Money Rx - Best Practices For Physicians

In this episode, Dave Jesiolowski and David Wagner discuss the evolution of investing strategies, emphasizing the need for a new playbook in today's market. They critique the outdated 60-40 portfolio model, explore the role of volatility as an opportunity, and delve into the use of options and tactical overlays for risk management. The conversation highlights the importance of diversification and return stacking, while also id...

 In this episode of MoneyRx, host Josh Taffer discusses the common question among physicians regarding how much money is needed to retire. He emphasizes that the focus should not be on a specific number but rather on the process of building a reliable financial system. Taffer introduces the endowment model, which is used by institutions to ensure long-term financial stability, and explains how this model can be adapted for personal...

In this episode of MoneyRx, host Dave Jesiolowski  speaks with Dr. Claude Brunson about the critical aspects of leadership in the medical field, emphasizing the importance of self-care, mentorship, and the internal conversations that shape effective leadership. They discuss the challenges of burnout among physicians, the necessity of setting boundaries, and the significance of finding one's passion in their professional journe...

In this episode of The Physician’s Financial Journey, Dr. Brunson explores the path from residency to retirement through the lens of real physician experiences. We unpack powerful stories, spotlight the most common financial mistakes doctors make, and reveal the strategies that lead to long-term financial success. Whether you’re early in your career or preparing your exit strategy, this episode offers actionable advice to help you ...

In this episode, Josh Taffer, CEPA® (Certified Exit Planning Advisor), discusses the importance of exit planning for private practice physicians. He outlines the five stages of exit planning: identify, protect, build, harvest, and manage.  Emphasizing the need to maximize the value of a physician's practice. Taffer also introduces the four Cs—human, structural, customer, and social capital—that contribute to business value. Th...

In this episode, Josh Taffer and Dave Jesiolowski discuss the various types of accounts physicians typically have, including traditional retirement accounts, taxable accounts, and Roth accounts. They explore the implications of taxes on these accounts, the benefits of tax-free growth in Roth accounts, and strategies for utilizing health savings accounts. The conversation emphasizes the importance of flexibility and control in finan...

In this episode of MoneyRx, hosts Dave and Josh discuss the critical importance of protecting assets, income, and lifestyle for physicians. They delve into personal and professional risks, emphasizing the need for income protection through disability insurance. The conversation covers various types of insurance, including business overhead insurance and life insurance, while providing insights on how to choose the right policies an...

In this episode of MoneyRx, hosts Dave and Josh discuss the critical aspects of selecting a financial advisor. They emphasize the importance of choosing the right people to influence financial decisions, the fiduciary responsibility of advisors, and the need for trust and connection. The conversation covers the role of financial advisors in a broader financial team, key questions to ask potential advisors, and the essential qualiti...

In this episode of Money Rx you'll discover how you can build a financial plan that lets you work because you want to, not because you have to.  Josh Taffer and Dave Jesiolowski discuss the five key areas of financial planning specifically tailored for physicians. They emphasize the importance of tax planning, risk management, asset location, cash flow management, and legacy planning. The conversation highlights common pitfall...

In the inaugural episode of the MoneyRx Podcast, hosts Dave Jesiolowski and Josh Taffer discuss the importance of financial education for physicians. Dave & Josh talk about various topics, including the challenges physicians face in managing their finances, the significance of execution in financial planning, and the critical factors to consider when choosing a financial advisor. The guys are looking to empower healthcare profe...