How Often Should You Rebalance Your Portfolio?
The end of the year is full of the hustle and bustle of the holidays, but it’s also a great time to “clean up” your investments. Regular portfolio rebalancing is one way to maintain proper allocations and risk alignment for your unique financial situation. We believe rebalancing your portfolio is critical to protecting your investments, […]
What Should Doctors Do With Their Money Before Year End?
It feels great to check things off your list—but what should be on your year-end money list as a physician? Let’s look at the top money moves we believe physicians should consider before ringing in the new year.
5 Ways Women Physicians Can Plan For Longevity In Retirement
Women live about 5 years longer than their male counterparts, on average. This longevity gap means that women may need to pay extra attention to how they’re saving for retirement, so they have enough to feel financially secure and confident in their golden years. While you don’t know how long you’ll live, it can be […]
Do You Have Equity In Your Leased Car? Here Are Options For Taking Action
Do you know just how valuable your leased car is? You’re about to find out! In 2022, cars are pretty much worth their weight in gold—an unheard-of feat brought about by the “perfect storm” of events. Given the current car shortage, there’s a unique opportunity for doctors to make a profit selling their leased cars. […]
Vestia’s Top Tips For Building A More Profitable Orthopedic Practice
Orthopedic surgeons are among the most specialized in the medical space. While you work extremely hard to make a comfortable living for yourself and your family, could you make your practice (and your life) more profitable? Growing an orthopedic practice can be difficult, but with a little hard work and some elbow grease, we’ve seen […]
It’s Open Enrollment. Here Are 5 Of The Best Tips For Physicians
Welcome to benefits season! While it may not be your first rodeo, there are some things physicians can do to prepare for open enrollment. 1. Enroll In The Right Medical Plan For You Choosing an appropriate health insurance plan can be overwhelming. You will likely have to decide between four plans and network types: HMO, […]
How Doctors Can Start Taking Advantage Of Their HSAs Today
A Health savings account (HSA) can be a powerful tool for long-term health savings and can even help you save for medical costs in retirement, which may come in handy down the line. A Fidelity study found that a 65-year-old couple retiring in 2022 would spend about $315,000 (after-tax dollars) on medical costs alone. An […]
How Medical Practice Owners Can Creatively Save for Their Kid’s College
Owning a business means you may have creative ways to help save for your kids’ education. With the average cost of tuition tipping $35,000 per year, saving early and consistently is the best way to meet your future goals. Let’s look at how medical practice owners can start saving for their children’s college expenses. Save […]
Time or Money-Weighted Returns, Is One Better Than The Other?
When you look at your investments, you’re likely only seeing if you made or lost money. That high-level snapshot isn’t comprehensive enough to determine how well your assets are really doing, if you’re on track, if you need to make changes, etc. Is there a more accurate way to depict your portfolio’s performance long-term? Yes! […]
5 Ways Doctors Can Invest In Real Estate
Investing in real estate can be a smart money move for physicians if it fits into their financial goals. The “best” way for doctors to invest depends on how much time and money they’re looking to invest. Here are 5 smart ways we believe that physicians can start investing in real estate. 1. Invest In […]
