Disability Insurance Mistakes with Mike Kittner
Money Meets Medicine with Dr Jimmy Turner
Release Date: 11/01/2023
Is Group Disability Insurance Enough?
Money Meets Medicine with Dr Jimmy Turner
Is group disability offered by your employer enough (the answer is “no”)? Or do you need to supplement with an individual own-occupation disability insurance policy? In this episode, we discuss all things DI from portability, cost-of-living adjustments, how much disability insurance you need and more/ Need a student loan plan? Own-Occupation Disability Insurance? You can get both at https://moneymeetsmedicine.com Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit https://moneymeetsmedicine.com/freebook
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How to Earn More Money
Money Meets Medicine with Dr Jimmy Turner
If you are a W-2 employed physician, it may seem like you cannot bring home more money, even if you wanted to. Is that really true, though? In this show we discuss multiple ways that an employed physician can earn more money. Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit Every doctor needs own-occupation disability insurance. To get it from a source you can trust?
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How Much Is a Financial Advisor Worth?
Money Meets Medicine with Dr Jimmy Turner
The cost of a financial advisor gets a lot of airtime, but what can a financial advisor save you? In other words, what is a financial advisor worth? In this show, we discuss a Vanguard study that looked into the exact amount a financial advisor is worth, and nailed it down to 6 categories we discuss on the show. If you have never considered getting a financial advisor, you just might by the end. Need own-Occupation Disability Insurance from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher’s Guide to Personal...
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Tax Efficient Ways to Give to Charity
Money Meets Medicine with Dr Jimmy Turner
Are there tips and tricks for donating to charity? (The answer is yes). Should you donate at all? Listen in as we talk charitable giving, donor advised funds (DAFs), and other charitable giving hacks for high-earners. Need a student loan plan? Own-Occupation Disability Insurance? You can get both at https://moneymeetsmedicine.com Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit https://moneymeetsmedicine.com/freebook
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Is Financial Independence the Cure to Burnout? (Updated)
Money Meets Medicine with Dr Jimmy Turner
Approximately 50% of physicians are burned out in medicine. Even more wouldn’t recommend medicine to their family members or friends. This begs the question, why then do doctors stay in a job that they don’t like? Some say that the answer is that they often cannot financially afford to leave. Is this true? How does personal finance and financial independence play a part in physician burnout? That’s what we discuss in this episode. Make comments on corporate limits → https://www.regulations.gov/document/FTC-2024-0022-0001 Need a student loan plan? Own-Occupation Disability...
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Transitioning to a New Job with Dr. Lisha Taylor
Money Meets Medicine with Dr Jimmy Turner
Are you starting a new job as a physician? Maybe it is your first job ever as an attending? Listen in as we discuss all the must-do financial tasks including negotiations, benefits, changing budgets, and how to make sense of all things personal finance for new attending physicians. Make sure to check out Lisha's new podcast Wealth Minded MD! Every doctor needs own-occupation disability insurance. To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit...
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Buying Versus Renting a House
Money Meets Medicine with Dr Jimmy Turner
One of the most common questions I get is whether a doctor should buy or rent a house. Sometimes this is after training when considering buying or renting a house at their first job. Even more often it is following medical school when soon-to-be residents and physicians are trying to decide if they should buy or rent. In this episode, we discuss the time you need to stay, the current housing market, and other considerations physicians should have to decide whether they should buy or rent a home. Every doctor needs own-occupation disability insurance. To get it from a source you can...
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Pre-Tax versus Roth Investing
Money Meets Medicine with Dr Jimmy Turner
Every doctor needs own-occupation disability insurance. To get it from a source you can trust? Visit Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit
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Avoiding the 59 ½ Rule
Money Meets Medicine with Dr Jimmy Turner
Whether you want Financial Independence so you can retire early (FIRE) or you are nearing early retirement, the early retirement penalty imposed at age 59.5 must be considered. Here are some ways to bridge that early retirement gap until age 59.5. Every doctor needs own-occupation disability insurance. To get it from a source you can trust? Visit Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit https://moneymeetsmedicine.com Reference:
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Pros and Cons of a HELOC
Money Meets Medicine with Dr Jimmy Turner
Home equity lines of credit (HELOCs) used to be all the rage. Are HELOC’s still worth your time as a high-income earner? Tag along as we discuss the pros and cons of HELOCs. Every doctor needs own-occupation disability insurance. To get it from a source you can trust? Visit Want a free copy of The Physician Philosopher’s Guide to Personal Finance? Visit
info_outlineThe #1 financial task for a doctor is getting disability insurance. Why? Because you can know everything there is to know about investing or paying down debt, but if you don't have an income... neither of them matter.
Looking for Disability Insurance from a source you can trust? Visit Money Meets Medicine
Our guest on this show, Mike Kittner went from being a middle school educator (married to a physician) to an insurance agent who helps doctors take care of that #1 financial task.
Tune in as we discuss:
- The most common mistakes doctors make with disability insurance
- Conflicts of interest within the insurance industry
- How to make sure your disability policy is the right kind
- Where to get disability insurance
- The kind of riders that you want in your disability policy
- and more
Looking for Disability Insurance from a source you can trust? Visit Money Meets Medicine