Six Alternatives to Your 401k or 403b Plan Usually, your 401k or 403b is your best bet for retirement savings. However, there are times when these options might not be available to you. Perhaps you… Read More
No 401k Plan, Now What?
Insights
New Attending Physician? Smart Steps to Manage Your Pay Increase and Build Financial Freedom
New Attending Physician Pay Jump: What to Do Next As a new attending physician, you’re finally seeing a significant boost in your income. After years (a decade?!?) of hard work, long hours, and strict budgets… Read More
Building the Best Budget for Medical Residents
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
What to Look for in a Financial Advisor: Key Traits for Smart Money Management
What to Look for in a Financial Advisor Choosing the right financial advisor can feel overwhelming. Whether you’re considering hiring one for the first time, switching to someone new, or just evaluating your current advisor,… Read More
How to Stop Being a HENRY & Take Control of Your Finances
Are you among a growing group of people in the U.S. who have a high household income, yet your savings never seem to grow significantly year after year? Believe it or not, there’s a name… Read More
Common Backdoor Roth IRA Questions Answered
Common Backdoor Roth IRA Questions Answered If you’re a high-income earner trying to secure your retirement with a Roth IRA, you’ve probably come across the term “Backdoor Roth IRA.” It’s an essential strategy to bypass… Read More
Financial Planning for a Medical Resident
Before we talk about financial planning for medical residents, let’s start with the most important part first: your primary goal while in residency or fellowship should be to become an exceptional doctor. The kicker is… Read More
Year-End Tax Planning Deadlines and Items to Consider
Year-End Tax Planning Deadlines and Items to Consider As the end of the year approaches, it’s the perfect time to tackle your tax planning. Whether you’re wrapping up 2024, preparing for 2025, or even glancing… Read More
13 Financial Tips for Physicians
Many physicians wonder how they can get ahead financially, but the truth is that building lifelong financial stability is less about having the best possible “trick up your sleeve” and more about having long-term dedication…. Read More
Roth IRA Strategies for Physicians
The “Backdoor Roth IRA” is a fantastic and commonly utilized Roth IRA strategy for physicians, but did you know there are other great ways to use a Roth IRA? Today, we are going to take… Read More