Carson Wealth

APRIL 25, 2024

Debt management: Develop a strategy to pay off existing debts efficiently, minimizing interest costs. Insurance coverage: Evaluate insurance needs for health, life, disability, long-term care and property, ensuring adequate coverage. Outliving their money.

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

WiserAdvisor

JULY 3, 2023

Not creating a comprehensive financial plan Financial planning for physicians and healthcare professionals is essential. Not prioritizing debt management Debt management is another reason why financial planning for physicians is necessary. In most cases, healthcare professionals have a lot of unpaid debt.

Financial Planning 52

Financial Planning Planning Financial Advisor Medical 52

WiserAdvisor

JANUARY 16, 2024

This percentage accounts for the likelihood that some pre-retirement expenses, such as commuting to the office and socializing, may decrease while others, such as travel and additional healthcare costs, may increase. Healthcare costs are another substantial component of retirement expenses, averaging $7,030 per year or 13.5%

Retirement Planning 52

Retirement Planning Retirement Planning Financial Advisor 52