Career Transition
Healthcare professionals face unique financial challenges at each stage of their medical career. As a medical student your challenges differ from the physician transitioning to private practice. Plan to Invest Capital Management is here to support your financial needs as you move from residency through retirement.
From Resident to
Physician
As a physician in training, you have spent many years living on a student income. Having reached the end of your residency/fellowship and taking a position on-staff, you are making significantly more money and have many opportunities and challenges on how to spend that money. A sudden wealth syndrome is a phenomenon that impacts most.
Plan to Invest Capital Management works closely with new physicians, helping them prioritize their financial life by assembling a plan where they can serve their patients, live their dreams and have a well-planned financial life.
Institutional vs Private
Practice
Physicians moving from an institution to managing a private practice face a range of financial challenges – both personally and professionally. There are many things to consider and many have a financial impact.
Establishing a relationship with an experienced financial planner is like adding a specialist to your practice team. Understanding the nuances and needs of a private practice, Plan to Invest Capital Management works collaboratively with you to establish a financial strategy designed to help you move into private practice and through-out your medical career.
Succession Planning
You have worked hard for years, achieved great personal and professional success and have reached a place where retirement is fast approaching. Discussing your goals and creating a business succession plan is one of the most important business decisions a practice owner should make.
With both personal and professional succession planning experience, Plan to Invest Capital Management is a trusted resource. We understand the personal, emotional and financial impact and are here to help you plan now, so when the time comes to transition, you and your practice are ready.
Retirement
Retirement doesn’t start at the end of your career, but rather the beginning. By starting to save early, building both short and long-term savings, while managing your other financial commitments, you are making an investment in your future.
Working with a financial planner who specializes in retirement planning for physicians can help you evaluate your goals, align with your earning trajectory and set a plan with clear and realistic outcome for your retirement.
Contact us today for a complimentary consultation!