The Rules of Retirement: What Is Die with Zero?

April 3, 2026 by Justin Nabity

Die with zero rethinks retirement planning for physicians by aligning money with life stages, flexibility, and experiences rather than unused wealth.

5 Exceptions to the 59 1/2 Rule: Guide to Early IRA Withdrawals

November 18, 2024August 9, 2024 by Justin Nabity

While your individual retirement account (IRA) is designed to support you in your golden years, life’s unpredictability may necessitate accessing your retirement funds earlier than planned. Typically, early withdrawals from IRAs incur a hefty 10% penalty, but there are a few exceptions to this rule that can provide some financial flexibility in times of need … Read more

How to Report Form 8606 Backdoor Roth IRA

November 18, 2024July 20, 2024 by Justin Nabity

A Roth account is a popular option for IRA contributors, mainly because of its tax benefits. While account holders save towards retirement, they also get to enjoy tax-free growth and withdrawals upon retiring. Yet, a Roth IRA account can be limiting for most high-income earners such as physicians, due to the IRS income limit. Based … Read more

Is Kaiser Pension Worth It? What Physicians Should Know

November 18, 2024July 11, 2024 by Justin Nabity

With the unique challenges that you face as a physician, from hefty student loan debt to complex compensation structures, it’s important to consider all aspects of your financial planning, including retirement benefits. One option that has garnered attention in recent years is Kaiser’s pension plan, providing guaranteed income, healthcare benefits, and inflation adjustments. But is … Read more

Trust vs. Will: Making Informed Choices for Your Estate Planning

December 20, 2024September 9, 2023 by Justin Nabity

Estate planning is a critical aspect of financial preparedness, often overlooked until it’s too late. This process involves making decisions about how your assets will be managed, preserved, and distributed after your passing, ensuring the well-being of your loved ones and the fulfillment of your wishes. At the heart of estate planning is the comparison … Read more

Retirement Accounts – Should I or Should I Not Rollover?

August 5, 2023June 30, 2021 by Justin Nabity

As physicians change employers, they face the “rollover” decision – to move their retirement accounts or leave them. Here are some key considerations when facing that choice. When you change jobs, everything you need to take with you can usually be packed into a couple boxes for your move. Everything except your employer-sponsored retirement plan. … Read more

A Financial Advisor’s Review of Infinite Banking

February 18, 2026June 28, 2021 by Justin Nabity

When most people need a loan, they apply for a line of credit through a traditional bank and pay that loan back, over time, with interest.

But what if you could take a loan from yourself? What if you could avoid the big banks altogether, be your own bank, and supply yourself with your own line of credit?

For physicians and other high-income earners, this is possible to do with infinite banking.

Infinite banking isn’t for everyone, but it does provide some unique benefits. Here’s a financial advisor’s review of infinite banking and all the pros and cons involved.

7 Alternative Jobs for Physicians

July 8, 2026April 25, 2021 by Justin Nabity

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 where they want to change career paths.

But, a career change can seem daunting. What field are you supposed to go into after working as a doctor?

Luckily, there are plenty of alternative jobs for physicians! Whether you’re a rookie or a veteran, there are a ton of challenging and fulfilling jobs you can move into. You can put your expertise to work in places other than direct patient care.

Long Term Care Planning for Physicians

June 27, 2024September 11, 2020 by Justin Nabity

In many ways, financial planning is a process designed to help investors deal with the inevitable messiness of life. Such as unforeseen illness, sudden career shifts, unexpected windfalls, and all the difficult decisions that come with these changes. As we age, we all become more likely to develop health conditions that affect our independence, mobility, … Read more

What does the SECURE Act mean for physicians?

June 27, 2024January 21, 2020 by Justin Nabity

The new year is bringing major tax changes for some physicians, as the Setting Up Every Community for Retirement Enhancement (SECURE) Act takes effect. For instance, they passed the SECURE Act into law in December 2019 as part of the new government spending package, and it contains legislation intended to make retirement planning more accessible, … Read more

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