#253 How to Protect Your Wealth: Asset Protection Strategies for Physicians
Release Date: 03/03/2025
The Passive Income MD Podcast
In this episode, Dr. Peter Kim chats with Dr. Tyler De Jong, an internal medicine physician and healthcare innovator, about his journey from private practice to embracing remote patient monitoring. Dr. De Jong shares how technology has improved patient outcomes and boosted his practice’s revenue while helping him regain time and reduce burnout. If you're a physician looking to optimize your practice or curious about the future of healthcare, this episode is for you!. Tune in! DrKumo brings this episode to you. Drkumo is dedicated to educating and empowering individuals about the...
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In this episode, Dr. Peter Kim interviews Jesse Stein, Chief Investment Officer at HomeShares, to explore a unique and fast-growing corner of real estate investing—home equity agreements. Together, they break down how these agreements work, why homeowners are turning to them for liquidity, and how investors can benefit from built-in downside protection and strong returns without the hassle of managing properties. Whether you’re curious about diversifying your portfolio or discovering new ways to unlock real estate value, this conversation offers a fresh perspective on an emerging...
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In this episode, Dr. Peter Kim interviews Austin Dean, Founder and CEO of Waystone Advisors, to explore a fresh approach to building wealth through nontraditional financial planning. Austin shares how physicians and high-income earners can escape “money jail,” create financial flexibility today, not just at retirement, and leverage alternatives like real estate, private lending, and other assets to design a life they love. If you’ve ever wondered how to take control of your money and buy back your time, this episode is for you. Tune in! Waystone Advisors brings this episode to...
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In this episode, Dr. Peter Kim interviews Dan Peck, Senior Loan Officer at Movement Mortgage, to tackle a common question: Should you still buy real estate with high interest rates? Dan shares valuable insights on navigating today’s market, explains creative mortgage solutions, and highlights why real estate remains a smart long-term investment. Whether you're a first-time buyer or seasoned investor, this episode will help you make informed decisions. Tune in! Movement Mortgage brings this episode to you. Dan Peck and his team at have been working with clients to help them...
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In this episode, Dr. Peter Kim tackles a question nearly every physician faces: Should you hire a financial advisor or manage your money yourself? You’ll learn the three questions to ask before hiring one, the pitfalls to avoid, and why you should never fully hand over control of your finances. Whether you’re early in your career, nearing retirement, or somewhere in between, this episode will help you make a smarter, more confident decision about your financial future. Tune in! Eckard Enterprises brings this episode to you. , LLC, is a family-owned and operated alternative investment...
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In this episode, Dr. Peter Kim dives into the guilt and cultural pressure many physicians face when it comes to balancing work and personal life. He shares his own journey of stepping off the traditional path, finding freedom, and redefining success. If you’ve ever felt like you’re living for everyone else but yourself, this episode is for you. Tune in to learn how to break free from the pressure and start living life on your own terms! Joining PIMDCON 2025? Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level?...
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In this episode, Dr. Peter Kim asks an important question: Is your physician salary as secure as you think? He shares his own story of how things didn’t go as planned at his “dream job” and what he learned from that experience. You’ll also hear why changes in healthcare, like reimbursement cuts, consolidation, and even AI, mean it’s smart to have a backup plan. Whether you love your job or are thinking about what’s next, this episode will help you feel more prepared and in control. Tune in! Eckard Enterprises brings this episode to you. , LLC, is a family-owned and...
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In this episode, Dr. Peter Kim shares what he wishes he knew right after residency. He opens up about money mistakes, lessons on investing, and how he’d do things differently if he could start over. Whether you're early in your career or a few years in, this honest reflection will help you think differently about time, freedom, and building wealth. Tune in! Ready to learn and actually start investing? Check out the Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the...
info_outlineIn this episode, Dr. Peter Kim talks about a crucial topic—protecting your wealth. As a high-income earner, you could be a target for lawsuits and financial risks. But with the right strategies, you can keep your assets safe.
He breaks down simple ways to protect yourself, like using LLCs, trusts, and the right insurance. Plus, he shares common mistakes to avoid and easy steps you can take today.
If you want to secure your financial future and sleep better at night, don’t miss this episode!
Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.
Tired of trading time for money? The Leverage & Growth Summit 2025 (March 10-14) is packed with insights from doctors who have broken free from the cycle and built wealth in new ways—and you can too.
This is your chance to learn from physicians who’ve built thriving businesses, real estate portfolios, and personal brands. It’s 100% FREE, virtual, and your chance to take control of your future—mark your calendar now!
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