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White Coat Investor Podcast

MtoM #159: Surgeon Gets PSLF Via the Waiver and Finance 101: Probate

Feb 26, 2024
25:45
Snipd AI
A surgeon shares how she got $250,000 forgiven with PSLF, talks about net worth growth post-training. Finance 101 covers probate, importance of disability and life insurance for doctors. Focus on optimal insurance policies for medical professionals and the significance of financial planning since 2011.
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Podcast summary created with Snipd AI

Quick takeaways

  • Doctors need quality disability and life insurance as 1 in 7 may face disability during their career, policies must be obtained through specialized brokers.
  • Surgeon Shana achieved $245,000 loan forgiveness through a unique waiver and consolidation strategy, emphasizing the importance of taking advantage of current waivers.

Deep dives

Importance of Disability and Life Insurance for Doctors

Getting quality disability and life insurance should be the priority for doctors as one in seven doctors may face disability during their career. These specialized policies tailored for medical professionals can only be obtained through brokers who understand the unique needs of doctors and prioritize the best interests of the individual.

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