Shows
Financially Free Era by SLP WealthNoticed by the IRS? Now What?Getting a letter from the IRS is enough to make anyone's stomach drop. But before you panic, take a breath. Chief tax officer Sim Terwilliger, CFP®, CSLP®, joins us to break down what those notices mean, why they're often less scary than they look, and the exact steps to take if one shows up in your mailbox. You'll learn the most common IRS notices (and the ones that actually need urgent attention), how to make sense of the dense tax jargon, and what to do if you've got unique situations like multiple 1099s or community property rules in...
2025-08-0831 minFinancially Free Era by SLP WealthSo You Have a Taxable Brokerage Account?Got a taxable brokerage account… or thinking about opening one? Then this episode's for you. We're joined by Sim Terwilliger, CFP®, CSLP®, to explore what these accounts are, how they work, and why they can be a smart tool for building long-term wealth. Learn how they compare to IRAs and 401(k)s and when a taxable brokerage account might make the most sense, whether you're saving for early retirement, preparing for a potential student loan tax bomb, or setting aside money for your kid's future education. You'll also learn how to make the most of your account by using stra...
2025-06-1336 min
Financially Free DentistsFrom Patients to Pacifiers: How Dentists Can Prepare for ParenthoodStarting a family is a huge milestone, but how do you make it work financially as a dentist? Whether you're in dental school, working as an associate, or running your own practice, family planning comes with big decisions — both personal and financial. SLP Wealth partner and financial planner Sim Terwilliger, CFP®, CSLP® joins us to break down the real considerations dentists face when growing their families. We'll cover everything from timing your family plans around your career to managing parental leave, childcare costs, and practice ownership. If you're wondering when the right time is to have kids or h...
2025-02-2731 min
Wealthy Mom MD Podcast230: PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim TerwilligerI sit down with Sim Terwilliger, a Certified Financial Planner and student loan expert from Student Loan Planner. She breaks down the latest changes to student loan forgiveness programs, including the recent administration change and the ongoing legal battles surrounding the SAVE plan. Whether you're pursuing Public Service Loan Forgiveness (PSLF) or exploring other forgiveness options, this episode is packed with valuable insights and actionable advice. Sim shares her expertise on how to lower your monthly payments, maximize forgiveness, and prepare for potential tax consequences. Don't miss this opportunity to get clarity on your student l...
2025-01-3036 min
Student Loan PlannerPay Off, Refinance, or Wait It Out? Planning for Post-SAVE DramaWhat's next for student loan borrowers in a world of shifting repayment plans and interest rates? Financial planner Sim Terwilliger, CFP®, CSLP®, joins us to break down the potential repeal of the SAVE plan and how it could reshape repayment strategies. We explore why PAYE or IBR might take center stage, when refinancing could make sense, and why it's always a case-by-case decision. If you're PSLF-eligible or unsure how these changes impact your financial future, this episode has the answers you need. Key moments: (01:51) PAYE might be the go-to repayment plan if SAVE is repealed (an...
2025-01-1727 min
Veterinary Financial PodcastHow Non-Competes Affect Your Veterinary CareerNon-compete agreements are creating waves in the veterinary profession, thanks to the FTC’s recent ruling. Financial planner Sim Terwilliger, CFP®, CSLP®, joins us to discuss how these agreements shape your career, why the AVMA is weighing in, and what the potential ban on non-competes could mean for veterinarians everywhere. You’ll learn which states have already banned non-competes, what alternatives employers might use, and how veterinarians can advocate for contracts that work in their favor.Key moments:(01:14) What’s inside a typical non-compete agreement for veterinarians(06:16) How the AVMA is responding to the FTC’...
2025-01-1621 min
Student Loan PlannerProfits Over Patients: How a CEO's Murder United America on HealthcareThe shocking murder of UnitedHealthcare's CEO is a tragic story that highlights deeper issues within the health insurance industry — wealth, greed, inequality, and power dynamics — and raises important questions about the prioritization of profits over patient care. We're taking a closer look at the broader implications of this event and its ties to the systemic challenges healthcare professionals already know too well. Sim Terwilliger, CFP®, CSLP®, joins us and shares a personal connection to the story. We explore the emotions and frustrations it brings up, especially for those working in a system often criticized for putting profit before people. ...
2024-12-2031 min
Student Loan PlannerAre You On Track to Become a Millionaire? Find out where you stand financially and if you're on track to become a millionaire. Financial experts Meagan McGuire and Sim Terwilliger explain how to evaluate savings strategies, balance debt with investments, and avoid overspending. You'll also learn how understanding opportunity costs can help shape smarter financial decisions. In today's episode: 06:16 Calculate your current standard of living to estimate retirement expenses 16:03 Front-load retirement savings early in your career 21:45 Compare interest rates to prioritize debt repayment or investing 32:36 Use Investor.gov's calculator...
2024-09-1333 min
Student Loan PlannerContingency Plans for Your Student Loan PlanWorried about changes to your student loan payments? It could happen if the Saving on a Valuable Education (SAVE) plan is repealed. Student loan experts Megan McGuire and Sim Terwilliger share how they're advising clients to rethink their repayment approach. In today's episode: 05:24 Parent PLUS loan borrowers need a plan B and plan C 13:44 Fill out a forbearance application to postpone or reduce student loan payments 24:07 Monthly income-driven repayments (IDR) can spike if you don't update your income 31:49 PSLF buyback can give you credit for months that didn't qualify...
2024-09-1042 min
Student Loan Planner5 Wealth Killers in AmericaFrom mounting credit card and auto loan debt to the less obvious pitfalls of inflation and misguided investment choices, Meagan McGuire and Sim Terwilliger unpack the five financial traps they see student loan borrowers falling into. In today's episode: 01:41 Credit card debt, average balances by generation, and the best defense against growing balances 11:02 Car payments, average loan terms, and the pros and cons of buying vs. leasing 23:14 Unchecked consumerism, the lure of rage-baiting, and the dangers of chasing the status quo 33:32 Inflation and why investing is crucial to staying ahead 38:14 Student...
2024-08-3042 min
Student Loan PlannerPSLF on Pause Public Service Loan Forgiveness (PSLF) has been on pause since May while servicing transitions away from MOHELA, causing waves. Student Loan Advisors Sim Terwilliger and Sam Silberstein dissect what these shifts mean for borrowers. Learn the new processes for submitting and tracking PSLF forms through StudentAid.gov, the impacts of administrative forbearance, and the long-term outlook for PSLF. In today's episode: 06:23 How the pause in submissions during May and June affect processing 08:43 When forbearance counts for PSLF forgiveness, and when it doesn't 14:50 Avoid complications by submitting employment...
2024-07-0921 min
Student Loan PlannerRoth IRA Disasters to AvoidRoth IRAs are a highly recommended retirement savings option but it's not all smooth sailing. Student loan repayment, income limitations, and tax filing status can lead you to treacherous waters. Learn the missteps to avoid and how to correct mistakes before they escalate into hefty fines and taxes. Join student loan advisors Meagan McGuire, ChFC®, CSLP®, Sim Terwilliger, CFP®, CSLP®, and Sam Silberstein, CFP®, CSLP®, and explore contribution deadlines, the pro-rata rule, form 8606, the impact of being in a community property state, and how dual-income households should strategize their student loans and retirement savings. If you're tired of cookie-cutter advice...
2024-04-1646 min
Student Loan PlannerMOhela MO ProblemsTo put it bluntly, MOHELA has student loan borrowers jumping through hoops to get things done, and it's been extremely frustrating. Countless delays and mistakes being made, hours of being on hold or even being hung up on by servicers… the list goes on! In this episode, hosts Sim Terwilliger, CFP®, CSLP®, Sam Silberstein, CFP®, CSLP®, and Ben Lacomis, CSLP® join forces to shine some light on everything MOHELA is doing wrong. You'll get tips and tricks to protect yourself from their mistakes. You're not alone in this, folks! Let's talk about what you can do to get the forgive...
2024-03-2632 minWealthy Mom MD Podcast203: Do You Even Need a Financial Planner? With Sim Terwilliger of SLP WealthSim Terwilliger is a Certified Financial Planner and Certified Student Loan Professional with SLP Wealth. She is a passionate advocate for her clients in all stages of their financial life plans. Whether you want to take a sabbatical, figure out when you can retire, or you want to know how much house you can afford, Sim believes these choices are personal, and your financial plan should be too. Discover why, especially as a physician, you need a financial planner on your side. She is discussing how SLP Wealth does things a little differently. We're simplifying t...
2024-03-0733 min
Student Loan PlannerFinancially Undressing: A Talk About Your DebtAre you ready to strip away the layers of your financial life? We're unbuttoning the secrets of debt management and financial planning. We cover everything from the impact of inflated car prices on credit and the potential risks and benefits of home equity lines of credit (HELOCs) to debt management strategies and the potential tax implications of forgiven debt. Senior Student Loan Advisors Sim Terwilliger, CFP®, CSLP®, and Meagan McGuire, ChFC®, CSLP®, share expert insights on debt consolidation, budgeting for recurring expenses, and the significance of prioritizing mental health while working towards financial goals. Get ready to shed some ligh...
2024-02-0653 min
The Power of Peacefulness: Leading with Calm and ClarityStudent Loan Planner With Sim TerwilligerSend us a text Student Loan Repayment Tips for Physicians Sim Terwilliger, a certified financial planner specializing in physicians and their families. The focus of the episode is on common mistakes physicians make when repaying student loans. Segment 1: The Three Most Common Mistakes: Repaying Without Exploring Options: Sim highlights the misconception of the one-size-fits-all approach to repaying student loans. Discusses alternatives like Public Service Loan Forgiveness (PSLF) and income...
2023-11-3012 min
Student Loan PlannerSmart Money Moves for Parents: Understanding FMLA, Retirement, and MoreNavigating the maze of family finances isn't for the faint of heart, especially when student loans are part of your story. Get ready to reshape your financial future with insights tailored specifically for parents. Our expert Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, bring their expertise directly to you, offering practical, actionable advice that goes beyond the basics. This episode is packed with essential knowledge of FMLA, disability benefits, and savvy tax strategies, all designed to elevate your money management skills as a parent. In today's episode, you'll find out: How to n...
2023-11-2135 min
Student Loan PlannerTop Student Loan Questions and AnswersStudent loans have been anything but predictable over the past three years. The changes have raised many questions, but we have the answers! Join top student loan experts Meagan McGuire (Landress), CSLP®, and Sim Terwilliger, CFP®, CSLP®, as they take a deep dive into the questions they're seeing right now. Their combined insight and expertise can help you get the most out of the payment pause, refunds, payment count updates, forgiveness, and changes coming down the line. In today's episode, you'll find out: Does working 70% full-time count for PSLF PSLF changes to expect in July How to...
2022-12-1344 min
Student Loan PlannerThe Backdoor PSLF Waiver and Payment Pause Extension ExplainedWhy the PSLF waiver (that expired last month) isn't really over and the confusing extension to the student loan payment pause are just two recent developments that continue to unfold around student loans. Senior Student Loan Advisors Rob Bertman, CFA, CFP®, and Meagan McGuire (Landress), CSLP®, as well as Student Loan Advisor Sim Terwilliger, CFP®, CSLP®, will walk you through the latest updates that can make or break your student loan repayment plan. In today's episode, you'll find out: Why the PSLF waiver isn't really over The latest extension to the payment freeze What it means to ex...
2022-11-2946 min
Financially Savvy in 20 minutesS6: Student Loan DebtWe got the amazing opportunity to speak with Sim Terwilliger of Student Loan Planner. She shared helpful tips and insights, as well as the emotional challenges you must face when getting your student loan finances in order. This is invaluable information, be sure to listen!
Visit studentloanplanner.com for more information and guidance. Or check out their Instagram
Keep up with Natalie, Vira, Robert, and the Podcast on Instagram. Or Just say Hi!!
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2022-11-1020 minFinancially Savvy in 20 minutesS6: Deuda de préstamo estudiantilEn este episodio, resumimos la conversación que tuvimos con Sim Terwilliger, una consultora de studentloanplanner.com. Escuchen sus consejos e información.
Or check out their Instagram
Keep up with Natalie, Vira, Robert, and the Podcast on Instagram. Or Just say Hi!!
https://www.instagram.com/financiallysavvyin20minutes/
https://www.instagram.com/financiallysavvylatina/
https://www.instagram.com/thesavvytrailer/
https://www.instagram.com/vira_egli/
https://www.instagram.com/robert_delude/
2022-11-1012 min
Student Loan PlannerStudent Loan Deadlines, Forgiveness, and Must-Have Self-Care IdeasStudent loan decision fatigue is real. With so many options, programs changes, temporary waivers, and more, there's a lot of deadlines to keep track of. What should you be paying attention to? What are you eligible for? Where do you even start? Join me, Sim Terwilliger, CFP®, CSLP®, and Meagan Landress, CSLP®, as we review what you should be thinking about right now. We also share how some borrowers are paying it forward and the best self-care ideas to rejuvenate your mind and body. In today's episode, you'll find out: Why you need to create an FSA...
2022-10-0427 min
Student Loan PlannerFertility and Alternative Conception While You Have Student Loan DebtWe like to prepare student loan borrowers for whatever life throws at you. But even the best laid plans can throw a curve ball. Sim Terwilliger, CFP®, CSLP®, and James Mwombela, CFP®, two of our newest student loan advisors, recently found themselves taking one of those unplanned detours: Challenges along the way to having a baby. Join Lauryn Williams, CFP®, CSLP®, as she talks to the team about breaking the all-too-common silence around fertility and related issues since joining, as Sim puts it, "the club that you didn't ask to join." We'll cover the kinds of wealth that money can't...
2022-09-1337 min
Student Loan PlannerHow to Optimize Your Student Loans and Finances Using Case Studies from Real BorrowersOur very own Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, are tackling case studies of real student loan borrowers. They're factoring in student loan balance, income, expenses, and other factors going on in their lives, giving you an inside look at how best to manage specific scenarios. The dynamic duo also answer frequently asked questions to help you better navigate your student loans. In today's episode, you'll find out: What to consider when you or your spouse wants to stay at home The best tax advantages available to nearly every borrower What is a Roth...
2022-08-2342 min
Student Loan PlannerThe Difference Between Financial Planners, Financial Coaches, and Sales RepresentativesStudent Loan Planner's very own Meagan Landress, CSLP®, and Sim Terwilliger, CFP®, CSLP®, sit down to discuss the differences between financial planners, financial coaches, and sales representatives. This is an important conversation that will give you more confidence and clarity when it comes to choosing the right professional to trust with your finances! In today's episode, you'll find out: How planners, coaches, and sales reps overlap, and where their roles differ What to consider when you're being marketed insurance products Why the CFP (Certified Financial Planner) is the gold standard designation to look for How these dif...
2022-08-0941 min
Student Loan PlannerUpdates on the Limited PSLF Waiver and the MOHELA TransferSenior Student Loan Advisor Meagan Landress, CSLP®, and one of our newest Student Loan Advisors, Sim Terwilliger, CFP®, CSLP®, discuss a number of relevant topics to student loan borrowers today. Listen as they answer listener questions from the inbox, technicalities about loan repayment (particularly around recertifying for your existing income-based repayment plan) and info about the Limited PSLF Waiver and consolidating your loans for PSLF. In today's episode, you'll find out: How Aidvantage is asking borrowers to recertify for income-based repayment Know when you'll actually need to recertify (not before March 2023!) How recertifying too soo...
2022-06-2144 min
Student Loan PlannerAfraid of Student Loan Debt? There Are Some Excellent Reasons Not to BeHorror stories about out-of-control college debt are familiar to most of us, but there is a flip side to consider. Shying away from student loans can prove short-sighted, especially if it costs you the ability to focus on studies, network with classmates and pursue career enrichment opportunities. The trick is enlisting the right loans for the right reasons – with a carefully considered plan in place. Learn why our student loan advisor, Sim Terwilliger, has some regrets looking back on how she managed the financing of her long-dreamed-of Ivy League college experience. She and Lauryn Williams, our senior student loan ad...
2022-04-0530 min
Student Loan PlannerIntroducing New Student Loan Planner Consultants James and Sim!Lauryn Williams, CFP®, CSLP®, welcomes Student Loan Planner's newest consultants, Sim Terwilliger, CFP®, CSLP®, and James Mwombela, CFP®. Strap in as we get to know Sim and James. The two share their authentic journeys, what motivated them to enter the financial industry, their serendipitous paths to joining SLP, and what they're looking forward to in this new stage of their professional lives. In today's episode, you'll find out: How James came to join the team at SLP Sim's background and the path that led her to SLP What ignited James to join the personal finan...
2022-03-1531 min