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So Money with Farnoosh Torabi

1381: What Death Teaches Us About the Secrets to Financial Freedom

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 11 July 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

Guest Jordan Grumet, hospice doctor and financial expert shares his many conversations with people who were approaching the end of their lives, their regrets, brights spots and fears. What do they really wish they'd done with their money? Jordan is the author of Taking Stock: A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life. It will be released in August. More about Jordan: His interest in becoming a doctor was ignited when his father, an oncologist, died unexpectedly in the prime of life. This profound loss not only inspired him to practice medicine, it has given him a unique perspective as a financial expert, challenging him to think deeply and critically about concepts like wealth, abundance, and financial independence. After graduating from the University of Michigan, Jordan received his medical degree from Northwestern University. He currently is an associate medical director at Journeycare Hospice. After years of blogging about financial independence and wellness, Jordan launched the Earn & Invest podcast in 2018. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So money is brought to you by CNET, the site that shows how to navigate change all around us.

0:30.7

So money episode 1381, Jordan Gromit, author of Taking Stock, a hospice doctor's advice on

0:44.1

financial independence, building wealth, and living a regret-free life.

0:50.3

You're listening to So Money, with award-winning money guru Farneesh Karabi.

0:54.8

Each day, in a 30-minute dose of financial inspiration from the world's top business minds,

1:00.0

authors, influencers, and from Farneesh herself. Looking for ways to save on gas or double your

1:06.8

double coupons? Sorry, you're in the wrong place. Seeking profound ways to live a richer,

1:12.2

happier life. Welcome to So Money. I think we have to realize that we are dying from the day we are

1:20.3

born. We only go through the actual death process once, but time passes and we have a million deaths

1:29.9

and reburs in any given day. I think we have to stop looking at it as something I put off thinking

1:37.4

about, something that I do anything I can to avoid so that I don't have to consider this scary

1:44.5

issue of death. I think we have to invite it into our life now and realize that time is finite

1:49.7

and realize that it's okay to decide to do things now to not put them off and to be in the moment.

1:57.0

Welcome to So Money, everybody. I'm Farneesh Karabi. We are in conversation today with Jordan

2:02.5

Gromit. As a hospice doctor, Jordan's been a part of hundreds or maybe even thousands of people's

2:07.9

dying process. He hears many of their biggest regrets, fears, and more important bright spots in

2:13.3

their lives, moments before they take their final breath. And so our conversation today is about

2:19.0

money in the context of dying and what it really means at the end of the day to live a fulfilling

2:26.8

rich life. Jordan is also a financial blogger. He's also the host of the Earn and Invest

2:32.7

Podcast, which won the Plutus Award for Best New Personal Finance Podcast. His interest in becoming

2:38.4

a doctor was sparked when his father and oncologist died unexpectedly in the prime of his life.

2:44.8

It was a profound loss that not only inspired him to practice medicine but gave Jordan a unique

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