Doctor's Wealth and Wellness

In Episode 72 of Doctor’s Wealth and Wellness, host Norm Wright demystifies real estate investing for busy physicians seeking passive income and tax relief beyond W-2 earnings, highlighting that 40% of attendings own rentals netting $2,500–$15,000 monthly per the 2025 White Coat Investor survey, and delivers three streamlined strategies: leveraging 0–5% down physician mortgages for 1–4 unit proper...

In Episode 71 of Doctor’s Wealth and Wellness, host Norm Wright delivers a Friday wellness episode focused on combating physician burnout amid 80-hour weeks and high-stakes decisions, highlighting how mindfulness reduces perceived stress by 25% and medical errors by 10% within four weeks according to the 2025 AMA Physician Burnout Survey, and introduces three quick, shift-friendly meditation pract...

In Episode 70 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner, tackles the pervasive issue of physician student loan debt—averaging $250,000 at graduation, with 70% of doctors still carrying balances mid-career per the 2025 Medscape report—outlining three actionable strategies to achieve freedom without sacrificing lifestyle: mastering Public Service Loan Forgivene...

In Episode 69 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, presents a Friday wellness episode focused on sleep optimization to enhance physicians’ performance and well-being amidst demanding schedules and year-end pressures. Backed by a 2025 New England Journal of Medicine study linking poor sleep to 15% higher errors and 20% increased...

In Episode 68 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, presents a Tuesday financial episode focused on year-end tax strategies for physicians to maximize savings as 2025 taxes loom. Highlighting a 2025 IRS report that physicians miss $15,000–$25,000 annually by overlooking tax opportunities, Wright outlines three tailored strategies...

In Episode 67 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, delivers a Friday wellness episode focused on cultivating gratitude to enhance physician well-being amidst the high-pressure demands of patient care and year-end financial planning. Drawing on 2025 studies from JAMA, APA Journal, Lancet, and Harvard Medical Review, Wright presen...

In Episode 66 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, guides physicians through optimizing workplace benefits during open enrollment for year-end planning, emphasizing how these choices can save thousands in taxes, protect income, and accelerate retirement goals. Drawing on 2025 studies from Mercer, Fidelity, AMA, and Vanguard, Wri...

In Episode 65 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, focuses on building mental resilience for physicians facing financial setbacks, such as market losses or unexpected practice costs. Tailored for his physician audience, Norm shares three strategies: reframing setbacks as learning opportunities to reduce stress (supported by a 20...

In Episode 64 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, outlines three critical insurance strategies to protect physicians’ wealth from risks like disability and lawsuits. Highlighting a 2025 AM Best report that 45% of doctors lack adequate coverage, Norm emphasizes specialty-specific disability insurance to safeguard high incomes, r...

In Episode 63 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, delivers a Friday wellness episode focused on energy management for physicians facing long shifts and financial decisions. He shares three practical tools: timing high-stakes tasks like patient consults or budgeting during energy peaks to reduce errors by 10% (per a 2025 NEJM st...

In Episode 62 of Doctor’s Wealth and Wellness, host Norm Wright, a Certified Financial Planner with SKC Financial Group, dives into three powerful tax-saving strategies tailored for physicians to keep more of their high income. He highlights leveraging tax-advantaged accounts like HSAs and 401(k)s to reduce taxable income, strategically deducting practice expenses such as equipment and CME courses...

In Episode 61 of Doctor’s Wealth and Wellness, titled "Mindfulness Practices for High-Pressure Decisions," host Norm Wright, a Certified Financial Planner, equips physicians with three mindfulness tools to enhance clarity and reduce stress during high-stakes financial and professional decisions, building on Episode 57’s resilience strategies and Episode 59’s focus on relationships. With...

In Episode 60 of Doctor’s Wealth and Wellness, titled "Retirement Planning for Early or Phased Exits," host Norm Wright, a Certified Financial Planner, guides physicians toward crafting retirement plans that leverage their high incomes for early or phased exits, building on Episode 56’s expert guidance and Episode 52’s investment strategies. With a 2025 Vanguard study noting 50% of physi...

In Episode 59 of Doctor’s Wealth and Wellness, titled "Strengthening Relationships to Buffer Financial Stress," host Norm Wright, a Certified Financial Planner, explores how physicians can leverage strong relationships to manage the stress of financial pressures like loan repayments (Episode 51) and market volatility (Episode 54). Building on Episode 57’s resilience theme and celebrating...

In Episode 58 of Doctor’s Wealth and Wellness, titled "Optimizing Cash Flow for Practice Owners," host Norm Wright, a Certified Financial Planner, focuses on empowering physician practice owners with strategies to enhance cash flow, the lifeblood of their business and personal wealth. Building on Episode 56’s emphasis on expert financial guidance and celebrating over 50 episodes, Norm hi...

In Episode 57 of Doctor’s Wealth and Wellness, Norm Wright addresses financial stress management for physicians, building on the uncertainty mini-series from Episode 55. He shares three research-backed tools to foster emotional resilience: reframing financial setbacks as growth opportunities (e.g., Dr. Maria learning from a tax hit to boost savings), practicing self-compassion to reduce guilt over...

In Episode 56 of Doctor’s Wealth and Wellness, host Norm Wright outlines three critical scenarios where physicians need a Certified Financial Planner (CFP) to avoid costly financial mistakes: major life transitions, investment overhauls, and navigating tax or estate complexities. Using real-world examples like Dr. James revising his estate plan post-remarriage, Dr. Lisa rebalancing her portfolio,...

In Episode 55 of Doctor’s Wealth and Wellness, titled "Navigating Financial Uncertainty—Wellness Strategies for Physicians," host Norm Wright, a Certified Financial Planner, addresses the stress of financial unpredictability faced by physicians, such as market volatility or unexpected practice expenses, and its impact on well-being. Building on Episode 54’s focus on personalized financia...

In Episode 54 of Doctor’s Wealth and Wellness, titled "The Uniqueness of Your Financial Plan—Why Expert Advice is Essential for Big Decisions," host Norm Wright dives into why physicians need tailored financial guidance from a Certified Financial Planner (CFP) rather than relying on generic advice from colleagues or family. Aimed at his physician clients, Norm explains that each doctor’s...

Episode 53 of Doctor’s Wealth and Wellness concludes the longevity mini-series by focusing on strength training as a critical component for extending healthspan, tailored for physicians with demanding schedules. Host Norm Wright cites 2022–2025 studies, including a JAMA Network Open finding that twice-weekly strength training reduces mortality by 30% when combined with aerobic exercise. He offers...

In Episode 52 of Doctor’s Wealth and Wellness, host Norm Wright emphasizes the importance of personalized financial goals for physicians, building on Episode 50’s focus on financial milestones by highlighting that each doctor’s retirement “number” is unique, shaped by their lifestyle, expenses, and life stage. Norm discusses three strategies to define this number: clarifying lifestyle goals (e.g.,...

In Episode 51 of Doctor’s Wealth and Wellness, host Norm Wright continues the longevity mini-series with a focus on mindfulness as a powerful tool for reducing stress and extending healthspan, tailored for busy physicians facing high-pressure demands. Highlighting 2025 research from the Journal of Psychosomatic Research, Norm explains how mindfulness can cut stress-related health risks like heart...

In Episode 50 of Doctor’s Wealth and Wellness, host Norm Wright celebrates the podcast’s milestone by focusing on financial milestones for physicians, emphasizing the importance of tracking progress to stay motivated amidst unique challenges like malpractice risks and student loans. The episode outlines three key milestones: building a six-month emergency fund ($50,000–$100,000) to weather financi...

In Episode 49 of Doctor’s Wealth and Wellness, host Norm Wright delves into the critical role of sleep in enhancing physicians’ longevity and performance, as part of the podcast’s Friday wellness series and ongoing longevity mini-series. Referencing a 2025 Sleep Medicine study, Norm highlights that 7–9 hours of quality sleep can reduce risks of heart disease, cognitive decline, and premature morta...

In Episode 48 of Doctor’s Wealth and Wellness, host Norm Wright focuses on tax-smart charitable giving strategies for physicians, building on Episode 44’s exploration of trusts to help high earners align their wealth with their values while reducing tax burdens in 2025. He highlights three key tools: Donor-Advised Funds (DAFs), which offer immediate tax deductions and flexibility to distribute gra...