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Twice a month, faculty and residents of the University of Arizona College of Medicine-Phoenix Family Medicine Residency discuss key clinical points from each issue of American Family Physician (AFP). AFP publishes clinical reviews that help keep physicians current with advances in diagnosis and treatment. Contributing editor: Dr. Steven Brown.
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As a physician mom or dad, you put everything into your practice and your kids and you want to make sure you’ll have enough for retirement some day. But work and family soak up most of your time and energy, so the last thing you want to do is sit down and dig through the ever-changing world of investment options and tax laws to find out what you’re missing and figure out what to do with your extra money. Join hosts W. Ben Utley and Nate Reineke, two Certified Financial Planner™ professionals ...
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If you’re a physician, you’ve probably heard of F.I.R.E. (financial independence, retire early). It sounds amazing, but do physicians *actually* retire early? Why or why wouldn’t you? On this episode, Nate Reineke, CFP® is joined by Chelsea Jones, CFP®, our in-house Retirement Planning Specialist, to discuss the balancing act between working to sav…
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If raising a physician family is like a circus, then physician moms are the jugglers keeping all the balls in the air. “You’ve got to know which balls are glass and which ones are rubber so you know which one it’s okay to drop,” says Dr. Sandra Rood, our guest in this episode. As a pediatrician, a wife and mother to a special needs child, Sandra wa…
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Systemic lupus erythematosus (1:40), Bell palsy (6:30), outpatient management of COVID-19 (10:20), metformin or lifestyle changes to prevent diabetes (13:50), acetazolamide for acute heart failure (18:00), low back pain (20:20), and a brand new game (22:20).
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What do neurosurgeons and otolaryngologists have in common? Beyond the polysyllabic nature of their titles, they are both high earning physicians AND four out of five of them are making a BIG tax mistake with their 401ks. Specifically, they’re choosing the Roth 401k, not the right one or the “Traditional” 401k. Listen in as Ben and Nate walk throug…
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Chronic asthma management (1:40), conflict of interest in asthma guidelines (6:50), top 20 research studies of 2022 (9:40), legal challenges for family physicians and abortion care (16:30), management of postpartum hemorrhage (20:10), and liraglutide for Type 2 diabetes (22:30).
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How was your tax bill this year? Was it smooth and easy? Or did you get a nasty surprise? If you have ever felt the shock and awe that comes from a surprise tax bill bomb, this episode is for you. Listen in as Ben and Nate discuss the top three reasons why young physicians, mid-career physician investors and self-employed doctors sometimes get hit …
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When it comes to financial stuff, the US government usually gets a bad rap. But the Federal Employees Retirement System Thrift Savings Plan (FERS TSP) is a major exception. Ben and Nate field a question from a US Air Force Reserves flight doctor about how to invest in the TSP. Tune in to learn why this 401k-like plan is so awesome and why one of th…
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Bonds are boring, aren't they? Well, not anymore. Recent rate increases make bonds more interesting than they've been in years. Better, some bonds yield interest that's tax-free, making them a match for many overtaxed physician families. Listen in as Ben and Nate answer questions like: • What is a bond? • How do they work? • How can physicians inve…
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Acute otitis externa (1:30), trazodone for insomnia (4:40), long COVID (7:10), common skin conditions during pregnancy (9:20), chronic disease management during Ramadan (14:50), statins for primary prevention (16:50), and an evidence-based medicine minute (19:30).
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Do you remember that guy? You know, the friendly insurance agent you met when you were a resident? That was back when you thought everybody was as honest and well-intentioned as doctors are. And that was at a time when you and your family were vulnerable not only to the whims of fate but the advances of greedy life insurance agents, too. They shoul…
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Introduction of the newly available Spanish-language AFP podcast (0.30), fibromyalgia (7:00), bee stinger removal (11:30), eczema (13:20), televisits for prenatal care (15:10), peptic ulcer disease and Helicobacter pylori infection (17:30), and AFP clinical answers (21:20).
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For Valentine’s Day, we thought about getting you a big box of chocolates, but we decided to give you something less fattening and more fascinating: five tips to rekindle the flame of financial intimacy in your monetary marriage. We scoured the internet in a search for “how to talk about money with your spouse” but we came up practically empty hand…
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The tax code is so complicated that even doctors–some of the smartest people on the planet–struggle to make sense of it all. And the one person who is supposed to help, your tax preparer, doesn’t seem to care. Join Ben and Nate as they break down the three “tax things” most physicians want and discuss why the average tax preparer won’t give you the…
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As we look forward to 2023, we also look back on 2022. We found many physician families who are so happy they’ve been with us for years, and decades even, while others move on after a brief engagement. This got us thinking about who is a match for us and who might be happier elsewhere. At Physician Family Financial Advisors, we hope our advice will…
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Overdiagnosis of nonalcoholic fatty liver disease (1:50), galactorrhea (5:20), testicular torsion (9:40), medication abortion (12:40), anxiety disorders in children and adolescents (14:40), platelet-rich plasma injections (19:50), and a new feature, hot takes in family medicine (22:50).
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What do you need to focus on throughout your career to enjoy a happy retirement? Today, it’s time to hop in the “Physician Retirement Time Machine” to see how things might look a couple of decades from now. How can you graduate from a successful career with a smile on your face, a song in your heart and an unexplainably healthy glow about yourself?…
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Noninvasive prenatal screening (1:40), antibiotics in upper respiratory infections (3:50), posttraumatic stress disorder (10:30), people experiencing homelessness (13:20), deprescribing proton pump inhibitors (17:30), a new practice guideline for adults with hypertension (20:10), and our favorite holiday and winter ICD 10 codes (22:50).…
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What is the simple truth about college savings for doctors? When do physicians need to start saving for their children's college education? How much should a doctor save for public or private college and how can you use a 529 plan to save money? Tune in to learn the answer to these questions and become an informed parent surrounding your child’s co…
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Long COVID (1:40), management of head and neck injuries by the sideline physician (4:50), enuresis in children (10:30), surviving sepsis (16:10), vericiguat for heart failure (18:20), and magnesium sulfate in chronic obstructive pulmonary disease (23:10).
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There are three new tax changes happening for 2023. Although they may seem insignificant, the changes can have big impacts for financial security down the road. Tune in to learn what you as a physician need to know about these changes and how to adjust your IRA, 401K, and HSA accounts accordingly. These small adjustments are a necessity and could p…
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Nowadays, investments are looking unfavorable, which leads to the question: should physicians keep investing? The answer is yes! You should continue to invest. The state of the economy is creating an ideal time to purchase investments, trusting that the market will rise again as it has in the past. Are you prepared with a spread of investments? If …
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Through strategy, habits, and mindset change, physicians can easily double their money in half the time to create a comfortable retirement. Using the rule of 72, you can determine the amount needed to invest to reach your retirement goals, and how long it will take to get there. Tune in today to learn how doctors can feel confident they are on trac…
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What might be the single best tax break for a physician’s family? Surprisingly, a health savings account (HSA) may be the right option for your physician family. An HSA account is a vehicle where a physician can save on taxes when money is deposited for future health care expenses. So, how does a physician qualify for an HSA account? What is the ta…
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