Financial Planning for Resident Physicians

Start with the basics

Financial planning for new physicians and residents often starts with the basics — all of which are essential for protection and future financial success. Our team of advisors can help inform and execute important things like:

• A student loan repayment plan
• Malpractice insurance
• Life insurance
• Disability insurance
• A retirement savings plan
• Tax savings and planning

All of these elements — navigated with a trusted financial advisor — can help you crawl out from under debt, protect yourself and your loved ones, and start saving for life after medicine.

Maintain balance

Managing and tackling student debt is often the highest priority for young physicians. As a result, many will delay other important (and costly) life events, like buying a home, upgrading to a new vehicle, or starting a family until that debt is paid off. That’s where we step in to ensure your goals outside of your career don’t stay on hold forever.

At TCI, we believe in a balanced approach to financial planning. We understand the pain points resident physicians face, like wondering how to prioritize major investments or goals, which investments to make, and how long you have to postpone actually building and enjoying your life. Our team of wealth advisors can help navigate all those questions — and find the right solutions.

Establish future success

As you grow into your career as a physician, your financial fitness and goals may start to change. If you want to start your own practice, our wealth advisors can help with everything from cash flow and employee benefits to increased asset protection and medical liability. If you want to enhance your investments, we can provide sound and objective advice to help you make the right choices. As retirement nears, we can adjust and tailor your plan to fit your needs and goals. No matter how your journey changes and shifts, our wealth advisors are armed with the exact knowledge you need to adapt and guide you towards a successful financial future.