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MtoM #142: Emergency Physician Becomes Multi-Deca Millionaire and Finance 101: Cash Balance Plans

White Coat Investor Podcast

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Compound Interest, Defined Benefit Plans, and Cash Balance Plans

This chapter explores the concepts of compound interest and wealth accumulation, along with the considerations of estate planning and leaving wealth for heirs. The main focus is on cash balance plans, explaining the differences between defined contribution and defined benefit plans, contribution limits, and how doctors can utilize these plans to maximize retirement savings.

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