New Attending Financial Checklist: Money Mistakes to Avoid

The 12 to 24 months after residency set the trajectory for your entire financial life — and most physicians get it wrong. In this episode, Jimmy and Justin walk through the financial checklist every new attending needs: why you should start a taxable brokerage account immediately (not just max your retirement accounts), how to build a student loan plan before RAP and IBR rules shift, the backdoor Roth transition, vesting schedules that can cost you tens of thousands, and the lifestyle inflation trap that quietly delays financial independence. You can have anything you want — just not everything.

Resources:

Looking for a CPA that does more than just file taxes each year? Check out Gelt - the proactive Tax team that Jimmy uses: https://moneymeetsmedicine.com/CPA

Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability

Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook

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