8 reasons MDs need Financial Planning

April 2, 2020

Here are 8 reasons why medical doctors need financial planning. 

Medical doctors are smart, well-educated, able to understand complex issues and to act decisively in their fields. They are responsible for taking care of not only their own families but also the many patients they treat   Doctors also often own their own practices and, as business owners, manage and provide benefits for their employees. Financial planning is not rocket science, nor is it as complex as diagnosing a rare genetic disease or rebuilding a shoulder. So why does a medical doctor need financial planning?  Below are 8 reasons why.