Financial Planning for Medical & Dental Professionals

A significant part of our time is spent working with Physicians, Dentists, NP’s, PA’s, and pharmacists. If you are in one of those professions; you probably already know you face unique financial decisions that most other people don't have to consider.  Professionals like yourself typically start their financial journey multiple years after their peers and often times have more debt as well. One of the hardest things you face is trying to prioritize financial goals. Buying a house, paying down debt, buying into a practice, lowering taxes, saving for retirement, and maybe starting a family. 

We frequently help clients navigate new locations, new contracts, new home purchases, 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, let's connect. 

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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. 

It is even more important that your disability coverage actually covers what you're trained to do. Your disability policy should be specific to your occupation and your specific duties. 

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.