Personal Finance - Page 7

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Financial Considerations for Late-Career Physicians
While there are no hard boundaries to early-, mid-, and late-career, let’s consider a late-career doctor someone who anticipates retirement in the next three to eight years, so typically age 50 to 65.
Overdue for a Bear Market Tumble
It is true that we are overdue for a bear market. A correction is a drop of 10% from the peak; a bear is 20% or more. We haven’t see the latter since 2008.
Five Ways to Optimize Wealth Building as a PGY
A dollar invested in PGY1 has nearly one more full doubling time compared to that 6-10 year-later-invested dollar in your first few attending years.
The Best Non-Clinical Jobs for Doctors
Physicians who want to continue to use their medical knowledge or healthcare skills to work in a professional setting outside of patient care have a variety of options for full time work.
6 Reasons You May Need a Trust
Trusts are not just for the rich and famous - find out how a trust can help you.
8 Ways to Lower the Doctors Price Tag & Build Wealth
Walk the talk. Health translates into wealth exponentially. Focus on your health, physical, psychological, spiritual, and financial health. How can you be a health care provider if you are not health yourself? True, our career demands so much from us that it’s challenging to be stay healthy, more so than any other career. But we like challenges; that’s why we choose medicine as a way to serve. So now, rise up to the challenge and exemplify the health that you teach your patients to work toward.
It's Never Too Late to Reduce Spending to Achieve Financial Freedom
Cutting annual spending from $200,000 to $120,000 can shave about 30 years off a physician's career.
Is Your Organization a Switch Hitter?
The latest trend in management theory is what's called organizational ambidexterity. It's the social scientist's take on being a switch hitter.

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