This is a YouTube video titled "Rural Doc Gets Back to Broke #doctor #wealth" containing an English conversation between two speakers, one a rural critical access general surgeon and Army National Guard major, discussing his financial milestone of being "back to broke" after net worth calculations, including details about his assets and liabilities. The content was created in January 2025.
I'm a rural critical access general surgeon in the Midwest. I'm just over two years out of training. My other main job is as a major in the Army National Guard.
Very cool. Thank you for your service. Tell us about the milestone we're celebrating today, what you just accomplished.
I was doing my end of the year net worth calculations and found that excluding my home equity, I'm now back to broke.
Awesome. Congratulations. Let's break down the numbers. Let's talk about your assets. What are your assets right now?
My 401k from residency and 403 around 125,000. My wife and I both have Roth IRAs combined about 65. We have a taxable account with 60,000 or so and 529s for our kids, about 45,000, so totaling just under 300,000 in equities. High yield savings accounts about 120, 150,000 or so. I do have a $675,000 mortgage still. I still have $460,000 in student loans.
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