As a physician, what key elements are missing in your plan to get on track and stay on course for financial success?
There’s no denying that physicians have a greater opportunity to earn a great living and build wealth than most people; however, they also face several challenges, such as the initial delay in starting their careers under a mountain of debt. Their ability to earn a high, six-figure income is their most valuable asset, but it must quickly be converted into capital that can be accumulated and preserved if they are to achieve financial independence within a shorter time horizon. Without a comprehensive financial plan to guide them in their financial decision, even high-earning physicians can fall well short of that goal.
