Top retirement planning recommendations for doctors

Premium retirement planning guides for medical professionals? Managing Money requires a Broad understanding of Personal finances, along with maintaining balance plus understanding of Risk and Return of the Financial decision. And things become difficult to manage for some when they are serving practice loans, Home Loans, car loans etc. Investing is only one part of it, but being in the right investments, which suits your Risk profile and Your Goals (rather than the sellers targets) is another. Plus continuing with the investments, doing the timely rebalancing, knowing when to start and when to stop, requires a behavioural management too.

Its not only Investments but every aspect of your Personal Finances be looked upon like Taxes, Insurance, Life Goals, Estate Planning, Loans etc. Don’t Worry. We will help you Organize in your Money Matters and Manage the Financials Responsibly for you. We Serve Doctors at all Life stages. The Major benefits is the Peace of Mind and the feeling of Wellness that now your finances are being taken care of Responsibly for your benefit. You will enjoy the process and be always sure that the right quantum of money be available with you as and when required.

We will start with answering your questions about us, our system and processes. When you are fully convinced and likes to go ahead, then we will share an Agreement for you to read and sign. This will explain in writing what we are going to do and what are the different steps involved. This is the First Step in Transparent Dealings. What we say will give you in writing.

Think of this as a long term care rather than One time visit. Your Financial Life does not starts and ends with you. It has many other stakeholders in it and you are responsible for their wellness too. You don’t want them to be worried about the Family’s Financial Management in your absence. In fact even if you are there you don’t want yourself to remain immersed in the Complexities of the Finances by compromising the quality time which you can devote to your Profession, your Health and Your family. We offer Financial Planning Services in two versions. Personal finances needs to be in line with your Life and Personal Goals. Your Busy schedule and demanding profession may not be leaving enough time for you to look at them and work on its improvement. Lets Discuss your challenges and how can we help you manage them better. Find even more info on professional indemnity policy for doctors.

Will You work with my CA or do i have to engage someone from your team ? Chartered Accountants and Certified Financial Planners have different expertise, though in some areas we both have overlapping knowledge of each other space. If you file your IT returns through your CA, we will provide all the necessary documents required from our side. There’s no Compulsion of engaging someone from our team. However if you want us to do this arrangement for you we can do it, through our associations with CAs.

You understand the Importance of Procedure, Process, Protocols. You follow the same diligently while treating your Patients. A Registered and Certified Financial Planner follow the strict process and don’t prescribe without diagnosis. Monitors as per checklist and Do Timely Review of Vitals. A Chemist is not a Doctor, who knows this better than you. Still patients go to Chemists to avoid Doctors Fees and also to get easy solutions. But ultimately it is the doctor who cures them fully. You also have to understand this and talk to financial doctors (Planners) for your financial health. Yes You are different from your colleagues. your needs and requirements are different than your Friends, your story is different. You just can’t copy them. One size does not fit all in Financial planning. A good financial Planner will Understand your requirements, your risk profile, your goals, your family profile and needs, Short medium and long term goals and then only advice you on the action steps. See additional details on https://drgoodmoney.com/.