Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Here are five things worth reviewing before December 31. Table of Contents Five Money Moves Saving Enough for Retirement Tax Planning Opportunities Review Emergency
Five Money Moves Residents Can Make Before Year-End
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Here are five steps worth taking before the year ends. Table of Contents Five Money Moves Where Your Money Is Going Starter Emergency Fund Check Your Student Loans
Your Year-End Financial Checkup: Five Things to Review
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Before the year ends, take time to make sure your finances are keeping up. Table of Contents Your Year-End Financial Checkup Practice's Financial Health Review Your Tax
Your First Paycheck: Where Should the Money Go?
Story at-a-glance Celebrate a little, but don’t overspendPay down high-interest debt firstBuild an emergency fund for surprisesProtect your income with disability insuranceSave early and avoid lifestyle creep You’ve worked hard for this moment.After years of training, late nights, and
Top 3 Financial Moves Doctors Should Make Before Tax Day
Story at-a-glance Max retirement accounts to cut taxes and grow savingsCapture every deduction if you’re 1099 or own a practiceBOE insurance premiums are deductible and often missedReview disability coverage now before income or taxes changeTax planning beats tax filing every timeTax season
How to Protect Your Practice (for Self-Employed Doctors)
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Self-employed doctors need four kinds of disability protection, not one. Individual coverage protects your paycheck, Business Overhead Expense (BOE) keeps your practice's bills paid,
The 7 Biggest Financial Mistakes Doctors Make in Their 30s
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Your first attending paycheck feels like freedom after years of training debt and resident pay. It's also when the biggest, most common financial mistakes get made. Here are the seven we
Year-End Checklist: 5 Smart Money Moves for Doctors Before December 31st
Story at-a-glance Max out retirement. Hit contribution limits to cut taxes and grow savings.Review insurance. Update disability and life coverage to match your current income.Use health accounts. Spend FSA funds and boost HSA savings.Give smart. Donate strategically to lower taxes and make an