Since the July 16th webinar, I’ve had the opportunity to speak with over 20 doctors about the value of their business in today’s market versus the value of the cash flow their business produces. I know talking with a stranger about personal and business finances isn’t exactly cocktail hour conversation, but the feedback has been overwhelmingly positive.
After each call, I keep asking myself one question: why isn’t your advisor doing this for you?
Now, I know I offered to do this for free and am happy to share my analysis. I love helping doctors. But for my clients, this kind of analysis is an ongoing discussion. It can’t be done in planning software. It’s completely customized based on each client’s unique situation, and I’ll update it as many times as needed to reflect current market conditions. Your practice is most likely your largest single asset. Your advisor should be doing this for you.
When we talked, I challenged you to think about how much you need to retire. Selling doesn’t matter if it’s not enough to live on the rest of your life. Remember the 4% rule: your (after tax!) invested assets usually can sustain a 4% distribution rate annually.
While I love helping ODs—it’s quite literally in my blood— the free analysis wasn’t out of goodness of my heart. I’m looking to develop long term relationships where I can have a meaningful impact on the quality of life and financial security of doctors and their families. So:
I’ve set aside 10 personal wealth action plans (think financial plans on steroids) I’m offering at a significant discount ($998 versus $1,500).
There’s a method to my madness—that’s two plans per month through the end of the year, which is more than enough to keep me busy on top of my regular client load.
This past week, I've had a “break” from excel spreadsheets to get my Certified Exit Planning Analyst designation. Over the next few weeks, I have another 20-something calls lined up and growing with doctors who listened to the webinar replay. If you are interested in being one of the 10 discounted personal wealth action plans, reply to this email and let me get to work on your financial future!
Click here to see what you can expect from your Personal Wealth Action Plan. The former bank I worked for charged my clients $5,000 - $7,500 for similar work. Worst case scenario, you get a second opinion on the most important financial matter you’ll ever work on—you. Best case, you’ll have clarity and a plan for your financial future.
I can't tell you how much I enjoyed getting to know you and learning about your practice. I hope we have the opportunity to touch base again soon.
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