WCI #448: Smart Retirement Moves for High-Income Professionals

Today's episode tackles a handful of questions that come up often for high-income professionals planning for the future. We dig into how to optimize your retirement accounts and take advantage of key tax benefits, explore how cash balance plans work inside a group practice, and look at whether a target-date retirement fund ever makes sense in a taxable account. We also talk through what to do with your retirement savings over the next year if you won't have access to workplace profit sharing until the end of 2026.

Laurel Road is committed to helping residents and physicians take control of their finances. That's why we've designed a personal loan for doctors, with special repayment terms during training. Get help consolidating high-interest credit card debt or fund the unexpected with one low monthly payment. Check your rates in minutes to see if you qualify for a lower rate, plus, White Coat Readers also get an additional rate discount when they apply through https://LaurelRoad.com/WCI
For terms and conditions, please visit https://LaurelRoad.com/WCI
Disclosures
Laurel Road is a brand of KeyBank N.A. All products are offered by KeyBank N.A. Member FDIC. ©2025 KeyCorp® All Rights Reserved.

The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

Find 1000's of written articles on the blog: https://www.whitecoatinvestor.com 
Our YouTube channel if you prefer watching videos to learn: https://www.whitecoatinvestor.com/youtube 
Student Loan Advice for all your student loan needs: https://studentloanadvice.com 
Join the community on Facebook: https://www.facebook.com/thewhitecoatinvestor 
Join the community on Twitter: https://twitter.com/WCInvestor 
Join the community on Instagram: https://www.instagram.com/thewhitecoatinvestor 
Join the community on Reddit: https://www.reddit.com/r/whitecoatinvestor 
Learn faster with our Online Courses: https://whitecoatinvestor.teachable.com 
Sign up for our Newsletter here: https://www.whitecoatinvestor.com/free-monthly-newsletter 

00:00 WCI Podcast #448
07:30 Optimizing Retirement Accounts
20:38 Adjusting Risk with a Cash Balance Plan
25:34 Target Retirement Funds in Taxable
30:55 Saving for Retirement in Taxable?