Financial Planning Program for Medical Residents
Why Residents Need Specialized Financial Planning
Medical residents face challenges that traditional financial advice cannot solve. Between student loan debt, modest income, and the transition to a much higher attending salary, the decisions you make during training can shape your long-term financial health. Our Resident Program was built to help you take control of your money now and create a foundation for lasting wealth
How the Program Begins
Most programs typically start when a resident coordinator invites our team to present. After the session, residents can schedule individual meetings to begin personalized financial planning and receive a clear action plan for their unique situation.
What the Program Covers
- Student Loan Strategy: PSLF guidance, repayment options, and refinance timing
- Budgeting and Cash Flow: Practical tools to manage limited income during training
- Insurance Education: Disability and life insurance tailored to medical professionals
- Tax Planning Basics: Deductions, credits, and moonlighting income considerations
- Investing During Residency: Roth IRA and retirement savings strategies that grow over time
- Transition to Attending Salary: Prevent lifestyle inflation, set savings targets, and maximize wealth-building opportunities
Benefits of the Resident Program
- A personalized financial planning roadmap
- Confidence in handling loans, insurance, and benefits
- A strategy to grow wealth early in your career
- Support from Residency into your first attending years, and beyond
Start Building Your Financial Future
Your future salary will give you opportunities to build wealth quickly, but only if you have the right plan in place. The Resident Program ensures you enter your attending years with a financial strategy designed for success.
Schedule a complimentary consultation to meet individually and take the first step in your financial planning journey.