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Physician Contract Review Focus: Exiting a Contract

Don’t let the fine print fool you– Right to Terminate clauses can have a serious impact on a physician’s career.    Consider the following scenario: You move to a new state to begin an exciting new position. While the job sounds great during recruitment, the contract doesn’t include details about call hours, productivity expectations, or ... Read More
 

7 Alternative Jobs for Physicians

Are you burnt out from years of working long hours? Do you want to step away from clinical practice? You’re not alone. Many doctors suffer from burnout. After all, practicing medicine is demanding work. It certainly doesn’t have the best work-life balance of any career out there. A lot of physicians come to a point ... Read More
 

The Physician’s Guide to Backdoor Roth IRAs

It’s never too early to start planning for retirement. As a physician, you endure more years of school and training than folks in almost any other profession. That means that by the time you start working, you’re already behind in terms of retirement savings. So how do you catch up? What’s the best way to ... Read More
 

The Pros and Cons of Paying Off Your Mortgage Early

[vc_row][vc_column width=”2/3″][vc_column_text] Most people dream about the day they finally pay off their mortgage. After years and years of monthly payments, it feels pretty good to sign that last check. So, you’d think that paying off your mortgage early would make sense, right? If you’re a physician with a hefty monthly salary, wouldn’t you want ... Read More
 

It’s Tax Season: How Will the Big Changes Affect Physicians?

[vc_row][vc_column width=”2/3″ css=”.vc_custom_1558557752672{padding-top: 20px !important;}”][vc_column_text]April 17th is right around the corner, and everyone is talking about the new tax laws. Here are the key takeaways to help you understand the changes and maximize your return as a practicing physician. Small businesses are getting bigger breaks with the business income left after you pay yourself a ... Read More
 

How Much Life Insurance Do You Really Need?

[vc_row][vc_column width=”2/3″ css=”.vc_custom_1558557773736{padding-top: 20px !important;}”][vc_column_text]One of the questions we get a lot is “How much life insurance do I need?”  First, here are some considerations: 1 in 5 people wished their spouse or partner had life insurance or more of it. 29% say they would feel the financial impact from the death of a primary ... Read More