How Much is Enough?
I want to give you an anonymous case study today: This person is probably about 45-50ish, with kids at home and a combined household income of $850,000. He wants to get up to a yearly […]
Category: Financial Planning Resources
Find resources on financial planning for dentists, doctors and more from Dr. David Phelps and his team at Freedom Founders here!
Orchestrating Your Wealth is NOT a Second Job
Dr. Jim Dahle, blogger and owner of White Coat Investor, recently said that orchestrating your future wealth is like having a second job. Since it’s difficult to keep up with that “second job,” run your […]
Change Your Environment
Great technicians rarely have real freedom in life. Why is that? Being an artist in your expertise – your skill sets that you went to school for and trained arduously for – can be a […]
Tax Deferrals
I want to bring you a message about taxation today. There are a lot of tax strategies and schemes out there – “helping people save today by deferring current taxes until later.” Considering the law […]
When Are You Over-Leveraged?
I got a question on my blog when I talked about leverage – leverage of other people’s money, time, and talent. (Leverage really is the only way to true growth in life.) Now this great […]
Beginning with the End in Mind
Do you have an end point for freedom? There are various freedoms, but financial freedom is the first freedom. Your financial freedom is gained by having enough passive income – generated by your investments – […]
Why Your Freedom Number is so Important
In Freedom Founders, we talk about a financial metric called your “Freedom Number.” This is your monthly passive cashflow, before tax, that can support your overhead lifestyle. If your investments produce enough passive cashflow to […]
Making More Money Isn’t the Answer
“I take home $300k per year from my practice. I’m in my mid-fifties, still putting some kids through school, and I never have enough extra money to invest. I’m behind the 8-ball and concerned about […]
What are Alternative Investments?
Recently someone asked me: “What do you mean when you say ‘Alternative Investments’?” It’s a great question. Often we get accustomed to our vernacular and forget that others don’t always know what we’re referring to. […]
Focus on Cashflow
We all know cash flow is the oxygen for your business – but it’s also the oxygen for your “retirement”. To get off the active treadmill of trading time for dollars, cash flow is king. […]
