Today’s seniors are healthier, more active, and receiving better preventative care. And on top of that, a growing group of scientists is trying to harness technology and modern medicine to slow down the aging process. Experts call the cumulative effect of these changes to life expectancy “the longevity effect.” They project that extending our years … Continue reading “Are You Taking Advantage of “The Longevity Effect” to Get a Greater Return on Life?”

You’ve met the one. You plan to spend your life with this person, but there is a problem, they have a lot of debt. If you’ve worked hard to avoid or get yourself out of debt, it’s understandable that the idea of taking on someone else’s would be unpalatable at best. At worst, it could … Continue reading “What to do When One person has more Debt than the Other in a Relationship”

PART II: Your Company Benefits Package Our second article in the What to Expect Financially when you’re Expecting focuses on company benefits. While there are many benefits that could be highlighted, this article will focus on a few of the benefits that we think are important to review in light of the upcoming change of … Continue reading “What to Expect Financially When You’re Expecting: Part II”

Here are 3 rules that all physicians can live by in order to make sure they avoid these mistakes and reach financial utopia. Rule # 1 Focus on Saving a 20% Percent of Your Income If you learn to live on 80% of your pre-tax income, then you will be in a good position for … Continue reading “3 Financial Rules for Physicians and other High-Income Professionals”

It is widely agreed upon that most of us don’t do our own plumbing, we don’t fill our own cavities, and we tend to bring our vehicles to the mechanic when they have problems. There are certain things in life where someone’s expertise is both valuable and a time saver. The same can be true … Continue reading “Who’s In Your Corner?”

You may be wondering why I would focus on estate planning first? According to a 2017 survey conducted by Caring.com, only 36% of adults with children under the age of 18 have a will. Which is understandable, who wants to sit around thinking about their inevitable demise? With a child, a lot of things change … Continue reading “What to Expect Financially When You’re Expecting”

While most doctors place the emphasis and importance on having life insurance, in our opinion disability insurance is equally important, if not more so. For example, according to the 2013 U.S. Social Security Administration fact sheet, one in four of today’s 20-year-olds will become disabled before they retire. The main risk that physicians face with … Continue reading “Physicians’ Disability Insurance: Three Aspects to Consider”

In this article, we will look at some tax breaks for high-income households. First off, we will be defining high income as those in the 32% threshold tax bracket and up. A single filer reporting earnings of $157,500 or more and a married-couple filing jointly at or over $315,000. The new changes to the tax … Continue reading “4 Tax Breaks for High-Income Households”

Think about it. Our whole lives are online–bank and investment accounts, social media profiles like Facebook and LinkedIn, shopping sites like Amazon and eBay and the list could go on and on? Have you ever considered what happens to your frequent flyer miles or your shopping rewards points in your absence? It may sound silly, … Continue reading “Eight Things You Should Know About Your Digital Assets Before You Die”

As a way to help with this large debt burden, the government created the Public Service Loan Forgiveness Program or PSLF for short. If you research PSLF to get an explanation on how the program works, you will get the following summary according to the Federal Student Aid website: “The PSLF Programs forgives the remaining … Continue reading “Are You Eligible for Student Loan Forgiveness?”