How to Do Your Written Plan – Asset Protection

Financial Wellness and Burnout Prevention for Medical Professionals

Section 1 – Introductory Materials

What You Will Learn (3:45)
Course Description (1:30)
Pre-Test (25 Questions)
About the Instructor (6:11)
Introduction to Other Resources (10:40)
Why You Need a Plan (2:29)
How to Make Your Written Plan (4:13)
Goal Worksheet
Written Financial Plan Worksheet
Example of a Financial Plan
Section Quiz (6 Questions)
Quiz Answers and Explanations
How to Weave It All Together as a DIY Investor – Sarah Catherine Gutierrez, CFP (5:51)
How to Use the Private Community for Students

Section 2 – What You Need to Know About Financial Advisors

What an Advisor Can Do for You (2:57)
The Cost of Advice (4:20)
How to Pay for Advice (9:59)
What to Look for in an Advisor (8:57)
How to Use an Advisor (2:55)
Can You Do It Yourself? (1:16)
How to Move Your Money (1:55)
Section Quiz (6 Questions)
Quiz Answers and Explanations
How to Engage with a Financial Advisor as a DIY Investor – Sarah Catherine Gutierrez, CFP (9:07)

Section 3 – What You Need to Know About Insurance

General Insurance Topics (2:52)
Disability Insurance (16:40)
Life Insurance (3:46)
Getting Life Insurance Quotes (3:25)
Liability Insurance (1:28)
Property Insurance (2:03)
Health Insurance (3:05)
Avoiding Insurance-Based Investments (22:10)
How to Do Your Written Plan – Insurance (6:38)
Insurance Worksheet
Examples of Insurance Portion of Written Financial Plan
Section Quiz (6 Questions)
Quiz Answers and Explanations

Section 4 – Developing a Plan for Your Housing

Why a House Is an Investment (3:23)
Resisting the Urge to Buy (6:28)
How Much to Spend (3:01)
Interacting with Realtors (2:14)
Interacting with Lenders (1:48)
Physician Mortgage Loans (5:17)
Paying Off Your Mortgage Early (2:15)
How to Do Your Written Plan – Housing (4:16)
Housing Plan Worksheet
Examples of Housing Portion of Written Financial Plan
Section Quiz (7 Questions)
Quiz Answers and Explanations

Section 5 – Destroying Your Student Loans

Income Driven Repayment Plans (13:43)
Public Service Loan Forgiveness (PSLF) (11:32)
Income Driven Repayment Forgiveness (10:44)
Private Loans and Refinancing (6:57)
Refinancing During Residency (6:28)
Pay Off Debt Quickly (3:34)
Paying Off Loans vs. Investing (4:11)
Examples of Student Loan Portion of Written Financial Plan
Student Loan Worksheet
How to Do Your Written Plan – Student Loans (4:08)
Section Quiz (7 Questions)
Quiz Answers and Explanations

Section 6 – How to Spend Money to Increase Current and Future Happiness

Live Like a Resident (3:34)
Hit the Ground Running (2:01)
Cash Flow Planning (Budgeting) (6:23)
Budget Example
Minimizing Fixed Expenses (2:17)
Sinking Funds (1:06)
Emergency Funds (2:57)
How to Do Your Written Plan – Spending (2:38)
Examples of Spending Portion of Written Financial Plan
Section Quiz (7 Questions)
Quiz Explanations and Answers

Section 7 – Creating Your Investing Plan, Part 1: Setting SMART Goals That Matter to You

Setting SMART Goals (3:53)
The Three Enemies of the Investor (4:59)
How Much You Need to Retire (8:24)
Savings Rate (2:33)
Social Security (2:31)
College Savings (3:38)
Future Value Function (4:47)
Payment Function (3:38)
Period Function (3:06)
How to Do Your Written Plan – Goals (4:26)
Goal Worksheet
Examples of Goals Portion of Written Financial Plan
Section Quiz (7 Questions)
Quiz Answers and Explanations
How Social Security Affects You – Mike Piper, CPA (47:40)

Section 8 – Creating Your Investing Plan, Part 2: Understanding Your Investing Accounts

Investing in a Taxable Account (13:51)
Read Your Plan Documents (1:32)
Two Main Types of Retirement Accounts (2:24)
Employer-Provided Retirement Accounts (3:48)
Self-Employed Retirement Plans (2:30)
Defined Benefit Plans (1:14)
The Backdoor Roth IRA (8:24)
Health Savings Account (HSA) (3:08)
Multiple 401(k)s (4:10)
529 Plans – Education Savings (4:40)
Secure Act 2.0 (24:22)
How to Do Your Written Plan – Investing Accounts (3:14)
Examples of Investing Accounts Portion of Written Financial Plan
Section Quiz (13 Questions)
Quiz Answers and Explanations
Tax-Efficient Investing – Mike Piper, CPA (3:58)

Section 9 – Creating Your Investing Plan, Part 3: Asset Allocation and Implementation

Stocks, Bonds, and Mutual Funds (9:04)
The Case for Mutual Funds (9:21)
Index Funds (3:58)
Introduction to Asset Classes (6:01)
Total Market vs. Factor Investing (8:04)
Options for Real Estate Investing (12:31)
Choosing an Asset Allocation (15:00)
The Simple Approach (3:22)
Tax-Efficiency and Asset Location (10:20)
Implementing Your Asset Allocation (10:40)
Rebalancing Your Portfolio (3:45)
How to Make a Rebalancing Spreadsheet (10:09)
Investing in Retirement (7:40)
How to Do Your Written Plan – Asset Allocation (10:10)
Asset Allocation Worksheet
Examples of Asset Allocation Portion of Written Investing Plan
Build an Asset Allocation Spreadsheet (8:53)
Section Quiz (10 Questions)
Quiz Answers and Explanations
The Education of an Index Investor – Rick Ferri, CFA (61:27)
Tax-Efficient Investing in Taxable Accounts – Mike Piper, CPA (6:59)
What Is Factor Investing? – Paul Merriman (6:59)
How Physicians Fail at Investing – William Bernstein, MD (59:17)
Resource – Retirement Calculators from New Retirement

Section 10 – Estate Planning

Purposes of Estate Planning (0:37)
Why You Need a Will (2:01)
Probate and Designating Beneficiaries (2:49)
Revocable Trusts (2:31)
Avoiding the Death Tax (7:02)
How to Gift Assets (2:05)
Irrevocable Trusts (1:48)
When to Meet with an Estate Planning Attorney (0:45)
How to Do Your Written Plan – Estate Planning (2:44)
Estate Plan/Asset Protection Worksheet
Examples of Estate Planning Portion of Written Financial Plan
Section Quiz (8 Questions)
Quiz Answers and Explanations
What Should Your Estate Plan Do? – Daniel Kesten, JD (6:10)
Crucial Estate Planning Concepts for Physicians: Can You Trust Online Trusts? – J. RobRoy Platt, JD (51:17)
Estate Planning: Taking Care of Those You Care About Most – Daniel Kesten, JD (57:55)

Section 11 – Asset Protection

Evaluating Your Risks (8:45)
Insurance: The First Line of Defense (2:43)
Learning Your State Asset Protection Laws (6:16)
Should I Incorporate My Practice? (2:35)
Separating Toxic and Non-Toxic Assets (2:34)
Advanced Asset Protection (5:01)
How to Do Your Written Plan – Asset Protection (4:05)
Examples of Asset Protection Portion of Written Financial Plan
Section Quiz (7 Questions)
Quiz Answers and Explanations
Above Policy Limits Judgments – Jim Dahle, MD (10:16)
Asset Protection and Risk Management for Affluent Physicians – Ike Devji, JD (52:43)

Section 12 – Staying the Course

Staying the Course and Market History (5:32)
Initial and Continuing Financial Education (1:54)
Modifying the Plan (2:19)
How to Do Your Written Financial Plan – Finishing the Plan (5:19)
Financial Plan Worksheet
Implementing Your Plan (3:02)
Section Quiz (8 Questions)
Quiz Answers and Explanations
Final Exam (50 Questions)
Final Exam Answers and Explanations
Please Leave Us Feedback to Improve the Course
The Psychology of Investing – Morgan Housel (44:25)

Section 13 – Physician Wellness

Physician Burnout: A New Kind of Medical Epidemic – Nisha Mehta, MD (52:41)
How Physicians and Patients Will Pay for Health Care and Other Expenses Now and in Retirement – Jim Dahle, MD (61:01)
Balancing Work, Family, and Finances – Bonnie Koo, MD (60:04)
Recovering from Cases That Make You Cry – Fahd Ahmad, MD (65:32)
Self-Knowledge: The Key to Managing Physical and Financial Health – Dawn Baker, MD (52:53)
Adventures in Burnout Panel: Recognizing and Beating the Burn – Crispy Doc; James Turner, MD; Dawn Baker, MD; Reflections of a Millennial Doc (51:03)
Bridging the Intimacy Gap Between Doctor and Patients Through Shared Storytelling – Jordan Grumet, MD (26:13)
Protecting Your Patients and Yourself from Malpractice – Jim Dahle, MD (75:23)
Instructions for How to Receive Your CME/CE Certificate

Resident – What You Need to Know About Finances During Residency

Introduction to Fire Your Financial Advisor for Residents (3:25)
High-Yield Financial Topics Your Residents Need to Know – Brennan Boyd, MD (43:43)

Resident – What You Need to Know About Insurance

Disability Insurance (16:40)
Life Insurance for Residents (7:13)
How to Do Your Written Plan – Insurance (6:38)
Insurance Worksheet

Resident – Investing

Investing for Residents (14:18)
Becoming Financially Literate (15:09)
Exploring the Tax Efficient Waterfall – Sarah Catherine Gutierrez, CFP (49:20)

Resident – Preparing to Become an Attending

The First 12 Months (3:26)
Job Selection (5:37)
Contract Evaluation (4:21)
Negotiation (6:58)
Tricks, Hacks, and Financial Arbitrage (9:43)
Finance 101: For Graduating Residents and New Attendings – Altelisha Taylor, MD MPH (53:54)
How to Understand and Negotiate Your Employment Contract – Brian Foley, MD, MBA (55:59)
Annihilate Your Student Debt – Disha Spath, MD (46:05)
Live Like a Resident (3:34)

Resident – Creating Your Written Financial Plan

The Written Plan (2:09)

Student – The Finances of Medical School

The Math of Doctoring (8:08)
Introduction to Your Instructors (0:50)
Money and Medicine (9:38)
Choosing a School (7:42)
How to Pay for School (7:19)
Military Programs (8:46)
Federal Programs (11:33)
How to Think About Money as a Physician – Jonathan Clements (51:19)

Student – During School

Minimizing Your Debt Burden in School (21:05)
Investing in School (5:56)
Choosing a Specialty (11:19)
Choosing a Residency Program (16:18)
Burnout Management (7:40)
How to Think About Debt – James Dahle, MD (42:42)

Student – Moving onto Residency

Getting Disability Insurance (10:25)
Life Insurance for Students (5:31)
Renting vs. Buying (9:03)
Conclusion (1:53)

How to Do Your Written Plan – Asset Protection

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