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]
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.
Rich Doc. Broke Doc. Key Numbers Every Doctor Who Wants To Be a Rich Doc Needs to Know. [Podcast]
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.
Physician Mortgages [Podcast]
Credit Card Info for Doctors Part 2 [Podcast with Dr. Kristy McAteer]
Credit Card Info for Doctors Part 1 [Podcast with Dr. Kristy McAteer]
Midterms and Markets for Doctors [Podcast]
Doctors, Here are 10 Questions to Ask Your Prospective Financial Advisor [Podcast]
EE Bonds and I Bonds for Doctors [Podcast]
We’ve recently touched on down markets, inflation, and how to protect yourself from their effects. While we typically say down markets are a great time to invest in the stock market, we also want to share options on more conservative/stable investment options when the market is anything but. Government bonds are a low-risk way to invest with a consistent, guaranteed interest rate.