In this episode, financial advisor Jim Martin shares insights from his recent trip to Iceland and turns it into a valuable discussion on year-end financial planning. He covers key topics such as maximizing contributions to 401(k) and 403(b) accounts, evaluating and updating your emergency fund, ensuring timely Required Minimum Distributions (RMDs) for those over 73, and being mindful of holiday spending. Jim also discusses broader life planning for the year ahead and offers actionable tips to set yourself up for a successful 2025. Tune in for practical advice to help you plan well and retire happy.

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00:00 Family Trip to Iceland 00:29 The Importance of Planning 00:41 Saving Money on Travel 01:23 In-Flight Conversations 02:42 Introduction to Financial Planning 03:41 Maximizing Your 401k Contributions 04:21 Reviewing Your Emergency Fund 06:39 Required Minimum Distributions (RMDs) 07:41 Holiday Spending Tips 09:42 Planning for 2025 13:06 Recap and Final Thoughts 14:41 Podcast Conclusion and Disclaimers
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