3 Important Ways Inflation Could Impact Your Money (And What To Do About It)
Inflation has been front and center in the financial media for weeks, and it’s not hard to see why. It has reached record levels—up to 7.5% over the past twelve months—and that number is likely to get doctors sitting up straight in their seats. Inflation concerns are buzzing from headline to headline—but how could these […]
5 Ways Doctors Can Overcome Their Stock Market Anxiety
If you type in “stock market crash/correction X year” into a search engine, you’ll have no trouble finding an article that speculates a market doomsday or a sure-fire bull run, but many of those predictions don’t come to be. Why? Because no crystal ball can forecast every minutia of market movements. But that doesn’t stop […]
Why Knowing The Value Of Your Time May Change The Way You Approach Money
What’s a physician’s most valuable asset? There’s a lot to choose from (education, job impact, salary, etc.), but many would agree that their most valuable asset is time—the time they have to build a fulfilling career, nurture relationships, engage in hobbies, and more. Your time is valuable—but do you know how much? And how can […]
What’s Our “Values Meeting” and Why It’s Important For Your Money
At Vestia, we’re passionate about helping you build wealth and prioritize living a life you love. An excellent way to create a comprehensive financial plan to fit your needs is to keep your values at the center. That’s why an in-depth values meeting is an essential component of our strategy sessions. What can you expect […]
3 Generous Giving Strategies for Charitably-Inclined Physicians
Giving can be a significant part of your financial plan. While the primary goal for donating is to support the causes you’re passionate about, it’s also wise to go about it in a financially-friendly manner. Here are some ways that physicians can get in the spirit of giving and potentially reduce their tax burden along […]
The 3 Tax Buckets Physicians Need To Understand About Investing
There are several reasons why physicians invest—one is likely to build wealth and secure a comfortable retirement. But one important question mark is how that money will be taxed in retirement. In general, there are three tax buckets physicians should be aware of while investing. Let’s dive deeper into each and determine if there’s one […]
Can Realizing Capital Gains Push You Into A Higher Tax Bracket?
Can realizing capital gains push you into a higher tax bracket? Let’s dive a bit deeper into this topic to determine how capital gains may affect your tax situation.
5 Steps For Physicians To Build A Maternity Leave Plan That Works
Maternity leave planning for women physicians is important work. Women bring immense value to medicine (and every field for that matter), and they deserve a financial team in their corner helping them navigate the complex issues concerning maternity leave planning. A Vestia, we’re dedicated to helping our women physicians shine, equipping them with the support […]
3 Clever Ways High-Earners Can Invest in Roth Accounts
Many doctors quickly reach income thresholds that prohibit direct Roth IRA contributions. Here are some ideas for doctors to access Roth accounts.
How Much Life Insurance Physicians Need To Protect Their Loved Ones
How much life insurance physicians need can be a difficult question to answer. It’s not always an easy conversation to have. Let’s take a closer look at life insurance and tips to selecting the right coverage for doctors and their families.
