Ndubuisi Egwim shows how taxes shrink your returns: £100,000 gross becomes £76,000 net, and the gap widens over time with reinvestment. He teaches this to doctors and dentists through masterclasses that have reached 1,000 medical professionals.
£76,000
About 1,000 doctors
About 30 people every six months
427
Remember, when you invest in your eyes or your pension, you're not often checking what is happening yearly. You're checking what happens at the end. Okay, all right, but the example, the key takeaway from there, that someone at that point who wasn't paying tax is going to take home 100k. You're going to take home 76,000 pounds. Now guess what? Choma now has another 100,000 to invest, but you now have only 76,000. Replay this a few more times and you see why the difference will be so wide. So I was talking about context. The tax context is really important. So that's what makes this different. I'm telling you from a practical approach we've now had, I think this is about a thousand doctors have passed through our master classes. We've got a community of doctors, money wise doctor community and I've got a mastermind. I usually take only 30 every, every six months. Currently there are 427 doctors on the waiting list, doctors and dentists. So just to give you a bit of context, it's practical.
