Financial Planning For Health Care Professionals

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Roetzel Health Law attorney Ericka Adler is joined by Brady Petersen, CFP and Jake Whipp of Larson Financial Group in this episode of Roetzel’s HealthLaw HotSpot. Together, they discuss the importance of financial planning from the beginning through the end of a physician’s professional career. The career path of a physician takes a unique trajectory, as they quickly transition from a negative net worth to a high positive net worth in just a few short years, and with that path comes specific financial challenges, including massive See more +
Roetzel Health Law attorney Ericka Adler is joined by Brady Petersen, CFP and Jake Whipp of Larson Financial Group in this episode of Roetzel’s HealthLaw HotSpot. Together, they discuss the importance of financial planning from the beginning through the end of a physician’s professional career. The career path of a physician takes a unique trajectory, as they quickly transition from a negative net worth to a high positive net worth in just a few short years, and with that path comes specific financial challenges, including massive debt, high tax rates and a shorter time frame to save for retirement. Focusing early and seeking advice from professionals who specialize in guiding physicians are key factors in ensuring the financial security and success throughout their medical career. See less -
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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