If you’re a PA, NP, or pharmacist and think wealth building is only for people in higher-paying specialties or dual-income households with no debt—this blog is for you.
The truth? It’s 100% possible to become a multi-millionaire with a six-figure income, even if you’re working in primary care, living in a high cost-of-living area, or just starting out. How do we know? Because we’ve helped medical professionals just like you do exactly that.
Below are five real client case studies to show you what’s possible with the right systems, strategy, and support.
Challenge: Lower-paying specialty + early 30s with limited investments
Goals: Reduce hours when they start a family, retire early with flexibility
What We Did:
Result:
Kelly and her sp...
If you're a PA, NP, or pharmacist and you've ever thought, "Personal finance is just too complicated for me," you're not alone. That’s exactly what most of us are conditioned to believe.
But here's the truth: learning to manage your own money could save you more than $1.5 million in your lifetime. I know this because I’ve lived it.
When I graduated as a critical care PA, I had $161,000 in student loans and zero assets. Like many new grads, I was eager to "do the right thing", so I hired a financial advisor and opened a Roth IRA through Edward Jones.
It felt like I was checking all the right boxes. But years later, I realized I had paid thousands in fees without even realizing it: fees that were quietly dragging down my returns.
Once I learned to manage my portfolio myself, everything changed. Less than a decade later, I hit $1 million in net worth at age 31.
Most medical professionals fall int...
When I first became a PA, I thought hitting $1 million in net worth would mean I “made it.”
But now that I’ve actually crossed that milestone, and helped hundreds of medical professionals do the same. I can tell you this:
A million dollars isn’t enough.
If you want to retire comfortably (or early), reduce your clinical hours, or stop working when your health is still good, you’ll probably need $3–4 million or more.
Let’s break down why that number matters, and how I built wealth faster than most people thought possible.
Here’s what most people don’t realize:
If you retire with $1 million, and use the standard 4% withdrawal rule, that gives you just $40,000/year to live on. Not exactly luxurious.
Now add inflation into the mix.
What feels like enough today won’t go nearly as far by the time we’re 65.
Example:
At 35 years old, if I spend about $70K/year, I’d need $3.7M by age 65 to maintain that lifestyle.
(That’s the inflation-adjusted cost.)
So no…...
What if your money could work harder, so you don’t have to?
Whether your goal is an extra $10K, $20K, or $50K/year, building passive income as a PA, NP, pharmacist, or physician is 100% possible. But not all passive income streams are created equal.
In this post, we’re breaking down the top 3 cash-flowing investment strategies that medical professionals are using in 2025 to earn more: without picking up extra shifts.
Barrier to entry: Low
Truly passive: âś…
Tax advantages: âś… (qualified dividends = long-term capital gains rate)
Most medical professionals expect to retire around age 65, but what if your body doesn't make it that far?
In the U.S., the average lifespan is 78, but the average healthspan is only 63. That means most people become too tired, immobile, or unhealthy to enjoy their lives before they stop working.
If you're planning to wait until 65 to live your best life, you might already be running out of time.
So what's the solution?
You build wealth before your health fades. And that means understanding three powerful money strategies that allow you to:
Let's break down each strategy.
Coast FIRE means front-loading your investments early so they can grow on their own. Once you hit your "coast" number, you no longer need to actively invest.
Your money keeps compounding, even if you:
As a PA-C and money expert,, I’ve worked with thousands of medical professionals who are trying to juggle busy lives, growing careers, and massive student loans. But there’s one thing my husband and I started doing years ago that changed everything in our relationship and our finances:
We started having quarterly money dates.
It’s not just about budgets. It’s about alignment, goal setting, and long-term wealth building…. together.
A money date is a structured yet relaxed time to check in with your partner about money without distractions or stress. It’s a chance to:
And when done right? It turns “you and me” into a financially unstoppable we.
Quarterly is ideal. Once every 90 days keeps things on track without being overwhelmin...
If you're a PA, NP, pharmacist, or physician looking to grow your net worth in 2025, you’ve probably been told to:
Sound familiar?
The truth? Those things barely move the needle. If you want to actually build wealth, there are two key numbers that matter more than anything else:
âś… Your income
âś… Your investing rate
Let’s break down how these two levers work and what happens if you ignore them.
We get it, you’re busy. You’re working full-time (or overtime), possibly paying down six figures in student loans, and the internet is flooded with advice to “spend less on lattes.”
đź’ˇ Here's the truth:
You can’t budget your way to millionaire status.
The tiny tweaks (like skipping brunch or canceling Netflix) don’t make you financially free. And while frugality has its place, it’s not your main path to w...
When I graduated from PA school back in 2016, I did what a lot of new grads do when they’re desperate for financial guidance:
I was told:
❌ Don’t invest until you’re debt free.
❌ Pay off all your student loans as fast as you can.
❌ Use a financial advisor to pick actively managed mutual funds.
And honestly? It cost me a lot of money and years of delayed wealth-building.
If you’re a PA, NP, pharmacist, or physician with over six figures in student loan debt, this post is your warning. Dave Ramsey’s advice might be dangerous for you.
Let’s be clear: Dave Ramsey has helped millions of people get out of credit card debt, avoid car loans, and live below their means.
But that advice is great for the masses, not for medical professionals with $100K+ in federal student loan debt.
When your debt is extreme and your income is delayed due to years of training, you’re not on the financial bell cu...
If you’re a new grad PA, NP, PharmD, or medical professional trying to figure out how the heck you’re supposed to manage your student loans… there’s one number that changes everything:
This simple calculation determines:Â
âś… Whether PSLF is worth it
âś… If private practice is even an option
âś… How painful your monthly payments will be
✅ And how much flexibility you’ll actually have in your career
Let’s break down why debt-to-income ratio (DTI) matters so much, especially if you're just starting out.
Your debt-to-income ratio is your total student loan debt divided by your anticipated annual income.
Example:
If you graduate with $100K in student loans and expect to earn $100K as a PA, your DTI is 1:1.
If you have $200K in loans, and still earn $100K, your DTI is 2:1.
🎯 Key tip: Use starting salary, not median salary, especially if you’re still in school or early in your career.
We became millionaires at 31/32 as a PA-C and construction manager.
Our net worth gains in 2024 were much greater than our annual income, because our money was out earning more money for us.
Here are the top 10 lessons I learned in 2024 about building wealth:
(I didn’t even believe #7 was true a few years ago...)
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