Normally, companies reward ambitious and productive employees. After all, these employees make their employers lots of money. In this case, though, it’s the reverse. Many “on the ball” retirement plan savers are being penalized by…
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Using a Values-Based Lens to Identify Financial Blindspots
It’s difficult to self diagnose your own problems. Especially the deep rooted issues. How many people with serious illnesses caused by their own choices show up at the hospital and say something like… “Hey Doc,…
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How Physicians Should Prioritize Different Retirement Plans
How To Keep Your Spouse In The Loop On Your Personal Finances
According to an American Express survey, 91 Percent of Couples Find Reasons to Avoid Talking About Finances; only 43 Percent Discussed Money Before Marriage. We all know communication is key to a happy marriage –…
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Pulling Back The Curtain On Target Date Retirement Funds
Chances are you’ve heard of Target Date Retirement Funds (TDRF) by now – they have blown up in popularity and size over the last several years. According to Morningstar research, TDRF funds: Have more than…
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Comparing Term Life Insurance Strategies For Physicians
The most common type of term life insurance among physicians is level term. Often, it’s purchased and forgotten about. But is this the best strategy? In this post, we will compare several different strategies physicians…
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The True Cost Of The “No-Fee” 401k Rollover
You see the signs all over the place… “We Accept 401k Rollovers”. Apparently people are taking banks and other financial institutions up on the offer to roll over their 401k into an IRA, otherwise they…
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8 Reasons You Should Hire A Financial Planner In 2016
Americans are financially stressed out. But very few are actually paying for financial help. Many of these people could benefit from hiring a quality fee-only financial planner. Think it’s not affordable? Think again. Basic financial…
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How Traditional Financial Services Take Advantage Of Doctors
Many people in financial services are not looking out for your best interests. I wanted to share a real story from a client we work with to help show you what’s happening. This type of…
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10 Financial Planning Resolutions For The New Year
January is a great time to plan ahead for the year. How are you going to make 2016 your best year ever? Here are a few personal finance ideas to help you start thinking of…
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Mortgage Breakdown: Fixed Rate vs ARM
For many physicians, one of the biggest financial milestones in life is buying a home. There is a feeling of accomplishment that comes with a successful home purchase, as well as a feeling of freedom…
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7 Habits Of Wealthy Physicians
Creating wealth is easier said than done. Save before you spend. Pay in cash. Spend less than you earn. Pay your debts asap. While these are all good points, marking them off your financial goals…
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