Budgeting Basics for the New Physician
After spending seven to 12 years in medical school and training, the idea of budgeting probably doesn’t hold much appeal for most new physicians. But, we all
A Winning Strategy for Saving Money while Reducing Your Debt
Save money or pay off debt, it’s a conundrum for new physicians. Both are important, but many physicians feel cornered by the decision because their budget only
AMA Disability Insurance Versus Individual Disability Insurance
The good news is that, as a group, physicians seem to take the real threat of incurring a disability to heart. According to a 2007
Disability Insurance Brokers Offer Best Solutions for Physicians
There was a time when physicians could obtain high quality disability insurance from a wide range of insurance carriers. Then, due to increasing costs and
Disability Statistics vs. Common Misperceptions
As Disability Insurance Awareness Month draws to a close, we thought it pertinent to revisit the results of a survey conducted by the Council of Disability
Physician Residual Disability Benefit Critical for Max Protection
While there is no actual data available that indicates the percentage of physician disabilities which are partial, as opposed to total, our experience indicates that it is
The Importance of Starting Your Estate Plan Now
You would be hard pressed to find more than a few intelligent and responsible individuals who wouldn’t agree that planning for the future is one
Physician Retirement “Gotchas” to Avoid
Unquestionably, physicians are starting to take their retirement planning much more seriously. With life expectancy on the rise, greater economic uncertainty on the horizon, and lowered
May is Physician Disability Insurance Awareness Month
Maybe it’s just a coincidence that May is both National Arthritis Awareness Month and Disability Insurance Awareness Month. But with the recent study released by Global
You Can Manage your Practice, But Can You Manage Your Time?
As a solo practitioner, you need to be able to manage people, finances, practice development and all of the other responsibilities of the practice, but
Physician Retirement Plans Benefit from Diversification
As with too many retirement savers, it took two stock market crashes (2001, 2008) and a global financial crisis for Randy Page, M.D. to finally
Physician Investing Mistake #1: Investing to Conservatively
Physician Investing Mistake #1: Investing to Conservatively That physicians tend to be risk-adverse and cautious in their approach to investing can work to their advantage.