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.

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ADVICE

Financial Independence

Prioritize purpose and identity before money, as money is merely a tool.
Pursue financial independence through front-loading, passive income, or passion.

ADVICE

Finding Purpose

If unsure about your purpose, conduct a life review, reflecting on important life aspects.
Consider your childhood wishes and dreams, as children often have a clearer sense of purpose.

INSIGHT

Defining Wealth

True wealth encompasses financial resources, time, flexibility, and strong relationships.
Leverage these tools to live a fulfilling life, adapting to different seasons and circumstances.

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Today we talk with Dr. Jordan Grumet about how to live a regret free life. Dr. Grumet first read The White Coat Investor's Guide for Doctors back in 2014 and realized that he was already financially independent. This discovery opened his eyes to the fact that he could create more of the life he wanted. He sold his practice and reduced work hours and started spending his time where he really wanted to. He loved working in hospice and found great wisdom from people at the end of their lives and ultimately ended up leaving medicine, starting a podcast and writing a book. We think you will find this episode inspiring and will hopefully help you start to create a regret free life full of more of the things you love!

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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!

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