Ep #153: The Freedom Journey – Insights From Dr. David Phelps

Today we’re interviewing our very own Dr. David Phelps! Over the last few years, many longtime listeners have tuned in to strategy sessions with David’s most trusted advisors, but this time, you’ll hear directly from him about his own path to financial freedom.

In this episode, David shares the important lessons he learned on his journey to success. Listen in to discover how his real estate investments led to $15,000 in passive income each month, why he says the traditional view on retirement is outdated, and so much more.

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Minute Markers:

1:50 – The investments that led to David’s transition out of his clinical practice in his early 40s.
6:07 – How David built his plan B.
10:50 – David’s perspective on the traditional approach to retirement.
13:10 – The three components of freedom.
16:30 – Words of wisdom for dentists or practice professionals who feel like they are behind the curve on retirement planning.
18:35 – What keeps many dentists staying in practice much longer than necessary.
19:05 – The reason David stays involved with the Freedom Founders Mastermind Group.
22:25 – What David wants his legacy to be.