Master the final piece of the
puzzle: financial fluency.
This is financial education,
simplified.

Unbiased.
No commissions.
No sales. No advice.
Just lessons and stories
to empower smart choices.

Master the final piece of the
puzzle: financial fluency.
This is financial education,
simplified.

Unbiased.
No commissions.
No sales. No advice.
Just lessons and stories
to empower smart choices.

Financial education seminar +
interactive workshop

teaching medical residents & attorneys how money works

Just financial education: no products to sell, no conflicts of interest, no commissions to be made.

These are the practical financial lessons they should be teaching in school

Learn about:

Account Options

• Differences between 401k, 403b, 457b, 401a plans
• Roth 401k vs Traditional 401k- depends on salary
• Employer Match calculations
• Vesting schedules
• Tax treatment of each account type
• IRS limits- income and contributions
• Defined Benefit Plans
• Deferred Compensation/Top hat 457(f) plans
• Roth IRA vs Traditional IRA
• Backdoor Roth-procedure and advantages
• Brokerage accounts: types, fees, advantages
• HSAs and High Deductible Health Plans
• Life insurance: term vs whole life

Investing

• Asset classes: Stock, Bonds and Cash
• Mutual Funds
• Simple Interest and Compound Interest
• Inflation
• Risk vs Return
• Index funds vs actively managed funds
• Asset allocation
• Target Date Funds
• Investing guidelines: Rule of 120, Rule of 72
• How to read a mutual fund returns statement

Big Picture Concepts:

• Wealth accumulation hurdles for physicians and attorneys
• What’s your money script?
• Income vs Net Worth
• Cost of living considerations in different cities
• Expected net worth formula
• Advisors: You probably don’t need one yet
• Follow the money: How financial advisors are paid
• How income tax brackets work
• Income taxes vs capital gains taxes
• Appreciating assets vs depreciating assets
• Emergency funds
• Basic legal documents: will, trust, POA

Debt

• Student loan elimination strategy: defer/pay down
• School Loans: PAYE, REPAYE, IBR, PSLF
• Real estate game plan: create a housing strategy
• Next step: rent/starter home/physician mortgage
• Mortgage guidelines brokers won’t tell you
• Auto considerations

Interactive Workshop: Train My Wallet

• Web based calculator workshop starting with sample scenarios, then work through personal salary calculations.
• Impact of income: generalists and specialists
• Impact of time: what waiting 2 years costs
• Returns/interest: 1% has a big impact
• How compounding interest looks over 30 years
• Create your financial priority roadmap

FORMAL EDUCATION WILL MAKE YOU A LIVING;
SELF-EDUCATION WILL MAKE YOU A FORTUNE.

-J. ROHN