3 Tips for Picking Disability Insurance

Traditionally, they design an individual disability insurance policy to pay out benefits to replace lost income if a physician becomes too sick or injured to work in their specialty. When determining their ideal benefit amount, many physicians only consider their most basic living expenses, such as bills, rent, and groceries. While it is essential that … Read more

Retirement Plan Options

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Our constant approach to serving physicians is education. In light of this approach, Physicians Thrive wanted to share some information regarding all the options for managing retirement plans from former employers. Keep the Old 401K or Rollover into your New Employer’s Plan Each 401k provider has a “menu of investments” that participants can choose from. … Read more

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

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April 17th is right around the corner, and everyone is talking about the new tax laws. Therefore, here are the key takeaways to help you understand the changes and maximize your return as a practicing physician. Changes First, small businesses are getting bigger breaks with the business income left after you pay yourself a salary. … Read more

How Much Life Insurance Do You Need?

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Anyone with a family to protect understands the critical role life insurance plays in their financial plan – but how much? In determining the actual amount of coverage to provide essential protection needs, many people tend to adhere to simplistic rules-of-thumb, such as a “multiple of income,” which may leave them wondering if they own … Read more

End-of-Year Planning: Your Financial Checklist!

Financial Checklist Our goal is to help you make confident financial choices every day and – ultimately – help you thrive. Ready to get organized for the New Year? We can help make sure everything is in order. Here’s a handy checklist to ensure you’re thinking about everything you should be with a new year … Read more

Your Annual Reminder: Review Your Accounts!

Annual Reminder It’s the end of the year which means it’s time for an annual reminder. Moreover, as things slow down and you have more time to reflect on what’s important, don’t forget to review your accounts and policies to make sure everything is in order. Here are some things to consider as the year … Read more

What Your Kids Can Learn About Financial Commitment & Health from You

Financial Commitment & Health Ask any 4-year-old what they want to be when they grow up, and you’ll get a hodgepodge of answers ranging from the adorable to the extreme. Usually they aren’t thinking of financial commitment. “A firefighter!” “A rock star!”  “A squirrel!” One timeless profession that has proven to be a top choice … Read more

The Doctor’s Life Podcast 045- It’s Not Your Daddy’s Financial Planning

The Game Has Changed With New Financial Planning Technology

When you think of financial planning, you may think of endless paperwork and hand cramps just to get started. That has all changed. You could say that it’s not your dad’s financial plan any longer.
Nick Schneider is back on The Doctor’s Life Podcast to talk about technology in the financial planning world, and how it has made it easier for all involved. All episodes of The Doctor’s Life Podcast are available on iTunes, and Android. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast.

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