Listen Now:
The Smart Take:
Each year, about two-thirds of Americans plan on making a financial-related New Year’s resolution for the year ahead, with just over 80% of them bailing on that resolution before January ends. Don’t bail on your financial resolution!
Join us on this episode of Retire Smarter as Tyler Emrick, CFA®, CFP®, gives easy and actionable suggestions for what financial goals should be a part of your financial New Year’s resolution to overcome the odds and put yourself in a better financial situation in 2024.
Here’s some of what we discuss in this episode:
- Personal finances can be overwhelming, which is why so many people make it a priority to start the year.
- Start with getting a handle on where your money is going.
- Why it’s important to revisit your investment strategy.
- Don’t overlook the housekeeping items that sometimes get forgotten.
- Identify where you want to go and then build goals that help you achieve that.
Learn more about the Retire Smarter Solution ™: https://www.truewealthdesign.com/ep-45-retire-smarter-solution/
Sign up for our newsletter on our podcast page: https://www.truewealthdesign.com/podcast/
Have questions?
Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth’s CFP® Professionals.
Subscribe:
Click the below links to subscribe to the podcast with your favorite service. If you don’t see your podcast listed with your favorite service, then let us know, and we’ll add it!
The Hosts:
Kevin Kroskey, CFP®, MBA – About – Contact
Tyler Emrick, CFA®, CFP® – About – Contact
Episode Transcript:
Tyler Emrick:
Every year, about two-thirds of Americans plan on making a financial-related New Year’s resolution for the year ahead with just over 80% of them bailing on that resolution before January even ends. Don’t bail on your financial resolution. Today, I’ll give you easy and actionable suggestions for what financial goals should be a part of your New Year’s resolution to overcome the odds and put yourself in a better financial situation for 2024. All coming up today on Retire Smarter.
Walter Storholt:
It’s another edition of Retire Smarter. I’m Walter Storholt here with Tyler Emrick, Certified Financial Planner, as well as a chartered financial analyst at True Wealth Design serving you throughout northeast Ohio, but also all throughout the country. You can find us online at truewealthdesign.com.
Great episode today as we talk about those resolutions that often get discarded very quickly, especially our financial ones for some reason seem to get the boot even faster maybe than the health ones out there. So probably be a competition between the both. Before we dive into it, although Tyler, happy new year to you, my friend, and I hope all is going well.
Tyler Emrick:
Oh, yes, absolutely. Well, all is good on my end. We’re what, almost two weeks into the new year here? So getting into the groove and coming off a wonderful holiday. Hope your holiday was as well, too.
Walter Storholt:
Yeah, it was. Did you make it to midnight on New Year’s Eve and stay up late for all the good stuff?
Tyler Emrick:
Surprisingly, we did. That’s two years in a row for my wife and I.
Walter Storholt:
Nice.
Tyler Emrick:
Although last year was a little more fun with. We’re big Ohio State fans here, so they were playing in the title game this year. We weren’t lucky enough to make it, unfortunately. Another team that’s bitter rivals were in there, Michigan, so yeah, not quite as exciting New Year, but yeah, I still made it to midnight. How about you?
Walter Storholt:
You had to turn off your college football fandom for about two weeks, right?
Tyler Emrick:
I did.
Walter Storholt:
Just try to ignore what was going on.
Tyler Emrick:
I didn’t watch or read up on much of what was going on at all.
Walter Storholt:
That’s right. Yeah. I didn’t have to watch too much of the college football as I was distracted by water leaks in the house when we kind of got into the new year here. So we’ve had a very busy household with drywall getting ripped up, pipes getting replaced, and a little unexpected improvement happening around the house. But it’s all good. Nothing majorly damaged, just more annoyances than anything else.
Tyler Emrick:
Your New Year’s resolution was, “Hey, get the water leaks fixed in the house.”
Walter Storholt:
Yeah, it turned into that very quickly. I certainly didn’t intend for that to be the New Year’s resolution, but yeah, that’s what happened, too.
Tyler Emrick:
Yeah, it can’t be as bad as mine. So mine was around maybe eating a little bit better and I made it maybe one weekend. My birthday is early in January on the fifth, and we had some good friends come in town and they brought this chocolate toffee bark stuff and I just couldn’t keep my hands off of it. So literally, my New Year’s resolution did not make it two weeks into January before I kind of blew it up, unlike many, as some of the stats I guess we threw out in the intro, I think when I was doing a little bit of research for the pod, I think it was almost 80% or so bail on their New Year’s resolution before January ends.
Walter Storholt:
I certainly believe that.
Tyler Emrick:
I’m right in that.
Walter Storholt:
I certainly believe that.
Tyler Emrick:
I’m on the list.
Walter Storholt:
I had a burger last night, which may disqualify me from sticking with the healthy eating, but instead of getting fries as a side, I got broccoli.
Tyler Emrick:
All right. Good choices.
Walter Storholt:
That’s still a good improvement, right? And it was the lowest-calorie burger on the menu.
Tyler Emrick:
It is. It is. Well, and I always think those New Year’s resolutions evolve around, or at least for me and what seems like my close friends, around diet and exercise and all that good stuff, but a little bit of research found that there’s actually surprisingly a lot of New Year’s resolutions around finances as well. It seems like there’s study after study that comes out that just expresses how stressful a lot of families have a relationship with their money and kind of navigating around it. So heading into the new year, it’s top of mind on a lot of families list. So I figured today, hey, why not dive into a little bit of those resolutions and maybe give you some tidbits and maybe some things that we think are good things to have on that financial New Year’s resolution list? And maybe we can not be part of that 80% that gives up on those New Year’s resolutions before the end of January.
Walter Storholt:
It’s all very believable and especially when it comes to money causing stress, if you don’t think you have enough of it, then you’re stressing to get more of it. If you do have enough money, you’re stressing about how to keep it that way and how not to let that change back in the other direction. I’m sure we could think of all sorts of other ways that money stresses people out, but probably pretty universal that it is a main cause of stress, so no wonder people often will apply those New Year’s resolutions to their finances to try and eliminate or deal with some of that.
Tyler Emrick:
Sure. I think it’s important to maybe improve those odds a bit is to start small. It doesn’t have to be huge life-changing big tasks that you do. I mean, the first note that I had in here was just really start with trying to get a handle on where your money is going. I think it’s a good universal goal no matter where you’re at in your life. Years out from retirement, already into retirement, doesn’t matter. Having that basic understanding of just frankly, where are my accounts? Where is my money going? And getting a handle on that can add quite a bit of comfortability to your financial situation.
I can’t tell you how many times I come in and meet with families and they’re really just like, “Hey, I had to go digging for all my accounts.” I mean, the big ones are, hey, as you change jobs, how those old 401(k)s and 403(b)s can just kind of be lingering out there? And before you know it, you got two or three of them and they’re all at different places and you’re getting statements every now and again and you have different logins. I mean, it can very quickly become a bit overwhelming. There are a lot of families that find themselves in that situation, especially as they get a little closer to retirement.
Walter Storholt:
Yeah, it could be a lot of issues and problems. Where do you want to take today’s conversation? Do you want to make a New Year’s resolution list for folks? Maybe some of those bite-sized pieces that people could tackle? It seems very similar actually to losing weight and some of the other goals people set, right? Don’t set some grandiose goal necessarily. Start small.
Tyler Emrick:
Yes, absolutely. I think a checklist would be perfectly fine for us to set up the rest of the conversation today. The first part of that checklist is getting a handle on where your money is going and what accounts that you have. When we walk a new family through and start working with a new family, I guess is a better way to phrase that, we have what we call the Retire Smarter Solution, which is basically our process to walk a family through creating a financial plan and getting their arms wrapped around their financial situation. And a part of that, or one of those exercises we go through is what we call the Lifestyle Analyzer. And really the bullet points on that step of the process is to analyze current spending, create and rank future spending goals, and adjust for how your spending is going to change over the course of a long and healthy retirement.
That’s really big for someone who’s on the doorstep of retirement. So lumping all those three items in together, it’s basically saying, “Hey, where does your money go?” And I think some families or some individuals listening here might go, “Well, hey, I’ve got that Excel spreadsheet, it’s got my budget on it and I track it from month to month.” And we do have individuals that come in and have that and have a very good understanding of where their finances are going. And I look at that and go, “Hey, this is awesome. We can dive right in.” But there are just as many individuals who don’t take their budget that far. And really, I think when they hear the term budget and go, “Oh no, that doesn’t sound fun at all. I hate sticking to a budget.” I don’t know how you feel about the word budget, Walt, but I feel like it has sometimes a negative connotation to it.
Walter Storholt:
Yeah, some people don’t like that word, right?
Tyler Emrick:
No, not at all.
Walter Storholt:
It’s not a four-letter word, but it might as well be lumped together with that, right?
Tyler Emrick:
And it’s like, well, what can you do? Or how can you set yourself up for success? In the past, I’ve had individuals have success with using some of the software that’s out there, Mint.com, which I think is now Credit Karma. They linked up to a lot of your different bank accounts and can track a lot of that for you. There is some work that needs to be done to get that set up. For some individuals, that’s worked really well. Some families do a deep dive into their bank statements and credit card statements. Finding a way that works for you and that you can actually work through and get the numbers that you need is important. It doesn’t matter how you get there. It’s just, again, finding out a way that works for you. And obviously, we do quite a bit of this type of work for the families that we work with, and our process is a little bit different.
For a lot of those individuals, the way we look at it is we take a prior year’s tax return and use that tax return to say, “Hey, this is how much money that you had come in. This is how much you paid in taxes.” So kind of subtracting that number off. And then we start going down and just start identifying big expenses that we know you had or big savings that you did over that year, and really just start subtracting that number down and continually trying to get down into a number that we call your basic retirement living expense or basically a number that is what you need to support your lifestyle in a month in and month out basis. So again, to reiterate that, it’s like, “Hey, starting with the high-level number, what came in over the course of the past year? Let’s subtract off what you paid in taxes. Let’s subtract off what you saved inside of your retirement accounts, what went into maybe some of your other savings accounts that you’re doing. Let’s subtract out any big expenses that you know had over the course of the year.”
And again, just trying to get down into a bulk number that’s more of like a lifestyle. We found that to be very, very successful. I think that’s when you start looking at, hey, trying to tackle a challenge like this on your own, if you get overwhelmed with maybe creating an Excel spreadsheet or you’re like, “Technology is not my forte. I don’t want to go and get on a Credit Karma or a Mint.com or any of these other services that are out there to track some of that budgeting,” well if you’re working with a good financial planning team, they’re going to have the processes in place to lead you through that and make it as painless as possible.
And our process is, again, starting with that tax return and backing it down. The new year does bring tax season upon us all, so everyone will probably be tackling their taxes here pretty soon so that once those are complete, that’s a lot of the data that you need where you can start looking back and maybe getting a handle on those finances a bit.
Walter Storholt:
Yeah, it’s a great point. I’m sure this is the kind of resolution list that adds more resolutions to it the more you adhere to it and go through it because I can already hear one probably about taxes maybe coming up in the future, even if we don’t cover it on today’s show, right? Get taxes under control. That would be an easy one to then take to the next level after you’ve done that B word, budget.
Tyler Emrick:
You got it. Well, and another big one too, we talked a little bit about budget and getting a handle on where your money’s going, but the next one I think that gets thrown out quite a bit is really simply revisiting your investment strategy. When was the last time you took a look at your investments and took a look at your accounts? Some of the big items on the checklist here that I had was simply, “Hey, over the last 12 months have I gone in and rebalanced my account?” Surprisingly enough as we turned the corner into 2024 here, you look back to last year, the stock market had a pretty good year. The MSCI All Country World Index, which is just a general representation of the entirety of the stock market, it was up just over 20% last year. Obviously the year prior was pretty poor performance.
But all in all, individuals might be sitting at and looking at their account statements from year-end and go, “Boy, I have a little bit more in stock than I started the year with.” And the question becomes is have you made any changes to that for the upcoming year to make sure that that portfolio or those accounts don’t get too far out of whack?
Walter Storholt:
Yeah. It’s really helpful, I think, to not only find out where you are, but then you’re kind of taking into that next step of, although specifically talking about the investment strategy here, it’s that next step of saying, “All right, but is this appropriate? Okay, so I know where I am. Now is it appropriate for where I am and where I should be?” It’s kind of that next level before you then decide any sort of action.
Tyler Emrick:
It is. I mean, I think that’s a good segue, too, as you’re thinking about that investment strategy or that investment checklist. Well, have your goals changed? Do you have any major life events that are coming up that would warrant you changing your overall investment strategy? Maybe not goals, but even big expenses and understanding those big expenses, where are we going to pull that money from? Do we have that money set aside in positions that are maybe a little less volatile? I think it’s good to kind of take an inventory of not only, “Hey, have I rebalanced and should I rebalance my portfolio now?” But, “Hey, what’s the upcoming year look like and what changes and things are you trying to accomplish, and how can you best represent that inside of your portfolio?”
I think another easy item on that investment checklist is really just taking a look and saying, “Hey, what are the underlying investments that I’m using?” I was sitting down with a family earlier on just a week ago, and a lot of families put money in CDs over the last, say, 18 months with just how high-interest rates have gone. Some of those CDs families chose were just six month CDs, three three-month CDs, and this individual was no different. They had actually, at the beginning of last year, put their money in a six-month CD, which was paying a pretty decent interest rate at the time. I think it was in the mid 4% range. And that CD came due, but they didn’t re-up that CD and they didn’t do anything with the cash when it came due. So what happened was their money at the local bank just went right back into their checking account and it’s been sitting in there in the last six months earning them nothing, right?
Life happens. They made a very good decision potentially for them to make this investment choice. And then, hey, it ended and they didn’t necessarily have it on their radar and they were just now looking at it almost six months later and going, “Boy, I could have had that money invested or I could have had that money in another CD or whatever.” And that was a pretty significant opportunity loss for them. I think, again, as you’re kind of looking at these New Year’s resolutions, a lot of it is just creating good habits. And if you don’t have a financial advisor that’s in there looking at your accounts and kind of being efficient with some of these decisions because it’s amazing how little things like this add up all the time. It’s probably one of the biggest things that I see when I sit down with individuals for the first time and kind of just dive into their accounts and it’s like, “Well, I got a little bit of cash here. I’ve had this investment for a long period of time. I haven’t really looked at it.”
And it’s amazing how you make one decision, then you just kind let it ride. Life happens, and then you don’t kind of revisit it and make sure that you’re just managing your family assets efficiently. Very, very easy to do, Walt.
Walter Storholt:
Yeah, all great points. And it kind of goes back to what you mentioned earlier. You described these kind of as housekeeping items. Housekeeping isn’t glamorous, it’s usually not some major project, it’s not a major renovation. It’s just the little things that kind of keep the house moving forward and keeping it clean and efficient and getting your laundry done and transferring it to the dresser instead of living out of a laundry basket and the difference that… You can live out of the laundry basket, but you notice the difference when you get a little organized and you live like a normal human being as supposed to… And little things like that around the house that just keep things moving in the right direction. You can see that kind of at work here with financial life making the same impact.
Tyler Emrick:
Oh, absolutely. And we’re thinking about checklists, right? We’re trying to identify, as you’re listening to us here go through some of these options, it’s almost like pick the one that’s easy for you to jump on now so that way you can get it done and get it out of the way.
Walter Storholt:
You don’t have to start with the hard one, right?
Tyler Emrick:
Correct. Absolutely. And build yourself some momentum. And I think the next two things that I have on the list here are pretty easy, almost like, “Hey, check off, what do I need to do?” And I don’t know about you, but literally over the last three months, I feel like almost every family that I’ve talked to have almost come back and said, “Boy, my homeowners, car insurance, and casualty insurance, so that property insurance and casualty insurance has just gone up so much over the last couple years.” And it really wasn’t something that I think is on a lot of individuals’ radar. I don’t know about you all, but a lot of people, I feel like they have their insurance agent and they’ve worked with them for a number of years and it kind of is almost like, “Hey, I found someone.” And as long as nothing major happens, it doesn’t necessarily trigger them to make a change.
But I feel like in the last year, a lot of families have really felt the increase in those policy premiums this year. When I went back and, again, doing a little bit of research here for the podcast, it was very clear to me that, boy, that’s a phenomenon that’s happening to a lot of families. Homeowners insurance premiums went up an average of 21% from 2022 to 2023. Very similar story with car insurance as well.
And there are a number of factors to that. But if you’re someone that has been with your homeowners and car insurance agent for a long period of time and you’ve had these steady increases, it might be time for you to take a step back and start pricing out, well, what other options do you have in the area? I’ve had a number of families do that and save significant dollars on a year-in and year-out basis in their premiums. I had a family just do it and they saved $2,000 a year in premium payments across all the insurance that they had. And that’s not insignificant at all.
Walter Storholt:
No, not at all. No matter how much you make, that’s not insignificant.
Tyler Emrick:
Absolutely. So I think something little like that.
Walter Storholt:
It’s funny to mention that one by the way, Tyler. I literally got an email last night with updated policy information for the homeowners insurance plan as that gets ready to renew, and I’m scared to click on it.
Tyler Emrick:
Oh no.
Walter Storholt:
I don’t want to look at it.
Tyler Emrick:
I was going to say, that’s a good test. Did it go up? How much did it go up? But yeah.
Walter Storholt:
I’ll have to let you know next time.
Tyler Emrick:
No, hopefully, you’re a little better than the average. But as it is, I don’t know how some individuals feel, but I know myself personally, sometimes when I get those things it’s like, “Everybody must be getting it. It’s not worth my time to maybe go out and shop around the market. You got to call somebody. Who do I even start with? How do I find an agent?” That type of thing. I think why it comes up in my conversation is because they lean on us for a lot of those referrals and a lot of those networks in the local area to say, “Hey, do you have an insurance agent that I should talk to? Or should I work with a broker or should I go with an individual company like a State Farm or anything like that?”
We run into that question a lot and we have referrals that we can kind of send out to say, “Hey, here’s a list of individuals that you can kind of touch on and talk to that might be able to help you at least shop around.” And then our office can make that as easy as possible and make that transition and take some of that work off of our families’ plates.
So again, if you don’t have that, I mean I still think it’s worth it for you to maybe do a simple internet search and say, “Hey, property and casualty insurers providers in my area,” and then kind of go from there. I do like working with the brokers a lot of times, too, because they do work with a lot of different insurers so they can kind of shop around and really try to find the best rate for whatever meets your family’s needs. But at the end of the day, getting a second opinion, I think, is totally worth it no matter who you talk to. So review insurance property and casualty policies was one of the checklist items for a New Year’s resolution.
And along those same veins, estate plan updates, and have you updated your estate plan in a significant period of time? How outdated is that will? Is it over 10 years? Have you taken a look at it? Have things changed? And I was sitting down with a family last summer and they’re like, “Tyler, my kids are in their forties and I think our will still has a guardianship designation on there in case something happens to us, who’s going to take care of them.” But again, I think from an estate planning standpoint, that’s another one of those items that it’s kind, “Hey, I’ve done it a number of years ago. It’s maybe not top of mind.” But as things change in your life, reviewing those estate plans and getting them updated, I think, is a nice easy financial checklist that you can knock off and you can kind of tackle for the year and kind of start moving yourself in the right direction.
That doesn’t mean that you always need to get everything updated. It’s more so, “Hey, are my estate plans still appropriate? Does my will say what it should? Is my trust updated? Have I got healthcare directives and power of attorney in place? Have I gone through and updated the beneficiaries on my account? Who are my beneficiaries? Are they listed correctly? Has there been name changes?” Things like that. I think there’s a number of checklist items that you can kind of go down in there, but doing a little bit of a dive into what those estate plan documents are and taking a look at your accounts and making sure they have proper beneficiaries and transfer on death instructions is a good, good task that you can kind of set for yourself for the upcoming year to put you in a better financial situation.
Walter Storholt:
Estate planning sounds on the surface like a more daunting task than what would normally be in a housekeeping items list. But definitely, if we’re talking… I guess just the level of just checking in, right? We’re just seeing if there’s an issue or a problem. And then if the fix is more involved, well, then yeah, that’s fine. We can get into it, but at least the simple checks led us to that.
Tyler Emrick:
Correct. And it doesn’t have to be the entire estate update. Just going in and looking at all your accounts and saying, “Hey, does my checking account have transfer on death instructions to where if something happens to me, it goes to my spouse, and then if something happens to me and my spouse, does it go to my kids?” And same thing with those beneficiary designations. A big percentage of estate planning is just getting those transfer on death instructions and beneficiary updates appropriate and on the accounts and done in the right way. Same thing for the deed on your house or whatever the case is. How do you own that type of stuff? Then if you start going down that route and those conversations start to get a little more complex, or if you start asking yourself like, “Hey, is this really the way that I want it to happen? Or are there some things in here where I’d want to maybe have a little bit more control?”
Well, then you can start looking at saying, “All right, well, maybe I need to do a little bit deeper dive and maybe something like a trust or something else is going to be appropriate in my situation.” But until you start down those tasks and start having those types of conversations with you and your spouse and looking at how these things are registered, those questions will start to come to fruition and come to light as you start to dive into it a little bit more.
Walter Storholt:
All great points across the board. This reminds me of a couple of weeks ago when I was doing my regular maintenance checks down in the crawl space and found the puddle, and it was just a routine check but found a puddle. It led to a bigger problem, discovery of a leak. And before you know it, we’ve got cabinets ripped out of the kitchen and we’re renovating all of a sudden out of nowhere. But those things they pay off because that problem would’ve gotten a lot worse if I just said, “I don’t want to ever go down to the crawl space. It’s creepy down there.”
Tyler Emrick:
That’s a fair point.
Walter Storholt:
It’s an unpleasant task. But you know what? You take a look, look under the hood, make sure everything’s going fine, that preventative maintenance does pay off when you uncover things like that.
Tyler Emrick:
No, that’s a huge point. Because you don’t know what you don’t know, the old comment that’s come up many times on the podcast. But understanding that and getting a framework for where you’re at, I think, is important. I think that maybe is a good segue into maybe my last point because I feel like as I kind of finish up the list here, a lot of the list has been very task and financial-oriented, rightfully so. The first thing we talked about was diving in and getting a handle on where your money’s going and where your account is at. Then we shifted a little bit to the investments. Hey, looking at how your investments are allocated and have you done rebalancing in some of the housekeeping items there? Then what we just finished up with the estate planning and the review insurance property and casualty policy. So again, all of those were very financial and task-oriented.
Some listeners might be going and saying, “You know what? That’s more than I can chew. That’s more than I want to bite off. I want something a little bit different. What options do I have?” And I think for those individuals, another thing to look at as you look at 2024 is to say… And looking at this idea of trying to align your money and your wealth with what makes you happy and what provides you with enjoyment and fulfillment and making sure that your money is working towards those goals and what you’re trying to accomplish and how you want to live your life. I think just taking a step back and asking yourself the question of, “Hey, what would make my life amazing and how can I align my finances to meet that goal?” I can’t answer that question. I don’t know what would make your life amazing. Whether it’s, “Hey, I want to retire, I want to spend more time with family. I want to start a business. I want to travel more.” I mean, boy, the list can be endless, right?
Whatever the answer is to that question, then you will at least have that pie in the sky. You’ll have that light that you can start working towards. And every financial decision that you make over the upcoming year, you can always go back and look at it and say, “Hey, is this going to get me closer to that goal?” I think a lot of individuals and a lot of families that I sit with on a day-in and day-out basis, a lot of those initial conversations and thought processes are really just trying to understand and put pen to paper or put it into words, what do we want? What do we want to work towards? What will make our life better and how do we want to approach the next five and 10 years to make sure that the family is moving in the right direction?
And if at the bare minimum, if you can go into 2024 and start to think through that and get that idea of, “Hey, this is what I want to work towards. This is what I want to accomplish,” I think that’s a huge step in the right direction and then every financial decision going forward, as I mentioned earlier, can start to align and get you closer to that goal.
Walter Storholt:
It’s beautiful and makes a lot of sense, and I’m glad that we had this conversation today. I feel a little revved up and ready to go. We’re past the new year, Tyler, but we can always start some new resolutions. It doesn’t have to be new year resolutions, but new anytime. So yeah, if you mess up on a few of your ones to start the year, maybe now you can rededicate to a new financial resolution and pick up some of the little items that we talked about on the show today.
If it sparks you to want to have a broader, larger conversation about your financial plan with Tyler Emrick and Kevin Kroskey and the team at True Wealth Design, it’s very easy to set up that conversation. In fact, most relationships begin with a 15-minute call with an experienced advisor on the team to see if you’re a good fit.
All you have to do is go to TrueWealthDesign.com and click the Are We Right for You? button and schedule a time to meet. Again, go to TrueWealthDesign.com and click Are We Right For You? We’ll link to that in the description of today’s show as well. You can also call 855-TWD-PLAN. 855-TWD-PLAN. That’s the phone number version if you want to get in touch that way.
Well, Tyler, thank you so much. Welcome to 2024. Great first episode to start the year out, and can’t wait to see what you have on tap for us next time around.
Tyler Emrick:
Yeah, ready to go. Thanks for the time, Walt.
Walter Storholt:
All right, appreciate it. That’s Tyler Emrick, I’m Walter Storholt. Thanks for joining us. We’ll see you next time on Retire Smart.
Speaker 3:
Information provided is for informational purposes only and does not constitute investment, tax, or legal advice. Information is obtained from sources that are deemed to be reliable, but their accurate and completeness cannot be guaranteed. All performance references are historical and not an indication of future results. Benchmark indices are hypothetical and do not include any investment fees.
