Posts by Amanda McFarlane
What Are Capital Gains and Capital Assets?
Last updated: 2/29/2024 Understanding capital gains, losses, and assets are important to your overall financial strategy. Asset appreciation, like from your stocks or real estate, is exciting, especially when you…
Read More8 Asset Protection Strategies for Doctors
Last updated: 02/28/2024 It’s no secret that doctors have higher-than-average incomes when compared to the average U.S. household (in 2024, the average U.S. household income was $59,428. vs. $265,000 for…
Read MoreHow to Protect Your Spouse From the Survivor Trap
Last updated: 02/28/2024 Losing a spouse is difficult enough without having to worry about your finances. Will your spouse be able to maintain their current lifestyle? Or will they have…
Read MoreShould I Pay Off My Mortgage Before I Retire?
Last updated: 02/28/2024 Homeownership generally means having a mortgage looming over you for 15–30 years—an intimidating thought for some. It’s only natural that you want to pay that debt off…
Read More10 Ways to Reduce Medical School Debt Before, During, and After School
Last updated: 02/28/2024 Higher education is not cheap (and the price continues to climb every year), and medical school is no exception. In fact, the price to become a doctor…
Read MoreHow to Protect Yourself From Financial Fraud and Scams
Last updated: 02/28/2024 The Internet has changed almost everything about how we do business, bank, pay bills, and shop. It has also opened a whole world of possibilities for hackers…
Read More17 Money Mistakes Doctors (and Other High Earners) Make
Last updated: 02/28/2024 Financial missteps from high-earning individuals, like doctors, can be especially costly. Do you struggle to manage your finances or want to improve your money habits? Or are…
Read More10 Reasons Physicians Need a Financial Team
Last updated: 02/28/2024 Physicians have complicated financial needs when you consider student loans, cash flow to meet life goals like owning a home and having children, paying taxes, negotiating employment…
Read MoreThe 4% Withdrawal Rule in Retirement: Is It a Bad Idea?
Last updated: 02/28/2024 One of retirees’ greatest fears is running out of money.1,2 Some of the key questions as you prepare for retirement are, how much money will I need…
Read MoreRequired Minimum Distribution: What It Is and How to Calculate It
Last updated: 02/28/2024 Required minimum distributions are important to your overall income strategy in retirement, but the rules can be complex, especially if you have multiple retirement accounts. Read on…
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