Smart Money Moves Doctors Should Make

<p>Hosts Corey Janoff and Rachelle Vanderzanden dive into 12 smart moves doctors should make in today's episode of the Financial Clarity for Doctors podcast. We've worked with many doctors and dentists over the years and have observed our fair share of the good, the bad, and the ugly when it comes to money moves. Keep reading and listening if you want to put your best foot forward.</p> Money moves we'll cover in this episode?    <p>1. Have a Game Plan for Your Student Loans </p> <p> </p> <p>2. Keep Your Mortgage Under 2x Income </p> <p> </p> <p>3. Get Own Occ Disability Insurance! </p> <p> </p> <p>4. Get Life Insurance If You Have (or plan to have) Dependents </p> <p> </p> <p>5. Get Umbrella Liability Insurance </p> <p> </p> <p>6. Get an Estate Plan </p> <p> </p> <p>7. Save 20% of Income for Retirement </p> <p> </p> <p>8. Max Out Tax-Advantaged Accounts </p> <p> </p> <p>9. Diversify </p> <p> </p> <p>10. Don't Chase Returns </p> <p> </p> <p>11. Earmark Retirement Savings for Retirement </p> <p> </p> <p>12. Have a Plan to Achieve Your Goals </p> <p> </p> <p>Most doctors aren't very money savvy. The fact that you are listening to this podcast puts you way ahead of your peer group regarding financial competence. Not all of it is fun. It will take some discipline and dedication to adhere to these principles. However, it is all doable, and you can do it! </p> <p>This list is by no means complete, but it covers some of the big things to devote attention to on your quest for financial independence.</p>  For further reading:  <p><a href='https://thefinitygroup.com/blog/baby-step-your-way-to-financial-independence'>Baby Step Your Way to Financial Independence</a></p> <p><a href='https://thefinitygroup.com/blog/10-money-moves-savvy-doctors-make'>10 Money Moves Savvy Doctors Make</a></p> <p>Thanks again to the <a href='https://thefinitygroup.com/blog'>Financial Clarity Blog</a>, our amazing clients, and the whole team at <a href='https://thefinitygroup.com/'>The Finity Group</a>. </p> <p>For mor