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White Coat Investor Podcast
WCI #347: How To Live a Regret Free Life with Jordan Grumet
Dec 28, 2023
Dr. Jordan Grumet, a physician who discovered financial independence, shares his journey to creating the life he wanted. He talks about finding wisdom in hospice care, leaving medicine, and starting a podcast and writing a book. The podcast explores living a regret-free life, finding true wealth beyond money, and the importance of reflecting on the past and embracing setbacks as opportunities for growth.
46:18
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Quick takeaways
- Identifying your purpose and aligning your actions with what truly matters can help you live a regret-free life.
- Wealth extends beyond money, encompassing time, relationships, and personal fulfillment.
Deep dives
Building a Financial Framework for a Regret-Free Life
Building a financial framework begins with identifying your purpose and identity, allowing you to align your financial goals with who you want to be and what you want to do. Financial independence is a key component, providing the freedom to live life on your own terms. There are three pathways to financial independence: saving and investing, generating passive income through side hustles, or pursuing a passion that can support your financial needs. Finding a balance between living for today and saving for tomorrow is crucial, guided by the question of what scares you more: running out of money in the long run or facing regrets by not enjoying life to the fullest.
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