What is a defined benefit philosophy?A defined benefit has the end in mind before you begin. An actual goal that is defined at the outset. The end point is financial independence and personal significance. What is a defined contribution philosophy?A defined contribution philosophy has no goal and gets whatever it gets. It never knows success becaus…

What is earnings management? What can it do for productive doctors?Earnings management is the ability to maximize the efficiency, control, and safety, of the conversion of your earnings to savings. By preventing losses to unnecessary income taxes Doctors can receive up to $4 million of tax-free compensation.How can a Doctor participate in earnings …

Congrats! Those who have been able to make it here today are the future dentists and doctors that provide the caring infrastructure of society and well represented among the 1% income earners. However, while your professional career is rising and you get better at being a doctor or dentist you may still feel uncertain about your own personal financ…

The Financial services industry resembles a stool with 3 legs.These three legs are (1) the Commercial Banks, Low or Negative Rate of Return, Insured Principal. (2) The Risk of Principal Brokerage Industry Investment Instruments. (3) The Guaranteed Principal, Guaranteed Return, Guaranteed Life Income Financial Instruments provided by Legal Reserve L…

The economics of life matter because having no clear understanding of the financial realities of life, and having no evidence-based plan to follow, prevents Doctors from efficiently quantifying and monetizing surplus earnings to create saved money and guaranteed life income. Among the first findings was the relationship between money, stress, and t…

Findings of the Doctors Economic Research Project identified a central problem that prevented Doctors from achieving financial independence: the losses of earnings to unnecessary income taxes and losses of savings to unnecessary risk investment instruments. We provide Doctors access to planning programs that prevent unnecessary losses and multiply …

The Business Owners Planning Podcast contributes to the solution of social and economic problems that are currently facing both productive individuals and the non-profit organizations that provide the caring infrastructure of society. The problems of the lack of retirement savings in America, the Social Security and Medicare deficits, a population …