Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time What July 1 actually changes for your student loans (and what it doesn't) July 1 is turning into an important line in the sand for federal student loans. A lot is changing on that date, and some of it is on a clock. So I want to walk through what's actually happening, and just as important, what isn't. Let's take it in pieces. SAVE Is Ending — You Get 90 Days If you've been sitting in the...
about 1 month ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Are Your Retirement Savings Protected from Lawsuits? You have liability exposure as an optometrist. Unfortunately, it's a part of the gig - you can be personally sued for your professional work. If you own a practice, you have business liability on top of that. And then there’s all the everyday personal stuff — car accidents, someone getting hurt on your property, you name it. So, here's a...
about 1 month ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time SpaceX just went public. Should you buy in? This morning, SpaceX went public, with potentially the largest IPO in history - an expected total value of around $1.8 trillion. Trillion, with a "T". Wow. OpenAI and Anthropic, the companies behind ChatGPT and Claude, have both announced plans to follow later this year at valuations near $1 trillion each. Space exploration 🚀 and AI 🤖. Rockets and...
about 1 month ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Should All-Time Highs Make You Nervous? Good morning! The stock market has been bumping up against all-time highs again lately, and we've seen several new highs so far this year. And like clockwork, that brings the questions: Should I be worried? Is a crash coming? I've got cash to invest - should I really be buying at the top? It's a completely natural reaction. But here's the short version:...
about 2 months ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time The Retirement Math That Makes a Practice Sale Work Most optometrists spend close to two decades building a practice and just months trying to plan the sale. The outcomes tend to reflect that imbalance. Owners walk away from what looked like a clean deal and find the retirement plan ends up short once taxes settle out. Or their practice simply wasn't sale ready. I've been thinking about the...
3 months ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time What a Buyer Sees When They Look at Your Practice You've spent years building your practice. You know what it means to you - the patients, the impact, the team, the income it's provided, the life it's funded. At some point in your life, it's going to be time to step back from ownership and pass the baton to the next owner(s) - everyone exits their business at some point. When a buyer looks at...
3 months ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Stop Scrambling at Tax Time: A Simple System for Quarterly Tax Payments Tax day just passed. And for ODs and practice owners, there's a decent chance this week involved some combination of stress, surprise, or scrambling for cash. It doesn't have to be that way. The fix isn't complicated - it's having a system. How ODs Pay Taxes Through the Year The U.S. tax system is pay-as-you-go. You're...
3 months ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Two Tax Decisions That Could Save Your Thousands in Student Loan Payments Happy Monday! As we head toward the April tax filing deadline, I want to talk about something that doesn't get enough attention: your tax return is one of the most powerful tools you have for student loan planning. If you're using income-driven repayment plans toward forgiveness, income is the biggest lever you have to...
4 months ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Tax-Smart Investing: How Optometrists Can Maximize After-Tax Wealth Two optometrists invest nearly the same way. Same amount of stocks and bonds. Same risk level. Roughly the same pre-tax returns over their careers. Yet one ends up with more wealth to spend in retirement. What's the difference? In this case - taxes. The investments you own and the accounts you hold them in can have a massive...
6 months ago • 3 min read