Are you a high-income earner looking for a savvy way to grow your wealth tax-free? In this episode of the Physicians Financial Checkup Podcast, host Brent Boden, CFP, dives into the Backdoor Roth IRA strategy—a game-changer for those who thought they were ineligible for Roth IRAs.

You’ll learn:
✅ The basics of a Roth IRA and why it's so valuable.
✅ What a Backdoor Roth IRA is and how it works.
✅ The pros and cons of this powerful strategy.
✅ Key steps to navigate its complexities, including the pro-rata rule.
✅ Who this strategy is ultimately designed for.

Ready to see if this strategy aligns with your goals?

🎧 Listen now to master this strategy and take control of your financial future!

#BackdoorRothIRA #HighIncomeEarners #TaxFreeGrowth #PhysiciansFinancialCheckup

Looking for holiday gifts that inspire kids to learn about

Brent dives into:

1. Fun & Engaging Board Games: Classic games like Monopoly and Monopoly Junior, The Game of Life, and Payday make learning about money management fun and interactive. Discover how each game teaches vital lessons on

2. Toys & Tech for Investing Basics: For tech-savvy kids, items like piggy banks with spending categories, the Greenlight

3. Books & Apps for Financial Literacy: Discover impactful books like Bunny Money by Rosemary Wells, Alexander,

4. Real-Life Money Management Experiences: Explore how gifting stocks, setting up a savings challenge, involving kids in family budgeting, and having regular money conversations can offer real-life learning opportunities that deepen kids’ understanding and confidence in financial management.

By starting early and making financial literacy part of your

In Episode 75 of the The Physicians Financial Checkup, host Brent Boden, CFP reveals how to master frugal living and create a path to financial abundance without sacrificing the things you love. We uncover myths about frugality—showing it’s about abundance, not deprivation. From building a wealth-focused mindset to adopting practical, money-saving strategies like “no spend” days, this episode equips you with the ultimate blueprint for a balanced, fulfilling life. Learn how to cut expenses, invest saved money for future growth, and be intentional about your financial goals.

👉 Ready to assess your financial health? Take the FREE Financial Wellness Checkup powered by Savology! In just 15 minutes, you’ll receive a personal report card on your finances and insights to guide your journey to financial success.

🔗Visit: https://bit.ly/PFCheckup

#FrugalLiving #FinancialAbundance #PhysiciansFinancialCheckup #WealthBuilding #SmartSpending #FinancialWellness #FinancialFreedom #InvestingSmart #MoneyMindset #BrentBodenCFP #FinancialSuccess

In Episode 74 of The Physicians Financial Checkup podcast, host Brent Boden, CFP provides invaluable guidance for healthcare professionals and anyone preparing for the journey of caring for aging parents. In honor of Long-Term Care Awareness Month, this episode dives deep into the key financial and emotional considerations to plan effectively for your parents' care while balancing your own financial goals.

We begin by breaking down the true costs of long-term care and why it’s essential to plan for a range of potential expenses. Next, we tackle navigating long-term care insurance—how to evaluate policies, avoid common pitfalls, and determine the best options for your family. We’ll also cover the critical legal documents you need to have in place, such as powers of attorney, healthcare directives, and wills, which are essential for ensuring your parents’ wishes are honored.

Balancing financial goals for yourself and your parents can be challenging, so we explore practical tips for aligning your financial future with your caregiving responsibilities. Lastly, we share advice on how to have “the talk” with your parents and family—how to approach difficult conversations about finances, future care, and making sure everyone is on the same page.

If you’re ready to take control of your financial health and better prepare for aging parents’ needs, make sure to take our FREE Financial Wellness Checkup powered by Savology. This quick 15-minute quiz gives you a personalized report with insights to strengthen your financial plan, including strategies for long-term care and caregiving.

Tune in now for essential insights to navigate the complexities of planning for aging parents with confidence and peace of mind!

#LongTermCare #AgingParents #FinancialWellness #FamilyFinance #CaregivingTips #PhysiciansFinancialCheckup

Hosted by Brent Boden, CFP, the Physicians Financial Checkup podcast dives into the essential financial strategies every doctor, dentist, and healthcare professional needs to know.

In this episode, we’re uncovering the 5 Untold Truths about Wealth Management that every medical professional should understand if they want to achieve financial success. High incomes don’t guarantee financial freedom, and managing wealth effectively requires a personalized strategy.

Take control of your finances today by completing your FREE Financial Wellness Checkup powered by Savology—it only takes 15 minutes and provides a personalized report to help you take the next step in your financial journey!

Here's what we will cover in this episode:

💡 Call to Action:
If you’re ready to gain clarity on your finances and see where you stand on your journey to financial freedom, don’t wait! Take the FREE Financial Wellness Checkup powered by Savology. In just 15 minutes, you’ll receive a personalized financial report with actionable insights to help you move forward.

👉 Get your free checkup here! 🔗

Tune in now to discover how to effectively manage your wealth and build a secure financial future as a healthcare professional. Don’t miss these valuable insights!

In Episode 72 of the Physicians Financial Checkup Podcast, host Brent Boden, CFP, provides invaluable guidance for high-net-worth doctors and medical professionals transitioning from the accumulation phase of their financial journey to the all-important retirement distribution phase. Retirement is more than just stopping work—it's about ensuring that your wealth continues to support the lifestyle you’ve worked so hard to build.

Brent dives deep into the key elements of building a retirement income plan that is both effective and efficient. He covers essential strategies like diversifying your income streams to ensure stability, minimizing taxable income during retirement, and leveraging Roth conversions to maximize tax advantages. You’ll also learn how to optimize your Social Security benefits to fit your unique situation, while understanding the complexities of Required Minimum Distributions (RMDs) and how to avoid costly mistakes.

Healthcare in retirement can be a major concern, and Brent explains how to plan for Medicare IRMAA surcharges, long-term care, and other healthcare costs to protect your wealth. Estate planning is also a crucial part of your retirement strategy—whether it’s protecting your assets, planning for charitable giving, or leaving a legacy for your family, Brent provides tips to ensure your estate plan aligns with your goals.

This episode is packed with actionable insights tailored to high-net-worth doctors who want to make the most of their retirement. Whether you're approaching retirement or already there, understanding these strategies is crucial for maintaining financial independence, protecting your legacy, and securing peace of mind.

Feeling uncertain about where you stand on your financial journey? Take control of your future by completing our FREE Financial Wellness Quiz! In just 15 minutes, you’ll get a personalized financial health report that helps identify areas for improvement and actionable steps to take toward achieving financial freedom. Don’t wait—empower yourself with the knowledge you need to plan confidently for your future.

Take the quiz now!
👉 https://bit.ly/FinWellQuiz

Join us on this episode and take the next step toward building the retirement you deserve. And remember, it's not just about retiring—it's about retiring well.

#PhysiciansFinancialCheckup #RetirementPlanning #HighNetWorth #FinancialFreedom #WealthManagement #DoctorsRetirement #RothConversion #RetirementIncome

In this episode of the Physicians Financial Checkup Podcast, host Brent Boden, CFP, dives into one of the most critical financial questions—how much do you need to save for retirement? Whether you're just getting started or looking to refine your savings strategy, this episode is packed with valuable insights to help you build a solid retirement plan tailored to your income level.

Brent explains the basics of retirement savings, including a general rule of thumb for calculating your nest egg and how factors like time, return on investment, inflation, and lifestyle can impact your overall savings goals. He also provides real-world examples for different income levels, showing how the power of compound interest can exponentially grow your savings over time—if you start early and stay consistent.

Don’t miss out! Take the FREE Financial Wellness Checkup today to see where you stand on your retirement savings journey: https://bit.ly/FinWellQuiz 🔗

Tune in to this episode for actionable strategies to set yourself up for a comfortable and confident retirement, no matter your income level! 🎧

#RetirementPlanning #RetirementSavings #PhysiciansFinancialCheckup #CompoundInterest #FinancialFreedom #Doctors #Dentists #WealthManagement #FinancialPlanning

In Episode 70 of the Physicians Financial Checkup Podcast, host Brent Boden, CFP dives into two key retirement concerns: Social Security and Medicare.

Learn the best strategies for deciding when to claim Social Security, how early or delayed claims impact your benefits, and the tax implications of your Social Security income.

Discover the Medicare basics, including Medicare Part A, Part B, and Part D, eligibility criteria, how IRMAA affects high-income earners, and the importance of annual Medicare enrollment. This episode is a must-listen for retirees or those nearing retirement who want to maximize their financial security.

Subscribe to the Physicians Financial Checkup Podcast for more expert insights into financial planning for doctors, dentists, and healthcare professionals.

If you found this episode helpful, share it with your colleagues and friends! Got questions about Social Security, Medicare, or other financial topics?

Take our FREE Financial Wellness Quiz in just 15 minutes to discover where you stand on your journey to financial freedom. Get a personalized report to help guide your next steps toward achieving your

Schedule a complimentary consultation with Brent Boden, CFP, to discuss your personal financial goals and get tailored advice!

Join Brent Boden, CFP, host of the Physicians Financial Checkup, as he sits down with tax expert Mike Jesowshek, CPA, founder of TaxElm and host of the Small Business Tax Savings Podcast.

In this insightful episode, they explore essential and advanced business tax strategies designed to help entrepreneurs and small business owners minimize their tax burdens.

From maximizing deductions to leveraging the right business software for operational efficiency, Mike shares practical tips to help you save on taxes legally and efficiently.

Discover how these strategies can enhance your business growth and wealth creation. Whether you’re a seasoned business owner or just starting out, this episode is packed with actionable advice to help you manage your taxes like a pro.

⭐Do you want to maximize your job

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👆Subscribe for more insightful financial tips

➡️🔗youtube.com/@brentboden

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➡️ instagram.com/btboden/

#BusinessTaxSavings #TaxStrategies #BusinessDeductions #TaxPlanning #SmallBusinessOwner #Entrepreneurship #PhysiciansFinancialCheckup #MikeJesowshek #TaxElm #TaxSavingsPodcast #BrentBoden #CFP

In this episode of Physicians Financial Checkup, host Brent Boden, CFP, takes a deep dive into the topic of lifestyle creep—also known as the 'keeping up with the Joneses' mentality—that often affects doctors, dentists, and medical professionals as their income increases.

Brent explains what lifestyle creep is, how to recognize its subtle signs, and the long-term impact it can have on your financial future if left unchecked.

Brent also shares four smart spending decisions to help you keep expenses in check while still enjoying your hard-earned success.

Additionally, you'll discover four powerful ways to invest in yourself and your future, whether it's through brokerage accounts, real estate, or personal development.

Finally, Brent discusses how to avoid the pressure to 'keep up with the Joneses' and focus on financial decisions that align with your personal values and long-term goals.

If you're ready to take control of your finances and avoid the pitfalls of lifestyle creep, schedule a complimentary consultation with Brent to assess your personal financial goals.

Take the first step towards lasting financial freedom and future success!

⭐Do you want to maximize your job

--------------

👆Subscribe for more insightful financial tips

➡️🔗youtube.com/@brentboden

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⭐CONNECT WITH ME on Instagram⭐