Episode Details

When your retirement savings cross the seven-figure mark, the simple strategies that got you there might actually cost you money in taxes. In this episode, Scott and Pat explain why a high earner with a $1.8M portfolio needs to move beyond basic target-date funds and ETFs into direct indexing—plus when to pay off low-interest debt, how to pass down wealth, and when you can finally afford to spend more.

Scott and Pat also cover:

The 3.25% Mortgage Dilemma: Should you accelerate payoff on low-interest debt when Treasuries yield 5%?

Transitioning from Saving to Spending: A 36-year-old father with $1M saved asks if it’s safe to ease off contributions and start spending more.

The "Bank of Mom and Dad": The financial and family dynamics of gifting or loaning money to adult children for high-cost home down payments.

Real Estate & Tax Traps: Navigating capital gains, Delaware Statutory Trusts (DSTs), and term life insurance rules.

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