Physician Retirement Physician salaries

Physician Salaries And Income May Be High, But Their Expenses Are Also High

Physician salaries and income may be high, but their expenses are also high. Physicians’ hyper-specialization into the medical field isolates them from the world of finance and money. This lack of financial understanding is having a huge impact on physician retirement and financial stability. We went to medical school to care for and improve humanity. We sacrificed the majority of our adult lives to help patients,… to help save their lives. We’ve spent so much of our brainpower caring for our patients, we have ignored and stunted our own financial future. We assumed that by doing good for others, we would do well for ourselves. Unfortunately, it’s simply not true. The financial rules have all changed. We have to adapt to this new world, or we’ll die extremely highly educated, but extremely broke.

Are you a physician interested in creating true wealth, but overwhelmed with all the information and don’t know where to start? At Red Pill Kapital, we are physicians just like you. We recognize your time is valuable, and are here to help simplify and streamline the process for you. Our mission is to empower you, as a physician investor, by providing you with a clear and concise map to navigate commercial real estate investments. We do this by leveraging our knowledge and network, to bring you investment opportunities. We partner with experienced sponsors, who have proven track records so you can confidently put your hard-earned money to work. What differentiates us from other investment groups is that we have direct and personal knowledge in commercial real estate development and management, having personally been in the construction industry before starting medical school. We have true hands-on experience of real estate construction, development, finance, and tenant, toilets and termites. We currently directly own several hundred units of multifamily and over 2 million square feet of commercial space. We have also joint ventured into real estate syndications, of close to a thousand units of multifamily.

How Do You Get Started? Just Follow These Four Easy Steps.
Step 1:

Sign up. Visit us at, and sign up under the Contact tab. Fill out our investor questionnaire so we can better understand your investment philosophy and goals.

Step 2:

We will then connect with you personally, so we thoroughly understand your goals and desires, and make certain they align with our processes and capacity. We want to assure ourselves and you, that you are an accredited investor with similarly aligned goals.

Step 3:

If we are synergistic in our goals, we will advise you of potential investment opportunities as they arise. Keep in mind that we reject over 99% of the opportunities we evaluate, literally pursuing 1 out of roughly 150 transactions.

Step 4:

Once you review the available opportunity, and if it meets your needs, you confirm your interest in investing alongside us. The deal sponsor will then contact you directly with the legal documentation.

Each deal is unique, but usually closes two to four weeks after funding is complete. Approximately six months after closing, investors will begin to receive regular updates on their investment, including a K-1 tax form annually. Distributions to the investors typically occur on a monthly or quarterly basis. As a passive investor, you are not the landlord. Instead, you’re a fractional owner in the property; meaning you can take advantage of the benefits of investing, but leave the tenants, toilets and termites to the deal sponsors.

If you have any questions, please email me directly at and that’s capital with a K.

Red Pill Kapital is a physician-owned commercial real estate investment, and education company.

It allows you to invest passively alongside us. We find the property. We find the investment group. We create and validate the plan. We figure out how to improve the cash flow. We negotiate the deal. We manage and oversight the asset. Your passive investment provides you with an opportunity to earn an income, without the 9:00 to 9:00, because physicians never work 9:00 to 5:00. We create a unique business strategy that fits your financial investment goals, because we understand the specific needs of physician professionals.

If you simply need more information. have questions, or want to discuss a specific deal, I’m always excited to help. Reach out to me at

If you are ready to start your journey to financial freedom but want specific additional educational materials, we have a course designed for physicians.

Physician salaries Property Investors

Why The US Could Be Headed For A “Richcession” In 2023

Economic downturns typically affect everyone irrespective of class, but the poor almost always bear the brunt of recessions. To the wealthy, a recession is nothing but an inconvenience. Not this time round.

Research by financial experts suggests that the next recession predicted to occur in 2023 will likely hurt the rich more than any other economic class. With that in mind, it’s easy to see why they’ve dubbed the 2023 downturn the ‘richcession.’ That is, of course, assuming there will be a recession in the first place.

But, what are the odds an economic downturn will occur in 2023, triggering a richcession? Using the ABC model, the Federal Reserve predicts a 35% chance of a recession in 2023 if there is a tightening of the policy gap. The unconditional estimate is a mere 16%, although a more restrictive policy gap results in a 60% chance of a recession marked by a rapid decline of inflation under the baseline.

Additionally, Lahart argues that the wealth of households in the lower classes grew more throughout the pandemic than those at the top. That could increase the chances of richcession due to the decreased wealth growth among the wealthy caused by a decline in the stock market and a comparatively modest paycheck rise.

What Is Richcession?

A richcession is a sub-branch of a recession, a widespread and prolonged economic downturn that occurs when a country typically experiences decreased economic activity, rising levels of unemployment, and a fall in the nation’s gross domestic product.

In most instances of a recession, the most hard-hit classes are the poor and lower-middle class members. However, this is not always the case. Sometimes recessions affect the rich the most, an isolated circumstance industry insiders refer to as a richcession.

While the US may not be experiencing a recession, the evidence seems to point to one in the near future. A recent Bloomberg survey suggests a 70% chance of a recession in 2023.

Factors like high-interest rates and inflation have fueled the chances of a recession in 2023. Unlike other instances when the US experienced a recession, experts speculate that the 2023 recession will likely affect the rich more than the poor, hence a richcession.

Signs Of A Richcession In 2023

Several factors suggest why there is a strong likelihood of a richcession occurring in 2023:

The Decline In The Net Worth Gap

For the first time in decades, the economic inequality in America has improved. Before the pandemic, the lower 50% were collectively worth $2 trillion. By the end of Q3 2022, that figure had more than doubled to $4.5 trillion.

That is in stark contrast to the fortunes of the high earners. Research shows that individuals between the 50th and 90th percentile’s share of the total net worth dropped from 30.1% before the pandemic to 28.7% by the end of Q3 2022.

As for earnings, the Federal Reserve Bank of Atlanta data shows that workers in the bottom quartile received a 7.4% increase in monthly wage over the same period in November 2021. That measures favorably against workers in the top quartile, who only received a 4.8% increase using the same parameters.

The fall in income for the well-off is significantly attributable to the dip in the stock market. Conversely, the lower 50% can link their fortunes to the government’s COVID-19 relief initiative and the strong labor market.

Changes In The Labor Market

Although unemployment reached an all-time high of 14.7% in April 2020, December 2022 data shows it edged down to 3.5%, well below the long-term unemployment average of 5.73%. Moreover, data from the Bureau of Labor Statistics (BLS) show that job openings still outnumber that of unemployed workers.

The other end of the scale shows that high-income earners felt the brunt of the economic slide, with white-collar workers at the center of recent layoffs. The news is full of stories of big tech companies such as Amazon, Meta, and Twitter letting go of high-profile workers, most of who were earning more than $200,000.

Effects That Richcession Will Have On The Wealthy Class

A richcession could impact the well-offs in the following ways:

Termination Of White-Collar Jobs

The richcession will mainly compromise high-income earners. For instance, Salesforce plans to let go of about 10% of its workforce, about 8,000 workers, in the coming weeks of January 2023. They are doing so to reduce expenses due to concerns about the downturn.

That comes hot on the heels of Meta laying off 11,000 workers, Amazon 10,000, and Twitter 7,500 employees. Vimeo also announced in January 2023 that it plans to lay off 11% of its workers following a similar exercise in July 2022.

Plummeting Stock Market

Investing in the stock market is beneficial, but not in the current climate. The looming fear of a recession is negatively affecting the stock market. A continual fall in stock prices will eventually lead to one thing—plummeting net worths.

Businesses That Target The Well-Off In Trouble

2023 might not be a great year for businesses that target the affluent, as that market segment is likely to run into economic headwinds. White-collar jobs are at risk, the stock market is taking a pummeling, the real estate market is cooling, and the economy is on shaky grounds. That will only spur the affluent to tighten their purse strings.

Those that rely on the lower 50% could be on better footing as the jobs market seems to favor lower-level workers. Even if there is a recession, experts expect the jobs market to remain relatively unscathed and wages to remain stable.

How To Prepare For The Richcession

It’s prudent always to have a backup plan in case the richcession hits. You could use these strategies to help minimize the impact of a richcession:

  • Build an emergency fund and always budget: It’s good practice to have some money put aside, no matter the state of the economy. That will come in handy when there is a financial emergency like a richcession. An excellent target is to have an emergency fund that should sustain you for at least six months.
  • Pay off your high-interest debts first: Such as debt from your credit cards. That should free you from punitive debts and give you enough time to build your cash reserves, enabling you to engage in meaningful investments.

Final Word

If 2023 is to experience a recession, it will likely be a recession. It is a highly unusual downturn that affects the affluent disproportionately to the other economic classes.

Already the signs point to a recession. The stock market dip is affecting the rich, more companies are cutting white-collar jobs than blue-collar jobs, and the lower-income earners have received higher income increases than their well-off compatriots.

Investing in real estate is no longer a secret kept for the nation’s ultra-wealthy! People like you are participating in the action and taking advantage of the numerous benefits of real estate investment.

While the commercial real estate sector is going through a transition, we’re keeping our eyes on what’s important: solid fundamentals. When you’re allocating your hard-earned funds, think long-term and keep it all in perspective. When you are ready to reap the rewards of real estate investing let’s talk.

By Gurpreet Singh Padda, MD, MBA

If you simply need more information. have questions, or want to discuss a specific deal, I’m always excited to help. Reach out to me at

If you are ready to start your journey to financial freedom but want specific additional educational materials, we have a course designed for physicians.