#31: Jordan Grumet
The BetterLife Podcast: Wealth | Real Estate Investing | Life
Brandon Turner and Cam Cathcart
4.8 • 767 Ratings
🗓️ 9 October 2023
⏱️ 82 minutes
🧾️ Download transcript
Summary
Jordan "Doc G" Grumet is a hospice doctor, blogger, podcaster and author who has dedicated his life to pursuing deep conversations about money and life.
In this episode, Jordan shares what he's learned from his conversations with dying patients as they look back on their lives; why he found it so difficulty to shed his "doctor" identity and embrace his true passion; and his thoughts on the FIRE movement, happiness, and how to find meaning in your career and relationships.
Jordan also talks about:
- How his father's death led him to a career in medicine, and what pushed him away from that field
- The various ways his patients handle the prospect of dying
- The biggest regrets of the dying
- The problem with the idea that once you save a certain sum of money, you'll be happy
- How to determine how much "YOLO money" to set aside
- Why version 1.0 of the FIRE movement is "too austere"
- Why you might not need as much money as you think in order to start living the life you were meant to live
- Why real estate is the fastest, most secure route to millionaire status
- The best piece of advice he's gotten and why he thinks about it every time he's doing something hard
- The habits, books and advice that have helped Jordan lead a better life
Jordan's charitable cause:
Give a Mile, a nonprofit that collects airline reward mile donations and offers flights to connect people in palliative or critical care with their loved ones
Connect with Jordan:
- Buy his book, Taking Stock
- Doc G Blog: DiverseFI
- TikTok
Transcript
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| 0:00.0 | It's so easy to get caught up in the numbers and making a living that we forget that the idea behind making money is that it is a tool to realize our deeper goals. |
| 0:12.0 | But most people never think about that. On the other hand, the dying are all about their deeper goals. |
| 0:18.0 | Did they accomplish them? Did they spend their time appropriately to |
| 0:22.9 | reach those goals? Welcome to A Better Life with Brandon Turner. That is me, where world-class |
| 0:31.6 | guests share their wisdom on building a better life. Join me as we explore the habits, the actions, |
| 0:36.4 | and the beliefs that have guided their journey |
| 0:38.1 | with the aim of helping you apply those lessons to your own. |
| 0:59.0 | Jordan Grummet, aka Doc G. I'm excited to have you here, man. |
| 1:00.5 | I know you, and the world knows you, as a medical doctor, current medical doctor, worked in hospice or work in hospice care. |
| 1:09.0 | But I was going to hear a successful, really successful personal finance blogger, |
| 1:12.6 | podcaster, award-winning podcaster, a show called Earn and Invest, |
| 1:16.3 | and your author of actually a phenomenal book I just got finished reading this morning |
| 1:19.8 | in preparation for this, but I loved every page of it called Taking Stock, |
| 1:23.5 | a Hospice Doctor's Advice on Financial Independence, Building Wealth, |
| 1:25.9 | and Living a Regret Free Life. That's how I financial independence, building wealth, and living a regret-free life. |
| 1:28.2 | That's how I know you, Mr. Doc G. |
| 1:31.7 | Mr. Doc G. |
| 1:33.2 | That works. |
| 1:34.5 | That works. |
| 1:34.5 | Okay. |
| 1:35.4 | But take me back earlier. |
| 1:37.2 | Who was Doc G before you were Doc G? |
... |
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