Money Meets Medicine

In this episode of the Money Meets Medicine podcast, hosted by Dr. Jimmy Turner and his co-host Justin Harvey, they discuss the potential financial consequences of sticking with the wrong financial advisor during one's career and retirement. They emphasize the importance of financial literacy for physicians, highlighting three groups of doctors based on their financial advisory needs: do-it-yourselfers, those who need help with fine-tuning, and those who prefer to outsource entirely. The discussion covers red flags that signal a problematic advisor, such as lack of fee transparency and inadequate knowledge of physician-specific financial needs. They also provide practical advice on how to fire a financial advisor, stressing the importance of being transparent and clear. They conclude with resources for finding the right advisor and emphasize the value of technical competency and integrity in financial advising. Looking for a good financial advisor? Check out Justin at https://apm-wealth.com/  Need own-occupation disability insurance? Get quotes here: https://moneymeetsmedicine.com.disability

In this episode, hosts Justin Harvey CFP and Dr. Jimmy Turner discuss the financial strategy revealing that $10,000 of income in retirement is equivalent to having $250,000 in retirement savings. They explore how physicians can plan for retirement, potentially requiring less money by generating passive income sources. The discussion includes the FIRE (Financial Independence Retire Early) movement, the 25X rule, and sequence of return risk.  Get disability insurance quotes at https://moneymeetsmedicine.com/disability Or download a free copy of the best-selling book The Physician Phillosopher's Guide to Personal Finance at https://moneymeetsmedicine.com/freebook

Dr. Jimmy Turner and co-host Justin Harvey reflect on the major financial milestones that doctors often aim for—and why tracking progress matters so much for financial motivation, clarity, and well-being. Join in as they tackle net worth goals, how Jimmy paid off $200,000 in student loans, and other milestones worth celebrating on the physician financial journey. If you are just getting started on your financial journey, make sure to download a free copy of Jimmy's book The Physician Philosopher's Guide to Personal Finance: https://moneymeetsmedicine.com/freebook Looking for disability insurance from an agency you can actually trust? Get quotes at https://moneymeetsmedicine.com/disability

What if I made you pick the one priority that was above all others? And how does money help us actually live that out? In this episode Dr. Jimmy Turner talks with Justin Harvey CFP about his journey through burnout, cutting back from medicine, and eventually coming back to full-time medicine after sorting it all out. What has he learned? How did personal finance play a part in helping Jimmy carve out a careeer he loves? They discuss this all and more on this episode of Money Meets Medicine. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher’s Guide to Personal Finance?  Visit https://moneymeetsmedicine.com/freebook

In this episode of the Money Meets Medicine podcast, hosts Justin Harvey and Dr. Jimmy Turner delve into the considerations physicians should make when deciding to lease or buy a car. The episode explores personal anecdotes, financial implications, and practical advice on car ownership. Dr. Turner discusses his experiences with owning multiple cars and the practicality of vehicles for a busy family life. Harvey and Turner also emphasize the importance of evaluating one's values, future circumstances, and financial goals before making car-related decisions. They underline the potential advantages and pitfalls of leasing, particularly for those who frequently change vehicles.  Need disability insurance? Get a quote from https://moneymeetsmedicine.com/disability