ChooseFI Logo

104 | Advice to My Younger Self | DiverseFI

Doc G, writer at, shares his experience and mindset as he considers stepping away from his career as a doctor, and highlights the value of building purpose, identity and connection.

  • Doc G feels conflict between a desire to stop working and a desire to carry on the good work of being a doctor.
  • How did Doc G find financial independence?
  • Having read The White Coat Investor’s book, Doc G’s mindset changed immediately, but life changes took a few years.
  • There’s a real risk of burn out as a physician in the U.S. right now.
  • Prior to finding financial independence, Doc G’s accountant said he’d need $10 million to retire, but never asked how much Doc G’s life actually cost.
  • How does Doc G understand the role of fear in his life?
  • The only way to really overcome fears is to actually face them.
  • Doc G struggles to figure out what his role in the world is if he stops being a doctor.
  • Purpose, Identity, Connection: What makes your heart sing?
  • Finding your purpose and identity early in life can actually lead you to financial independence.
  • Financial Independence is plan B, as plan A is living life with purpose, identity and connection.
  • How to find meaning:
    • Take on every new opportunity
    • Say yes, all the time
    • Search for meaning in the small things
  • We limit ourselves by deciding something isn’t worth or time, or creates more fear than we want to face.
  • How does Doc G feel about “YOLO” (you only live once)?
  • Money compounds positively when we save it, but also negatively when we accumulate debt.
  • Front-load sacrifice: do the hard work when you’re young.
  • No matter what path you take in life, it really doesn’t matter so long as you find purpose, identity and connection.
  • The FI community has created a space to have conversations about the things in life that are truly important, not just careers.

Links mentioned in today’s show:

Accidental FIRE

“150 Portfolios that are Better than Yours” – The White Coat Investor



Subscribe To The FI Weekly

Action, accountability, inspiration, and community. Join the movement. Get started on your Path to FI

More To Explore
Life Optimization
Life Optimization
What Are You Optimizing For? | Chris Hutchins | Ep 423

Sometimes on the journey to FI, we ask ourselves the following; do I really need to spend money on this? Do I really have the time and resources for that? These questions may be easy to dismiss by saying no in order to stay on track with your financial goals, but by dismissing them, you could be missing out on something that is beneficial to your personal journey! This week we are joined by friend of the podcast, Chris Hutchins, to talk about the hacks for optimizing your life, the differences between cheapness and frugality, and the importance of valuing your time and what it can lead to. Saving money is an important part of achieving FI, but you should never feel so restricted that you miss out on investing your time and money in things that bring joy and value into your life. While saving is important, it’s okay to spend money. Whether it’s on a trip or investing in something new, there are ways to make it work without feeling guilt or shame. Prioritizing and valuing your time can introduce new experiences and provide happiness as well as perspective while on this journey! 

Read More »
You Might Be Interested in...
Share This Post
Share on facebook
Share on linkedin
Share on twitter
Share on email
Share on pinterest