The holiday season brings many fun traditions, like going to see the lights, opening Advent calendars, baking, or shopping for the perfect gift. Since the holidays also signal the end of the year, it can be a time to think about taxes, too. Nate Reineke and Chelsea Jones break down some of the tax breaks doctors like you can try to catch at the last second, like maxing out contributions. We also look at some tax breaks that take a bit more planning, like charitable donations, that you could plan for in 2026. We also answer your colleagues' questions. An Anesthesiologist in Iowa says, “I want to help my son with a home purchase - what is the best way for me to do this?” An Oncologist in Colorado asks, “Do you think a really early retirement is worth pursuing?” A Family Medicine Doc in Texas says, “I’ve heard about this opportunity from a few colleagues to buy into this cash flow business (storage units). The projected return seems really appealing (20-30% over 3 years). What do you think?” Merry Christmas and Happy Holidays! Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It’s time to make a plan and get on track. To find out if we’re a match visit physicianfamily.com and click get started or, you can ask a question of your own by emailing podcast@physicianfamily.com. See marketing disclosures at physicianfamily.com/disclosures

That benefits packet you skimmed might hide a major opportunity. When it comes to saving for retirement, it can seem like there are a million account types, and it is becoming more common for employers to offer even more options. While that flexibility can be great, it can also be confusing, especially when a plan includes the Mega Backdoor Roth. In this episode, Nate Reineke and Chelsea Jones break down what the Mega Backdoor Roth is, how it works inside your employer plan, and when doctors like you should consider using it. We also answer your colleagues’ questions. A Pediatrician in California says, “My Morgan Stanley advisor doesn’t want me to buy and hold our index funds. Why do you think that is?” An Emergency Medicine Doc in Arizona asks, “I have been attending for about 18 months now, and everyone is telling me to buy a house, but what is wrong with renting for another year or two?” A Retired Oncologist in Oregon says, “My expenses are sporadic, and when I had a regular monthly withdrawal set up previously, I found that the cash just started to build up. What do you think about me taking withdrawals out in chunks instead of a regular monthly withdrawal?” Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It’s time to make a plan and get on track. To find out if we’re a match visit physicianfamily.com and click get started or, you can ask a question of your own by emailing podcast@physicianfamily.com. See marketing disclosures at physicianfamily.com/disclosures

If we had a crystal ball, we’d all like to know what the housing market will do. However, we do know that rates have dropped in the last 8 to 12 months, in some cases saving people a whole percent! Nate Reineke and Chelsea Jones break down why it may be beneficial to refinance even if you bought within the last year or if you have an ARM. We also discuss when it may be smart to move to a 15-year mortgage or buy points up front to have a lower rate. We also answer your colleagues' questions. An oncologist in Oklahoma says, “I received an unexpected bonus from work that we did not work into our original financial plan. I could see us either investing it in our brokerage account or putting it into a 529. What are your thoughts?” An OBGYN in Florida asks, “I know estate planning is something I need to do, and I have heard about a trust, but I don’t know much beyond that. Can you tell me how it works?” A Urologist in Oregon says, “We are retired and want to upgrade our house, but we don’t have the cash, so we would need to take money out of our brokerage account or sell our rental property to buy the new house - should we do it?” Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It’s time to make a plan and get on track. To find out if we’re a match visit physicianfamily.com and click get started or, you can ask a question of your own by emailing podcast@physicianfamily.com. See marketing disclosures at physicianfamily.com/disclosures