Tim Ulbrich, PharmD, breaks down student loan updates from the Big Beautiful Bill, including key changes, how we got here, and what it means for your repayment strategy.

Episode Summary

In this episode, YFP Co-Founder & CEO, Tim Ulbrich, PharmD breaks down recent student loan updates stemming from the newly passed Big Beautiful Bill. With so many repayment options, formulas, and acronyms flying around, it’s more confusing than ever for borrowers to make confident decisions.

Tim walks through:

✅ Key changes included in the Big Beautiful Bill ✅ How we got here and why this matters ✅ What these updates could mean for your personal repayment strategy

Since this topic can become complex quickly, Tim shares slides in the YouTube video. If you want to follow along visually, be sure to check out the full episode on YouTube.

Mentioned on the Show

• Studentaid.gov
• Watch This Episode on YouTube 
• Your Financial Pharmacist

Jackie Boyle returns nearly two years after paying off $200K+ in student loans to share how that milestone shaped her growth. Jackie also discusses mindset shifts, burnout in pharmacy, and her mission to help ambitious women reconnect with their purpose and potential.

In this episode, Jackie Boyle, PharmD, returns to the YFP Podcast to share what’s happened in the nearly two years since she and her husband paid off over $200,000 in student loans.

Jackie and Tim Ulbrich dive into the pressure many pharmacists feel to follow a traditional career path, the mindset shifts required to break free from self-limiting beliefs, and the realities of burnout in the profession. Jackie also opens up about her journey into coaching and the mission behind Jackie Boyle Coaching, where she helps ambitious women reconnect with their purpose and potential.

Whether you're feeling stuck, burned out, or questioning what’s next in your career, this episode offers honest insights, encouragement, and hope for what’s possible.

Mentioned on the Show

• YFP YouTube Channel
• YFP 331: How One Couple Paid Off $208k of Student Loans
• Standard University “Imposter Syndrome”
• Turning Pro by Steven Pressfield
• The Big Leap by Gay Hendricks
• 10x is Easier Than 2x by Dan Sullivan
• Jackie Boyle Coaching  
• Jackie Boyle LinkedIn Profile

Pharmacists and real estate investors Nate Hedrick and David Bright explore today’s shifting housing market and ask: Is real estate investing less volatile than the stock market? 

Episode Summary

In this episode, pharmacists and real estate investors Nate Hedrick and David Bright break down what they’re seeing in today’s real estate market, from inconsistent pricing strategies to shifting buyer and seller behavior, and explore the bigger question: Is real estate investing less volatile than the stock market?

They reflect on how current trends compare to recent years and what that means for investors looking to buy, flip, or hold in 2025. 

Whether you’re new to real estate or reassessing your strategy in an unpredictable market, this episode offers timely insights to help you invest with more confidence.

Mentioned on the Show

• Lessons from the Red: Navigating Big Market Dips
• Median Sales Price of Houses Sold for the United States
• Has Real Estate or the Stock Market Performed Better Historically?
• S&P 500 Average Returns and Historical Performance

Wondering whether to contribute to a Roth or Traditional retirement account? Tim Ulbrich and Tim Baker break down key factors like tax brackets, Roth 401(k) access, and long-term planning tips to help you decide.

Episode Summary

One of the most common questions we get is: Should I contribute to a Roth or Traditional retirement account?

In this episode, YFP Co-Founder & CEO, Tim Ulbrich, PharmD, and YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, break down the key factors to consider when deciding between Roth and Traditional contributions, including:

✅ Your current and projected future tax bracket

✅ How much you’ve already saved in each account type

✅ Roth 401(k) availability through your employer

✅ State income tax implications

✅ Whether you have the cash flexibility to consider Roth conversions

✅ How the Roth IRA’s freedom from required minimum distributions (RMDs) can be a valuable planning tool

If you’ve ever found yourself wondering which retirement bucket to prioritize, or if you’re simply trying to be more tax-savvy with your savings, this episode is for you.

📩 Have a question for a future Ask YFP episode? Submit it here: [email protected]

Mentioned on the Show

• YFP YouTube Channel
• YFP 405: Navigating Retirement Income: How to Turn Assets into a Paycheck
• Record a Question to be Featured on an Ask YFP Episode
• Email YFP: [email protected]

Thinking about changing jobs or just got promoted? In this episode, Tim and Tim cover 7 key financial considerations, from negotiating offers to managing benefits, to help you navigate the transition with clarity and confidence.

Episode Summary

If you recently changed jobs or just landed a promotion, congratulations! A new opportunity, whether internal or external, often brings exciting possibilities…and important financial decisions.

In this episode, 7 Key Financial Considerations During a Job Transition, YFP Co-Founder & CEO, Tim Ulbrich, PharmD is joined by YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP® to walk you through the most important financial areas to think about when navigating a job change or stepping into a new role.

They cover how to:

✅ Evaluate and negotiate a new offer ✅ Understand your updated benefits package ✅ Make a plan for your old 401(k) ✅ Align your new compensation with your financial goals ...and more.

Whether you’re in the early stages of a transition or already in your new role, this episode is your financial checklist to move forward with clarity and confidence.

Mentioned on the Show

• YFP 384: Beyond Salary: Negotiating Your Value in the Workplace
• Never Split the Difference by Chris Voss
• YFP 328: How to Navigate Open Enrollment & Employer Benefits
• YFP Episode 408: What Should You Do With an Old 401(k)
• YFP Episode 404: 5 Key Questions to Ask When Hiring a Financial Planner

Does a 1% AUM fee really cost you 25% of your returns? Tim Ulbrich and Tim Baker run the numbers and give you a framework to evaluate the real cost and the real value of financial planning.

Episode Summary

YFP Co-Founder & CEO, Tim Ulbrich, PharmD, and YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, tackle a common concern about working with a financial advisor: Does paying a 1% fee for assets under management (AUM) really eat away a quarter of your investment gains over time?

We run the actual numbers using compound interest calculators to see how much a 1% advisory fee could cost over the long term and whether the 25% claim holds true.

But this episode isn’t just about math.

Tim and Tim also zoom out to look at the bigger picture: What’s the ROI of the fee you’re paying? Because it’s not just about investment returns, it’s also about the potential behavioral coaching, tax strategies, withdrawal planning, and comprehensive financial guidance that a good advisor brings to the table.

Whether you’re a die-hard DIY investor, already working with an advisor, or considering working with a financial planner for the first time, this episode will give you a practical framework to evaluate the real cost and real value of financial advice.

Mentioned on the Show

• YFP YouTube Channel
• YFP 404: 5 Key Questions to Ask Before Hiring a Financial Planner 
• Vanguard: Putting a value on your value: Quantifying Vanguard Advisor’s Alpha®
• The Investment Funds Institute of Canada. Financial Advice in Canada, November 2022.
• Kitces Quantifying the Value of Financial Planning Advice
• Record a Question to be Featured on an Ask YFP Episode
• Email YFP: [email protected]

Feeling financially stuck despite making a good income? Tim Ulbrich, PharmD, unpacks three common reasons pharmacists hit a financial plateau and how to reframe your thinking about money, income, and possibility.

Episode Summary

Do you ever feel like, despite making a good income, you should be further along financially?

You’ve got the degree, the stable job, the six-figure salary…but you’re not making the progress you hoped for. You feel stuck, and you’re wondering why.

In this episode of the Your Financial Pharmacist Podcast, YFP Co-Founder & CEO Tim Ulbrich, PharmD, explores three common reasons many pharmacists feel financially stuck, even with a strong income:

• A fixed mindset that limits your financial potential

• A fixed income that hasn’t kept up with inflation or your goals

• Fixed costs that quietly chip away at your freedom and options

This isn’t just a conversation about budgeting or side hustles. It’s about changing how we think about money, income, and what's possible.

Whether you're early in your career or feeling stuck mid-way through, this episode will help you gain clarity and take actionable steps toward financial progress.

Mentioned on the Show

• The Big Leap by Gay Hendricks
• YFP 384: Beyond Salary: Negotiating Your Value in the Workplace
• Bureau of Labor Statistics (BLS), Pharmacists
• Book a Discovery Call with the YFP Team

In this special Father’s Day episode, Tim Ulbrich shares five unexpected and powerful money lessons he’s learned from raising four boys.

Episode Summary

YFP Co-Founder & CEO, Tim Ulbrich, PharmD, reflects on the unexpected and powerful financial lessons he’s learned from raising four boys. From conversations at the concession stand to big-picture reflections on priorities, Tim shares 5 meaningful insights that go beyond spreadsheets and savings accounts.

Whether you're a parent, planning to be one, or simply interested in how life shapes our money mindset, this episode offers a personal and practical look at the intersection of fatherhood and finance.

Mentioned on the Show

• YFP 363: A Conversation with My Dad: Lessons on Entrepreneurs, Fatherhood, and Finance 
• YFP 402: Building a Legacy: The Family Constitution Blueprint with Julia Myers
• Die With Zero: Getting All You Can From Your Money and Your Life by Bill Perkins
• Happy Money: The Science of Happier Spending by Elizabeth Dunn and Michael Norton

What mindset separates high earners from true wealth builders? Inspired by The Millionaire Next Door by Dr. Thomas Stanley, Tim Ulbrich breaks down how changing his perspective on money transformed his financial path, and how it can do the same for you.

Episode Summary

YFP Co-Founder & CEO, Tim Ulbrich, PharmD explores the key mindset shift that helps pharmacists quietly build lasting wealth. This isn't about flashy cars or overnight success. It's about the habits, discipline, and mindset millionaires use to build wealth quietly and consistently. Drawing from both personal experience and lessons from The Millionaire Next Door by Dr. Thomas Stanley, he shares how pharmacists and other high-income earners can adopt a wealth-building mindset that prioritizes financial independence over lifestyle inflation.

Whether you’re just getting started or looking to level up, this episode will challenge how you think about money and give you the tools to create lasting change.

In this episode, you’ll learn:

• The mindset millionaires adopt (that most people don’t)
• Why high income doesn’t guarantee financial freedom
• How to build money habits that grow wealth over time
• What these insights mean for pharmacists and other professionals pursuing financial independence

Mentioned on the Show

• First Horizon’s Pharmacist Home Loan
• Your Financial Pharmacist
• The Millionaire Next Door by Dr. Tom Stanley
• I Will Teach You to be Rich by Ramit Sethi
• The Compound Effect by Darren Hardy

What should you do with an old 401(k)? Tim Ulbrich and Tim Baker explore your options, common pitfalls, rollover strategies, and how to make smart moves with old retirement accounts after leaving a job.

Summary

When you leave a job, what happens to the retirement account you left behind? In this episode, YFP Co-Founder & CEO, Tim Ulbrich, PharmD, and YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, take a deep dive into the important financial decisions surrounding old employer-sponsored retirement plans, such as 401(k)s and 403(b)s.

Tim and Tim discuss the impact these often-overlooked accounts can have on your overall financial plan and explore your available options, whether that’s leaving the money in your former employer’s plan, rolling it over to your new employer’s plan, or transferring it to an IRA.

They break down the pros and cons of each approach, highlight common mistakes like the “set it and forget it” trap, and explain why understanding fees and account access is so important. The conversation also emphasizes the value of working with a fiduciary advisor and the serious risks of cashing out these accounts too soon.

To complement the episode, they introduce YFP’s new guide: The Best and Worst Moves to Make with an Old 401(k), designed to help you avoid costly missteps and feel confident in your next move.

Whether you're changing jobs, planning ahead for a career transition, or simply want to be more intentional about your retirement savings, this episode will give you the clarity and guidance you need.

Mentioned on the Show

• First Horizon’s Pharmacist Home Loan
• Your Financial Pharmacist
• YFP Guide: Best & Worst Moves to Make With an Old 401(k)
• FIRE Rx: The Pharmacist’s Guide to Financial Independence
• YFP Episode 404: 5 Key Questions to Ask Before Hiring a Financial Planner
• Reference: 2024 Kitces Report on Financial Planning