The Wealthy Barber Podcast #43 — Julia Chung: Human-Led Financial Planning
Feb 10, 2026
Julia Chung, advice-only financial planner and CEO of Spring Planning with 25+ years in complex planning. She explains what advice-only, human-led planning looks like. They discuss implementation hurdles, niche specialization, the mosaic of retirement income, planning for surviving spouses, POA and executor pitfalls, and risks of adding kids as joint owners.
AI Snips
Chapters
Books
Transcript
Episode notes
Use Software To Test, Not Decide
- Use software as a testing tool, not the decision maker; lead with human priorities and constraints first.
- Julia Chung warns against letting software drive planning outcomes without human judgment.
Advice-Only Community Started Small
- Julia Chung recalls the advice-only community in Canada starting with five planners in 2012 who supported each other online.
- She credits that cooperation for strengthening the niche and sharing best practices.
Set Up And Register Powers Of Attorney
- Create durable powers of attorney and name backups; introduce them to institutions while you're capable.
- Julia Chung emphasizes POAs keep bills paid and prevent costly court processes if incapacity occurs.
