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Saving Less Saved My Career (Coast FIRE)

Episode 279 Published 2 months ago
Description

What if your first three years as an attending decide whether you work three days a week in your 40s—or six days into your 60s?

Dr. Jimmy Turner burned out early in his career—antidepressants, 1.3 FTE, the works—before discovering the fix: working less. He and Justin Harvey, CFP, break down Coast FIRE, your Wealth Accumulation Rate, and why the savings decisions you make right out of training set a trajectory you'll feel for decades.

What you'll learn:

  • Why a ~30% Wealth Accumulation Rate early on can buy you a 3-day clinical week later
  • How Coast FIRE lets you save less down the road and still reach financial independence on time
  • The two kinds of autonomy—personal and professional—that really drive physician burnout
  • A smarter take on "live like a resident" so you can enjoy your income without losing the plot
     

Resources:

Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA

Every doctor needs own-occupation disability insurance. Get it from a source you can trust: https://moneymeetsmedicine.com/disability

Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Snag your copy here: https://moneymeetsmedicine.com/freebook


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