Physician Finance
Physician finance refers to the financial management practices specifically tailored for medical professionals. This includes budgeting, investing, and planning for retirement, all while considering the unique challenges faced by doctors, such as student loan debt and fluctuating income during residency.
Effective physician finance also involves understanding tax implications and insurance needs. Many physicians seek financial advisors who specialize in healthcare finance to help navigate these complexities, ensuring they can build wealth while managing their professional responsibilities and personal lives.