38:00] sitting down to write that and, and my only goal was, hey, if, if I can share a little bit about my journey and, you know, some of what I learned and kinda the feelings I felt in that and how we’re able to work through that, the highs and the lows, and got through it and a way that it resonates and relates with other people and maybe gets them excited about this topic or open and talking about that topic, that that was the goal. Right. That was the goal. And, and a lot of that, to be frank, are things I still enjoy doing. Now, if I can speak or write or, you know, we can talk about something on the podcast, it gets somebody going on their own financial plan. Sure, I’d, I’d love for them to work with us one-on-one, but if that’s not the case, like I get excited that they’re taking action.
Right. And they’re motivated on that. Um, and that led to some speaking opportunities and then eventually wrote the book. And you and I started the podcast and it kind of took on a life of its own, but it wasn’t reflective of where we are today. Both where
Tim Baker, CFP®: I today we lot
Tim Ulbrich, PharmD: our team is today, where our client base is today, and where we’re going in the future. Um, [00:39:00] and you know, again, when I think
Tim Baker, CFP®: five
Tim Ulbrich, PharmD: 500 episodes,
Tim Baker, CFP®: of,
Tim Ulbrich, PharmD: a lot of what I was working through early in my journey, right? We, we talked at nauseum about student loan repayment and debt repayment.
Tim Baker, CFP®: and I.
Tim Ulbrich, PharmD: and I think Tim, frankly, one of the things I’m, I’m really proud of is I think we’ve grown the vocabulary. A pharmacist around student loan. I mean, we have people now that’ll ask us questions that are fairly nuanced questions on student loan repayment. And I’m not gonna take all the credit for that. We’re not gonna take all the credit for that, but I do think there’s been large role that we have
Tim Baker, CFP®: I think we’ve moved the needle for sure. Like I, yeah.
Tim Ulbrich, PharmD: exciting,
Tim Baker, CFP®: Yeah. I.
Tim Ulbrich, PharmD: it’s amazing. Um, and so we talked about student loan repayment at night. We talked about budgeting and. Home buying and getting started with insurance and starting a family and all these things. And as we’ve evolved and our client base has evolved with us, right? The topics have become, I, I don’t wanna say more complex or nuanced, but they’re different, They’re different. It’s about the financial and emotional [00:40:00] readiness for retirement, not just the early years of accumulation. It’s not about, you know, grinding through student loan debt repayment, but it’s about. Saving for my kids’ college, you know, or, or, you know, making some of those bigger life decisions or, you know, spouse and, and two people kind of working through some challenges in the next phase of life that something brings and shifting from that mid-career to that pre-retiree, to the retiree and some of the big discussions. Even think about webinars you’ve led recently around optimization of social security and, you know, thinking about retirement income. And we’ve done all this work to accumulate and we’re now making sure that we’re taking advantage of that on the backend. And so. As we’ve evolved, we’re, we’re not abandoning right, the work that we did or the group that was there, but
Tim Baker, CFP®: All,
Tim Ulbrich, PharmD: evolving the education as we move forward. and I think it’s an important step.
Tim Baker, CFP®: the reason why I.
Tim Ulbrich, PharmD: why I say kinda that split feeling of anticipation, excitement and sadness is I’m, I’m excited the anticipation of, of the evolution of the content and the impact we’re gonna have some of [00:41:00] those mid-career to later conversations. Um, and, and the opportunities that are there is just. Incredible. It’s kind of another blue ocean within pharmacy, right, if you will.
Tim Baker, CFP®: But also.
Tim Ulbrich, PharmD: also like we’ve had this just awesome opportunity and impact for early career pharmacists where often the industry leaves them out to dry. Right. The, the industry isn’t built to serve. A early career practitioner where typically there’s a ton of need, right?
It’s you’re stepping into this income, finally, you’re, you’re trying to navigate debt, you’re buying a home, you’re starting a family. You’re getting started with investing. All these things are coming at you. You need help. And the industry typically isn’t there. And we feel like the education that we’ve done has served an important role for that group, will continue to serve an important role for that group while we also evolve, you know, on this journey for pharmacists that are a little bit further along in your career.
Tim Baker, CFP®: Yeah, and I think I, I think what we’re seeing a lot too, you know, with um, kinda that [00:42:00] mid-career type of pharmacist is probably a lot. Probably there’s, I would say there’s less like the house is on fire and more, am I doing everything that I need to do to optimize my situation? And that is a kind of a different starting point.
Right? And you know, that’s not to say like one is better than the other, but often if you get 10, you know, 15 years into your career, things are a little bit. Less, um, you’re getting pulled a little bit less, at least financially, like you’re, you start to kind of wade into those waters of like, okay, I’m, I’m saving for my retirement, but then I also have kids’ education or their activities or, you know, if you own a home now you’re trying to maybe do updates and things like that.
So there are, there are, but it’s, it’s a different, it’s a different set of chaos. Like, like, like. Uh, problem set. And you know, I [00:43:00] think the conversations that we often are having is, like, for some people things are on fire. Like, Hey, we’ve neglected this for the first 10 years and now we’re trying to figure it out.
But sometimes it’s more like, how can we better optimize? So it’s kind of the work smarter, not harder, you know, whether it’s. How we’re invested or, or tax more, you know, more robust tax plan and some of the tech more foreign technical things. But it could also be like optimization, just with really focusing in or, or snapping into focus, like the money and meaning of your money and how it relates to your life and getting off that autopilot.
I, I, I, I really think that, you know, whether it’s a, a therapist, a financial planner, I, a priest, a pastor, whatever. I think having. Someone ask you those questions of like, is this really what you want? Um, is really valuable. ‘ cause again, like, like we talked about at the beginning, you know, there’s so many ways for us to get distracted and just to [00:44:00] kind of just get into the, the day to day of things that we wake up and a decade is gone.
I think that’s the beauty of a financial planner is to kind of, again, you know, just take the asthma check of like, Hey, are we on the right head end? And if we’re not. Let’s change. So I think for a lot of those mid-career, it is kind of an optimization play as well. It’s like, okay, maybe that idea, like there’s so many people that, you know, in their twenties and thirties, they’re like, I’m never gonna be able to retire.
And then they work 10 or 15 years. And if they’ve built a, a good solid foundation, which hopefully they have either by working with us or, you know, listening to what we, we, we’ve been espousing for the last 10 years. It’s like, well. Maybe 55 or 60 or six, you know, 65 is more realistic than, Hey, I’m never gonna retire, which is I, which is something that, you know, I’ve heard verbatim for the last 10 years.
Um, so again, it’s, it’s, it’s, it’s a change, but I think it’s a good change and, you know, the education is not going away. Um, but, you know, [00:45:00] just our direction a bit is gonna change in terms of not just the podcast, but also the, um, you know, the, the clients that we’re working with.
Tim Ulbrich, PharmD: And so really I, you know, I think as we sort of sum this up, the, the education is gonna reflect the evolution of what we’re doing with the business, right? From our one-on-one planning and who, who we’re working with and what we’re focused on, and the education that said, you know, to the comment of not abandoning those that are earlier in their career.
You know, Tim, I was thinking about. You know, when I first started investing in real estate or you know, the business journey that we’ve been on, I found it so valuable to be learning podcasts, books, resources, from those that were. phases ahead,
Tim Baker, CFP®: Right,
Tim Ulbrich, PharmD: So I, I, I might’ve been trying to focus on buying the first property, or we were in the very beginning stages of the business, but it was so helpful to hear, you know, someone that was three or four steps ahead of that.
And I think the same concept is true here, that, you know, for someone who is maybe a new graduate or five or 10 years out and we’re talking about a,
Tim Baker, CFP®: the
Tim Ulbrich, PharmD: [00:46:00] strategy
Tim Baker, CFP®: side.
Tim Ulbrich, PharmD: or social security optimization. There’s value in learning and beginning to think about those things and you know, even starting to think about the design of some of the plan, whether those decisions are near term or even further off, you know, into the future, uh, as well.
I love what you’re saying too, about the. I think you’ve been calling ’em autopilot, you know, sort of moments. I, I’ve been thinking about ’em as ruts. Like we get in
Tim Baker, CFP®: Yeah.
Tim Ulbrich, PharmD: financially, true in many, many parts of life, but we get in these ruts. And our hope with this podcast and why we wanna move beyond just the X’s and Os is to help inspire people out of the ruts, if you will.
Right. So, you know, you said it perfectly, whether we’re talking about. Designing a retirement paycheck, whether we’re talking about tax strategy, conversations, social security optimization, you know, whatever it might be. It, it, it’s taking those concepts and bringing both the quantitative and the qualitative aspects to those, right? So if we’re talking about timing of social security withdrawals, very important technical [00:47:00] decision to be made.
Tim Baker, CFP®: We have a.
Tim Ulbrich, PharmD: right alongside of that technical decision and conversation has to be. Well, why are we doing that? What, what, what is the paycheck we’re building in retirement trying to support, and does all of these different pieces of the puzzle come together as we’re building that plan?
So, we’re gonna talk about a lot of those topics. And again, sometimes it’ll be X’s and O’s. We’re gonna bring in real life stories from pharmacists. You’re gonna hear a lot more from Tim and I together. We’ll talk about maybe decision frameworks. We’ll get into con content, uh, specific to some of the technical topics.
But our desire and goal. the name of the, so show suggests is that we’re gonna bring both aspects. Yes. The, the quantitative side, but also the qualitative side of the financial plan as well, which I think Tim, to be frank, is just too often left behind in the industry. And so that’s a, a big role that we feel like we can play.
Tim Baker, CFP®: For sure. Yeah. You know, I don’t wanna say it’s malpractice, but it, it’s malpractice. Like there, you know, I come across so many pharmacists that I’m like, Hey, I was sold this policy, or I was invested this way. And there was really [00:48:00] never a, a deep dive on what does the balance sheet look like, or, or what are your goals?
And, you know, it’s, it’s like trying to treat a patient without actually talking to them or looking at a chart. So to me, those two foundational, you know, that’s kind of the first two stops in our. In our roadmap is like get organized, which is kind of looking at the assets and the liabilities, the net worth, and then, and then kind of doing a deep, deep dive in the scripter plan, which is like, okay, what are the things that matter to you most?
And, you know, asking a series of questions. I think we need to do that before we do anything that’s remotely related to planning. And yeah, I think it’s, uh, often forgotten, but very foundational to the whole process.
Tim Ulbrich, PharmD: So, Tim, I think this might be the official goodbye, uh, to the Your Financial Pharmacist, uh, podcast. Uh, we published our, our last episode just a couple weeks ago. Um, and again, those episodes are gonna be available anywhere. You would’ve found the Your Financial Pharmacist Podcast. You’re gonna still be able to find those old episodes. Uh, [00:49:00] but from here on out, every PO episode coming out is gonna be scripted wealth, money and meaning for pharmacists. And, uh, we’re really excited for this journey and, uh, hope that you’ll join us. For future episodes and also help us spread the word, uh, as you can share this with colleagues, friends, family, and again,
Tim Baker, CFP®: Us a review. Yeah,
Tim Ulbrich, PharmD: Absolutely non pharmacists, uh, as well. So that’s the official goodbye, I think, to the Earth Financial Pharmacist Podcast. There it
Tim Baker, CFP®: yeah. Um, turning the page. Feeling good.
Tim Ulbrich, PharmD: Turn to the page. Awesome. Great stuff, Tim. And, uh, we’ll be back at it here in a couple weeks.
Thank you so much for listening to this episode of Scripted Wealth, money and Meaning for pharmacists. If you enjoyed the conversation, be sure to subscribe. Leave us a rating and review and share the show with a friend or colleague. It really helps more pharmacists discover the show and join us on the journey toward living a rich life today and tomorrow.
And if today’s episode got you thinking about your own financial plan, retirement goals, or what a rich life means for you, we’d love to help. You can learn more about our fee only comprehensive [00:50:00] financial planning services by visiting y fp wealth.com. And finally, an important reminder that the content in this podcast is provided to you for informational purposes only, and is not intended to provide and should not be relied on for investment.
Or any other advice, information of the podcast and correspond materials should not be construed as a solicitation or offer to buy or sell any investment or related financial products. For more information, you can visit yfp wealth.com/disclaimer. Thanks so much for listening. Have a great rest of your week.