Archive For: Financial Planning

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

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 salary. Affecting self-employed physicians, ... Read More

What Your Kids Can Learn About Financial Health from You

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. “A firefighter!” “A rock star!”  “A squirrel!” One timeless profession that has proven to be a top choice for kids decade after decade, however, is that of the doctor. ... Read More

Pros & Cons of Investing in an IRA

Is an IRA good for your situation? For those who don’t know what an IRA is, it stands for an individual retirement account. They are a popular place to save for retirement because they are flexible from the standpoint of what you can invest in. For example you can choose mutual funds, ETFs, index funds, ... Read More

What’s The Deal With Taxes?

Feel like you’re paying too much for taxes? You are not alone. “No new taxes!”. Those were the words of George Bush Sr. when he was running for president in 1988. Similar messages are communicated and thought of not only during election years, but this sentiment resonates in the minds of most who are trying ... Read More

Why Do You Need a Financial Planner?

So, do you actually need a financial planner? We all have things we want to accomplish in life. If you’re like most, you’ve spent some time thinking about these things. Initially, it’s as simple as deciding on what area of medicine you want to practice. Beyond that, it usually consists of putting together a more ... Read More