Money Meets Medicine

Doctor Podcast Network, Jimmy Turner MD
  • 4.7 (227)
  • Investing
  • Updated Weekly

On Money Meets Medicine, Dr. Jimmy Turner discusses all things career and finance for physicians. With expert guest discussions, Jimmy tackles the personal finance topics you wish you had learned in medical school. The MMM podcast will help you tackle your student loans, achieve financial independence, invest for retirement, and decrease your financial stress and burnout. To get help with free educational content or obtaining own-occupation disability insurance from a source you know you can trust, visit https://moneymeetsmedicine.com/disability Background: Dr. Turner is a practicing anesthesiologist, author of The Physician Philosopher's Guide to Personal Finance, and Co-Founder of Money Meets Medicine Disability Insurance. For more information, visit moneymeetsmedicine.com

  1. 5d ago

    How Much Should I Pay My Advisor, private money lending, and part-time in medicine

    On this episode, Dr. Jimmy Turner and Justin Harvey CFP answer listener questions about private money lending investment opportunities, how much you should pay your advisor (and the hidden costs most people don’t realize), and the math on making part-time work in medicine financially feasible.  Join the waitlist for the free live personal finance curriculum taught by Jimmy Turner that starts in January: moneymeetsmedicine.com/teach  Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA  Every doctor needs disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability    Want a free copy of The Physician Philosopher’s Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  2. Sep 30

    Sign On Bonus Clawbacks, Overfunded 529s, & 1099 vs W-2 Jobs

    Your $75K signing bonus might be a bug, not a feature. If there's a clawback, that money isn't really yours yet. Dr. Jimmy Turner and Justin Harvey CFP tackle three listener questions: what to do with a physician signing bonus you might have to repay, what to do when a scholarship leaves your 529 overfunded, and whether leaving a W-2 job for 1099 work is worth it. Jimmy, who just made the W-2-to-1099 switch himself, gets candid about the workload nobody mentions.Join the free personal finance curriculum for physicians in training - class start in January!  Every doctor needs own-occupation disability insurance. Get a disability quote from a source you can trust:  Want a free copy of The Physician Philosopher's Guide to Personal Finance? Snag your copy here. Have a question of your own? Email me at jimmy@moneymeetsmedicine.com    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  3. Sep 23

    The Year-End Tax Moves Doctors Miss (w/ Spencer Carroll from Gelt)

    On the Money Meets Medicine podcast, Dr. Jimmy Turner and CPA Spencer Carroll of Gelt discuss why physicians should plan taxes before December 31 rather than focusing only on filing in spring, citing Turner’s unexpected $36,000 tax bill as a consequence of compliance-only CPA work. They explain year-round tax strategy, the value of Q4 projections to avoid penalties and surprises, and key year-end actions such as paying reasonable S-corp salary by 12/31, making employee solo 401(k) contributions by 12/31 (while some employer contributions and certain plan setups can occur by filing deadlines), HSA timing including the “last month” rule, tax-loss harvesting, managing income/expenses, charitable giving strategies like donor-advised funds, and hiring/payrolling kids or spouses before year-end.  Resources: Start your Year-End Tax Review with Gelt and get 10% off as a Money Meets Medicine listener: https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance. Get it from a source you can trust: https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance? Snag your copy here: https://moneymeetsmedicine.com/freebook     Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  4. Sep 16

    How FOMO Real Estate Deals Cost Doctors

    On this episode of the Money Meets Medicine podcast, hosts Dr. Jimmy Turner and Justin Harvey CFP discuss:  Why passive activity loss rules trap syndication losses for W-2 earners — and the "active participant" workaround that fails the New York Times testFive ways to unwind a concentrated stock position in a brokerage accountA step-by-step playbook for what to do with an annual bonusResources: Every doctor needs own-occupation disability insurance. Get a quote from us here at Money Meets Medicine Insurance. An insurance agency created for doctors, by doctors.  Get a 10% discount off first year's services with the tax strategy team that Jimmy personally uses (Gelt).  Not sure where to get started on your financial literacy journey? Snag a free copy of The Physician Philosopher's Guide to Personal Finance.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  5. Sep 9

    HSAs, Donor Advised Funds, and When to Drop Insurance

    In this episode of Money Meets Medicine, hosts Dr. Jimmy Turner and Justin Harvey tackle three listener questions on personal finance for physicians. They discuss whether HSA-eligible plans make sense during high healthcare-usage periods like pregnancy, charitable giving strategies including donor advised funds and tax-efficient gifting of appreciated securities, and when physicians with significant net worth should consider stopping life and disability insurance premiums. The hosts emphasize personalized decision-making based on individual circumstances, consistently recommending listeners consult qualified financial professionals before making major financial decisions. Resources: Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability   Want to get started on your financial literacy journey? Download a free copy of The Physician Philosopher's Guide to Personal Finance.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  6. Sep 2

    457 Plans, Bonus Investing, and Emergency Funds

    On the Money Meets Medicine podcast, Dr. Jimmy Turner and Justin Harvey answer three listener questions. First, they discuss 457 plans and how to determine if you should be participating in yours, including the three questions to answer to figure it out in your situation. They alos discuss if doctors should have emergency funds and, if so, how large they should be. Finally, they chat about investing bonus money: invest it all in at once? Or let it trickle in through dollar-cost averaging (DCA)?Resources for this episode: Every doctor needs own-occupation disability insurance. Get a quote from Money Meets Medicine Disability Insurance, co-founded by host Dr. Jimmy Turner. Are you looking for a new accountant? Check out Gelt, the tax strategy team that Jimmy Turner personally uses. Use this link to get 10% off Gelt's services the first year you work with them. Looking to increase your financial literacy, but not sure where to start? Get a free copy of Dr. Jimmy Turner's best-selling book, The Physician Philosopher’s Guide to Personal Finance. IRS guide on differences between governmental and non-governmental 457 can be found here.     Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  7. Aug 26

    Part-time work, Paying Off Loans, & Funding Kids College

    In this episode of Money Meets Medicine, hosts Dr. Jimmy Turner and Certified Financial Planner (CFP) Justin Harvey tackle three listener questions from the Money Meets Medicine community. 1. Should residents pay extra on their student loans if they are in the new Repayment Assistance Plan (RAP)? 2. What are the financial considerations to make working part-time make sense?  3. If you are a parent (or plan to be), should you pay for your kid's college education? If you do, how can you make that work given the new federal student loan borrowing limits?Resources: Every doctor needs disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability    Are you a 1099, locums doc, K-1 partner, or business owner? You need a tax strategy team. Get 10% off working with Gelt, the team that Jimmy Turner personally uses here (Gelt): https://moneymeetsmedicine.com/CPA Looking to get a lower interest rate on your student loans? Check out Juno’s unique student loan Group Negotiation process at https://moneymeetsmedicine.com/Juno  Not sure what to do with your student loans? Get $100 off a student loan consult: https://moneymeetsmedicine.com/loans Have questions of your own? Send them to Jimmy at Jimmy@moneymeetsmedicine.com  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  8. Aug 19

    5 Bad Pieces of Financial Advice to Avoid

    On the Money Meets Medicine podcast, Dr. Jimmy Turner and Justin Harvey discuss how common personal finance advice can be especially costly for physicians and outline six “bad advice” items. They warn that disability insurance company choice matters because applying with the wrong carrier can trigger denials that eliminate access to guaranteed standard issue policies; they also caution against waiting until late in training. They argue that saving 10–15% or just maxing a 401(k) is usually insufficient for doctors with delayed earnings and debt, suggesting higher savings rates based on retirement goals. They note student loan consolidation advice has changed under the One Big Beautiful Build Act and may limit repayment plan eligibility. They criticize “pay off all debt before investing,” explain why renting isn’t necessarily “throwing money away,” and argue that asking if an advisor is a fiduciary is no longer reliable, favoring fee-only transparency. Resources: Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability    Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA Want a free copy of The Physician Philosopher’s Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Hosts & Guests

4.7
out of 5
227 Ratings

About

On Money Meets Medicine, Dr. Jimmy Turner discusses all things career and finance for physicians. With expert guest discussions, Jimmy tackles the personal finance topics you wish you had learned in medical school. The MMM podcast will help you tackle your student loans, achieve financial independence, invest for retirement, and decrease your financial stress and burnout. To get help with free educational content or obtaining own-occupation disability insurance from a source you know you can trust, visit https://moneymeetsmedicine.com/disability Background: Dr. Turner is a practicing anesthesiologist, author of The Physician Philosopher's Guide to Personal Finance, and Co-Founder of Money Meets Medicine Disability Insurance. For more information, visit moneymeetsmedicine.com

Information

  • Creator
    Doctor Podcast Network, Jimmy Turner MD
  • Years Active
    2020 - 2026
  • Episodes
    181
  • Rating
    Clean
  • Copyright
    © 2021 - 2026 The Physician Philosopher LLC
  • Show Website
    Money Meets Medicine

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