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Retirement Investment Options and Defined Benefit Plans
This chapter explores retirement investment options such as solo 401k, SEP IRA, and defined benefit plans, discussing employer matching, tax implications, and complexities. The conversation delves into the advantages of solo 401k for small businesses and contrasts defined benefit plans with traditional retirement accounts like 401(k)s and Roth IRAs. It also touches on the emotions tied to monitoring investments and offers insights on managing finances based on macroeconomic research.