Story at-a-glance Doctors know medicine—but not money – A major study shows residents score just 52% on basic financial knowledge.High income, low preparedness – 48% carry $200K+ in student debt, yet 38% haven’t saved for retirement.They struggle with basics – Most don’t understand Roth IRAs,
Five Important Disability Insurance Riders Doctors Should Understand
Story at-a-glance Riders can dramatically strengthen your disability policy, especially for physicians with evolving income and responsibilities.The Residual Disability Rider ensures you’re covered for partial disability and during your recovery—essential for medical professionals easing back
MetLife Leaves the Individual Disability Insurance Game
Story at-a-glance MetLife offered one of the best “own occupation” disability policies for doctors—but they stopped selling new policies in 2016.These policies were up to 20% cheaper than other similar options, making them a standout value for physicians.Without MetLife, pricing on similar
How Much Disability Insurance Do I Need? A Guide For Physicians and Medical Students
Story at-a-glance Most physicians need as much coverage as they can qualify for—typically 60–65% of their current income, which reflects standard insurer limits.Future earnings matter—if you’re in residency or med school, your real need is based on your future attending income, not your
Nailing the Medical Job Interview
Story at-a-glance Interviewers want to hire you—employers invest time and money in the process and hope you’re the right fit.Cultural fit matters more than credentials—they’re looking at personality, bedside manner, and long-term alignment.First impressions stick—prepare a polished elevator
How to Save Money as a Resident
Story at-a-glance Even on a resident’s salary, you can protect up to $15 million in future income with smart planning.Graded premium policies start under $100/month, with the option to lock in a level rate later.Multi-life discounts can save up to 40% for female residents when three or more
5 Financial Tips For Young Doctors
Story at-a-glance High income doesn’t equal wealth—many doctors struggle financially due to poor savings habits and lifestyle creep.Your career is a long-term asset, not a lottery ticket—wealth builds slowly, not overnight.Avoid overspending early in your career—cars, homes, and vacations can
What is the Best Time to Buy Disability Insurance?
Story at-a-glance Disability can strike unexpectedly—even in your 20s or during residency, before your career truly begins.A young ER doctor’s back injury from a car accident made her uninsurable overnight.Insurance only covers uncertainty—once a condition exists, it’s no longer