Hosted by Dr. Mike Woo-Ming
AirDate: June 18, 2025
Dr. Mike Woo-Ming interviews Enpo Tu to discuss how physicians can avoid common financial missteps while building long-term wealth. Enpo explains the challenges physicians face around health insurance, tax planning, business structures, and financial advising, and how My Financial Coach provides unbiased, subscription-based financial planning without commissions or product sales.
Together, they cover how to set up your business with an exit strategy in mind, when and why to create an LLC or S-corp, and how to vet whether your CPA is providing real value. Enpo also shares how My Financial Coach acts as “primary care for your finances,” identifying early warning signs and coordinating with vetted experts across legal, tax, and investment disciplines.
Start with the end in mind: Are you building to sell, building a legacy, or creating a personal income engine?
Check whether you’re taking only the standard deduction—if so, ask what your CPA is really doing for you.
Focus on optimizing your taxes now for guaranteed returns, rather than worrying about what the markets or government may do.