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17min chapter
WCI #395: Navigating the Nuances of Career, Family, and Money with Dr. Lisha Taylor
White Coat Investor Podcast
Maximizing Retirement and Family Financial Support
This chapter delves into retirement accounts and investment strategies aimed at maximizing savings for early retirement, comparing options like 403B and solo 401K. It also discusses the delicate balance of providing financial support to adult children, emphasizing the importance of fostering independence through creative solutions like the '20s fund.' The speakers share personal stories and practical advice on managing inheritance and gift taxes, highlighting the significance of family experiences over direct cash support.
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