Physician's Money Digest

These are especially difficult times to run a solvent—much less profitable and growing— independent or specialty medical practice.

there are some tax planning strategies physicians can still put into action to set themselves up for solid tax savings for year 2021.

The most valuable asset a physician has is their ability to practice.

As you invest into this emerging asset class of cryptocurrency, how will you know if you've set yourself up to do the right thing?

Consumer prices are rising at the fastest pace in 31 years.

Creating a strategic exit plan from a doctor’s practice and career is vital and should not be put off.

From increasing wealth to saving on taxes, the benefits of owning your building are real.

Physicians spend most of their lives training to be the best doctors they can be. What they don’t spend a lot of time doing is understanding what they are worth.

Annuity produces more guaranteed lifetime income; Schwab plan is more flexible.

Before taking out a loan, ask these 8 essential questions.

Creating a budget for retirement has never been easier, but sticking to one takes real work.

Don’t ignore your loans — come up with a plan instead.

What securities-based loans are and why physicians should consider them as part of their borrowing repertoire.

How passive real estate investing can help physicians earn income and a better state of mind.

Medical practices have many legal tax-reduction strategies available to them and the strategies are not limited to the ultra-rich.

What are the best states for physicians to practice in? Find out in Physicians Practice®’s Best States to Practice 2021 exclusive data project.

Markets change over time, so don’t let your plan be static.

What would happen if you couldn’t practice medicine any longer?

Physicians who enter practice for the first time often rapidly increase their lifestyle, which can have dramatic consequences for them in the long-term.

The official guidelines were updates. Here’s the changes you need to know.

Being rid of student loans once and for all can be a gratifying feeling, but will it jeopardize your retirement?

There are many financial vehicles that can work with doctors, as long as they have a solid strategy.

What impact does inflation have on consumers and the economy?

If rates rise, doctors should take a fresh look at their financial strategy.

Collecting from non-paying patients is vital to keeping a practice open

Understanding where a business is spending money is crucial to efficiency and growth.

To determine your needs for cash now and in the future, here are some questions to ask yourself.

The decision to purchase life insurance is an important one for all of us, and when you’re a physician there a lot of things to consider.

The lack of use is correlated with a lack of confidence in the ability to pay for medical care.

Are you earning a significant income but still living paycheck to paycheck? This is a common experience for many younger physicians.