In so many ways, television and movies can be unrealistic. Some things fly under the radar most of the time! In this episode of Financial Clarity for Doctors, hosts Rachelle Vanderzanden and Corey Janoff walk through some examples of shows with characters living inflated lives. Does it make sense given their profession and age? Probably not. They often have nicer homes and nicer things and a lot more free time than their counterparts in real life.

Shows featuring medical professionals living inflated lifestyles include:

Shrinking is a great example! Jimmy is a Cognitive Behavioral Therapist in Southern California in a beautiful home and he barely seems to work. How?
Shows featuring trainees seem to do a better job (sometimes). The Pitt, Grey’s Anatomy, ER – all seemed to discuss at one point or other the struggle to make ends meet as an Intern, Resident, or Fellow.
Many classic sitcoms feature regular people with a variety of jobs in absolutely gorgeous homes in California. Modern Family and Full House are great examples. Or a rent-controlled apartment in New York!

“Keeping up with the Jones” is hard enough. Do not try to keep up with their counterparts on television! You never know the resources people may have, but lifestyle and income alone rarely match up on screen.

For more financial planning tips from Corey and Rachelle, find them on social media!
LinkedIn: @CoreyJanoff; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP

Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC. Finity Group, LLC is a separate entity from LPL Financial.

Citations:

Redfin and Zillow were used to find comparables for houses in specific areas.