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Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Money
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Ep61: Embrace Adventure Today: Dr. Cory Fawcett's Cross-Country Bike Adventure
Manage episode 436561478 series 3595688
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Dr. Disha interviews Dr. Cory Fawcett about his remarkable adventure of cycling across America. Dr. Fawcett, who retired early thanks to savvy financial planning and real estate investments, talks about the logistics, challenges, and rewards of the 49-day journey from San Diego to St. Augustine. He emphasizes the importance of living life fully and embracing adventure now rather than waiting for retirement. Dr. Fawcett shares insights on maintaining balance between career, family, and personal passions, offering financial advice and underscoring the significance of a supportive spouse in achieving one's goals.
Bio:Dr. Cory S. Fawcett spent 23 years as a private practice general surgeon in Southern Oregon and has been involved in multiple real estate and business endeavors. With a real estate cash flow that exceeded his living expenses, he retired from medicine in 2017 at the age of 54.
Now, Dr. Fawcett teaches doctors and other high-income professionals how to live more fulfilling lives by becoming debt-free and attaining financial independence through his platform, FinancialSuccessMD.com, as well as through keynote speaking and coaching. Dr. Fawcett and his family recently cycled across America from San Diego, California to St. Augustine, Florida over a span of 49 days.
They are avid cyclists, and Dr. Fawcett has an impressive background in competitive cycling, including winning Oregon’s best all-around rider award in the Men’s Masters division in 2009 and becoming the Men’s Masters Oregon Cross Country Series Mountain Bike Champion in 2010.
Social Media Handles
Web page: FinancialSuccessMD.com
LinkedIn: Financial Success MD
Facebook: Financial Success MD
Twitter: @Fin_SuccessMD
YouTube: Financial Success MD
Pinterest: FinancialSuccessMD
Instagram: financialsuccessmd
Dr. Fawcett’s Introduction and Journey Overview (00:00:00 - 00:01:00)
Dr. Disha Spath introduces Dr. Cory Fawcett, discussing his background as a general surgeon and financial independence coach, and highlighting his recent cross-country cycling adventure.
Balancing Career and Adventure (00:03:00 - 00:04:00)
Dr. Fawcett explains how he balanced his medical career with his passion for adventure, taking 12 weeks of vacation each year to live fully while working and saving half of his income throughout his career.
Planning the Cross-Country Cycling Trip (00:09:00 - 00:10:00)
Details about how Dr. Fawcett planned the trip with his son, choosing the Southern route to avoid snow and coordinating logistics like hotels and a support vehicle driven by his wife.
Overcoming Physical and Mental Challenges (00:18:00 - 00:21:00)
Dr. Fawcett shares the physical challenges of cycling long distances, such as chafing and muscle fatigue, and the mental hurdles of continuing to ride through difficult weather conditions.
Financial and Life Lessons from the Journey (00:28:00 - 00:33:00)
Dr. Fawcett discusses the key financial lessons learned from his adventure, emphasizing the importance of integrating adventure into life, not underestimating the role of a supportive spouse, and maintaining financial discipline by spending less than you earn.
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👋 This episode is sponsored by PearsonRavitz – helping physicians safeguard their most valuable assets.
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Also sponsored by Equity Multiple - EquityMultiple brings you streamlined access to transformative real estate, starting with just $5k. Get started at equitymultiple.com.
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Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.
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