The Millionaires in Medicine Show

Kristin Burton, MPAS, PA-C, CAQ-HM, CPAAPA
  • 5.0 (25)
  • Investing
  • Updated Weekly

Millionaires in Medicine is the personal finance and investing podcast for physician assistants/associates (PAs), nurse practitioners (NPs), and pharmacists (PharmDs) who want to build wealth without burnout or finance-bro fluff. Hosted by Kristin Burton, a critical care & cardiology PA who became a self-made millionaire at 31, each episode covers student loan strategy, salary negotiation and career moves, investing for financial independence, and simple money systems that work for real clinician schedules so your income turns into options, time, and freedom.

  1. 6d ago

    Millionaires by 34: The Pharmacist Couple Beating the Odds by a Decade

    The PA Millionaire Path is out! If you're earning a solid income but aren't sure your money is actually working toward real wealth, this book gives you the roadmap to change that. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook We're kicking off a brand-new segment on the show: real spotlights on actual Millionaires in Medicine... clinicians who've crossed the seven-figure mark and are willing to share exactly how they did it. First up: Chelsea and Peter Moran, two clinical pharmacists who did not have a surgical subspecialty income, did have student loan debt, did have a kid to plan for, and still managed to build a seven-figure net worth years ahead of the national average. In this episode, Kristin sits down with Chelsea and Peter to unpack their entire wealth-building journey: the offhand piece of advice during residency that first got them thinking seriously about their finances, the systems and habits that took them from "just saving for a house" to full-blown early retirement planning, and the exact age they crossed the millionaire mark. They also get honest about the money moves they'd do differently if they could go back — including one tax filing mistake tied to student loan payments that Chelsea still winces about. Inside, you'll hear: What first got this pharmacist couple thinking beyond "just max out your 401k"The exact age they crossed seven figures — and how that compares to national millionaire dataHow long it actually took from their first intentional money move to hitting millionaire statusWhy automation became one of their biggest wealth-building toolsHow having a child changed (and motivated) their financial planningThe personal finance books that shaped how each of them thinks about moneyA costly tax filing mistake tied to student loan repayment that cost them big — and what they'd do differentlyTheir honest take on balancing a house down payment with investingWhat their current early retirement timeline actually looks likeIf you've ever felt like becoming a millionaire in medicine is only possible for high-earning specialists, this episode is proof that it's not about your paycheck — it's about the plan. This is a real, unfiltered look at how two everyday clinicians built extraordinary wealth, and it might just change how you think about your own numbers. Ready for a real plan for your income, debt, and investing? Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach Resources / links Apply to join the MiM Coaching Program: https://www.millionairesinmedicine.com/coach The PA Millionaire Path: https://www.millionairesinmedicine.com/pabook Disclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    Millionaires by 34: The Pharmacist Couple Beating the Odds by a Decade

  2. Aug 11

    The 20% Rule: How Much House You Can Actually Afford in 2026

    The PA Millionaire Path is out! Buying a home is one of the biggest money decisions you'll ever make, but it's only one piece of the puzzle. If you're earning a great income but aren't sure your overall financial plan is actually working for you, this book is your roadmap for turning your income into real wealth. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook In this solo episode, Kristin breaks down the real math behind home buying for medical professionals in 2026... why mortgage rates sitting in the mid-to-high 6% range have stalled affordability, why the lender's "you qualify for this much" number is often the fastest way to wreck your finances, and the simple rule of thumb that keeps your housing expense in check no matter what you earn. Kristin walks through how to calculate what house you can actually afford using your gross income, when a 0%-down physician/medical professional loan makes sense (and when it becomes a trap), the real opportunity cost of a large down payment early in your career, and how a modest starter home can realistically set you up for your dream house down the line. Inside, you'll hear: The 20% rule: why your total housing expense (principal, interest, taxes, insurance) should never exceed 20% of gross monthly incomeHow to use a free mortgage calculator to determine your ideal purchase price without ever talking to a lenderWhy 20% down avoids PMI — and why that "rule" doesn't apply the same way to medical professional loansHow physician/medical professional loans allow 0-5% down and higher debt-to-income approval, even with $500,000 in student loan debtThe real risk of these loan products: how a new grad can end up "house poor" in a $700,000 homeWhy putting $300,000 down at age 30 instead of investing it could cost you $4.4 million and up to 10 extra working yearsA real example of a $250,000 starter home appreciating to $407,000 over 10 years — and how that builds your next down paymentRegional home price differences (Midwest median around $350,000 vs. Hawaii's $800,000+ median)Why housing decisions made in isolation — instead of tied to your financial independence goals — are often what keeps people working years longer than they need toIf you're a medical professional trying to figure out when to buy, how much house you can really afford, and how to avoid the single biggest mistake that could cost you a decade of extra work, this episode lays out the numbers and the framework to get it right. Ready for a real plan for your income, debt, and investing? Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach Resources / links Free home-buying checklist: https://www.millionairesinmedicine.com/buyahouseApply to join the MiM Coaching Program: https://www.millionairesinmedicine.com/coachThe PA Millionaire Path: https://www.millionairesinmedicine.com/pabookDisclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    The 20% Rule: How Much House You Can Actually Afford in 2026

  3. Aug 4

    The $100,000 Contract Mistake: Non-Competes, Tail Coverage & Termination Clauses Explained

    The PA Millionaire Path is out! If you've ever signed a contract without fully understanding it — and wondered later what you might have left on the table — this book is your roadmap for turning your income into real, protected wealth. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook "This is just a standard contract, everyone gets the same one." If you've heard that line before signing your employment agreement, this episode is for you. In this session, Kristin sits down with Kyle Claussen, JD, healthcare attorney and CEO of Resolve, to break down exactly what PAs, NPs, and physicians need to look for before signing (or renegotiating) heir employment contract. Kyle has spent 15 years reviewing thousands of healthcare employment contracts, and in this episode he walks through the details most medical professionals miss: non-compete enforceability by state, termination clauses that can quietly lock you in for years, tail malpractice coverage, productivity-based compensation, signing bonus clawbacks, and why "verbal promises" from an interview almost never make it into the actual contract. Inside, you'll hear: Why no two employment contracts are actually "standard" — even within the same organizationHow non-compete enforceability works state by state, and why the 2024 FTC ban attempt didn't change muchThe difference between a non-compete measured "as the crow flies" vs. driving distance (and why it matters)Why a 3-year contract term can legally prevent you from leaving your job, even for a spouse's relocationWhat breach of contract can actually cost you — including real client examples of six-figure lawsuitsWhy tail malpractice coverage is one of the most overlooked (and expensive) contract detailsHow productivity bonus structures, signing bonuses, and clawback clauses commonly get misusedReal client examples, including one professional underpaid by six figures over 10 years due to below-market wRVU ratesWhen in your job search process you should actually bring in a healthcare contract attorneyIf you've ever wondered whether your contract is actually "fine," or you're preparing for your first job offer, letter of intent, or renegotiation, this episode will change how you read every future contract you're handed. Ready for a real plan for your income, debt, and investing? Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach Resources / links Resolve (contract review for medical professionals) Use code MIM15 for 15% off Resolve services Apply to join the MiM Coaching Program: https://www.millionairesinmedicine.com/coach The PA Millionaire Path: https://www.millionairesinmedicine.com/pabook Disclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    The $100,000 Contract Mistake: Non-Competes, Tail Coverage & Termination Clauses Explained

  4. Jul 28

    Brandon Turner's $15M Loss: The Real Lesson for PA, NP & Pharmacist Investors

    The PA Millionaire Path is officially out! If you've ever felt like you're earning a great income but still don't have a real risk management plan for your investments, this book is your roadmap for turning clinical income into real, protected wealth. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook A few months ago, a $15 million investor loss made headlines when one of real estate's most well-known names, Brandon Turner, saw a single apartment complex syndication deal go south — wiping out real people's retirement savings and kids' college funds. If you're a PA, NP, pharmacist, or physician who has ever considered investing in a private equity syndication, this story probably made your stomach drop. In this solo episode, Kristin breaks down what actually happened in the Brandon Turner syndication collapse — and more importantly, why the operator isn't really the lesson here. The real lesson is about you, the individual investor, and how proper asset allocation and position sizing is the single biggest form of risk mitigation you have when investing in illiquid, leveraged real estate deals. Kristin walks through exactly what a private equity syndication is, why these deals are inherently risky (illiquid, leveraged, dependent on a small team of operators, with real potential for 100% permanent loss of principal), and shares her own personal rules of thumb for how much of a portfolio should ever be allocated to a single syndication, a single operator, or real estate as a whole. Inside, you'll hear: What actually caused the $15 million Brandon Turner syndication loss (hint: it wasn't a scam)What a private equity syndication is and how GP/operator vs. LP investor roles workWhy syndications are illiquid, typically locking up capital for 3–5 yearsWhy most syndications require accredited investor status and a $100,000+ minimum buy-inThe difference between concentration risk in a syndication vs. a publicly traded stockWhy you need roughly $1 million in invested assets to responsibly write a $100,000 syndication checkA personal framework for capping real estate and syndication exposure (10% per operator, 40% real estate overall)The key questions to ask yourself before wiring your next syndication checkIf you've ever thought about investing in a real estate syndication for passive income, this episode will help you understand the real risk behind the "mailbox money" appeal — and how to protect your portfolio before you write that check. Ready for a real plan for your income, debt, and investing? Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach Resources / links Apply to join the MiM Coaching Program: https://www.millionairesinmedicine.com/coach The PA Millionaire Path: https://www.millionairesinmedicine.com/pabook Disclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    Brandon Turner's $15M Loss: The Real Lesson for PA, NP & Pharmacist Investors

  5. Jul 21

    How a Nurse Bought a 36-Lot Mobile Home Park for $250,000 (With Almost No Money Down)

    If you've ever felt like you're earning a great income but still feel trapped by it (unable to take a month off, unable to slow down) this book is your roadmap for turning clinical income into real wealth and real freedom. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook What if the six-figure paycheck you've worked so hard for is actually the thing keeping you stuck? In this episode, Kristin sits down with Tim Woodbridge, former registered nurse turned mobile home park investor and founder of WCG Investments, to talk about how he went from working 44-hour nursing weeks to building a 30-park, 1,400+ pad portfolio across the Southeast — and why so many high-earning physicians and clinicians still feel like they have zero financial freedom. Tim breaks down exactly how he got started in mobile home park investing with no real estate experience, how he financed his first $250,000 park acquisition, and why he went years without taking a single paycheck from his own deals. He and Kristin also dig into the "golden handcuffs" trap — why clinicians earning $100k or $700k a year can feel equally unable to step away from work, and what it actually takes to build a life where your money works for you instead of the other way around. Inside, you'll hear: How Tim transitioned from bedside nursing into mobile home park investing with zero real estate backgroundThe real numbers behind his first mobile home park deal — purchase price, financing, and partner structureWhy "imperfect action" beats waiting for the perfect plan when you're starting a new investing ventureHow long it actually took before his mobile home parks generated real cash flowWhy affordable housing and mobile home parks can be a recession-resistant, cash-flowing asset classThe difference between owning tenant-occupied vs. park-owned mobile homesHow to know whether active investing (like Tim did) or passive LP syndication investing is the right fit for your lifestyleWhy high income without financial margin can trap even top-earning physicians in the "golden handcuffs"Ready for a real plan for your income, debt, and investing? Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach Resources / links Facebook: https://www.facebook.com/tim.woodbridge.54Instagram: https://www.instagram.com/tim.woodbridge/Business Website: https://wcginvestments.com/Apply to join the MiM Coaching Program: https://www.millionairesinmedicine.com/coachThe PA Millionaire Path on Amazon: https://www.millionairesinmedicine.com/pabookDisclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    How a Nurse Bought a 36-Lot Mobile Home Park for $250,000 (With Almost No Money Down)

  6. Jul 14

    The Hidden Fees Draining Your Retirement Account — And How to Fix It This Week

    The PA Millionaire Path is officially out! If you've ever felt like you're earning a great income but still losing money to fees you didn't even know you were paying, this book is your roadmap for turning PA income into real wealth — the right way. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook Is your money actively managed or passively invested — and do you even know the difference? If you had to pause and think, you're not alone. Most PAs, NPs, pharmacists, and physicians have never asked that question, and it's quietly costing them tens of thousands, sometimes hundreds of thousands, of dollars in fees and underperformance. In this solo episode, Kristin breaks down the active vs. passive investing debate — one of the most misunderstood (and most expensive) topics in personal finance for medical professionals. Using a real client story about a pharmacist who was unknowingly paying a 5% total fee drag on her portfolio, Kristin walks through exactly why high-cost actively managed funds so often underperform low-cost index funds and ETFs, and what that means for your 401k, Roth IRA, or brokerage account. Inside, you'll hear: The real difference between active and passive investing (and why it's not the same as active vs. passive income)How expense ratios quietly eat into your investment returns year after yearWhy actively managed mutual funds underperform their benchmark 80–93%+ of the timeThe "superstock phenomenon" — why a small handful of stocks drive almost all stock market gainsWhy John Bogle's advice to "buy the haystack, not the needle" still holds up decades laterHow AUM fees plus high expense ratios can silently disqualify you from safe withdrawal rate research like the Trinity StudyThree simple steps to audit your own investment fees this weekIf you've ever wondered whether your financial advisor's fees are "normal," or you're not sure what's actually inside your 401k or Roth IRA, this episode will change how you look at your investment statements. Ready for a real plan for your income, debt, and investing? Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach Resources / links Book an application call: https://www.millionairesinmedicine.com/coach The PA Millionaire Path: https://www.millionairesinmedicine.com/pabook Disclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    The Hidden Fees Draining Your Retirement Account — And How to Fix It This Week

  7. Jul 7

    Earn $300K working 2.5 days per week

    The PA Millionaire Path is officially out! If you’ve ever felt like you’re earning a great income but still barely keeping up, this book is your roadmap for turning PA income into real wealth. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook Aesthetic medicine is one of the most common side hustles clinicians ask about — but the logistics can feel overwhelming fast. How do you get trained? Who covers malpractice? Where do the products come from? What about state rules, documentation, patient payments, marketing, and actually getting paid? In this episode, Kristin sits down with Dr. Sarah Allen, founder and Chief Medical Officer of Skin Clique, to talk about how PAs, NPs, pharmacists, and physicians can explore aesthetic and wellness medicine in a safer, more supported way. Inside, you’ll hear: How Dr. Allen went from academic medicine to building Skin CliqueWhy aesthetic medicine can be a flexible income stream for cliniciansWhat training, mentorship, malpractice, EMR, and product support can look likeWhy state rules matter more than most people realizeHow GLP-1s and skin health are changing the aesthetics landscapeWhat 1099 income can unlock for clinicians from a tax and retirement planning perspectiveWhy this type of side hustle can feel different from just picking up another shiftIf you’ve ever thought, “I’d love to get into aesthetics, but I have no idea where to start,” this episode will help you understand what’s possible. Want a real plan for your income, debt, and investing — not random tips? Book your application here: https://www.millionairesinmedicine.com/coach Skin Clique: https://www.skinclique.com Dr. Sarah Allen on: Instagram: https://www.instagram.com/theskinclique/ TikTok: https://www.tiktok.com/@theskinclique Facebook: https://www.facebook.com/theskincliqueThe Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    Earn $300K working 2.5 days per week

  8. Jun 30

    Investment Fees Are Quietly Costing Clinicians Millions: Expense Ratios, AUM Fees & Fee Drag

    The PA Millionaire Path is officially out. If you’ve ever felt like you’re earning a great income but still barely keeping up, this book is your roadmap for turning PA income into real wealth. 👉 Buy it here: https://www.millionairesinmedicine.com/pabook Two medical professionals can earn the same salary, invest the same amount, start at the same age… and still end up with a million-dollar difference in retirement. The difference? Fees. In this episode, Kristin breaks down the hidden investing fees that quietly drain retirement accounts for PAs, NPs, PharmDs, physicians, and other medical professionals — especially inside 401(k)s, HSAs, and financial advisor-managed accounts. This isn’t about stock picking, market timing, or complicated investing strategies. It’s about understanding the one thing you can actually control: your fee burden. Inside, you’ll hear: What expense ratios are and why they matterHow actively managed mutual funds can quietly eat into your returnsWhy AUM fees can feel “free” even when they cost you hundreds of thousandsHow fee stacking happens when advisor fees and expensive funds overlapWhy every extra 1% in fees can add years to your working lifeA simple weekend fee audit you can do inside your 401(k), HSA, IRA, or brokerage accountIf you’ve never checked what your investments actually cost, this episode will help you understand what to look for and why it matters so much. Want a real plan for your income, debt, and investing — not random tips? Book your application with the Millionaires in Medicine Team here: https://www.millionairesinmedicine.com/coach Disclaimer The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.

    Investment Fees Are Quietly Costing Clinicians Millions: Expense Ratios, AUM Fees & Fee Drag
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About

Millionaires in Medicine is the personal finance and investing podcast for physician assistants/associates (PAs), nurse practitioners (NPs), and pharmacists (PharmDs) who want to build wealth without burnout or finance-bro fluff. Hosted by Kristin Burton, a critical care & cardiology PA who became a self-made millionaire at 31, each episode covers student loan strategy, salary negotiation and career moves, investing for financial independence, and simple money systems that work for real clinician schedules so your income turns into options, time, and freedom.

Information

  • Creator
    Kristin Burton, MPAS, PA-C, CAQ-HM, CPAAPA
  • Years Active
    2026
  • Episodes
    30
  • Rating
    Clean
  • Copyright
    © Millionaires in Medicine
  • Show Website
    The Millionaires in Medicine Show

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