White Coat Investor Podcast WCI #448: Smart Retirement Moves for High-Income Professionals
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Dec 4, 2025 This discussion dives into savvy retirement strategies for high-income professionals. Discover how to optimize retirement accounts, including the benefits of backdoor Roths and HSAs. Learn about the risks of non-governmental 457 plans and the art of managing taxable accounts. Roth conversions are explored for low-income years, while cash balance plans are demystified with practical advice. The balance between target-date funds and taxable accounts is also examined, alongside tips for saving when profit sharing is out of reach. Financial insights await!
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Buying A Boat For Reliability And Happiness
- James Dahle bought a new boat for reliability and dealer support, accepting financing to get a discount.
- He justifies the purchase because it brings family happiness and doesn't derail financial goals.
Actuary Corrects Pension Risk Overstatement
- An actuary listener corrected James that PBGC insurance limits are higher than he suggested and often sufficient for many pensions.
- The listener recommended checking annual funding notices to gauge pension security.
Max Out Tax-Advantaged Basics First
- Do the backdoor Roth IRA for you and your spouse as early priority once you're ineligible for direct Roths.
- Fund an HSA if eligible and max out your employer 401(k)/403(b) contributions before other options.