Last updated: The physician mortgage loan, sometimes called the doctor mortgage loan, exists because medical professionals face a lending problem that doesn’t affect other careers. High student loan debt and a lower income during residency… Read More
Key Takeaways The attending transition works best with a defined cash-flow system. Benefits, loan direction, reserves, protection, and automatic contributions generally need a plan before recurring expenses absorb the raise. Mid-career wealth benefits from clearly… Read More
One of the most common questions we get is “how do I build a budget as a medical resident?” This came up when we first moved to Philly in 2015, and we had our new… Read More
Key Takeaways: Keep business and household money in separate lanes. Tax reserves, operating cash, and personal spending each need their own job before a dollar leaves the business. Fit the retirement plan to how your… Read More
Key Takeaways: Figure out your actual catch-up number first. A late start turns manageable once you know your portfolio target, the yearly savings pace it takes to get there, and the range of retirement dates… Read More
Key Takeaways: Two medical careers need one household system. When both partners are physicians, the real work is connecting two paychecks, two benefit packages, and two loan balances into a single plan instead of running… Read More
The jump from resident salary to attending physician salary often feels like winning the lottery after years of training. Yet many doctors unintentionally fall into physician lifestyle inflation (also known as doctor lifestyle creep) during… Read More
Back in 2018, I was asked to speak at the American Society of Colon and Rectal Surgeons (ASCRS) conference, and the topic was simple: How Much Do I Need to Retire as a Physician? Well,… Read More
457(b) Plan for Physicians: 2026 Guide Last updated: While most physicians are familiar with retirement accounts like a 401(k) or 403(b), fewer understand the 457(b) plan—despite it being one of the most powerful (and misunderstood)… Read More
Key Takeaways: Start with structure. Your first years of attending build lasting momentum when your major money decisions work together as a single plan rather than pulling in different directions. Pick your loan path early…. Read More