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At the end of your residency or fellowship, you’ve probably amassed somewhere between 15,000 and 30,000 hours of studying throughout your academic and professional careers… yet how many of those hours were spent learning about personal and professional finance?
Why? How? What? Who?
This book explores the essential questions when it comes to personal and business financial planning for the physician. You’ve dedicated years to mastering medicine, now take charge of your future with this roadmap to financial well-being. Whether you are about to step out of residency or step into retirement, this will help guide decisions on how to accumulate, spend, and help preserve your assets.
The Physician’s Financial Playbook was initially developed for an OBGYN who asked for some books that she could read that covered these topics through the lens of a physician. Amazed at the lack of material, this project began to give the busy doctor an easy to digest financial literacy manual.
The author, Jordan R. Hampton, is a financial advisor for Raymond James and Associates, but grew up running the halls, sleeping in call rooms, and eating in the cafeteria of hospitals while his mother worked as a Physician for her patients. It’s through this experience that he saw how a Doctor’s career is molded by transition, challenge, and reward. Seemingly overnight, one’s income leaps and the ability to begin actively pursuing personal dreams and financial goals becomes a reality… but the lack of financial literacy and planning can quickly derail a doctor with debt, a growing practice, and a shortened investment window.