White Coat Investor Podcast
MtoM #223: ER Doc Gets His Finances in Order and Finance 101: Donor Advised Funds
May 19, 2025
Chris Reiba, an emergency medicine physician at the University of Utah, shares his enlightening journey to financial stability. He reveals how hiring a trustworthy financial advisor transformed his understanding of wealth-building. Chris discusses the newfound simplicity in growing wealth with proper education and his goal of becoming work optional by 50. The conversation also covers the ins and outs of Donor Advised Funds, exploring their tax benefits and value for charitable giving. A valuable discussion for any medical professional seeking financial clarity!
27:24
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Quick takeaways
- Dr. Reiba's journey highlights the transformative impact of working with a financial advisor to achieve financial literacy and security.
- The podcast emphasizes the importance of proactive retirement savings and strategic fund allocation to secure long-term financial health.
Deep dives
Dr. Chris Reiba's Journey to Emergency Medicine
Dr. Chris Reiba shares his unique path to becoming an emergency medicine physician, originating from a non-medical family in the Chicagoland area. Initially lacking interest in the medical field, he found his passion for emergency services through a combination of luck and circumstances during high school, ultimately becoming a paramedic. After working for several years, he returned to complete his bachelor’s degree, which led him to medical school at Loyola University, despite not envisioning this trajectory initially. Throughout his career, Chris has blended his EMS background with his medical training, contributing to a diverse skill set that now serves him well in both his ER and community medicine roles.
