The Doctor’s Life Podcast Episode 012- Diversifying Your Portfolio

2016 started off as a poor year for stock holders. There is still a long road ahead, but there is a great chance to save 2016 by diversifying your portfolio.

Justin Nabity is back on The Doctor’s Life Podcast with some help on diversifying your portfolio and what to look for. All episodes of The Doctor’s Life Podcast are available on iTunes, and on SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast. 

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The Doctor’s Life Podcast Episode 008- How’s Your Financial Health?

It’s that time of the year when you’re looking at bills from the holidays, maybe a job offer or going after a job offer, and tax season is starting to roll around. It’s time to ask yourself about your financial health. Sometimes you have to be brutally honest with yourself when assessing your financial health.

Nick Schneider is in studio this week to help you determine your financial health.

All episodes of The Doctor’s Life Podcast are available on iTunes and SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast.

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The Doctor’s Life Podcast Episode 006- Capitalizing On Your 401k

401k. Those three numbers and a letter makes most of us excited yet completely confused. Your 401k is a solid investment tool that employers provide, yet, if it is not done properly, means you are setting yourself up for failure later on when you close in on your retirement. Did you know you can actually change what is on your 401k throughout your career? It makes sense, but how do you change-up your 401k? Nick Schneider is hopping on to The Doctor’s Life Podcast to give you a run down on the life of your 401k.

All episodes of The Doctor’s Life Podcast are available here, iTunes, and on SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes.

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How Gen Xers Can Get Their Retirement Saving Back on Track

gen-x-rubik-s-cube

Steps that may help to address a savings shortfall.  

Were you born within the years 1965-1980? That makes you a member of Generation X, and it means you are between ages 42-57. Gen Xers now constitute “the sandwich generation” – how time flies.1

Broadly speaking, GenX is the first generation that has had to save for retirement without traditional pension plans. In addition, most Gen Xers will probably retire after 2033 – the year in which Social Security predicts its trust funds will run dry, barring federal government intervention.1

With eldercare responsibilities, kids, and student loans, this demographic is challenged to save for retirement. In fact, 34% of Gen Xers participating in a recent Northwestern Mutual survey stated they had no idea how much retirement income would be sufficient for them. In April, Bankrate found that just 12% of Gen Xers direct more than 15% of their incomes into savings; about 40% were saving 5% or less of their incomes. More disturbingly, 46% of Gen Xers who responded to a May Allianz Life retirement preparedness survey indicated that they would “just figure it out when I get there.”1,2

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The Doctor’s Life Podcast Episode 003- Ohhh, The Midlife Crisis

The midlife crisis. It’s coming! In this episode of The Doctor’s Life Podcast, Nick Schneider dives in to the midlife crisis. With doctors typically just entering into a practice in their early-mid 30’s with a higher disposable income than their friends that have been in the work force for over 20 years, sometimes they feel the need to “catch up” with their friends. Is there a problem with trying to do that? Just take a listen!

(Hint: There’s a right way to do it! Of course there is!)

All episodes of The Doctor’s Life Podcast are available on iTunes, and on SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes.

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Determine Your Investment Risk Right Now!

Investing is fun, and is the greatest tool towards creating future wealth. But when you spot an opportunity, there is a huge question to ask yourself.

Does this investment align with my investment beliefs?

I’m not talking about the product that the company is producing. Instead, I’m talking about the amount of investment risk you are looking at.

Sure, every investment comes with a certain amount of risk, but that higher risk should mean a higher payoff in the end. But your entire portfolio can’t be full of risk either.

Physicians Thrive is now providing a tool to every investor to determine where you should be at when it comes to investment risk, and where the level of risk needs to be to achieve the goals you’ve set out for. This tool is called Riskalyze, which takes into account your current portfolio, your financial goals and investment beliefs. Riskalyze shows you in real-time if you’re aligned with your mindset or if it needs to be adjusted for more or less investment risk.

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The Doctor’s Life Podcast Episode 002- 50/30/20 Rule

In this episode of The Doctor’s Life Podcast, Nick Schneider dives in to the 50/30/20 rule. From buying a car, home, saving for a college fund, going on vacation, or even eating out, the 50/30/20 rule is one to have in the back of your mind.

All episodes of The Doctor’s Life Podcast are available on iTunes, and on SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes.

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