MtoM #201: Financial Planner Becomes a Millionaire and Finance 101: Overfunded 529 Accounts

Dec 16, 2024

Hear the inspiring journey of a financial planner who transitioned from aspiring dentist to millionaire. He shares key insights on avoiding debt and making smart investment choices. Learn about the crucial management of overfunded 529 accounts, including strategies for reallocating excess funds. The discussion includes navigating financial literacy challenges faced by medical professionals and practical tips on saving for retirement and effective borrowing.

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Intro

00:00 • 5min

Journey to Financial Independence

04:44 • 13min

Navigating Debt and Homeownership Strategies

17:18 • 1min

Wealth Building and the Challenges of Overfunded 529 Accounts

18:47 • 6min

Managing Overfunded 529 Plans: Options and Strategies

24:18 • 6min

Today we are talking to a financial planner who has become a millionaire. This planner initially planned on going to dental school but changed his mind after getting accepted into a few schools and decided to pursue a career in finance. He shares some of his failures and some of his successes that we think will inspire you to grow your wealth. After the interview we will be talking about overfunded 529s for Finance 101.

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