Aug. 24, 2022

A Hospice Doctor’s Advice on Making the Most of Your Finances, Relationships and Time

Apple Podcasts podcast player badge
Spotify podcast player badge
Overcast podcast player badge
YouTube Channel podcast player badge
PocketCasts podcast player badge
Google Podcasts podcast player badge

#74: Hospice doctor and author Jordan Grumet, joins Chris to discuss making the most of your finances, relationships, and time. They talk about some of the biggest regrets people have at the end of their life, the money mind meld, how to broach difficult conversations with family members in a non-confrontational way, and why time perception work might be more useful than productivity hacks.

Jordan Grumet, MD (@jordangrumet) is an associate medical director at Journeycare Hospice. He is also the host of the award-winning Earn & Investpodcast. His new book is Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life.


Partner Deals 

MasterClass: Learn from the world's best with 15% off

Inside Tracker: 20% off personalized wellness & nutrition plans backed by science

Trustworthy: 20% off The Family Operating System®

Daffy: Free $25 to give to the charity of your choice


Selected Links From The Episode

Connect with Jordan Grumet: Website | Podcast

Jordan’s Book:

Podcasts Mentioned:

Resources Mentioned: 


Full Show Notes

Jordan shares what he’s learned while conducting life reviews with hospice patients [1:48]

Living regret-free and learning to live intentionally with purpose and meaning [5:19]

The importance of viewing money as a tool and thinking about purpose, identity, and connections [10:31]

The story of the three brothers: different pathways toward financial independence  [16:11]

Putting purpose and identity exercises into practice [19:50]

Addressing the money mind meld [27:56]

Reassessing the “RE” part of the FIRE movement [31:34]

Tools, beyond money, that helps us live a more purposeful and meaningful life [35:09]

Building a stable financial plan through multiple revenue streams [38:25]  

Hacks to build the saving and frugality mindset into your daily life [43:41]

Leaving a positive impact after you pass away by using financial legacy and/or medical legacy documents and ways to broach conversations in a non-confrontational way [49:25]

Simple things that are commonly missed while legacy planning [58:09]

Exploring the “one more year” and the “what if” syndromes [59:32]

Thinking about time perception in a well-rounded life [1:02:23]

Routines and strategies to optimize your time [1:06:30] 

Learning to let others set the pace [1:09:47]

The importance of modeling the behavior you want to see [1:11:18]

Teaching money management and budgeting with the yearly allowance technique [1:13:33]

Jordan’s family-bonding travel recommendation [1:16:02]

Where to find Jordan Grumet online [1:18:21]




With MasterClass, you can learn from the world’s best minds - anytime, anywhere, and at your own pace. With over 100 classes from a range of world-class instructors like Steph Curry, Richard Branson and Martin Scorsese, that thing you’ve always wanted to do is way closer than you think. When I signed up a few years ago, I jumped straight into an amazing cooking class by Thomas Keller that has totally leveled up my skills in the kitchen. I also really enjoyed FBI Hostage Negotiator, Chris Voss' class on the art of negotiation. 

With every class I've taken I'm blown away by the depth of knowledge the instructors have and the quality of the experience. I highly recommend you check it out. Get unlimited access to every MasterClass and 15% off an annual membership at



InsideTracker provides a personalized plan to improve your metabolism, reduce stress, improve sleep, and optimize your health for the long haul. It's created by leading scientists in aging, genetics, and biometrics. They analyze your blood, DNA, and fitness tracking data to identify where you’re optimized—and where you’re not. With InsideTracker you’ll get a daily Action Plan with personalized guidance on the right exercise, nutrition, and supplementation for your body.

For a limited time, you can get 20% off at



Trustworthy is a secure online service that helps modern families protect, organize, and optimize their important information — ID’s, Money, Property, Passwords, Insurance, Taxes, Legal, Emergency Instructions and the Family Archive. Trustworthy gives you a system of record for all your family information and lets you share it with loved ones, collaborate with trusted professionals like your accountant or wealth advisor and helps you keep everything up to date and on track so you never have to pay a late fee or penalty again.

So if you want to set up your Family Operating System and be prepared for all of life's moments you can get 20% off and a free 14-day trial at



Daffy is a not-for-profit community built around a new modern way to give, with a mission to help people be more generous, more often. Daffy makes it so much easier to put money aside for charity. You can make your tax deductible contributions all at once. Or you can set aside a little each week or month. Then anytime in the future, you can give to more than one and a half million charities, schools, and faith-based organizations in a matter of seconds. 

So you can separate the decision to give (and get your tax deduction) from deciding exactly which organization you want to support and when. My favorite part is that you can invest your contributions to your Daffy account so they can grow tax-free to let you have even more impact in the future. To start giving today and get your free $25 to give to the charity of your choice, go to


Connect with All the Hacks

All the Hacks: Newsletter | Website | Facebook | Email

Chris Hutchins: Twitter | Instagram | Website | LinkedIn


The content on this page is accurate as of the posting date; however, some of our partner offers may have expired.

Editor’s Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.