C/C: Altered Financial Status HPI: A 27 year-old EM intern presents to the hospital for orientation. He has $200,000 in student loans. While at orientation, he learned about the many benefits offered by his employer. They include a 403(b) retirement plan, health/dental care, and a subsidized gym membership. He has no idea what a 403(b) … Continue reading 403(b)s and 401(k)s – The marathon from residency to retirement.
More Delayed Gratification…Retirement Accounts! Physicians know delayed gratification. As a student, resident, and attending you say “no” to many weddings, birthdays, family get-togethers, and weekend events. Your mental fortitude is a well-developed muscle. Similar to your medical career, financial planning requires a disciplined approach. Today, we are going to discuss IRAs. First, a personal note, … Continue reading IRAs and Delayed Gratification
Welcome back to part 2 of our discussion on Personal Finance for Physicians. 5 Tips for Financial Success We’ll start with tips I learned from reading the White Coat Investor and speaking to attending physicians. Live like a resident for 2-5 years after graduation. Let’s say that you come out of residency at age 35 … Continue reading 5 Tips for Financial Success
Nothing Sexier than Personal Finance