Financial Planning for Medical Professionals

A significant part of our time is spent working with Physicians, NP’s, PA’s, pharmacists, & Dentists. Whether you're in training, early on as an attending, or in the midst of your career in medicine, there are unique things to know while building out your financial plan. Medical professionals typically start their financial journey multiple years after their peers and often times have more debt as well. Careers in medicine are extremely busy, and when you finally have time off, one of the last things you typically want to think about is making sure you're doing everything correctly within your financial plan.  We frequently help our current clients navigate new locations, new contracts, new homes, new benefits, tax changes, and student loans. Many medical professionals feel like they're behind because of loans and a delayed career start. So, one question we are frequently asked: "How can I catch up for retirement but also be able to enjoy life today?” If you're asking yourself this same question, we should connect.

medical professional with a stethoscope

Disability Insurance

During med school and residency, you will most likely encounter conversations around disability insurance. This is often a crucial piece of a financial plan for a physician early on in their financial journey. Your ability to practice medicine is your greatest asset and it's important to plan around that.

Student Loans

We provide education and information to help medical professionals determine what would be the best course of action to tackle their student loans. Whether it's refinancing, electing REPAYE/PAYE, PSLF, filing taxes jointly or separately, we help clients understand their options. This is a significant topic especially for those that are recently out of training. 

 

Financial Representatives and Advisors do not render tax advice. Consult with a tax professional for tax advice that is specific to your situation