Financial Independence Retire Early (F.I.R.E.) is one way to approach your financial life but it might not be the best way. Understand the pros and cons of FIRE. Know the difference between "getting rich" and gaining control of money. Hear how financial independence offers you the freedom to practice your way without walking away from  the work you love. Is FIRE right for you? Listen to the end where we share the one thing you need to know as you come to your own conclusion about your future in medicine.

ASK US A QUESTION

Questions about taxes, investing, extra money, retirement, college or raising kids with money?

Email us: [email protected]

Physician Family Answer Line: (503) 308-8733

IN THIS EPISODE

[ 0:58 ] What is Financial Independence?

[ 1:55 ] What does Retire Early mean?

[ 3:50 ] Are there positives to the Retire Early approach?

[ 6:00 ] Is retiring early for physicians a bad idea?

[ 10:22 ] The shame some physicians are feeling for not reaching financial independence quickly enough.

[ 12:36 ] For physicians that find meaning and purpose in their work, how should they approach financial independence? Should they care?

[ 15:32 ] How much is it costing physicians, with their time and energy, to become financially independent so quickly to retire early?

[ 19:18] Finding balance with FIRE.

[ 21:04] Why are some people who become financially independent not retiring early?

[ 24:13] Is it a good idea for doctors to set themselves on FIRE?

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.

Disclaimer: See marketing disclosures at www.physicianfamily.com/disclosures.

Physician moms and dads: wouldn't it be sweet if there was a podcast made just for you? We hope this is it. Welcome to the Physician Family Financial Advisors Podcast, where we turn today’s worries about money into a comfortable feeling of financial security to last you and your family a lifetime. As CERTIFIED FINANCIAL PLANNER™ professionals, we are here to answer your questions about how to become financially secure. And as parents, we are here to help you raise financially responsible children. In this first episode, we talk about exactly which doctors should listen and what makes us qualified to cover these important issues. You'll also Find out why we became financial advisors. how we're leading our clients and our own families into the financial world and what you can do to join us on this journey. Got questions about taxes, investing, extra money, retirement, college or raising kids with money? Your colleagues do, too. Listen to the questions we'll answer for them or submit a question of your own by emailing [email protected] or by leaving a question on the Physician Family Answer Line at (503) 308-8733. We hope you'll enjoy the show!

ASK US A QUESTION

Email [email protected] or call the Physician Family Answer Line at (503) 308-8733.

IN THIS EPISODE

[ 0:33 ] Why Ben and Nate created the podcast.

[ 1:22 ] Ben’s work experience, how he got started as a financial advisor for physicians and started his firm Physician Family Financial Advisors.

[ 5:17 ] The questions they typically receive from their clients.

[ 5:43 ] Why Nate chose to join the Physician Family Financial Advisors firm and his background as a financial advisor.

[ 11:05 ] What makes Ben and Nate qualified as financial advisors for physicians and their families?

[ 14:18] What kind of physician this podcast is specifically focused on.

[ 18:07 ] How listeners can submit questions for the Physician Family Financial Advisors Podcast to answer.

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.

Disclaimer: See marketing disclosures at www.physicianfamily.com/disclosures.