In this episode, hosts Justin Harvey CFP and Dr. Jimmy Turner discuss the financial strategy revealing that $10,000 of income in retirement is equivalent to having $250,000 in retirement savings. They explore how physicians can plan for retirement, potentially requiring less money by generating passive income sources. The discussion includes the FIRE (Financial Independence Retire Early) movement, the 25X rule, and sequence of return risk.
Get disability insurance quotes at https://moneymeetsmedicine.com/disability
Or download a free copy of the best-selling book The Physician Phillosopher's Guide to Personal Finance at https://moneymeetsmedicine.com/freebook
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