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Mid-Career Physicians

<strong>Navigating Financial Hurdles &#38; Opportunities</strong>

Navigating Financial Hurdles & Opportunities

 As a mid-career physician, is your financial plan as established as your career? During this phase, your financial goals and priorities may be different than in training. You may be balancing a mortgage payment and saving for your child's college education. We’ll meet you wherever you are and help you navigate the road ahead.

Top Financial Concerns for Mid-Career Physicians

<strong>Debt Reduction</strong>

Debt Reduction

Our advisors can help outline a debt reduction plan including elements like buying a home, physician mortgages, and how to prioritize student loan repayment or Public Service Loan Forgiveness (PSLF).

Take Control of Debt
<strong>Investment Planning</strong>

Investment Planning

Reviewing options to best optimize qualified retirement plan contributions and employer matching, investing in Traditional vs Roth accounts, and college funding projections.

Invest Today
<strong>Risk Management</strong>

Risk Management

As your career progresses, our team can help with increasing and/or adjusting disability insurance coverage to reflect your current and future earning potential, as well as protecting dependents with life insurance.

Find the Right Insurance

Frequently Asked Questions

As you start your new position, it can feel overwhelming to think about what you should be doing with your new discretionary income. Is it saving for a house? Or paying off your loans aggressively? Do you know where your retirement accounts are located? There are a multitude of factors to consider when prioritizing financial decisions, and meeting with a professional to review and help organize your individual situation is a great place to start in determining what to focus on first. 

As you transition into practice, we help review your new benefits/contract and adjust your current disability and life insurance plans accordingly. As income increases, we need to make sure that we are still protecting your #1 asset, your future ability to earn an income. As we use your income to build your overall financial plan, the disability and life insurance are key foundational items that allow us to plan for the future.    

There have been numerous changes in the federal loan space in recent years leading to several new elements to consider when thinking about refinancing. Because of this, what once may have been a simple yes or no may now be a bit more complicated. Connect with our student loan specialist to review your loans, current repayment plan, and refinance options.

Our team can help you review your benefits package to answer questions about retirement allocation options (including what to do with your previous plan) to ensure you’re maximizing contributions and employer match.

Financial Planning Services for Mid-Career Physicians

  • Retirement Planning
  • Portfolio Management
  • Identify Topics an Concepts
  • Organization of Financial Documents

  • Budget reviews
  • Asset Protection
  • Risk Management
  • Tax Planing
<strong>Not Sure Where to Start?</strong>

Not Sure Where to Start?

Let’s start with the concern keeping you up at night. If you have specific questions or a financial concern not mentioned above, feel free to reach out and one of our specialists is happy to connect or point you in the right direction.