If you're a dentist with a packed schedule, tired of the grind but not ready to quit — and especially if you have kids under 18 — there are two new realities you need to know about. The Treasury just auto-enrolled 60 million children into TRUMP accounts, setting up retirement savings by default. Plus, most dentists who picture financial freedom don’t actually dream of quitting, just working less. We get into what it really takes to coast into a more flexible work life way sooner, and explain exactly how to claim the new seed money for your kids. You'll leave knowing when it makes sense to slow down, what Coast FI looks like, and whether you should open (or claim) a TRUMP account for your family.
Key moments:
(01:43) TRUMP account auto-enrollment for kids: who’s covered and what you have to do
(06:05) New ability to donate individual stocks to these accounts, and the five-year rule
(10:16) 529s still beat TRUMP accounts for college, and what the new accounts are good for
(13:04) Coast FI and sunset retirement, and how dentists can scale back years earlier
(20:01) The math on dropping to fewer clinical days, and what shifts in your long-term plan
Links mentioned in this episode:
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