#166 Physician Mothers Need To Put On Their Oxygen Mask First

#166 Physician Mothers Need To Put On Their Oxygen Mask First

Author: Nate Reineke May 6, 2026 Duration: 18:10

As we head into Mother’s Day this weekend, we reflect on everything moms do for us. In today’s world, more and more parents are supporting their children for longer. Nate Reineke looks at the question “What should my kids be paying for?” And how paying for your 20-something-year-old’s car insurance or phone plan can be a roadblock to your plan. As Nate says, you have to put your own oxygen mask on first and make sure you’re on track for retirement. Additionally, we break down some other ways parents can still support their kids in adulthood. We also answer your colleagues' questions. An Emergency Medicine Doc in AZ says, “I am eligible to join this Defined Benefit Plan, but I am not maxing out my 401k yet, and I need cash flow for a variety of other things. I don't see the pros for contributing to this. Only caveat is that once I opt out, I can never elect to contribute to this plan in the future.” An Emergency Medicine Doc in California asks, “I am 39 years old and already feeling like I can’t do this work for 15 more years. How should I plan to get out of the meat grinder before I am in my mid-sixties?” An Emergency Doctor in Utah wonders, “I saw that my TSP allows for in-plan Roth conversions now. Does this mean I can do a mega backdoor, Roth?” Are you ready to turn worries about taxes and investing into a plan for college and retirement? If you’re evaluating your options and want to learn more, 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


Finding a clear path through financial planning feels uniquely challenging when your career is in medicine and your heart is at home with family. The Physician Family Finances Podcast exists in that specific, demanding space. Host Nate Reineke, alongside co-host Chelsea Jones, brings their experience as Certified Financial Planner™ professionals directly to conversations with physician parents. They understand the dual pressures of managing a practice, caring for kids, and making smart long-term decisions with your earnings. Each episode moves beyond generic advice to tackle the real questions you face, from navigating student loan strategies and investment options tailored to a physician's timeline to planning for retirement without sacrificing your family's present. This isn't about quick tips; it's about building a sustainable framework that aligns with your values and goals. Tune in for a candid, practical discussion that makes complex topics like tax laws and wealth building accessible, so you can gain confidence and clarity with your finances. The entire podcast is built on the principle that securing your future should feel like an achievable part of your life's work, not an overwhelming distraction from it.
Author: Language: English Episodes: 50

Physician Family Finances Podcast
Podcast Episodes
#139 This or That: What Retirement Plan Should Physicians Choose? [not-audio_url] [/not-audio_url]

Duration: 25:27
It is Halloween! The kids are out trick-or-treating, and the air is a little crisper as the seasons change. A change in jobs or open enrollment can lead to the spooky decision of what retirement plan is best: a defined b…
#137 Should Physicians Have a Whole Life Policy? [not-audio_url] [/not-audio_url]

Duration: 25:52
As a young doc, it can seem like everyone has something to sell you. Many physicians can end up with a whole life policy that they don’t actually need, and that policy can have a loan against it without you really knowin…