Tim Ulbrich, PharmD covers 10 practical year-end financial moves to reduce tax burden, build clarity, and start 2026 with confidence—plus a bonus step most people overlook.

Episode Summary

As 2025 winds down, it's tempting to push financial decisions into January. But some of the most impactful moves you can make happen before the calendar turns.

In this episode, YFP Co-Founder & CEO Tim Ulbrich, PharmD walks through 10 practical, foundational financial moves to make before 2026 to help you reduce tax burden, invest with intention, organize your financial life, and enter the new year with clarity and momentum.

The episode wraps with a bonus step that isn't on most year-end checklists but may be one of the most leveraged decisions you can make heading into 2026: evaluating whether it's time to hire a financial planner or reassess your current advisory relationship.

This is your financial "closing shift" for 2025—simple, intentional moves that quietly build confidence and long-term wealth.

What you'll learn in this episode:

• How to perform a year-end financial inventory and why tracking net worth is one of the most powerful planning habits.
• Which tax-advantaged accounts need attention before December 31 and how to prioritize last-minute contributions.
• The importance of rebalancing your investment portfolio and prepare for paycheck changes heading into a new year.
• Why organizing estate documents, beneficiaries, and a "legacy folder" creates clarity and peace of mind.
• How to set meaningful financial goals for 2026 and evaluate whether it's time to hire (or reassess) a financial planner.

Mentioned on the Show

• YFP Legacy Folder Checklist

Tim & Tim discuss how to handle a windfall or inheritance with clarity emotionally, financially, and strategically during the biggest wealth transfer in U.S. history.

This episode is brought to you by the American Pharmacists Association (APhA).

Episode Summary

Handling a windfall or inheritance isn't just about the money—it's an emotional, relational, and identity-level shift. Whether it's an inheritance, equity payout, stock options vesting, or another financial surprise, the "right" next step can feel overwhelming. Many people think the challenge is how to invest a large sum… but the real challenge often begins much earlier: Who am I now that money is no longer the limiting factor?

In this episode, Tim Ulbrich, PharmD, and Tim Baker, CFP®, RICP®, RLP® break down how to prepare for, navigate, and thoughtfully plan through sudden wealth. They talk about the emotional side of receiving money, how to avoid rushed decisions, the importance of building the right team, tax considerations, and how to align a windfall with your goals, values, and relationships. With the largest wealth transfer in U.S. history underway, this is a conversation every generation needs to hear.

If you've received a windfall, expect one, or simply want to understand how to handle one wisely, this episode will help you slow down, think clearly, and make decisions you won't regret.

What you'll learn in this episode:

• Why sudden wealth creates emotional, identity, and relational shifts—not just financial ones
• The most common types of windfalls and why they require different planning strategies
• How to avoid rushed decisions and use a "90-day pause" to regain clarity
• The key professionals you need on your team before making major moves
• How taxes, investment priorities, and giving strategies change when a windfall enters the plan

Mentioned on the Show

• Mom and Dad, We Need to Talk by Cameron Huddleston
• Cerulli Associates "Great Wealth Transfer" data
• "Die With Zero" by Bill Perkins
• YFP Episode: 5 Key Questions to Ask Before Hiring a Financial Planner

Pharmacist and entrepreneur Peyton Gilbert shares how intentional living, saving 50% of income, and family business ownership created flexibility and freedom.

Episode Summary

In this episode of the YFP Podcast, Tim Ulbrich sits down with Dr. Peyton Gilbert—a pharmacist, entrepreneur, and small-business owner whose story is a masterclass in intentional living. Peyton shares how he and his wife saved and invested over 50% of their income early in their careers, the mindset shift that allowed them to build a strong financial foundation, and how living "like a resident" created flexibility for major life decisions.

What you'll learn in this episode:

• How Peyton and his wife saved over 50% of their income early in his career—and the mindset that made it possible.
• Why living "like a resident" for a season can create massive long-term financial flexibility.
• How Peyton navigated buying a home in a high-interest-rate environment and what he learned along the way.
• The story behind taking over his family's small business and how he balances entrepreneurship with a full-time industry role.
• How his mother's cancer journey shaped his purpose, career path, and the way he defines a "rich life" today and tomorrow.

Mentioned on the Show

• (Book) So Good They Can't Ignore You by Cal Newport
• (Book) The Millionaire Next Door by Dr. Tom Stanley
• (Book) Die With Zero by Bill Perkins
• First Horizon
• White Coat Investor