Weekly Wealth Rounds: Issue #017

Week of 8/24/2025

Author

Wealth Rounds
August 24, 2025 • Estimated Reading Time: 3 minutes

As we navigate the financial complexities unique to our profession, I've curated resources to help you optimize your physician income while pursuing what truly matters. 💼 This week, we're examining tax strategies for 2025, breaking free from "golden handcuffs," and evaluating retirement calculators that actually work. Plus, insights on practice ownership and capital gains strategies that wealthy investors are leveraging. 📊

👴 Tax Savings for Physicians, 2025 Edition

Source: Physician on FIRE
Published: August 21, 2025

The 2025 edition highlights tax-saving strategies specifically for physicians, including retirement account maximization and potential deductions of up to 20% for qualified business income. Practice structure optimization and home office deductions can significantly reduce tax burdens while maintaining professional compliance with IRS regulations.

🏥 Breaking the Golden Handcuffs: A Surgeon’s Journey to Financial Independence

Source: The Darwinian Doctor
Published: August 23, 2025

The article chronicles a surgeon's path to breaking free from golden handcuffs and achieving financial independence. It offers guidance for others seeking similar liberation from high-paying but constraining careers. The narrative begins during a late-night shift that sparked the author's transformative journey.

📈 A DIY Investor’s Guide to Retirement Calculators in 2025

Source: WCI
Published: August 19, 2025

This guide evaluates and ranks various retirement calculators for DIY investors in 2025, helping them address specific planning needs. The assessment provides a comprehensive ranking system to determine which calculators offer the most value for doctors and other professionals managing their own investments.

🏥 What Really Matters When Starting Your Own Medical Practice

Source: InvestingDoc
Published: August 24, 2025

Starting a medical practice represents both an exciting opportunity and a significant challenge for physicians. This career move requires leaving employer security to build something from scratch, placing both professional reputation and financial stability at risk. The decision fundamentally transforms a physician's professional journey.

📈 How wealthy investors use ETFs to skirt capital gains taxes. The strategy is 'like magic,' advisor says

Source: Personal Finance
Published: August 21, 2025

Wealthy investors utilize 351 conversions to transfer profitable assets into ETFs, avoiding capital gains taxes legally. This strategy allows them to contribute appreciated securities to ETF providers in exchange for shares, effectively deferring tax obligations. The process is considered magical by financial advisors.