Freedom Formula for Physicians Podcast

Annuities are often recommended by financial advisors because there are many types, each with its own benefits and drawbacks.  This episode will educate you on what an annuity might be right for you! In this episode, Dave talks about… How to have Income Streams in Annuities? Two ways of turning on guaranteed income to these Annuities What are the options to do Annuitization How do you get income from benefit income writers? Resources Mentioned: Ebook to Road to Retire Contact: 833-343-2986 Contact Dave for a free 30mins strategy session: ‪(612) 284-2409 For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This

Have you been wondering what it would take to retire? What if you wanted to retire by 45?   Download our e-book the Road to Retire by 45 to figure out the specific steps.   Just text ROADTORETIRE to 1-833-343-2986 and get your free copy!

Do doctors pay too much in taxes? It's a question many people ask, and it's not easy to answer. But if you're motivated enough, I'll help you find the answer! In this episode, Dave talks about… What are you doing to manage your taxes proactively? What do physicians say about taxes? Survey on how much Physicians pay on federal income taxes in 2021? Learn more about State income taxes What is a marginal tax rate? Do you pay too many taxes? How much did physicians pay for their tax preparation? Have you ever been audited? Resources Mentioned: Medscape Report about Physicians and Taxes Ebook to Road to Retire Contact: 833-343-2986 Other episodes you may like: How to (Legally) Max Out Your Social Security Understanding Social Security   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt fr

Annuities are a type of insurance that pays out a fixed amount at regular intervals over a specific period (usually decades). In this episode, Dave talks about… How does an annuity work? Why do financial advisors and some people like annuities? Pros and cons of different kinds of annuities? Why other people don't like annuities? Resources Mentioned: Website: Locum Story   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, a

Taxes are hard and it's almost impossible to avoid them. So if you want to know about other ways to get some of your money back, then this episode is for you. In this episode, Dave talks about… Dave's journey on his biggest tax deduction  How did he do it? Why acquisition of a business is fantastic? How to legally reduce your tax? Resources Mentioned: Email dave@daviddenniston.com Website: Locum Story For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. T

The truth is that you can experience both fast and slow growth throughout your career or phase in your life. I think most of us are rushing through life. We want to get to the next task, project, or goal on our list. Or maybe we're rushing towards trying new things and experiences. We simply want to live our lives and make sure we have time to see all we have on our "to-do" lists. In this episode,  I want to speak about slowing down during a season in our lives, or speeding up when we are in the heat of looking for another career opportunity. Resources Mention in this Podcast: Website: Locum Story Email: dave@doctorfreedompodcast.com   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo

An experienced tax attorney can help you understand complicated rules, handle trusts and estates, estate planning, business, and commercial litigation, and compliance.  In this episode, Tony Mathis will cover the most important things that you need to know in Tax Strategies. Toby Mathis is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States In this episode,  Toby & Dave talk about… How did Tony become a tax attorney? Know more about Malpractice lawsuits Why is it important to be careful NOT to tell who you are when you get into an accident? Thoughts about the world tax TODAY What makes a real estate professional by tax standard? Tax rules for real estate professionals Resources Mentioned: Books: Infinity Investing: How The Rich Get Richer And How You Can Do The Same Website: Locum Story Toby Mathis Youtube C

Wouldn't it be nice to build a passive income that you could rely on? If you're after financial freedom, this episode about real estate investing can help. Dr. Jeannette Birnbach has been running a successful practice for the last 24 years in the Pacific Northwest. She realized halfway through that time that scaling her business would require opening multiple offices or developing a passive income stream. She had always been intrigued by the idea of real estate and began her journey by renovating and flipping a house and then purchasing single-family homes in multiple markets. Her phone became a tool for listening to real estate podcasts every free moment. In this episode,  Dr. Jeannette & Dave talk about… Her lovely story when she moved to Japan Learn about Jeannette enrolling in a chiropractic school How did she pay her debt? Her learnings when she restarts her practices 3-4x? When did she get into real estate? How did she find and buy 8 properties in a year and a half? What was the cash flow in thos

Some of the most common causes of malpractice include negligence, errors in diagnosis and treatment, failure to follow a doctor’s orders correctly, failure to correct problems when they first appear, failure to communicate with a patient, or an inappropriate amount of time spent evaluating a patient. If you want to learn more about Malpractice solutions, our guest today will give you the answer. Jennifer Wiggins started Aegis in 2018 after 16 years of working for one of the nation’s largest malpractice insurance carriers.  Building on that foundation of knowledge and experience, Aegis has launched into the marketplace as one of the only specialized medical malpractice insurance agencies in the country.  Jennifer offers tireless customer service and a wide range of coverage solutions to independent doctors and medical practices, as well as ongoing malpractice insurance education and resources to healthcare providers throughout the United States. In this episode, Dave & Jennifer talk about… What to know mo

Are you looking into the steps to becoming a self-storage business owner? There are many steps involved, with much work ahead.  We have our guest today who can share his knowledge and his journey in the real estate investing and self-storage business. Fernando Angelucci worked at Dow Chemical, a Fortune 50 company, rolling out a flagship product estimated to gross $1B in global revenues. When he was 23, Fernando started doing real estate on the residential side by wholesaling and acquiring residential rentals.  Fernando then went on to build a multi-family rental portfolio spanning the Midwest. In preparation for the next down cycle, Fernando and the team divested from residential real estate to focus on self-storage.  In this episode, Fernando & Dave talk about… Why Fernando does not want to go to college? How does he start investing in real estate? What is the use of debt in real estate? How does Fernando gain knowledge about real estate? What is his mentality during 2007-2009 at the time his investin

Have you ever wondered what is 831 b plans are? and how it differs from other plans? So, we have our guest today who will give an overview of the 831 b plan and its benefits. Ed Bryan has more than 20 years of sales and operations management experience with a consistent history of leading high-performing sales teams and operational excellence. As Director of Business Development. Ed leads the SRA team in partnering with clients and valued advisors to provide next-level strategies to business owners. He has been a featured speaker at numerous well-known national conventions and industry events in insurance, finance, and long-term planning. In this episode, Dave talks about… What is the 831 B plan all about? A little background about Ed Bryan Difference between the 831 B plan Vs. 401k Why Physician should be aware of this plan? What's different about this kind of plan? Can you do it on top of a 401K or a cash balance plan? What kind of practice that this would be a good fit for? What is the cost of setting up

Investing in self-storage is a smart idea that can provide you with a lot of good benefits and experiences. But, with many different factors involved, it's hard to know where to start and what you need to do before (or after) making an investment. This is your opportunity to learn as Paul Moore of Wellings Capital will share the do's and don'ts of self-storage that everyone should be aware of. After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was a two-time finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on

A financial market is a place where many enter and fail to find their footing.  This episode will teach you how to take advantage of good markets and why you NEED to be an active trader. The market will show you great opportunities if you only know where to look. In this episode, Dave talks about… What is Behavior Gap? Know more about the investment return What is the difference between the investment return and the investor return? Why timing strategy is awesome? How to take advantage of good markets? Resources Mentioned: Blog: Mind the behavior gap Contact: What's My Number? - (612) 284-2409   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by na

Are you looking for a substantial tax deduction? If the answer is YES and you're an independent contractor or you're a small practice owner, then this is something you should look into. In this episode, Dave talks about… What are benefit plans? The basics of the defined contribution plan versus the defined benefit plan  Explanation of defined contribution plans Can an independent contractor or a small practice own their pension plan? What happens if you hire a third-party administrator to help calculate how much you can put in? Cons of hiring a third-party administrator Resources Mentioned: Contact: What's My Number? - (612) 284-2409   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserin

There are many factors to consider when determining the best time to do Roth conversions. Whether you're considering a Roth conversion to meet your future financial goals or simply want to reduce some of your taxable income, here are new episodes that can help you make an informed decision. In this Podcast, Dave talks about… Why are Roth conversions an excellent thing to do? When is the optimal time to do a Roth conversion? Reasons you are probably not a good fit to convert the IRA money Know more about cases based on the tax brackets The difference between pre-tax and Roth Why converting pre-tax 401K IRA dollars to Roth IRAs powerful? Resources Mentioned: Contact: What's My Number? - (612) 284-2409 Blogs The best time to do Roth Conversion What is the super back door Roth Ira? Should I Wait for a Dip?   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financ

The Super Backdoor Roth IRA is one of the easiest ways to get more money into a Roth IRA. So, if you want to learn more then make sure to check this out! In this episode, Dave talks about… The easy ways to have money grow tax-free and come out tax-free in retirement? What is the limit to contributing outright to a Roth IRA? What are the defined contribution plans? The typical problem in super backdoor Roth IRA Resources Mentioned: Contact: What's My Number? - (612) 284-2409 Website:  What is super backdoor IRA - Blog   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to pr

The front-door and back-door Roth aren’t new IRA steps you should be familiar with. But they are steps that can save you money, so we’re going to talk about them today. In this episode, Dave talks about… The front door and backdoor Roth IRA What is the limit to contributing outright to a Roth IRA? Learn more about super backdoor Roth IRA Why is super backdoor Roth IRA isn't available everywhere? Resources Mentioned: Contact: What's My Number? - (612) 284-2409 Email:  dave@doctorfreedompodcast.com Website: Whitecoat Investor: How to report a back-door Roth IRA on Turbotax The Finance Buff: How to Report a Backdoor Roth IRA on Turbotax   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo

There are many questions to be answered when considering real estate investment. So, we have our guests today who have a passion for helping people and real estate reach their highest and best use. Jeremy and Jennifer are serial entrepreneurs, and they understand what it takes to build companies and real estate from the ground up. They are members of multiple masterminds where they surround themselves with high-level entrepreneurs that help them with the tools and network they need to build the life they desire. In this episode, Dave, Jeremy, and Jennifer Perkins talk about… Learn more about Self storage Jeremy and Jennifer's journey in Real Estate Investment Tips on Physicians on how would you get started today in Self storage Jennifer talks about the tax write-off of depreciation What defines a real estate professional?  Story on how they decided to get into self-storage Why do they choose self-storage investment? How do they define financial freedom? Resources Mentioned: Contact: What's My Number? - (61

Investing might sound like a simple concept and it is, but at the same time, it's the hardest thing you'll ever do. So in today’s episode, I would love to introduce you to someone that can educate us when it comes to investing. He is someone that started with a corporate career and really kind of converted his mindset from Wall Street assets to real assets. He is the CEO of Match Real Asset Partners. Please welcome Mark Livingston. In this episode, Dave & Mark Livingston talks about… How did Mark set a path towards having an interest in entrepreneurship? The lesson he learned from his father when he failed his business When did he start investing? How did being a CPA influence him to start to look at investments  When did he start investing in the Wall Street assets and how has that shifted for you over time? His journey in Land Business What have been the pros and cons of the deal funding for you? What is CO2 scrubbing equipment? How to bring in other investors into this type of deal? Resources Mention

If you have ever wondered what I bond is and why it would be a good investment for yourself and your finances, this Podcast should give you the answers. In this episode, Dave discusses... What is an iBond? What are the major cons and pros of this kind of investment? How long does an iBond earn interest? What is the term for an iBond? Why it’s important to monitor the amount and the bond numbers? Resources Mentioned: Contact: 612-284-2409 Website: Learn more about Ibonds: Treasury Direct   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any