Retirement Planning

5 Things Every Doctor Should Consider Before Retiring [Podcast]

5 Things Every Doctor Should Consider Before Retiring [Podcast]

The last few years before you hang up your stethoscope can be critical to a doctor's successful retirement. In this episode of More Money Minutes for Doctors, Katherine Vessenes, CEO and founder of MD Financial Advisors, covers the five things every doctor should do before handing in their resignation.

SECURE Act 2.0: Can Doctors Roll Over 529 Plans into Roth IRAs? [Podcast]

SECURE Act 2.0: Can Doctors Roll Over 529 Plans into Roth IRAs? [Podcast]

You may have heard the buzz surrounding developments with SECURE Act 2.0. Today, we're diving into the new IRS rules that would allow rolling over 529 plans into a Roth IRA. Let’s unravel this news and determine if it's a viable option for you.

Mastering the Minimum Effective Financial Dosage for Doctors [Podcast]

Mastering the Minimum Effective Financial Dosage for Doctors [Podcast]

Welcome back to More Money Minutes for Doctors. Today we delve into a crucial topic: determining the minimum effective financial dosage for doctors to achieve lasting financial security.

In the realm of financial advice, countless articles offer tips for enhancing your finances. However, just as doctors prescribe the minimum effective dose for patients, should there not be a similar approach for doctors managing their finances? Let’s explore this concept.

A Doctor's Guide to Avoiding Four Crucial Financial Pitfalls [Podcast]

A Doctor's Guide to Avoiding Four Crucial Financial Pitfalls [Podcast]

Managing personal finances can often take a back seat to a doctor’s demanding schedules. However, overlooking key financial decisions in the early stages of a medical career can lead to long-term setbacks. Today we’re discussing common financial mistakes made by young doctors and offer strategies to avoid them.

Rich Doc. Broke Doc. Tax Shelters Rich Docs Use to Build Their Wealth Tax-Efficiently. [Podcast]

Rich Doc. Broke Doc. Tax Shelters Rich Docs Use to Build Their  Wealth Tax-Efficiently. [Podcast]

It is crucial for doctors to understand the differences in retirement accounts if they want to maximize their wealth. Two popular choices, the Sep IRA and the Solo 401K, present distinctive benefits, limitations, and considerations. Here, we break down the key elements of each, shedding light on their respective advantages and limitations.

Small Steps Toward Financial Freedom for Doctors [Podcast with Dr. Kristy McAteer]

Small Steps Toward Financial Freedom for Doctors [Podcast with Dr. Kristy McAteer]

Financial freedom is a goal that many aspire to achieve, and for good reason. It offers the promise of a life with choices, free from the constraints of financial stress. In the world of medicine, where the demands of the profession are high, finding financial freedom can be a crucial step towards a healthier, happier life. Here we will explore some practical steps—often overlooked—that can pave the way for doctors to attain financial freedom.

Doctors and Burnout [Podcast with Dr. Kristy McAteer]

Doctors and Burnout [Podcast with Dr. Kristy McAteer]

In the landscape of modern medicine, the alarming rise of burnout among physicians has prompted critical discussions about how to sustain your careers and well-being. With the ever-increasing demands of medical practice, doctors find themselves facing unique financial challenges. In this episode, we delve into the insights shared by Katherine and Kristy who sheds light on the financial implications of burnout and offers practical strategies for physicians to embrace a life of abundance and create sustainable financial plans.

Love and Money for Doctors [Podcast]

Love and Money for Doctors [Podcast]

Love is in the air this month, but there's something familiar to us all that has the ability to turn that air sour. Money. Love and money are both something we'd consider human necessities, but they don't always mesh well.

Studies have shown that roughy 40% of divorces occur because of how the other spouse handled money. Let's keep the love alive!

Join us this week as Katherine and Kristy talk about love and money. Specifically how to broach the subject with your significant other before it has the chance to cause heartbreak.
We invite you to join us this week as we talk about setting goals to improve your physical and financial health, and the pathway to achieving them!