Financial Pain Points for Orthopedic Surgeons – Tampa 2024
IEP FELLOWS AND YOUNG SURGEONS COURSE Kameron Helmuth, CFP®, CHFC®, & Brad Quick, CEPA® Abstract: Recently, some published literature has highlighted the lack of general financial training and resource for among attending surgeons1,2 , while at the same time other studies have highlighted the tie between burnout and financial stress3. The purpose of this study […]
3 Creative Applications of a 401k Rollover
There are several benefits to going through a 401k rollover process – some of which can even save you money in the long-run! Let’s dive into three options and why it could make sense for doctors to initiate a rollover. When You Might Consider a 401k Rollover There are a few times that a 401k […]
How Gender Roles In The Hospital Can Negatively Impact Women Physicians Work and Pay
We’re celebrating Women’s History Month with special blog content curated just for Women Physicians! Today, we’re diving into how some gender roles can negatively impact women physicians through both work and pay. The healthcare industry landscape isn’t always equal, especially when looking through the lens of women and those belonging to minority groups in the […]
Understanding The Wage Gap For Women Physicians, And What We Can Do About It
We’re continuing our Women’s History month celebrations with new content, just for women physicians. Today, we’re tackling the topic of the gender wealth gap. The gender wealth gap prevails in many trades; unfortunately, the medical industry isn’t immune. The good news? With the right strategies and team behind them, women physicians should be able to […]
How Often Should You Rebalance Your Portfolio?
The end of the year is full of the hustle and bustle of the holidays, but it’s also a great time to “clean up” your investments. Regular portfolio rebalancing is one way to maintain proper allocations and risk alignment for your unique financial situation. We believe rebalancing your portfolio is critical to protecting your investments, […]
How Doctors Can Start Taking Advantage Of Their HSAs Today
A Health savings account (HSA) can be a powerful tool for long-term health savings and can even help you save for medical costs in retirement, which may come in handy down the line. A Fidelity study found that a 65-year-old couple retiring in 2022 would spend about $315,000 (after-tax dollars) on medical costs alone. An […]
How Medical Practice Owners Can Creatively Save for Their Kid’s College
Owning a business means you may have creative ways to help save for your kids’ education. With the average cost of tuition tipping $35,000 per year, saving early and consistently is the best way to meet your future goals. Let’s look at how medical practice owners can start saving for their children’s college expenses. Save […]
How To Adopt An Abundance Money Mindset (and Why It Can Change Your Life)
Your unique views on money directly influence how you use it, and your mindset toward money can drastically impact your financial wellbeing. Your money mindset affects your decisions and helps you write your financial story. Here’s why your money mindset matters and how to adopt a positive abundance mindset. What’s A Money Mindset? A money […]
Should Doctors Open Roth IRAs for Their Kids?
Many doctors prioritize their financial health and seek to pass that trait onto their children. Plus, given the current state of financial literacy in the U.S., most education about money and personal finance falls on parents or caretakers. And one of the most important financial concepts to teach is the art of compounding interest—something you […]
5 Ways Doctors Can Overcome Their Stock Market Anxiety
If you type in “stock market crash/correction X year” into a search engine, you’ll have no trouble finding an article that speculates a market doomsday or a sure-fire bull run, but many of those predictions don’t come to be. Why? Because no crystal ball can forecast every minutia of market movements. But that doesn’t stop […]
