John, good to see you today. We get to talk about five year end money moves for a better 2025, the end of the year is always a great time to start thinking about your finances for the upcoming year. So we are sharing five tips to help get us on track for 2025 tip number one, perform a budget checkup and shore up that emergency fund. Ah, Erin, the word budget. No, we don't do budgets here. You know, we do spending plans, right? Because no one likes to be on a budget. So what I like about this idea, you know you're going to be getting that year, end of year, credit card summary. Look at your spending, and look what you spent and how you spent it, especially if you found yourself digging into your savings, what could you have done differently? Just kind of like a coach looking over a game plan for the year and then next year say, Listen, I have to really be more mindful of where I'm spending or maybe I'm eating out too much, or going to Starbucks too much. And you know, that's a great way to go into those New Year's resolutions with a game plan looking back on the year next max out your Roth IRA, or consider a conversion, yes, if you're making contributions to a Roth IRA, a Roth 401, K, or you're doing conversions now is the one of the better times to do it, because you understand what your annual income is going to be, so you can have a better understanding of what your tax bill is going to be. So for a lot of clients, late November, into this last into this first week of December, we finish up our Roth conversions, because we want to make sure it goes off without any hitches, and we're able to tell our clients, listen, you're going to pay this much in taxes, but we have a good understanding, because the income is pretty well defined for the year, and while no one likes paying taxes, it's it's a better strategy to understand the tax you're going to pay, right? And speaking of those tax advantaged accounts, John, you wanted to mention the health savings account. Yes, and we're not going to go too deep into this, but if you qualify for a health savings account, you know, and you have the ability to make extra contributions before your end, remember, this is the triple whammy. You get the tax deduction for making the contribution, the the money within the HSA grows tax free. And then as long as you make a qualified withdrawal for a medical expense, it comes out tax free, the triple tax Trifecta way next, you can offset your gains by harvesting losses. This is known as tax loss harvesting, yeah, so oftentimes we talk about tax loss harvesting as as a silver lining in a down investment year. But now is a time where you may if you do have any of those losers, let's say you got in on Nvidia a little too late and you caught the drop. If you have any losing positions now could be a great way to take those losses, sell them off, and then maybe offset some of the capital gains that you may see with some of your winners that you sell. You know, though, it has, as you mentioned, been a pretty good year for the stock market, which is why it's also a good time to consider it rebalancing, yes, and a lot of people don't, you know, a lot of do yourselfers don't realize that when you have either, you know, an up market or a down market, your portfolio gets out of whack. Because, you know, in this up market, a 6040 60% stocks, 40% bonds portfolio, because of the stock market doing so well, and now bonds coming back down that your stocks, the balance of your portfolio, may have shifted from 6040 to, let's say 6535 so now is a good thing, because you want to always keep within parameters and stay disciplined, especially the fact that we're at the top of The market. We're now in a stretched out market cycle. So we want to get back to where we should be a 64, to 40 portfolio in our example, and understand that it's really easy to do that if you have an IRA, because you have no taxable event, but if you have that non retirement brokerage fund, that joint account, that trust account, you have to understand that when you rebalance and you sell some of those stock positions, you're going to incur capital gains. So be very mindful of whether it's short term or long term capital gains. And like we said, this is where the tax loss harvesting may come into come into play, because you want to try to offset some of those winners with any losers that you may have, right? And then last, of course, it is the end of the year. This is when a lot of us like to donate to charities. And if you are charity charitably inclined, you may want to consider a qualified charitable distribution. Yes. So again, qualified charitable distributions extremely powerful, but they're only for people over age 70 and a half, so especially if you haven't taken out your required minimum distributions this year, perfect time to take out a qualified charitable distribution. What this is, is a distribution from your IRA, and it's gonna go, the money is gonna go straight to the charity, so you either gonna have it, preferably in a check, directly to the charity that you will then forward to them. And what that does is any Ira distribution, let's say, let's use the RMD example. You had to take out a $5,000 RMD. Still, you have that check written out to the charity for $5,000 you satisfied the RMD, and that $5,000 distribution is basically dollar for dollar off the book. So it's like it never happened, and the charity makes out awesome. It's such a great strategy, such a win, win. And John, I know it's something you're passionate about too tax planning and charities. It's totally John. So we're going to do a separate breakout video on that strategy, including a couple more for people who are charitably inclined, right? And as a teaser to that video, there are two other options that we don't want to forget, because not everybody is 70 and a half watching this. Number one, you could increase your contributions to your chair, charity or church of choice in December. And this is really a strategy to where you haven't itemized yet you're still in that standard deduction, but you're really at the just at the top, and you just want to, you know, you maybe want to offset some of those gains, so you're going to make extra contributions. Maybe instead of your 2025 contributions, you're just, if you have the ability, you're going to make your 2024 contributions right now. That would give you an itemized deduction and a bigger tax relief for those charitable contributions you made. Then in 2025 you can go back to a standard deduction, some other two other options you have, if you have highly appreciated stock and you want to get that deduction gift the highly appreciated stock, that's also a way to rebalance your portfolio. And last but not least, the donor advised fund, which could be big if you had some big capital gains, if you're one of those big Nvidia winners earlier in the year, or let's say you sold a house here in California at your own for two decades, you have some huge capital gains taxes coming your way. So donor advice Fund is a great way to mitigate those taxes, as you said, Erin, our last video of 2024 that is going to be the gift that keeps on giving. We're going to talk about charitable contributions. All right, yep. And just a good reminder to everybody, you have so many we have so many wonderful videos. Also your podcast, the retire happy podcast on your YouTube channel and everywhere else, so people can listen and learn at their own leisure. John, though, if somebody wants to reach out directly to you, what's the best way to get a hold to you? Yeah, well, you can always visit our website, www.gosecurus.com, and while you're on the website, we have tons of podcast videos, our contact information is there. And speaking of contact information, you can go over to the contact us tab, where you can schedule a 20 minute conversation phone call, where we'll answer any general questions you may have, or you can schedule a one hour complimentary vision and clarity consultation. Great, John. Thanks so much for your time today. I appreciate it. Thank you, Erin.