Retirement Planning – The BamCam

Financial Wellness for the Next Generation (Ep.19)

By The BamCam | April 23, 2024

There used to be a time when working with a Financial Advisor was just for the extremely wealthy. Those days are gone! Now, due to the increasing complexity of financial matters, combined with demographic shifts and a greater awareness of the value of personalized financial guidance, more people are working with advisors.

Join Jack Burnette, Alison Castellano, and Adrian Castellano as they delve into the journey of why they started Iter Financial Wellness and their focus on helping younger generations achieve financial success. They discuss the importance of accountability, providing emotional and tangible support, and the importance of setting realistic goals.

Jack, Alison, and Adrian discuss:

How financial planning can be tailored to meet the needs of various generations
The effect of social media when it comes to comparison and self-worth
Information about their financial advice subscription model
And more

Connect with Alison Castellano:

Connect with Jack Burnette:

Connect with Adrian Castellano:

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Embracing The Work-Life Balance At Deer Valley Resort (Ep.16)

By The BamCam | March 5, 2024

The BamCam podcast strives to explore how life and financial well-being are intertwined. We look into areas concerning motivation and attitude, financial planning, and investing.

In this installment, we focus on the importance of achieving balance and joy as the Burnette-Castellano family vacations in Park City, Utah.

What can a day on the slopes teach us about balancing leisure with financial discipline?

Listen as Jack, Alison, and Adrian talk about:

Why is it important to balance work and play
The value of investing in experiences and memories with loved ones
Memorable ski trips, particularly at Crested Butte, Colorado
The role of communication with your spouse to express shared values and goals
And more

Resources:

Connect with Alison Castellano:

Connect with Jack Burnette:

Connect with Adrian Castellano:

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Crafting A Balanced Financial Life (Ep. 5)

By The-BamCam | October 3, 2023

Life isn’t just about money; it’s about financial well-being and how it integrates with our lives. This episode provides an insightful dive into the intertwined relationship between life’s curveballs, financial planning, and decision-making. With personal stories and tried-and-true advice, Jack and Alison once again share a warm father/daughter conversation that equips listeners with the tools to achieve a balanced life.

In this episode, Jack and Alison discuss:

The dangers of consumerism and the importance of living within one’s means
The emotional rollercoaster of unexpected expenses, as illustrated by Alison’s personal experience with IVF treatments
The evolution of careers in modern times, including job-hopping and its impact on retirement plans
Navigating the maze of insurance options and the necessity of being well-informed
The vital importance of estate planning, including decisions on child care and asset distribution
And more!

Resources:

Connect with Jack Burnette:

Connect with Alison Castellano:

LinkedIn: Alison Castellano
Call: 205-504-9868

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What Teachers in Alabama Need to Know About Their Pension Program (Ep. 3)

By The-BamCam | September 7, 2023

As a teacher in Alabama, relying on their pension plan can seem like the safest option. In reality, having multiple streams of income and savings is essential to build their retirement dream.

In this episode, Jack Burnette and Alison Castellano explore retirement planning for Alabama teachers and the limitations of teacher pension plans. They explain that the plan is a defined benefit plan with two tiers, and discuss the benefits, contributions, and payout options depending on different factors.

Jack and Alison focus on:

How the teacher pension plan is funded and its structure
The difference between tier one and tier two employees in terms of payroll deductions and benefits
How do the different tiers impact their retirement age and funds
Personal experiences and mistakes shared by Alison regarding relying solely on a pension and not starting retirement savings early enough
And more