Finance for Physicians

Are your life insurance decisions still aligned with your current lifestyle and financial goals?

Life insurance is one of those financial planning topics physicians often set up early in their careers and rarely revisit, even though their income, family needs, assets, and long-term goals may have changed dramatically over time.

In this episode, Daniel Wrenne is joined by Ryan Inman of Financial Fellowship to discuss how mid-career physicians should reassess their life insurance needs. They break down how spending habits, growing assets, and changing family dynamics affect coverage needs over time.

Listen in to learn how to evaluate existing policies, when it may make sense to reduce or restructure coverage, and why life insurance planning should adapt as your financial life changes.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.

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Are you worried that you started saving for your child’s college too late?

Many physicians don't begin serious college savings until later in their careers, but by then, retirement savings, debt payoff, and buying a home can compete for attention.

That's why understanding 529 plans is so important.

In this episode, Daniel Wrenne is joined by Ryan Inman, co-author of Financial Residency and host of the Financial Fellowship podcast, to discuss 529 plans, college savings strategies, and financial planning for physicians. 

Listen in to learn how 529 plans work, why starting today still matters, and how to balance college savings with retirement planning.

You'll hear practical advice for doctors who want to save for college while still achieving other financial goals.
 

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Are small financial mistakes quietly making it harder for you to practice medicine on your own terms?

Physicians often assume that a strong income will naturally lead to financial security, but that’s rarely how it works.

In reality, the biggest financial setbacks usually come from avoidable habits and decisions that seem harmless in the moment.

In this episode, Daniel Wrenne is joined by Hugh Baker to address some of the most common ways doctors unintentionally derail their finances, including the patterns they see most often in physician households.

Listen in to learn how physicians can avoid some of the most common financial traps, why high income alone doesn’t guarantee financial freedom, and how a few overlooked habits can quietly keep you stuck longer than necessary.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Are you missing out on one of the most powerful tax-advantaged ways to save for your kids’ education?

Saving for your children’s education can feel overwhelming, especially when you’re balancing student loans, retirement planning, and a busy medical career. Yet one of the most effective tools available to physician families, the 529 plan, is often misunderstood or underused.

In this episode, Daniel Wrenne is joined by Theresa Scheu to break down how 529 plans actually work and why starting early can make a significant difference. They discuss the tax advantages, how state plans vary, and why many physician families benefit from using these accounts as part of a long-term education strategy.

Listen in to learn how 529 plans provide tax-free growth for education expenses, why early contributions benefit from compounding, how to evaluate state plans and potential tax deductions, and the flexible ways these accounts can be used for education across your family.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Are your student loans quietly changing while you’re focused on tax season?

Most physicians know tax season is stressful, but fewer realize that the decisions they make right now (like how they file and when) can directly impact their student loan payments for the next 12 months.

In this episode, Daniel Wrenne sits down with Jeff Wenger to break down the latest student loan updates, how AGI affects income-driven repayment calculations, and what's happening with the SAVE plan and PSLF buyback program.

Listen in to learn why filing jointly versus separately could significantly lower your student loan payments, how filing an extension might work in your favor, and what to do right now if you're pursuing PSLF and have months stuck in the SAVE forbearance.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Are you treating taxes like an annual chore instead of a long-term strategy?

Taxes are one of the biggest ongoing expenses physicians face, yet most doctors receive little to no formal education on how to manage them strategically.

In this episode, Daniel Wrenne sits down with Logan Foltz, founder of TaxSmart MD and a former practicing psychiatrist, to talk about what physicians should really understand about tax planning, tax preparation, and how to avoid costly surprises.

Listen in to learn why so many doctors feel frustrated with their accountants, the difference between tax preparation and tax planning, and what to look for when hiring a tax professional.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.  

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Buying a home as a physician looks very different than it does for most buyers, especially in today’s uncertain housing and lending market.

In this episode, Daniel Wrenne sits down with Doug Crouse, a mortgage specialist at BMO, to discuss the current state of physician mortgages, how the housing market has evolved post-COVID, and what doctors should know when considering a home purchase.

Listen in to hear Doug's perspective on declining markets in Florida and Idaho, why fewer residents are buying homes now compared to pre-COVID, and how banks are loosening lending limits as prices continue to climb.

You'll get a practical perspective on PMI-free lending, the unique underwriting advantages of physician loans, and Doug's predictions for mortgage rates over the next few years.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.  

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Physicians often feel pressure to either manage their finances entirely on their own or hand everything off to an expert.

In reality, it's usually best to land somewhere in between.

Today, Daniel Wrenne is joined by Heather Lovallo to discuss how to think intentionally about whether to do it yourself, collaborate with a professional, or fully outsource your financial planning.

Listen in to hear the real considerations behind each approach and the factors that matter most.

You'll get practical guidance for early-career physicians setting a foundation, as well as a simple self-assessment to help identify where you fall on the DIY-to-outsourcing spectrum.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.  

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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Every year, we hear the same question from physicians: What should I read or listen to if I want to get better with money without drowning in jargon?

In this episode, we step back from tactics and spreadsheets to talk about the personal finance books and podcasts our planning team consistently recommends.

Daniel Wrenne is joined by Theresa Scheu to walk through a curated list of books and shows that have shaped how our planners think about money, behavior, and decision-making.

Rather than technical investing manuals, these recommendations focus on habits, mindset, values, and long-term perspective.

The conversation spans classics like The Richest Man in Babylon and The Millionaire Next Door, newer favorites like The Psychology of Money and The Wealth Ladder, and podcasts that help make sense of both personal decisions and the broader economic landscape.

Listen in to hear why so many of these recommendations emphasize behavior over brilliance, how thinking intentionally about spending can be just as important as saving, and common themes that show up again and again.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.  

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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As 2025 comes to a close, let’s sit down for an end-of-year round table to reflect on the themes that shaped the year and what physicians can take forward into 2026.

In this conversation, Daniel Wrenne is joined by Hugh Baker and Jackie Griggs to reflect on the recurring themes they saw throughout the year.

Listen in as they discuss the uncertainty driven by student loan changes, market volatility, political noise, and the constant stream of headlines competing for attention.

You'll learn how many physicians managed anxiety around PSLF, investing during market swings, and making big life decisions without clear answers.

They also share thoughtful guidance on wrapping up the year with intention by revisiting goals, checking progress, thinking about giving, and preparing for known changes ahead.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here.  

P.S. We value your opinion! Share your thoughts and insights with us. Your feedback helps us improve and tailor our content to your needs. Click here to give us a piece of your mind.

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