Beyond the 401(k): Eric Brotman’s Vision for Generational Wealth Wisdom

In this episode, Jim talks with financial advisor and wealth manager Eric Brotman. With almost 30 years of experience, Eric shares insights on financial literacy, empowering families, and the unique approach he takes.

Three Key Takeaways:

Purposeful Financial Planning: It’s critical to utilize financial planning that goes beyond managing assets and instead using a more holistic approach.

Tax Diversification: Be wary of the potential pitfalls of traditional retirement planning, particularly the assumption that tax rates will be the same or lower in the future.

Generational Shifts: With each new generation, we are seeing shifts in financial perspectives. Learn how Gen Xers differ from Gen Z, and what those of us who are older can learn from the newer generation.

The conversation also delves into the evolution of employer-sponsored plans, with Eric challenging the conventional 401(k) approach.

Remember, Breakaway Wealth is here to guide you towards financial empowerment and success.