MoneyRx for CRNAs and NPs
Go behind the scenes with host Brett Fellows, CFP®, as he explores the unique opportunities and challenges facing Certified Registered Nurse Anesthetists and Nurse Practitioners along the path to financial independence. In each episode, Brett shares expert financial insights and actionable advice to help you lower taxes, invest smarter, and retire on your terms.
MoneyRx for CRNAs and NPs
New Year, New Financial Strategy: 5 Money Moves Advanced Practice Nurses Should Make in 2026
If you're a nurse around age 50 thinking you can do this for about 10 more years, then this episode is for you. Burnout from nursing changes the game. When you're tired, you don't want more complexity in your life. You want a plan that creates options.
Today, we're talking about five money moves to make in 2026. Not theory, not vague motivation, but real moves that you can implement. Each of these moves is designed for someone who is already responsible and a saver, but feels like the finish line keeps moving away from them.
Brett explores:
- The "qualified rich, cash poor" trap and why maxing out retirement accounts can accidentally limit your flexibility
- How to use a "match first, then flexibility funding" strategy to build options before age 59.5
- Why Social Security isn't just a check but longevity insurance, and how to model your claiming strategy
- The five year paycheck buffer framework that protects you from sequence of returns risk
- Asset location strategies that give you the same risk with better tax efficiency
- How to win the tax game during your gap years with Roth conversions and capital gains harvesting
By the end of this episode, you'll have a roadmap for making work optional in the next 10 years without being too afraid to spend what you've saved.
#CRNAs #RetirementPlanning #FinancialFreedom #TaxPlanning #MoneyRX
Key Timestamps:
(0:37) Welcome to Money RX for CRNAs and NPs
(2:35) Move 1: Avoiding the "Qualified Rich, Cash Poor" trap
(4:40) The Flexibility Funding Plan: Building a second bucket
(7:10) Move 2: Strategic Social Security planning beyond the "vibe"
(9:20) Estimating benefits at age 62, FRA, and 70
(10:19) Move 3: Building your retirement paycheck first
(11:15) The five-year paycheck buffer framework
(14:25) Move 4: Using asset location for better tax efficiency
(18:05) Move 5: Winning the tax game in your "gap years"
(19:30) Selective Roth conversions and ACA healthcare planning
For more information and resources related to this episode, please visit the show notes.