Financial independence

Here’s the secret to their retirement that you don’t know

by
Here’s the secret to their retirement that you don’t know

Paul Bersebach / MediaNews Group / Orange County Register via Getty Images Doctors retire differently than other professions because of their unique financial situation. Here’s what you can learn. Physicians face numerous financial challenges, including high student debt, late career starts, low starting salaries, and extended work weeks. Doctors are a good fit for the … Read more

An adviser to wealthy early retirees explains why he thinks 401ks are ‘money prisons’ and where he tells clients to invest instead

by
An adviser to wealthy early retirees explains why he thinks 401ks are ‘money prisons’ and where he tells clients to invest instead

Austin Dean calls retirement-specific accounts like 401(k) plans and IRAs “money prisons.”halbergman/Getty Images Austin Dean advises his high-net-worth clients to avoid 401(k) “money jail.” He recommends alternatives for building wealth that offer more flexibility and control. His advice to clients allows quick access to cash without having to sell investments and trigger capital gains tax. … Read more