Leif is well-known in the personal finance space as the Physician on FIRE. He runs a website by the same name to inspire physicians and their patients to live a life of financial independence and early retirement. In this episode, I talk with Leif about his strategy of becoming financially independent and getting the most out of your money.
In today’s episode, you’ll find out:
- The trick physicians can use to create more freedom with locum tenens
- How to leverage your income to retire before traditional retirement age
- How Leif escaped undergrad with no student loan debt
- Leif’s thoughts about pursuing loan forgiveness as an anesthesiologist
- How you can have a better lifestyle with student loan debt
- When it makes sense to consider PSLF as a physician
- The risk of taking over a mom-and-pop medical practice
- What Leif says is the best return on investment of different medical specialties
- The reasons people start to feel “burned out” by practicing medicine
- The two big things Leif chooses to splurge on
Links mentioned:
- Physician on Fire website
- Physicians on Fire Facebook group
- Physicians on Fire FatFIRE Facebook group
- Private student loan lenders
Like the show? There are several ways you can help!
- Subscribe on Apple Podcasts, Stitcher, Spotify or TuneIn.
- Leave an honest review on Apple Podcasts.
- Follow on Facebook, Twitter, or LinkedIn
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
Take our 11 question quiz to get a personalized recommendation of whether you should pursue PSLF, IDR forgiveness, or refinancing (including the one lender we think could give you the best rate).
Take Our Quiz1Earnest: $1,000 for $100K or more, $200 for $50K to $99.999.99. For Earnest, if you refinance $100,000 or more through this site, $500 of the $1,000 cash bonus is provided directly by Student Loan Planner. Rate range above includes optional 0.25% Auto Pay discountEarnest disclosures. 2Laurel Road: If you refinance more than $250,000 through our link and Student Loan Planner receives credit, a $500 cash bonus will be provided directly by Student Loan Planner. If you are a member of a professional association, Laurel Road might offer you the choice of an interest rate discount or the $300, $500, or $750 cash bonus mentioned above. Offers from Laurel Road cannot be combined. Rate range above includes optional 0.25% Auto Pay discount. Laurel Road disclosures.3Elfi: If you refinance over $150,000 through this site, $500 of the cash bonus listed above is provided directly by Student Loan Planner. Elfi disclosure. 4Sofi: If you refinance $100,000 or more through this site, $500 of the $1,000 cash bonus is provided directly by Student Loan Planner. Rate range above includes optional 0.25% Auto Pay discount. Sofi disclosures.5Commonbond: If you refinance over $100,000 through this site, $500 of the cash bonus listed above is provided directly by Student Loan Planner. Commonbond disclosure. 6Credible: If you refinance over $100,000 through this site, $500 of the cash bonus listed above is provided directly by Student Loan Planner. Credible disclosure. 7LendKey: If you refinance over $150,000 through this site, $500 of the cash bonus listed above is provided directly by Student Loan Planner. Rate range above includes optional 0.25% Auto Pay discount.
Leave a Reply