Physicians Financial Checkup Podcast Brent Boden

Welcome to Episode 54 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, Certified Financial Planner. In this comprehensive episode, we delve into a variety of tax-efficient retirement strategies designed to help you maximize your savings and secure your financial future.
Key Topics Covered:
Roth IRA, Roth 401(k)/403(b), Backdoor Roth, and Mega Backdoor Roth StrategiesRoth IRA: Learn about the benefits of Roth IRAs, including tax-free growth and withdrawals, and how they can play a crucial role in your retirement planning.Roth 401(k) and 403(b): Understand how Roth 401(k) and 403(b) accounts offer tax-free withdrawals in retirement and the advantages they provide over traditional accounts.Backdoor Roth: Discover how high-income earners can use the backdoor Roth strategy to contribute to a Roth IRA despite income limits.Mega Backdoor Roth: Explore the powerful Mega Backdoor Roth strategy that allows for significant after-tax contributions to a 401(k), which can then be converted to a Roth IRA or Roth 401(k).Alternative Tax-Efficient Investment StrategiesETFs: Find out how Exchange-Traded Funds (ETFs) can be a tax-efficient investment option due to their low turnover rates and in-kind creation and redemption process.Municipal Bonds: Learn about the tax advantages of investing in municipal bonds, which offer tax-free interest income at the federal level, and often at the state and local levels.Tax Loss Harvesting: Understand the concept of tax loss harvesting in your non-qualified brokerage account to offset capital gains and reduce your taxable income.Health Savings Accounts (HSAs): Discover the triple tax benefits of Health Savings Accounts, where contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are tax-free.Life Insurance Retirement Plans (LIRPs): Explore Life Insurance Retirement Plans and how they can provide tax-free income in retirement while offering life insurance benefits.Business Investment Strategies to Grow WealthSIMPLE IRAs and SEP IRAs: Learn about the advantages of SIMPLE IRAs and SEP IRAs for small business owners and self-employed individuals, offering tax-deferred growth and high contribution limits.Solo 401(k)s: Understand the benefits of Solo 401(k) plans for solo entrepreneurs and small business owners, including high contribution limits and flexible investment options.Business Real Estate: Explore how investing in business real estate can provide tax benefits and long-term wealth accumulation.Other Business Ventures: Discover additional business investment opportunities that can help diversify your portfolio and grow your wealth.
Join us for this enlightening episode as we cover these vital topics and provide actionable insights to enhance your retirement strategy. Be sure to check out this and other episodes of the Physicians Financial Checkup Podcast. Subscribe and leave a comment today!
#TaxEfficientInvesting #RothIRA #FinancialPlanning #PhysiciansFinancialCheckup #RetirementStrategies #HighIncomeEarners #WealthManagement #InvestSmart #HealthSavingsAccounts #BusinessInvestments
Tune in now to master the art of tax-efficient investing and secure your financial future!

Welcome to Episode 53 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, CFP. In this episode, we dive deep into the fascinating world of alternative investments, exploring how they can diversify your portfolio and potentially enhance your returns. Whether you're a seasoned investor or just starting out, this episode provides valuable insights tailored for high earners and medical professionals.
Key Topics Covered:
Beyond the Basics: What are Alternative Investments?Gain a clear understanding of what alternative investments are and how they differ from traditional assets like stocks and bonds. We break down the types of alternatives, including real estate, private equity, hedge funds, commodities, and more.Diversification Powerhouse: Why Consider Alternatives?Discover the benefits of incorporating alternative investments into your portfolio. Learn how these assets can reduce risk, improve returns, and provide a hedge against market volatility.Exploring the Alternatives LandscapeTake a tour of the alternative investment landscape. We explore various types of alternatives, their unique characteristics, and potential opportunities they offer to investors.Weighing the Risks and DrawbacksIt's essential to understand the risks involved with alternative investments. We discuss the potential downsides, including liquidity issues, higher fees, and regulatory concerns, to help you make informed decisions.Taking the Leap with CautionReady to dive into alternative investments? We provide practical tips on how to get started, from selecting the right assets to finding reputable investment managers. Learn how to approach these investments with caution and due diligence.
Conclusion:As we wrap up this episode, we invite you to take advantage of a free complimentary financial assessment appointment with Brent Boden, CFP. Click the link in the description to schedule your session and start your journey towards a more diversified and resilient investment portfolio.
Be sure to subscribe to the Physicians Financial Checkup Podcast and leave a comment with any personal finance questions you’d like us to address in future episodes. Your feedback helps us tailor our content to your needs.
Tune in now to uncover the world of alternative investments and take your financial strategy to the next level!

Welcome to Episode 52 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, CFP. In this insightful episode, we focus on providing high earners, especially medical professionals, with expert investing tips to maximize their financial potential. Ready to take charge of your financial future? 🎯 Get a 15-minute complimentary consultation with Brent! Whether it's about investments, retirement, or any personal finance questions, Brent is here to help. Schedule your session today and start your journey to financial wellness!Dive into these four essential topics:
Building Your Investment Foundation:Learn the fundamental principles of investing, tailored for high earners. Understand how to create a strong investment base that aligns with your financial goals and risk tolerance.Wealth Accumulation Strategies:Explore advanced strategies for accumulating wealth. Discover how to leverage your high income to build substantial financial assets through diversified investments and smart financial planning.Optimizing Your Portfolio for Retirement:Find out how to optimize your investment portfolio to ensure a comfortable and secure retirement. Gain insights on asset allocation, risk management, and long-term planning to achieve your retirement goals.Taking Action and Getting Help:Learn the importance of taking proactive steps and seeking professional advice. Discover how to implement your investment strategies effectively and where to find the right financial help to guide you along the way.
Tune in to Episode 52 for actionable investing tips and expert advice tailored specifically for high earners. Subscribe now to the Physicians Financial Checkup Podcast and take control of your financial future today!For more information visit BrentBoden.com
#InvestingTips #HighEarners #WealthAccumulation #RetirementPlanning #FinancialAdvice #PhysiciansFinancialCheckup

Welcome to Episode 51 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, CFP. In this insightful episode, we delve into the intriguing world of artificial intelligence (AI) and its growing influence in the financial sector. Join us as we explore whether AI is a friend or foe in the realm of personal finance, especially for high-income professionals like physicians.If you'd like to schedule a complimentary 15 minute introduction call with Brent, click here!
Main Topics Covered:
The Rise of AI in Finance:Discover how AI is revolutionizing the financial industry, from automated trading to personalized financial advice. Learn about the latest advancements and how they are shaping the way we manage money.The Power of Prediction - A Glimpse into the Future of AI in Finance:Uncover the predictive capabilities of AI and how they can forecast market trends, investment opportunities, and financial risks. We explore real-world examples of AI-driven predictions that have transformed financial decision-making.Why a Human Advisor Still Matters:Despite AI’s impressive capabilities, human advisors remain essential. We discuss the unique value that human advisors bring to the table, including personalized insights, emotional intelligence, and the ability to understand complex personal situations.Finding the Right Balance of AI & Human Advisor:Learn how to leverage the strengths of both AI and human advisors to create a balanced approach to financial planning. We provide tips on how to integrate AI tools with traditional advisory services for optimal results.Future Possible Uses of AI in Personal Finance:Take a look at the future of AI in personal finance. From advanced budgeting tools to AI-driven retirement planning, we explore potential innovations that could further enhance financial management and planning.
Tune in to Episode 51 for an engaging discussion on the future of AI in finance. Whether you’re curious about the latest tech trends or looking to optimize your financial strategy, this episode offers valuable insights and practical advice.
🔗 Don’t miss out on this exciting episode. Subscribe now to the Physicians Financial Checkup Podcast and stay updated with the latest in financial planning for medical professionals.
#AIFinance #FinancialPlanning #HumanAdvisor #PredictiveAI #FutureOfFinance #PhysiciansFinancialCheckup

🎉 Celebrate Episode 50 of the Physicians Financial Checkup Podcast hosted by Brent Boden! 🎙️ In "Optimizing Work-Life Balance & Financial Wellness: Essential Insights for Medical Professionals," we dive deep into four key topics:
1️⃣ The Price of Neglecting Work-Life Balance: Explore the potential stressors and consequences of neglecting work-life balance in the demanding field of healthcare.
2️⃣ The Power of Planning: Discover the importance of starting early and reviewing financial and health plans often to ensure long-term security and well-being.
3️⃣ Strategies for Reducing Stress: Learn actionable strategies busy medical professionals can implement to reduce stress and cultivate happier, healthier lives both personally and professionally.
4️⃣ Taking Action for a Brighter Future: Empower yourself with practical steps you can take today to pave the way for a brighter and more fulfilling future.
Tune in now for essential insights and actionable advice to optimize your work-life balance and financial wellness as a medical professional! 🌟For more information visit BrentBoden.com or schedule your complimentary personal 15 minute introductory meeting today. #WorkLifeBalance #FinancialWellness #MedicalProfessionals #PhysiciansFinancialPodcast #Healthcare #Doctor #FinancialCoach

In Episode 49 of Physicians Financial Checkup Podcast, we're on a mission to empower healthcare heroes with expert travel hacks! Join host Brent Boden, CFP, as we unlock the secrets to making the most of your travel adventures.In this episode, we explore three major segments:
1️⃣ Saving on Travel Costs: Discover savvy strategies to cut down on travel expenses, including leveraging loyalty programs, maximizing credit card points, booking comparisons, exploring alternative travel options, and embarking on purposeful medical missions.- CardWiz.com: Your ultimate destination for credit card comparison and optimization. Discover the best credit card offers tailored to your lifestyle and financial goals with ease. Whether you're seeking travel rewards, cashback incentives, or low-interest rates, CardWiz.com has you covered.- American Express Platinum: Elevate your travel and lifestyle with the American Express Platinum card. Unlock exclusive benefits, from premium travel perks like airport lounge access and hotel upgrades to generous rewards programs and concierge services. Experience luxury and convenience like never before with the American Express Platinum card.  - Chase Freedom: Maximize your everyday spending with the Chase Freedom card. Enjoy cashback rewards on rotating bonus categories and unlimited 1% cashback on all other purchases. With no annual fee and flexible redemption options, the Chase Freedom card is your key to earning rewards effortlessly.
2️⃣ Financial Strategies for Pre-Vacation Savings: Learn essential tips for building a financial cushion before your trip. From setting and adhering to a budget to utilizing vacation savings accounts and conducting spending reviews, we've got you covered.- SoFi High Yield Savings Account: Elevate your savings game with SoFi's High Yield Savings Account. - Capital One Bank High Yield Savings Account: Grow your money with the Capital One Bank High Yield Savings Account.- American Express Bank High Yield Savings Account: Secure your financial future with the American Express Bank High Yield Savings Account. 
3️⃣ Enhancing Travel Experience: Elevate your journey with less stress and more enjoyment. Explore techniques such as TSA Pre-Check or Global Entry, accessing airport lounges, incorporating buffer time and flexibility into your itinerary, disconnecting from technology, and more.
🔗 Don't miss out on additional resources to amplify your travel experience! Watch on YouTube.com/@brentboden or Tune in your on favorite podcast app now and embark on your next adventure with confidence! ✈️🌍For more information visit BrentBoden.com#TravelHacks #HealthcareHeroes #FinancialStrategies #PhysiciansFinancialCheckup #MedicalTravel