Should I Use My 457 to Invest?

Should I Use My 457 to Invest?

Many doctors are high-income earners and will have access to a 457 plan.  Despite this, one of the more common questions I get is whether someone should use their 457 plan or not. It usually goes something like this, “Hey, Jimmy, I am looking to save a little...

Should I Use A Cash Balance Plan?

July 24th 2024 Cash balance plans: Huge tax savings? Or a big pain in the backside? On this show, we discuss what cash balance plans are, what’s good about them, what’s bad. And, most importantly, who is the kind of person that would benefit from using a...
The Importance of Time in the Market

The Importance of Time in the Market

Albert Einstein is often credited with saying, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t pays it.” This is perhaps why it is often said that time in the market (not timing the market) is...
The 59 1/2 Rule and Early Retirement Gap

The 59 1/2 Rule and Early Retirement Gap

Understanding the Rule of 59 and a Half in Joint Retirement Planning Let’s talk about a rule that might just be your new best friend when planning for retirement together: the age 59 and a half rule. This little number is more than just halfway to 60—it’s your...
Should I Use My 457 to Invest?

How to Avoid Capital Gains

A taxable brokerage account is one of the most flexible ways to invest your money. And, if you play the game right, you can also reduce taxes in this account in such a way that it may become your favorite type of investing account. In this episode, we discuss short...