MtoM #143: Emergency Doc Becomes Millionaire in 2 Years and Finance 101: How to Spend in Retirement

Nov 6, 2023

Emergency Medicine doc turned millionaire in 2 years shares strategies for financial success. Discusses early retirement strategies, minimizing penalties and adjusting spending in retirement. Explores limitations of the 4% rule and encourages higher spending for wealthier retirees.

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Introduction

00:00 • 2min

An Emergency Medicine Physician's Journey to Becoming a Millionaire in Two Years

02:09 • 4min

Financial Success and Future Goals

06:36 • 10min

Strategies for Early Retirement and Minimizing Penalties

16:42 • 8min

Spending in Retirement and Encouraging Millionaires to Spend More

24:47 • 3min

Today we are talking with an emergency medicine doc who became a millionaire only 2 years after training. He is the perfect example of how quickly you can get ahead financially if you educate yourself in medical school. If you can hit the ground running as soon as training is over it will make a massive impact on your nest egg. After the interview we will be talking about how to spend in retirement.

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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 channel is for you!

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