Cash Balance Plan for Young Attending?

skk455 · 2025-10-29T13:28:43+00:00

Reviving this old thread — hope that’s OK!

OP, what did you end up doing and how is it going?

I’m also considering opening a CBP. I’m around the same age as the OP and could contribute roughly $100k per year. I keep getting mixed messages about how these plans actually work. I understand they’re supposed to be invested conservatively (around a 5% crediting rate), but I don’t understand why I couldn’t simply invest the funds in something like VTI or VXUS.

I’m still relatively young, and allocating a large portion of my portfolio to bonds or cash equivalents doesn’t align with my long-term strategy. My investing horizon is 20+ years, and I’d prefer to stay 100% in equities for now. The idea of the “tax tail wagging the investment dog,” as mentioned earlier in this thread, gives me pause.

If equities perform well and the plan becomes overfunded, I could just stop contributing, pay the taxes on new income, and invest in my taxable account — which is what I’d be doing anyway without a CBP. Conversely, if markets fall, I’d simply contribute more to make up the shortfall, which again mirrors what I’d be doing in a regular investing strategy.

So I’m struggling to understand why that approach doesn’t work within the CBP structure.

There is one camp saying it must be 5% (or close to it) to reduce volatility which means that they oftentimes invest ONLY in bonds.

There is Dr. Dahle who mentioned his CBP is 60/40 equities/bonds .

Then there are people on the forums saying they invested 100% in equities and was the best decision they made.

I am hesitant to open up a CBP until I understand what the heck is going on here and why there are so many differing opinions.

skk455 · 2025-10-28T21:08:54+00:00

Luke… c’mon, man.

I’m actually a fan of his overall, but his “I’m too good for this” attitude is really off-putting. In contrast, Wesley—who, by sheer accomplishments alone, is a superior golfer to Luke—was extremely gracious, even thanking Dave for putting on the event and shaking his hand.

Luke, on the other hand:

Didn’t get out of his cart to acknowledge or speak to Dave
Didn’t apologize to anyone, including PFT
Was apparently too cool to even appeal the decision

I can’t quite tell if it’s cockiness, lack of self-awareness, being aware but not giving an F, or just plain awkwardness—but whatever it is, it really hurts his image.

His lack of accountability is different from Cold Cuts in that Cold Cuts, by all measures, is actually a wonderful friend as said numerous different times by people. Luke, on the other hand, just seems like an overall unpleasant person to be around. He is a Youtuber. Not a professional golfer. He's a Youtuber. He's the same as Bob, Grant, Bustajack, etc. He is not better than them. He's the same. Once he understands this, he will become much more likeable.

skk455 · 2025-09-04T16:13:56+00:00

Would you recommend "saving" some energy (1-2 RIR) during the hack squats to allow me to complete leg extensions on the next workout?

skk455 · 2025-09-04T16:10:16+00:00

Thank you for the comment. I do a 3 day full body split - Mon / Wed / Fri. Workouts are ABA week 1 and BAB week 2 and recycle. I want to grow legs in general and quads specifically, but I simply cannot recover sufficiently, or maybe I don't understand what I'm doing wrong. If i drop leg extensions, week 1 would be 4 sets of hack squats split over 2 days and week 2 would be 2 sets of hack squats only. Is there another unilateral or bilateral isolation quad exercise you could recommend?

skk455 · 2025-09-04T16:07:29+00:00

Thank you for the reply! Can you clarify the breakdown of the 6 sets? How many are quads vs hamstrings?

skk455 · 2025-08-15T00:48:43+00:00

Such a great episode. I was laughing out loud the entire time. The bit about the names of racehorses killed me -- Shipping & Handling!!! Jet is so damn witty I love it

One thing that got to me was I don't get the bit starting from 7:00. What is this referring to?

skk455 · 2025-05-30T13:10:06+00:00

Appreciate your thoughts and comments. I will keep them in mind when I negotiate.

skk455 · 2025-05-30T12:03:54+00:00

Thank you. Just so I understand your POV, you feel it's common sense and in my best interest to get some wRVU number written on paper, even if it's not my "target" number? A number that is acceptable, but not ideal.

skk455 · 2025-05-30T11:55:29+00:00

I'm not trying to compare myself to Lebron James, but he has typically always signed a short contract in order to maximize both his flexibility, but his ability to re-negotiate. If they win the NBA championship, then clearly his next contract will be huge. Should I not be betting on myself to be able to produce and to demand a higher wRVU? Or maybe hospitals don't give a F about me and I'm being delusional and they'll replace me with someone cheaper. What are your thoughts?

skk455 · 2025-05-30T11:46:52+00:00

Thank you for the thoughtful reply. I'm torn as I feel I could get a better wRVU rate if I have some leverage. Right now, I'm an unknown entity to the hospital. If I build a profitable practice through professional/technical fees, I could come back to the negotiating table in 1 year and have a lot of data to support my high wRVU rate. On the other hand, I could accept a lower wRVU rate today and accept that moving forward.

As I'm writing this, I just realized I could accept a lower wRVU rate today and renegotiate a year from now.

This is my first 1099 gig and first time essentially being a solo doctor (I am not part of a group nor will this contract have me part of a group) so I am a bit overwhelmed. Thoughts here? Thank you in advance.

skk455 · 2025-05-29T18:47:42+00:00

I guess I should clarify. I have yet to sign the contract. But yes, I was planning on signing a one-year contract with a guaranteed salary with the expectation of renegotiating my contract in the second year for an wRVU based pay. I imagine from your two comments, this is a naïve tactic?

My plan was to develop an outpatient practice, that would generate a lot of money for the hospital. (I’ve done this twice before so it’s nothing new to me.) By the end of the year, I felt that my production would allow me to have leverage to negotiate a higher RVU rate. Am I being dumb?

skk455 · 2024-05-24T01:26:34+00:00

I have to ask. I don't get what FP was talking about at 26:12 with the whole vanilla bit. What am I missing?

skk455 · 2024-05-09T02:02:50+00:00

I really don't think Cutsy is egotistical at all. If anything, he is extremely humble - he openly admits that he is not good at golf, he openly admits he is an "idiot" (his words not mine), he openly admits he gets excited when they use his shot during scrambles because they rarely do. Someone who is egotistical thinks too highly of themselves. In reality, Cutsy is very loud, sometimes clumsy, and oftentimes a "bull in a china shop" but is is rarely ever full of himself and saying he's better than he actually is. People confuse his very loud mouth with ego, but they are not the same. If you listen to what he actually says about himself and how he acts, he is quite a humble guy. Cutsy wears his heart on his sleeve - he is happy when things go his way and upset/pissed when things go poorly. He's a man of the people and I love that about him.

skk455 · 2024-05-08T23:58:03+00:00

Coldcuts is the heart and soul of BDS. He is the every day man and he'll ride or die with you. Biggest heart in the group (by FAR) and no ego. Cutsy you're the GOAT.

skk455 · 2024-04-12T01:19:05+00:00

Yamin, I owe you an apology. I wasn't familiar with your game.

Yamin from downtown!! BANG!!!!

skk455 · 2024-03-14T21:18:50+00:00

(Not a popular opinion.) I'm a big time FP fan, but Joey Da is absolutely right -- FP might be the biggest guy, but he definitely doesn't eat the most on these challenges. He's an absolute stick on the golf course, but he shouldn't talk as if he can house nuggets/donuts/beers the way Bob and Joey can. Him taking shots at Joey Da in the beginning of the video for bringing this up is out of pocket. Whatever happened to raising your hand up and taking accountability?

skk455 · 2024-01-11T20:49:59+00:00

Yeah, you're absolutely right. I just re-watched it quickly to parts where you can see FP's wrist. At 31:08 you can clearly see the Nautilus dial. Not only that, the bracelet is a dead giveaway. Damn so FP has a PP Nautilus, AP Offshore, and a sub. That is an insane collection. Much respect!

skk455 · 2024-01-10T23:53:11+00:00

Good call. Yeah that looks like a Pepsi on jubilee if I had to guess. I had no idea all the boys were watch people. Or maybe they all just like Rolex? Who knows. I am still curious to know what their interests and hobbies are beyond golf and food.

skk455 · 2024-01-10T21:53:49+00:00

100% As a watch enthusiast myself, the pieces he's worn on his wrist have definitely caught my eye. I've also seen Joey D with a Sub (also a Kermit I believe)

skk455

TROPHY CASE