The Prescription for Financial Health: An Authoritative Guide for Physicians, 2nd Edition

Physicians Financial Future is No Longer Guaranteed. Seize control of your financial future with the 2nd Edition of this classic book. For physicians in all specialties, all ages. Protect yourself and your family from financial hazards. Plan, Execute, Follow-Through No matter what age you are, or how long you've been in medical practice, you can realize a successful financial future and: Achieve your financial objectives even in the face of declining net practice income Protect your current assets from potential lawsuits and other losses Save and invest strategically to accomplish long term goals Make the right choices about life, disability, and long term care insurance coverage Prepare an efficient estate plan Maximize the value you receive from your current team of personal investment, insurance, and legal advisors. A step-by-step guide to building a successful financial future while doing what they do best, which is taking care of patients. The authors of this successful book realize that most physicians, while getting their medical training, had no time to take accounting and finance courses. Their goals were on building their clinical knowledge. As a result, many physicians are unprepared to handle their financial future in a proactive way. This book provides the data and commonsense financial planning strategies physicians can trust. The authors provide no tricks, no gimmicks, just commonsense financial planning strategies and expert knowledge that work. All chapters are designed specifically for the physician-reader. The book focuses on financial issues facing physicians today, namely: Achieving financial objectives even in the face of declining practice income Protecting current assets from potential lawsuits or other losses. Maximizing the value physicians receive from their circle of personal investment, insurance, and legal advisors. The authors say, We wrote this book to provide practical information on insurance, retirement plans, as well as moving on to more sophistication financial concerns such as debt and equity investment vehicles, portfolio management, risk management and estate planning. Keep The Prescription for Financial Health within easy reach, and you ll learn how to: Save and invest strategically to accomplish long term goals based on the very same methods the largest pension plans and bank trust companies use to achieve their investment planning goals. Make the right choices about life, disability and long term care insurance coverage, determining optimal mix and the amount of coverage that s right for you. Prepare an efficient estate plan in conjunction with smart asset titling strategies to help you minimize estate settlement costs and your ultimate tax liability. Work more effectively with your financial and legal advisors, helping them help you protect your assets and further your financial goals. And much, much more!