Money Talk For ER Docs™

Ep #237: Comfortably Stuck: How "The System" Keeps High Earners From Building Wealth


Listen Later

Today, we're going to dive into a mindset shift that every high-earning professional needs to hear, especially our ER doc families making strong incomes. It's tempting to think that a $400K household is financially invincible. But the truth is: the system isn't designed to make you wealthy. It's designed to keep you comfortable. 

And comfortable, if you're not careful, is the enemy of wealthy. We're going to walk through a real-world hypothetical of a $400K-earning ER doc, a stay-at-home parent, two kids, and all the common expenses that come with the lifestyle to show you exactly how easy it is to spin your wheels and not actually build wealth.

...more
View all episodesView all episodes
Download on the App Store

Money Talk For ER Docs™By ER Doc Advisor

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

12 ratings


More shows like Money Talk For ER Docs™

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,167 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,976 Listeners

Money For the Rest of Us by J. David Stein

Money For the Rest of Us

1,362 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,521 Listeners

ChooseFI by ChooseFI

ChooseFI

5,085 Listeners

White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

White Coat Investor Podcast

2,432 Listeners

NerdWallet's Smart Money Podcast by NerdWallet Personal Finance

NerdWallet's Smart Money Podcast

750 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

897 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,054 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

432 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,969 Listeners

Money Meets Medicine by Doctor Podcast Network, Jimmy Turner MD

Money Meets Medicine

219 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

790 Listeners

All the Hacks with Chris Hutchins by Chris Hutchins

All the Hacks with Chris Hutchins

1,577 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

727 Listeners