With skyrocketing student loan burdens, plateauing incomes, and less control over their practices, financial issues have become an increasing source of stress for dentists and physicians alike. Early financial planning is no longer optional, but a mandatory part of ensuring both financial and professional stress. It reduces financial stress, burnout, and suicide while improving the doctor-patient relationship and satisfaction for both parties by allowing the doctor to quit worrying about money and focus on her patients, family, and well-being.
• Describe how financial planning reduces burnout and improves patient care
• Outline necessary steps to eliminate student loans within just a few years of completion of training
• Demonstrate the tax, estate planning, asset protection, and investment benefits of retirement accounts
• Discuss the types of insurance you need and those you do not
• Describe how to get good advice at a fair price