Reader,

Before we dive into the financial deep end today, I have a quick personal update: I officially turned a year older this week.

To celebrate, Katie completely surprised me. She took me out for a lovely dinner and gifted me two very different things: a brand new set of shoes (because she says she wants me to be "cool" 😎) and a new portable microphone for my video content 🤓

It is a hilarious dynamic. On one hand, the wireless mic makes me feel young, like a trendy Gen-Z content creator. On the other hand, the fact that my wife has to actively buy me footwear so I don't dress like a Boomer brings me right back down to reality. 👴👟

But getting a year older naturally makes you reflect on the passage of time. Which brings me to a vision board I created back in January of 2025. I originally thought it was a flaky, fruitless endeavour to put pen to paper, in this case, pictures to canvas, everything I envisioned my fulfilling life to be. Note, this was made before getting engaged.

I actually made this board the permanent wallpaper on my computer desktop. Katie always jokes that I spend way too much time staring at my laptop, to which I always reply: "I'm not working, I'm just manifesting our life together!" 😂

But in all seriousness, getting older makes you realize that a vision board without execution is just a hallucination.

The 2027 Countdown (Vision vs. Execution)

If you look right in the center of my desktop wallpaper, you will see the year 2027.

That is my anchor.

That is the year I plan to officially reach "traditional" retirement and unlock total time optionality. It doesn't mean I will stop working entirely, but it means the financial accounts will be fully funded, and my physical time will no longer be tied to my income.

As I look at this board now, a year and a half later, it gives me chills to see what has already been crossed off:

• The "MR & MRS" Letters & Glacial Mountains: I married Katie, and we just got back from our honeymoon hiking the glaciers of Patagonia.
• The First-Class Toast & Beach Laptop: We used our credit card points to fly Business Class across Europe (AMS/PRG 2025) and South America, and I ran this exact newsletter from a vineyard in Chile.
• Speaking on Stage: Just yesterday, I had the privilege of speaking at the Wellthy Practice Retreat to an incredible virtual room of practitioners (more on that below)
• The Alarm Clock on Cash: We hit nearly $6,000 in passive side-income last month, actively buying back our Return on Time (ROT).​

We don't buy boring index funds, deal with tenant issues, or set up rigid Reverse Budgets just to hoard cash. We do it so that the pictures on our screens actually become the reality of our daily lives.

What is the target year on your board?

And more importantly, does your current asset allocation reflect that timeline?

Yesterday I had the absolute privilege of speaking and connecting with so many of you at The Wellthy Practice Retreat.

It was an incredible day of diving deep into how we, as healthcare professionals and clinic owners, can seamlessly integrate our health, our business, and our wealth. A massive thank you to Genevieve Zizzo and Sharmila Kulkarni for putting together such a phenomenal event, and to everyone who showed up ready to learn. There is nothing quite like being in a virtual room full of practitioners who are hungry to optimize their time and stop trading every single hour for a paycheck.

Then, to cap off the weekend, I spent this morning grabbing brunch in Toronto with the personal finance crew!

It was awesome catching up with some heavy hitters in the Canadian money space, including Jessica Moorhouse, Jess Morgan, and Martin Dasko. Surrounding yourself with people who actually want to talk about asset allocation and tax efficiency over coffee and eggs is the ultimate cheat code.

Coming off the high of yesterday's retreat and today's brunch, I spent the afternoon catching up on my reading(in between setting up my Claude Terminal on my laptop- exciting things coming). Two major articles crossed my desk this week that perfectly highlight why we need to take control of our own financial education.

Let's dive into the "Advice Gap" and the ultimate tax-shelter debate. 👇

The Advice Gap (Why Women Get Worse Investment Advice)

We talk a lot in this newsletter about the dangers of complex, high-fee financial products. But there is another massive systemic issue in the wealth management industry.

I was reading Joachim Klement's Substack, Klement on Investing, and he highlighted a discouraging (but unsurprising) new piece of research: Women systematically receive lower-quality investment advice than men.

Here is the kicker: Even when men and women present the exact same financial circumstances, the exact same income, and the exact same risk preferences, financial advisors treat them differently. Women are frequently steered toward overly conservative, lower-yield investments based purely on demographic biases rather than their actual financial goals.

In fact, some AI models used in finance are already replicating this bias, recommending less equity exposure simply because a hypothetical investor's profile has "female" checked in the gender box.

Over a 20- or 30-year investing timeline, being improperly placed in overly conservative assets will cost you hundreds of thousands of dollars in missed compound interest. This is exactly why you cannot blindly outsource your financial future. You must know your numbers, understand your actual risk tolerance, and advocate for an asset allocation that builds your estate, not one that fits an outdated stereotype.

The Great Debate (Traditional vs. Roth)

Speaking of maximizing your compound interest, the Wall Street Journal just published a great piece revisiting the classic personal finance debate: Traditional vs. Roth Retirement Accounts.

As high-income healthcare professionals, how we shelter our money from taxes is just as important as what we invest in. Here is the translation for my Canadian readers (Traditional = RRSP, Roth = TFSA):

1. The Traditional Route (401k / RRSP)

• You get a tax deduction today. The money grows tax-deferred, but you pay income tax on everything you withdraw in retirement.
• This is incredibly powerful for high-earning clinicians who are currently in their peak earning years and getting crushed by taxes. You take the tax break now, assuming your tax bracket will be lower when you eventually stop working.

2. The Roth Route (Roth IRA / TFSA)

• You get absolutely no tax break today. You fund it with after-tax money. BUT, the money grows completely tax-free, and you can withdraw it tax-free forever.
• This is the ultimate wealth cheat code. While it hurts to pay the tax upfront, the power of tax-free compounding over decades is staggering. If your investments double or triple over 20 years, the government can't touch a single dime of that growth.

It isn't an "either/or" scenario for most high earners, it's a timeline strategy. You maximize your Traditional accounts to bring down your brutal clinic tax bill today, but you absolutely max out your Roth/TFSA to build a tax-free fortress for tomorrow.

I am going to unplug for the rest of the day, test out my new microphone, and try to figure out how to style these new shoes.

​@financiallyfulfilledpro and Certified Financial Counsellor CFC™

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