{"id":12383,"date":"2022-03-29T05:38:09","date_gmt":"2022-03-29T05:38:09","guid":{"rendered":"https:\/\/lavascular.com\/?p=12383"},"modified":"2022-03-29T05:38:09","modified_gmt":"2022-03-29T05:38:09","slug":"financial-planning-for-physicians","status":"publish","type":"post","link":"https:\/\/lavascular.com\/financial-planning-for-physicians\/","title":{"rendered":"Financial Planning for Physicians"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6636d2554c190\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6636d2554c190\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#What_we_want_to_learn_about_financial_planning\" title=\"What we want to learn about financial planning\">What we want to learn about financial planning<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Cash_Flow_Tracking_Savings_Techniques\" title=\"Cash Flow Tracking &amp; Savings Techniques\">Cash Flow Tracking &amp; Savings Techniques<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Find_Ways_to_Increase_Savings\" title=\"Find Ways to Increase Savings\">Find Ways to Increase Savings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Where_to_Save\" title=\"Where to Save\">Where to Save<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Insurance_Planning\" title=\"Insurance Planning\">Insurance Planning<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Types_of_Insurance\" title=\"Types of Insurance\">Types of Insurance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Life_Insurance\" title=\"Life Insurance\">Life Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Disability_Insurance\" title=\"Disability Insurance\">Disability Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Long_Term_Care_Insurance\" title=\"Long Term Care Insurance\">Long Term Care Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Property_and_Casualty\" title=\"Property and Casualty\">Property and Casualty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Term_Insurance\" title=\"Term Insurance\">Term Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Permanent_Insurance\" title=\"Permanent Insurance\">Permanent Insurance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Permanent_Life_insurance_%E2%80%93_Potential_drawbacks\" title=\"Permanent Life insurance &#8211; Potential drawbacks\">Permanent Life insurance &#8211; Potential drawbacks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#The_Idealbest_Permanent_life_insurance_policy\" title=\"The Ideal\/best Permanent life insurance policy\">The Ideal\/best Permanent life insurance policy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Disability_Insurance_Planning\" title=\"Disability Insurance Planning\">Disability Insurance Planning<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#College_Savings_Strategies\" title=\"College Savings Strategies\">College Savings Strategies<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#529_Savings_Plans\" title=\"529 Savings Plans\">529 Savings Plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Education_Savings_Trusts\" title=\"Education Savings Trusts\">Education Savings Trusts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Supplemental_sources_for_college_expenses\" title=\"Supplemental sources for college expenses\">Supplemental sources for college expenses<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#401k_Plans\" title=\"401k Plans\">401k Plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Student_Loans\" title=\"Student Loans\">Student Loans<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Asset_Allocation_Techniques\" title=\"Asset Allocation Techniques\">Asset Allocation Techniques<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Building_a_Balanced_Investment_Portfolio\" title=\"Building a Balanced Investment Portfolio\">Building a Balanced Investment Portfolio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Market_Neutral_Allocation_Russell_3000_Index\" title=\"Market\u00a0Neutral Allocation Russell 3000 Index\">Market\u00a0Neutral Allocation Russell 3000 Index<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Building_a_Balanced_Investment_Portfolio-2\" title=\"Building a\u00a0Balanced Investment \u00a0Portfolio\">Building a\u00a0Balanced Investment \u00a0Portfolio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Alternative_balanced_portfolio\" title=\"Alternative balanced portfolio\">Alternative balanced portfolio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Fixed_Income_allocation\" title=\"Fixed Income allocation\">Fixed Income allocation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Alternative_balanced_portfolio-2\" title=\"Alternative balanced portfolio\">Alternative balanced portfolio<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Retirement_Savings_Strategies\" title=\"Retirement Savings Strategies\">Retirement Savings Strategies<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Tax_Deferred_assets\" title=\"Tax Deferred assets\">Tax Deferred assets<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Employer-sponsored_Retirement_Plans\" title=\"Employer-sponsored Retirement Plans\">Employer-sponsored Retirement Plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Traditional_IRA\" title=\"Traditional IRA\">Traditional IRA<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Tax_free_assets\" title=\"Tax free assets\">Tax free assets<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Employer-sponsored_Roth_401k_Plans\" title=\"Employer-sponsored Roth 401k Plans\">Employer-sponsored Roth 401k Plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Roth_IRA\" title=\"Roth IRA\">Roth IRA<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Taxable_assets\" title=\"Taxable assets\">Taxable assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Control_Your_Tax_Rate_During_Retirement\" title=\"Control Your Tax Rate During Retirement\">Control Your Tax Rate During Retirement<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Basic_Estate_Planning\" title=\"Basic Estate Planning\">Basic Estate Planning<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Will_Advanced_Directives\" title=\"Will &amp; Advanced Directives\">Will &amp; Advanced Directives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#Durable_Power_of_Attorney\" title=\"Durable Power of Attorney\">Durable Power of Attorney<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#What_to_Look_For_in_a_Financial_Planner\" title=\"What to Look For in a Financial Planner\">What to Look For in a Financial Planner<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"What_we_want_to_learn_about_financial_planning\"><\/span>What we want to learn about financial planning<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<ul>\n<li>Cash Flow Tracking &amp; Savings Techniques<\/li>\n<li>Insurance Planning<\/li>\n<li>College Savings Strategies<\/li>\n<li>Asset Allocation Techniques<\/li>\n<li>Retirement Savings Strategies<\/li>\n<li>Basic Estate Planning<\/li>\n<li>What to Look For in a Financial Planner<\/li>\n<\/ul>\n<h1><span class=\"ez-toc-section\" id=\"Cash_Flow_Tracking_Savings_Techniques\"><\/span>Cash Flow Tracking &amp; Savings Techniques<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>Save First, Spend Second<\/p>\n<ul>\n<li>Prioritize your financial goals<\/li>\n<li>Calculate the monthly savings required<\/li>\n<li>Invest savings based on amount of time until goal date<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Find_Ways_to_Increase_Savings\"><\/span>Find Ways to Increase Savings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Get a raise or bonus?<\/li>\n<li>Done paying down a debt?<\/li>\n<li>Capture a portion of increase in surplus cash flow &#8211;<br \/>\npart savings, part increase in lifestyle<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Where_to_Save\"><\/span>Where to Save<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Open a Vanguard\/Fidelity\/Schwab Investment Account<\/p>\n<ul>\n<li>Set up ACH link to checking account (overnight transfers)<\/li>\n<li>Begin monthly deposits from your checking account<\/li>\n<\/ul>\n<p>Ultra Short Term Goals &lt; 1 Year<\/p>\n<ul>\n<li>ING Savings Account<\/li>\n<li>DFA One-Year Fixed Income Fund<\/li>\n<\/ul>\n<p>Short Term Goals &gt; 1 Year<\/p>\n<ul>\n<li>Vanguard Short Term Bond Index Fund<br \/>\n\u2022Vanguard Limited Term Tax Exempt Fund<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h1><span class=\"ez-toc-section\" id=\"Insurance_Planning\"><\/span>Insurance Planning<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Insurance\"><\/span>Types of Insurance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Life_Insurance\"><\/span>Life Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Term, Variable Life, Universal Life, Whole Life<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Disability_Insurance\"><\/span>Disability Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Short and Long Term Disability<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Long_Term_Care_Insurance\"><\/span>Long Term Care Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Home and Facility Care<\/li>\n<li><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Property_and_Casualty\"><\/span>Property and Casualty<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Home, Auto, Liability<\/li>\n<\/ul>\n<p>Life insurance needs change over time<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Term_Insurance\"><\/span>Term Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u2022Covers needs for the least expense<\/p>\n<ul>\n<li>layer policies to cover needs over various time periods<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Permanent_Insurance\"><\/span>Permanent Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>More expensive<\/li>\n<li>Protects long term needs<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Permanent_Life_insurance_%E2%80%93_Potential_drawbacks\"><\/span>Permanent Life insurance &#8211; Potential drawbacks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Permanent Life Insurance &#8211; As Savings Vehicle?<\/p>\n<ul>\n<li>Permanent Insurance will be pitched to you as a way to supplement your retirement income<\/li>\n<\/ul>\n<p>-In order for this approach to work, you must over fund the<\/p>\n<p>policy being purchased as much as possible<\/p>\n<p>-Distributions are then &#8220;borrowed&#8221; out of the policy free of tax &#8211;<br \/>\nbut not free of expenses<\/p>\n<p>-Loans are paid back when the policy pays out the death benefit<\/p>\n<ul>\n<li>Insurance company sets the lowest premium you can pay (Term), the government sets the highest (MEC)<\/li>\n<\/ul>\n<ul>\n<li>Most insurance salesmen are not acting as fiduciaries, they are selling a product<\/li>\n<\/ul>\n<p>What to Look Out For in Permanent life insurance<\/p>\n<ul>\n<li>Front loaded Premiums (higher in start years) -Feeds the Salesmen a higher commission, at your expense<\/li>\n<li>Premiums that are below the maximum allowable premium based on the policy you are looking for<\/li>\n<\/ul>\n<p>-The same premium dollars in policies with larger death benefits<br \/>\nresult in larger commisions, at your expense<\/p>\n<ul>\n<li>Unreasonable Rate of Return Illustrated<\/li>\n<\/ul>\n<p>-Policies will fall apart if those returns are not met<\/p>\n<ul>\n<li>Rate of Return does not change during illustrated distributions during retirement<\/li>\n<\/ul>\n<p>-Rate of Return expectations should be reduced when distributions are being made<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Idealbest_Permanent_life_insurance_policy\"><\/span>The Ideal\/best Permanent life insurance policy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Quotes from MORE THAN ONE Insurance Company<\/li>\n<\/ul>\n<p>-Identical illustrations from more than one company allow you to more \u00a0 easily identify superior products<\/p>\n<ul>\n<li>MAXIMIZE the premium dollars that fit into the smallest<br \/>\npossible death benefit<\/li>\n<li>Inexpensive Investment Options &#8211; Fees Matter<\/li>\n<li>Low Spread between Loan Rate and Loan Credit Rate<\/li>\n<\/ul>\n<p>-Less than 2% is ideal, some as low as 0.50% or less, are avaiable<\/p>\n<ul>\n<li>Hire an independent third party for an assessment of<br \/>\nwhat people are showing you!<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Disability_Insurance_Planning\"><\/span>Disability Insurance Planning<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Group Short &amp; Long Term Disability<\/p>\n<ul>\n<li>Inexpensive coverage<\/li>\n<li>Benefits can be taxable, depending on how premiums are paid<\/li>\n<li>Potentially low monthly cap on benefits paid<\/li>\n<\/ul>\n<p>Supplemental Long Term Disability<\/p>\n<ul>\n<li>Covers gaps in some group DI plans<\/li>\n<li>Can provide more specific definitions of disability that will<br \/>\nprotect specialized skill sets<\/li>\n<\/ul>\n<h1><span class=\"ez-toc-section\" id=\"College_Savings_Strategies\"><\/span>College Savings Strategies<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2><span class=\"ez-toc-section\" id=\"529_Savings_Plans\"><\/span>529 Savings Plans<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Can be used for college<br \/>\nexpenses at any college or<br \/>\nuniversity<\/li>\n<li>Potential for state taxdeductions<\/li>\n<\/ul>\n<ul>\n<li>Account grows tax deferred<\/li>\n<li>Distributions for college expenses are tax free<\/li>\n<li>Ideal for long term accumulation needs<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Education_Savings_Trusts\"><\/span>Education Savings Trusts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Prepay tuition semesters for certain state public schools<\/li>\n<li>Lock in tuition at today\u2019s rates (deposits earn a rate of return equal to tuition inflation rate)<\/li>\n<li>Ideal for older children with less time for growth before college Cannot be used for other college expenses (but can be paired with a 529 account for other expenses)<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Supplemental_sources_for_college_expenses\"><\/span>Supplemental sources for college expenses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"401k_Plans\"><\/span>401k Plans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Most plans allow for an in-service loan up to 50% (up to $50k) of your account value to be taken out, usually at a low net interest rate<\/li>\n<li>5 year payback period.<\/li>\n<li>Potential tax liability if you leave your job before paying back the loan<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Student_Loans\"><\/span>Student Loans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Deferred payment student loans can provide you and<br \/>\nyour child time to get on better financial footing<br \/>\nbefore payments are due<\/li>\n<li>Help pay back loans without sacrificing your own<br \/>\nfinancial goals<\/li>\n<\/ul>\n<h1><span class=\"ez-toc-section\" id=\"Asset_Allocation_Techniques\"><\/span>Asset Allocation Techniques<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" data-attachment-id=\"12384\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/randomness-of-returns-in-the-market\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&amp;ssl=1\" data-orig-size=\"931,537\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"randomness of returns in the market\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=300%2C173&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12384\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=931%2C537&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=931%2C537&#038;ssl=1\" alt=\"\" width=\"931\" height=\"537\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27931%27%20height%3D%27537%27%20viewBox%3D%270%200%20931%20537%27%3E%3Crect%20width%3D%27931%27%20height%3D%27537%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=200%2C115&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=300%2C173&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=400%2C231&amp;ssl=1 400w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=600%2C346&amp;ssl=1 600w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=768%2C443&amp;ssl=1 768w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?resize=800%2C461&amp;ssl=1 800w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&amp;ssl=1 931w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 931px) 100vw, 931px\" data-recalc-dims=\"1\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Building_a_Balanced_Investment_Portfolio\"><\/span>Building a Balanced Investment Portfolio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Portfolio Building Process:<\/p>\n<p><img decoding=\"async\" data-attachment-id=\"12385\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/60-40-stock-bond-split\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?fit=334%2C302&amp;ssl=1\" data-orig-size=\"334,302\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"60-40 stock bond split\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?fit=300%2C271&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?fit=334%2C302&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12385\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?resize=334%2C302&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?resize=334%2C302&#038;ssl=1\" alt=\"\" width=\"334\" height=\"302\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27334%27%20height%3D%27302%27%20viewBox%3D%270%200%20334%20302%27%3E%3Crect%20width%3D%27334%27%20height%3D%27302%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?resize=200%2C181&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?resize=300%2C271&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split.jpg?fit=334%2C302&amp;ssl=1 334w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 334px) 100vw, 334px\" data-recalc-dims=\"1\" \/><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li>Determine Stock\/Bond Mix -60 Stock, 40% Bond<\/li>\n<li>Decide on US vs. International Mix 3. Determine US Large\/Mid\/Small Mix<\/li>\n<li>Determine International Developed vs. Emerging Markets<\/li>\n<li>Decide on Long\/Intrm\/Short Term Bond Holdings<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" data-attachment-id=\"12386\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/60-40-stock-bond-split-sample\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?fit=333%2C284&amp;ssl=1\" data-orig-size=\"333,284\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"60-40 stock bond split sample\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?fit=300%2C256&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?fit=333%2C284&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12386\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?resize=333%2C284&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?resize=333%2C284&#038;ssl=1\" alt=\"\" width=\"333\" height=\"284\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27333%27%20height%3D%27284%27%20viewBox%3D%270%200%20333%20284%27%3E%3Crect%20width%3D%27333%27%20height%3D%27284%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?resize=200%2C171&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?resize=300%2C256&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-bond-split-sample.jpg?fit=333%2C284&amp;ssl=1 333w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 333px) 100vw, 333px\" data-recalc-dims=\"1\" \/><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li>Determine Stock\/Bond Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 60% Stock,\u00a0\u00a0\u00a0\u00a0 40% Bond<\/p>\n<ol start=\"2\">\n<li>Decide on US vs. International Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 65% US Stock,\u00a0\u00a035% International Stock<\/p>\n<ol start=\"3\">\n<li>Determine US Large\/Mid\/Small<\/li>\n<li>Mix<\/li>\n<li>Determine International Developed vs. Emerging Markets<\/li>\n<li>Decide on Long\/Intrm\/Short Bond Term Holdings<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Neutral_Allocation_Russell_3000_Index\"><\/span>Market\u00a0Neutral Allocation Russell 3000 Index<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Asset classes were created in order to segment stocks by shared risk characteristics<\/li>\n<li>Each style box contains a basket of stock with comparable return and volatility expectations<\/li>\n<li><img decoding=\"async\" data-attachment-id=\"12387\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/traditional-consulting-style-box\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?fit=349%2C347&amp;ssl=1\" data-orig-size=\"349,347\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"traditional consulting style box\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?fit=300%2C298&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?fit=349%2C347&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12387\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?resize=349%2C347&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?resize=349%2C347&#038;ssl=1\" alt=\"\" width=\"349\" height=\"347\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27349%27%20height%3D%27347%27%20viewBox%3D%270%200%20349%20347%27%3E%3Crect%20width%3D%27349%27%20height%3D%27347%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?resize=66%2C66&amp;ssl=1 66w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?resize=200%2C199&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?resize=300%2C298&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/traditional-consulting-style-box.jpg?fit=349%2C347&amp;ssl=1 349w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 349px) 100vw, 349px\" data-recalc-dims=\"1\" \/>.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Building_a_Balanced_Investment_Portfolio-2\"><\/span>Building a\u00a0Balanced Investment \u00a0Portfolio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Determine Stock\/Bond Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 60% Stock, 40% Bond<\/p>\n<ol start=\"2\">\n<li>Decide on US vs. International Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 65% US Stock,<\/p>\n<p>35% International Stock<\/p>\n<ol start=\"3\">\n<li>Determine US Large\/Mid\/Small Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 72% Large, 20% Mid,\u00a0\u00a0\u00a0 8% Small<\/p>\n<ol start=\"4\">\n<li>Determine International Developed vs.<br \/>\nEmerging Markets<\/li>\n<li>Decide on Long\/Intrm\/Short Term Bond Holdings<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" data-attachment-id=\"12388\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/60-40-stock-split-with-international\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?fit=386%2C276&amp;ssl=1\" data-orig-size=\"386,276\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"60-40 stock split with international\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?fit=300%2C215&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?fit=386%2C276&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12388\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?resize=386%2C276&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?resize=386%2C276&#038;ssl=1\" alt=\"\" width=\"386\" height=\"276\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27386%27%20height%3D%27276%27%20viewBox%3D%270%200%20386%20276%27%3E%3Crect%20width%3D%27386%27%20height%3D%27276%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?resize=200%2C143&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?resize=300%2C214&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/60-40-stock-split-with-international.jpg?fit=386%2C276&amp;ssl=1 386w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 386px) 100vw, 386px\" data-recalc-dims=\"1\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Alternative_balanced_portfolio\"><\/span>Alternative balanced portfolio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Portfolio Building Process:<\/p>\n<ol>\n<li>Determine Stock\/Bond Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 60% Stock,\u00a0\u00a0 40% Bond<\/p>\n<ol start=\"2\">\n<li>Decide on US vs. International Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 65% US Stock,<\/p>\n<p>35% International Stock<\/p>\n<ol start=\"3\">\n<li>Determine US Large\/Mid\/Small Mix<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 72% Large, 20% Mid, <img decoding=\"async\" data-attachment-id=\"12389\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/split\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?fit=401%2C283&amp;ssl=1\" data-orig-size=\"401,283\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"split\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?fit=300%2C212&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?fit=401%2C283&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12389\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?resize=401%2C283&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?resize=401%2C283&#038;ssl=1\" alt=\"\" width=\"401\" height=\"283\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27401%27%20height%3D%27283%27%20viewBox%3D%270%200%20401%20283%27%3E%3Crect%20width%3D%27401%27%20height%3D%27283%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?resize=200%2C141&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?resize=300%2C212&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/split.jpg?fit=401%2C283&amp;ssl=1 401w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 401px) 100vw, 401px\" data-recalc-dims=\"1\" \/>8% Small<\/p>\n<ol start=\"4\">\n<li>Determine International Developed vs. Emerging Markets<\/li>\n<\/ol>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 75% Developed Intl Stock, 25% Emerging Markets Stock<\/p>\n<p>5.\u00a0\u00a0 Decide on Long\/Interm\/Short Term Bond Holdings<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fixed_Income_allocation\"><\/span>Fixed Income allocation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" data-attachment-id=\"12390\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/bond-allocation\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?fit=750%2C442&amp;ssl=1\" data-orig-size=\"750,442\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"bond allocation\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?fit=300%2C177&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?fit=750%2C442&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12390\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?resize=750%2C442&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?resize=750%2C442&#038;ssl=1\" alt=\"\" width=\"750\" height=\"442\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27750%27%20height%3D%27442%27%20viewBox%3D%270%200%20750%20442%27%3E%3Crect%20width%3D%27750%27%20height%3D%27442%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?resize=200%2C118&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?resize=300%2C177&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?resize=400%2C236&amp;ssl=1 400w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?resize=600%2C354&amp;ssl=1 600w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/bond-allocation.jpg?fit=750%2C442&amp;ssl=1 750w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 750px) 100vw, 750px\" data-recalc-dims=\"1\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Alternative_balanced_portfolio-2\"><\/span>Alternative balanced portfolio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Portfolio Building Process:<\/p>\n<p>Determine Stock\/Bond<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 60% Stock, 40% Bond<\/p>\n<p>Decide on US vs. International<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 65% US Stock<\/p>\n<p>35% International Stock<\/p>\n<p>Determine US Large\/Mid\/Small<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 72% Large, 20% Mid, 8% Small<\/p>\n<p>Determine International Developed vs. Emerging Markets<\/p>\n<p>&#8211; 75% Developed Intl Stock, 25% Emerging Markets Stock<\/p>\n<p>Decide on Long\/Interm\/Short Term Bond Holdings<\/p>\n<p>&#8211; 0% Long Term, 70% Intermediate,\u00a0\u00a0 30% Short Term<\/p>\n<p><img decoding=\"async\" data-attachment-id=\"12391\" data-permalink=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/allocations\/\" data-orig-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?fit=422%2C245&amp;ssl=1\" data-orig-size=\"422,245\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"allocations\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?fit=300%2C174&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?fit=422%2C245&amp;ssl=1\" class=\"lazyload alignleft size-full wp-image-12391\" src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?resize=422%2C245&#038;ssl=1\" data-orig-src=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?resize=422%2C245&#038;ssl=1\" alt=\"\" width=\"422\" height=\"245\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27422%27%20height%3D%27245%27%20viewBox%3D%270%200%20422%20245%27%3E%3Crect%20width%3D%27422%27%20height%3D%27245%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?resize=200%2C116&amp;ssl=1 200w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?resize=300%2C174&amp;ssl=1 300w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?resize=400%2C232&amp;ssl=1 400w, https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/allocations.jpg?fit=422%2C245&amp;ssl=1 422w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 422px) 100vw, 422px\" data-recalc-dims=\"1\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1><span class=\"ez-toc-section\" id=\"Retirement_Savings_Strategies\"><\/span>Retirement Savings Strategies<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>Three Types of Accounts<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tax_Deferred_assets\"><\/span>Tax Deferred assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Traditional IRA\u2019s, 401k, SEP,<\/li>\n<\/ul>\n<p>SIMPLE, KEOGH, 457, 403b, etc. \u2022Money goes in pre-tax, comes out as \u00a0 Taxable Income<\/p>\n<ul>\n<li>Pay no taxes on earnings<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Employer-sponsored_Retirement_Plans\"><\/span>Employer-sponsored Retirement Plans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>2013 limit: $17,500<\/li>\n<\/ul>\n<p>-+$5500 catch-up for those over 5o<\/p>\n<ul>\n<li>Maximize Employer Match &#8211; 100% return on investment<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Traditional_IRA\"><\/span>Traditional IRA<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Likely your largest asset during retirement<\/li>\n<li>All retirement plans you accumulate during working<br \/>\nyears will roll into this account<\/li>\n<li>Ideal if tax rates decrease in the future<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Tax_free_assets\"><\/span>Tax free assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Roth IRA, Roth 401k<\/li>\n<li>Money goes in after tax, comes out Tax Free<\/li>\n<li>Pay no taxes on earnings<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Employer-sponsored_Roth_401k_Plans\"><\/span>Employer-sponsored Roth 401k Plans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>2013 limit: $17,500<\/li>\n<\/ul>\n<p>+$5500 catch-up for those over 5o<\/p>\n<ul>\n<li>Money goes in after-tax, comes out tax free<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Roth_IRA\"><\/span>Roth IRA<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Maximum income of $112k single \/ $178k<br \/>\nmarried for 2013<\/li>\n<li>Roth(k)\u2019s will roll into Roth IRA<br \/>\n\u2022Ideal if tax rates increase in the future<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Taxable_assets\"><\/span>Taxable assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Pay taxes on interest and realized capital gains each year<\/li>\n<\/ul>\n<p>Investment Accounts<\/p>\n<ul>\n<li>Money goes in after tax, basis comes out tax free<\/li>\n<li>Pay tax on 1099 income each year<\/li>\n<li>Surplus account for savings when all other savings\u00a0options are max funded<\/li>\n<li>Pay capital gains tax rate on long term gains and qualified dividends<\/li>\n<\/ul>\n<ul>\n<li>Pay income tax rate on short term gains and ordinary dividends<\/li>\n<li>Balance of muni-bonds and tax managed equity funds makes this a perfectly viable savings opportunity<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Control_Your_Tax_Rate_During_Retirement\"><\/span>Control Your Tax Rate During Retirement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Balance Savings between Taxable, Tax Free, and Tax Deferred accounts<\/li>\n<li>Allow for strategic distributions during retirement<\/li>\n<li>Maximize tax bracket distributions<\/li>\n<\/ul>\n<p>example investor (age 72): needs $225,000\/yr<\/p>\n<ul>\n<li>Has Rental Property income of $18,000\/yr<\/li>\n<li>Social Security income of $36,000\/yr<\/li>\n<li>Pension income of $16,000\/yr TaxRate<\/li>\n<\/ul>\n<ul>\n<li>RMD for 2013 of $31,500<\/li>\n<\/ul>\n<p>Income Bracket<\/p>\n<ul>\n<li>Total Taxable Income of $101,500\/yr<\/li>\n<li>Pull $44,900 more from Tax Deferred Assets<\/li>\n<\/ul>\n<p>&#8211; Maximize 25% Tax Bracket<\/p>\n<ul>\n<li>Pull remaining $78,600 from Tax Free Assets and Taxable Assets<\/li>\n<\/ul>\n<h1><span class=\"ez-toc-section\" id=\"Basic_Estate_Planning\"><\/span>Basic Estate Planning<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>Make the\u00a0Decisions\u00a0Now<\/p>\n<p>-Or-<\/p>\n<p>The State Will Decide for You<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Will_Advanced_Directives\"><\/span>Will &amp; Advanced Directives<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Written document that outlines your final wishes, including:<\/li>\n<li>Designating a Guardian for your children<\/li>\n<li>Bequest assets and valuables to your heirs<\/li>\n<li>Make charitable donations<\/li>\n<li>Advanced Directives also specify what type of medical<br \/>\ntreatment you desire, should you become incapacitated<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Durable_Power_of_Attorney\"><\/span>Durable Power of Attorney<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>An advance directive, you provide another individual the<br \/>\npower of attorney to allow them to make bank transactions,<br \/>\nsign checks, apply for disability, etc., in the case of an incapacitating medical condition<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h1><span class=\"ez-toc-section\" id=\"What_to_Look_For_in_a_Financial_Planner\"><\/span>What to Look For in a Financial Planner<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>Look for a Certified Financial Planner &#8211; CFP<sup>\u00ae <\/sup><\/p>\n<ul>\n<li>Held to higher level of fiduciary care by the CFP Board of Standards<\/li>\n<li>Search for a CFP in your area at www.cfp.net<\/li>\n<\/ul>\n<p>Broker\/Dealer (BD)\u00a0 vs.\u00a0 Registered Investment Advisor (RIA)<\/p>\n<ul>\n<li>BD\u2019s charge commissions for products, leaving room for a potential conflict of interest<\/li>\n<li>RIA\u2019s charge an asset based management fee, aligning your interests with theirs<\/li>\n<li>RIA\u2019s are held to a 3(21) or 3(38) fiduciary standard to put your interests ahead of their own<\/li>\n<\/ul>\n<p>Review their Client Service History<\/p>\n<ul>\n<li>Check for a history of past client complaints at www.brightscope.com<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>None of this should be taken as financial advice.\u00a0 Please do your own research<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What we want to learn about financial planning Cash Flow Tracking &amp; Savings Techniques Insurance Planning College Savings Strategies Asset Allocation Techniques Retirement Savings Strategies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"jetpack_post_was_ever_published":false,"_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Planning for Physicians - LA Vascular<\/title>\n<meta name=\"description\" content=\"Financial Planning for Physicians - Radiology\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Planning for Physicians - LA Vascular\" \/>\n<meta property=\"og:description\" content=\"Financial Planning for Physicians - Radiology\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\" \/>\n<meta property=\"og:site_name\" content=\"LA Vascular\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/La-Vascular\/653140648036462\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-29T05:38:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg\" \/>\n<meta name=\"author\" content=\"LAVascularMD\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"LAVascularMD\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"ScholarlyArticle\",\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\"},\"author\":{\"name\":\"LAVascularMD\",\"@id\":\"https:\/\/lavascular.com\/#\/schema\/person\/db3db0b808137df5a4fe8da519689aed\"},\"headline\":\"Financial Planning for Physicians\",\"datePublished\":\"2022-03-29T05:38:09+00:00\",\"dateModified\":\"2022-03-29T05:38:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\"},\"wordCount\":1602,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/lavascular.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg\",\"articleSection\":[\"Radiology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#respond\"]}]},{\"@type\":[\"WebPage\",\"MedicalWebPage\"],\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\",\"url\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\",\"name\":\"Financial Planning for Physicians - LA Vascular\",\"isPartOf\":{\"@id\":\"https:\/\/lavascular.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg\",\"datePublished\":\"2022-03-29T05:38:09+00:00\",\"dateModified\":\"2022-03-29T05:38:09+00:00\",\"description\":\"Financial Planning for Physicians - Radiology\",\"breadcrumb\":{\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lavascular.com\/financial-planning-for-physicians\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&ssl=1\",\"width\":931,\"height\":537},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lavascular.com\/financial-planning-for-physicians\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/lavascular.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Medical Education Center\",\"item\":\"https:\/\/lavascular.com\/category\/medical-education-center\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Radiology\",\"item\":\"https:\/\/lavascular.com\/category\/medical-education-center\/radiology\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Financial Planning for Physicians\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lavascular.com\/#website\",\"url\":\"https:\/\/lavascular.com\/\",\"name\":\"LA Vascular\",\"description\":\"Vascular &amp; Health Education\",\"publisher\":{\"@id\":\"https:\/\/lavascular.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lavascular.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/lavascular.com\/#organization\",\"name\":\"LA Vascular\",\"url\":\"https:\/\/lavascular.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lavascular.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/lavascular.com\/wp-content\/uploads\/2014\/11\/LAVascular-logo.png\",\"contentUrl\":\"https:\/\/lavascular.com\/wp-content\/uploads\/2014\/11\/LAVascular-logo.png\",\"width\":260,\"height\":81,\"caption\":\"LA Vascular\"},\"image\":{\"@id\":\"https:\/\/lavascular.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/pages\/La-Vascular\/653140648036462\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/lavascular.com\/#\/schema\/person\/db3db0b808137df5a4fe8da519689aed\",\"name\":\"LAVascularMD\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lavascular.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aa918a4a613f5eae3a161ee68999e3f3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aa918a4a613f5eae3a161ee68999e3f3?s=96&d=mm&r=g\",\"caption\":\"LAVascularMD\"},\"url\":\"https:\/\/lavascular.com\/author\/lavascularmd\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial Planning for Physicians - LA Vascular","description":"Financial Planning for Physicians - Radiology","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lavascular.com\/financial-planning-for-physicians\/","og_locale":"en_US","og_type":"article","og_title":"Financial Planning for Physicians - LA Vascular","og_description":"Financial Planning for Physicians - Radiology","og_url":"https:\/\/lavascular.com\/financial-planning-for-physicians\/","og_site_name":"LA Vascular","article_publisher":"https:\/\/www.facebook.com\/pages\/La-Vascular\/653140648036462","article_published_time":"2022-03-29T05:38:09+00:00","og_image":[{"url":"https:\/\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg"}],"author":"LAVascularMD","twitter_misc":{"Written by":"LAVascularMD","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"ScholarlyArticle","@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#article","isPartOf":{"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/"},"author":{"name":"LAVascularMD","@id":"https:\/\/lavascular.com\/#\/schema\/person\/db3db0b808137df5a4fe8da519689aed"},"headline":"Financial Planning for Physicians","datePublished":"2022-03-29T05:38:09+00:00","dateModified":"2022-03-29T05:38:09+00:00","mainEntityOfPage":{"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/"},"wordCount":1602,"commentCount":0,"publisher":{"@id":"https:\/\/lavascular.com\/#organization"},"image":{"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage"},"thumbnailUrl":"https:\/\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg","articleSection":["Radiology"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/lavascular.com\/financial-planning-for-physicians\/#respond"]}]},{"@type":["WebPage","MedicalWebPage"],"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/","url":"https:\/\/lavascular.com\/financial-planning-for-physicians\/","name":"Financial Planning for Physicians - LA Vascular","isPartOf":{"@id":"https:\/\/lavascular.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage"},"image":{"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage"},"thumbnailUrl":"https:\/\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg","datePublished":"2022-03-29T05:38:09+00:00","dateModified":"2022-03-29T05:38:09+00:00","description":"Financial Planning for Physicians - Radiology","breadcrumb":{"@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lavascular.com\/financial-planning-for-physicians\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#primaryimage","url":"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&ssl=1","contentUrl":"https:\/\/i0.wp.com\/lavascular.com\/wp-content\/uploads\/randomness-of-returns-in-the-market.jpg?fit=931%2C537&ssl=1","width":931,"height":537},{"@type":"BreadcrumbList","@id":"https:\/\/lavascular.com\/financial-planning-for-physicians\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/lavascular.com\/"},{"@type":"ListItem","position":2,"name":"Medical Education Center","item":"https:\/\/lavascular.com\/category\/medical-education-center\/"},{"@type":"ListItem","position":3,"name":"Radiology","item":"https:\/\/lavascular.com\/category\/medical-education-center\/radiology\/"},{"@type":"ListItem","position":4,"name":"Financial Planning for Physicians"}]},{"@type":"WebSite","@id":"https:\/\/lavascular.com\/#website","url":"https:\/\/lavascular.com\/","name":"LA Vascular","description":"Vascular &amp; Health Education","publisher":{"@id":"https:\/\/lavascular.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lavascular.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/lavascular.com\/#organization","name":"LA Vascular","url":"https:\/\/lavascular.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lavascular.com\/#\/schema\/logo\/image\/","url":"https:\/\/lavascular.com\/wp-content\/uploads\/2014\/11\/LAVascular-logo.png","contentUrl":"https:\/\/lavascular.com\/wp-content\/uploads\/2014\/11\/LAVascular-logo.png","width":260,"height":81,"caption":"LA Vascular"},"image":{"@id":"https:\/\/lavascular.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/pages\/La-Vascular\/653140648036462"]},{"@type":"Person","@id":"https:\/\/lavascular.com\/#\/schema\/person\/db3db0b808137df5a4fe8da519689aed","name":"LAVascularMD","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lavascular.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aa918a4a613f5eae3a161ee68999e3f3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aa918a4a613f5eae3a161ee68999e3f3?s=96&d=mm&r=g","caption":"LAVascularMD"},"url":"https:\/\/lavascular.com\/author\/lavascularmd\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/posts\/12383"}],"collection":[{"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/comments?post=12383"}],"version-history":[{"count":1,"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/posts\/12383\/revisions"}],"predecessor-version":[{"id":12392,"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/posts\/12383\/revisions\/12392"}],"wp:attachment":[{"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/media?parent=12383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/categories?post=12383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lavascular.com\/wp-json\/wp\/v2\/tags?post=12383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}