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WCI #205: Understanding Required Minimum Distributions

WCI #205: Understanding Required Minimum Distributions

A lot of people have this fear of required minimum distributions. Understanding how RMDs work is important but you don't need to fear the future taxe…

MtoM #8 - $450K Paid Off In 2.5 Years

MtoM #8 - $450K Paid Off In 2.5 Years

This doctor paid off $450K in student loans in 2.5 years by prioritizing being debt free above all else. Impressive amount of discipline. That amount…

WCI #204: First Year of Retirement with Physician on Fire

WCI #204: First Year of Retirement with Physician on Fire

Physician on Fire has been retired from medicine for a year and half. Granted the pandemic kind of screwed up a lot of his plans, but we can get an i…

MtoM #7 - Psychiatrist pays off $330K in 3.5 Years

MtoM #7 - Psychiatrist pays off $330K in 3.5 Years

Are you a non traditional med student and think you’ll never be free of those loans? Think again. This psychiatrist finished training at 50 years old…

WCI #203: Benefits and Drawbacks of an MSO

WCI #203: Benefits and Drawbacks of an MSO

Management service organizations (MSOs) provide a range of administrative and managerial services to doctors. With the trend in practice ownership ch…

MtoM #6 - Millionaire Status - Automatically

MtoM #6 - Millionaire Status - Automatically

Dr. Cori is a hospitalist worth 2.8 million. She reached millionaire status 5 years out of training. Her secret to success? Automating and tracking h…

WCI #202: Working Together with Your Partner, with Mrs. WCI

WCI #202: Working Together with Your Partner, with Mrs. WCI

Managing finances with your partner can be challenging but it is hard to be successful if you don't learn to do it well. In this episode we discuss w…

MtoM #5 - Anesthesiologist Pays Off $300K in 2 Years

MtoM #5 - Anesthesiologist Pays Off $300K in 2 Years

Shifting your mindset, creating a plan, and executing that plan will lead to major success. That is what this doctor did to pay off $300K in student …

WCI #201: When to Rent vs Buy a Home

WCI #201: When to Rent vs Buy a Home

It is that time of year again when many doctors start asking, should I keep renting or buy a home? Well, truthfully many are asking how can I get som…

MtoM #4 - Military Pediatrician Pays off $150K in 15 Months

MtoM #4 - Military Pediatrician Pays off $150K in 15 Months

Paying off student loans quickly doesn’t take a high physician size income. It simply requires you to live like a resident for a little bit longer an…

WCI #200: Vetting Private Real Estate Deals

WCI #200: Vetting Private Real Estate Deals

Real estate is certainly a legitimate pathway to wealth that many people have followed. Our guest in this episode is Peter Kim of Passive Income MD. …

MtoM #3 - Become a Millionaire with the 1/3 Income Rule

MtoM #3 - Become a Millionaire with the 1/3 Income Rule

This millionaire radiologist graduated medical school with a net worth of a bottle of wine and a bicycle. 8 years out of training he was a millionair…

WCI #199: Asset Protection with Jay Adkisson

WCI #199: Asset Protection with Jay Adkisson

Attorneys who specialize in asset protection often use a lot of fear in their marketing materials. They want us to feel like we are going to be sued …

MtoM #2 - Pediatric Intensivist gets PSLF with No Hassle

MtoM #2 - Pediatric Intensivist gets PSLF with No Hassle

PSLF is real and can be received without major hassles. Dr. Yu is proof! He is a pediatric intensivist who owed $155K when he graduated school and ha…

WCI #198: Where to Save $100K for Private Real Estate

WCI #198: Where to Save $100K for Private Real Estate

For medicine and healthcare nationally, it is not good that as physicians, we are tending to abdicate our leadership opportunities. If we refuse to d…

MtoM #1 - High COLA Family Doc Slays $400K in Student Loans

MtoM #1 - High COLA Family Doc Slays $400K in Student Loans

Dr. Emily and her partner, both family doctors in a high cost of living area, paid off $400K+ in students loans in really only 4 years after deciding…

WCI #197: The Value of Physician Leadership

WCI #197: The Value of Physician Leadership

For medicine and healthcare nationally, it is not good that as physicians, we are tending to abdicate our leadership opportunities. If we refuse to d…

WCI #196: Understanding Tax Brackets

WCI #196: Understanding Tax Brackets

Understanding how the tax brackets work will aid your tax planning and make for more informed, reasonable discussions of tax policy. People don't act…

WCI #195: Investing Lessons from Christine Benz of Morningstar

WCI #195: Investing Lessons from Christine Benz of Morningstar

Morningstar has been around for 36 years and is by far the best place to get information about all of the mutual funds available. Our guest in this e…

WCI #194: The Backdoor Roth IRA Made Easy

WCI #194: The Backdoor Roth IRA Made Easy

Everyone should be contributing to a Roth IRA every year. This is retirement account space that you can't get back. Many of us need to contribute to …