Kevin Bourke - Wealth Manager - Understanding Your Family's Financial Ecosystem

One of the things I love about talking with Kevin Bourke is how I am guaranteed to learn something I can use immediately. Kevin has been on the show before (listen here) and is a great supporter of other efforts we undertake, such as sponsoring TEDxSantaBarbara for many years. In this conversation, Kevin talked about how he and the team at Bourke Wealth Management, look at finances from a big picture view, not just isolating their lens on stock portfolios. He calls it the Family Financial Ecosystem. He takes us on a deep dive of what this means, and once you hear it, you'll wonder why no one has explained this to you before. Kevin also introduced me to a new word right off the bat - you may need to look it up. It's Decumulation. It's how you thoughtfully and strategically use your savings to fund your retirement, though Kevin explains it much better. Kevin helped me to understand the differences in how you look at your family finances, especially as it relates to long term planning. He explains where Asset Management fits, how to think about Wealth Management, and how it's different than how someone like him sits as the family CFO and manages the relationships with attorneys, accountants, and anyone involved in your financial ecosystem. We love it when Kevin spends time explaining complicated topics to us and encourage you to get a copy of his book, Make Your Money Last a Lifetime. His site: His book:

You can listen to Kevin Bourke - Wealth Manager - Understanding Your Family's Financial Ecosystem online on Radio and Podcast. Open the player on this page to stream the available audio.

Kevin Bourke - Wealth Manager - Understanding Your Family's Financial Ecosystem is an episode from 805conversations by 805connect.

This episode is 00:46:52 long.

This episode was published on Feb 1, 2020.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from 805conversations when more episodes are available from the podcast feed.