In this discussion, Dr. Bryan Jepson, an emergency physician turned financial planner and special needs consultant, shares his journey and expertise in financial planning for families with special needs children. He emphasizes the complexities of navigating trusts and government benefits as children grow older while offering personal insights drawn from his experience as a parent of two children with autism. Dr. Jepson also highlights the importance of tailored financial strategies and community support in achieving stability and security for these families.
57:23
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
question_answer ANECDOTE
Career Shift
Dr. Bryan Jepson's career path diverged from typical ER doctor after his son's autism diagnosis.
This led him to open an autism clinic, explore functional medicine, and eventually return to the ER due to financial pressures.
volunteer_activism ADVICE
Financial Management
Doctors should actively manage finances, either through DIY, validation, or delegation.
Choose a financial management strategy and commit to it diligently.
insights INSIGHT
Medicaid as Entitlement
Medicaid for special needs families should be viewed as an entitlement, not welfare.
It provides crucial lifetime support, covering expensive services like housing and long-term care.
Get the Snipd Podcast app to discover more snips from this episode
Today we are talking with practicing emergency physician and financial planner, Dr. Bryan Jepson. Dr. Jepson shares his journey from emergency medicine to opening a clinic to help children with autism before finding his way back to the ER and then into finance. In addition to being a physician and financial planner he is also a chartered special needs consultant. Dr. Jepson has two children with autism and shares his personal experience and his professional expertise around financial planning for families that have children with special needs. Navigating special needs trusts, able accounts, Social Security, Medicare and more can be complicated and requires a lot of work and time. We hope this episode helps anyone who is learning how to financially care for and support a special needs loved one.
Getting quality disability and life insurance should be the first financial chore for a doctor to complete. Most docs don't have the ideal policy for their gender, specialty, state, or health status and 1 in 7 doctors get disabled at some point during their career. Because these policies can only be purchased through brokers, we have put together a list of vetted agents who are experienced with working with the specific needs of medical professionals and who have your best interest at heart. If you have questions about insurance and what kind of policies would be the best fit for you, check out our insurance recommended list at https://www.whitecoatinvestor.com/insurance and feel the peace of mind that comes with knowing you have the optimal policy in place. You can do this and The White Coat Investor can help.
The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!
White Coat Investor Podcast