Hi, I’m Chuck Krugh, a Certified Financial Planner (CFP) with years of experience helping medical professionals navigate their unique financial challenges. One of the most common questions I get from doctors and dentists is this: How can I save for retirement while juggling student loan
New Year, New Goals: Financial Planning Tips for 2025
The start of a new year is the perfect time to press reset, reflect on your progress, and set new financial goals. For physicians and dentists, who often balance demanding careers with personal financial responsibilities, a well-thought-out plan can make all the difference in achieving long-term
The Importance of Estate Planning for Young Physician Couples with Children
Estate planning might seem like a distant concern, especially for young physician couples focused on building their careers and raising their children. However, establishing a comprehensive estate plan is crucial to ensure the financial security and well-being of your family in case the unexpected
Maximizing Your Employer-Sponsored Retirement Plan: 401(k) and 403(b) Tips for Physicians
As a physician, planning for retirement may seem like a distant concern amidst the demands of your career. However, making informed decisions about your employer-sponsored retirement plans, such as 401(k) and 403(b), can significantly impact your financial security in the long run. These plans offer
Financial Goal Setting
Achieving financial stability and success often begins with clear and actionable goal setting. For medical residents and fellows, balancing the demands of training with financial planning can be particularly challenging. However, establishing and prioritizing both short- and long-term financial
AI Your Finances – A Doctor’s Guide to Smart Money
As a financial planner for doctors, I recognize the unique financial challenges and opportunities that come with a career in medicine. The integration of Artificial Intelligence (AI), particularly tools like GPT (Generative Pre-trained Transformer), can significantly enhance your financial planning
Prescribing Prosperity: The Financial Roadmap Every Doctor Needs
Doctors, the extraordinary individuals who dedicate their lives to the service of others, carry with them a unique responsibility. While they touch lives, heal wounds, and inspire hope, there's an area where even they must pause and reflect: their financial future. For it's not what we get that
Physician Side Hustles that Can Increase Your Income
Doctors almost always make good money once they leave residency and enter practice as an attending physician – and can reasonably expect to make $200,000 per year and much more in short order, once they get into the swing of things. But not everyone wants the daily grind and stress of patient care