| Author: | Ralph P. Crew | ISBN: | 9781489714589 |
| Publisher: | LifeRich Publishing | Publication: | December 11, 2017 |
| Imprint: | LifeRich Publishing | Language: | English |
| Author: | Ralph P. Crew |
| ISBN: | 9781489714589 |
| Publisher: | LifeRich Publishing |
| Publication: | December 11, 2017 |
| Imprint: | LifeRich Publishing |
| Language: | English |
Most doctors beginning their medical careers wont have the luxury of selling a practice, office building or an associated business to fund their retirements. Instead, theyll be retiring as employees of large groups or hospital systems.
Making matters worse: Wages are expected to be flat for the foreseeable future, and retirement plans being offered by employers are nowhere near adequate.
Dr. Ralph P. Crew offers practical strategies for new physicians in this guidebook for navigating whirlwinds of change. Learn how to
determine how much to save to live comfortably after retiring; navigate defined contribution and defined benefit plans; assess the risks of inflation to your salary and savings; take advantage of having access to a 457 plan; and prepare for worst-case scenarios.
In the past, physicians could accumulate wealth without great effort, but younger physicians will have to plan ahead and think hard about lifestyle decisions to ensure they can live comfortably in retirement.
Filled with examples, easy-to-understand math, and up-to-date data, this informative and useful guide will help you take the right steps to ensure a secure retirement.
Most doctors beginning their medical careers wont have the luxury of selling a practice, office building or an associated business to fund their retirements. Instead, theyll be retiring as employees of large groups or hospital systems.
Making matters worse: Wages are expected to be flat for the foreseeable future, and retirement plans being offered by employers are nowhere near adequate.
Dr. Ralph P. Crew offers practical strategies for new physicians in this guidebook for navigating whirlwinds of change. Learn how to
determine how much to save to live comfortably after retiring; navigate defined contribution and defined benefit plans; assess the risks of inflation to your salary and savings; take advantage of having access to a 457 plan; and prepare for worst-case scenarios.
In the past, physicians could accumulate wealth without great effort, but younger physicians will have to plan ahead and think hard about lifestyle decisions to ensure they can live comfortably in retirement.
Filled with examples, easy-to-understand math, and up-to-date data, this informative and useful guide will help you take the right steps to ensure a secure retirement.
