Financial Planning Through the Stages of a Veterinary Career – Part 2 – The First Five Years
Posted by Josh Ervasti on Tue, 03/28/2023 - 11:38
Congratulations on graduating from veterinary school! Now that you have completed your education and entered the workforce, it's time to start thinking about your financial future. In this blog post, we will discuss some important financial planning considerations for the first 5 years after graduating from veterinary school.
Financial Planning Through the Stages of a Veterinary Career – Key Insurance Protections Throughout Your Career
Posted by Joshua Ervasti on Fri, 03/24/2023 - 16:55
As a veterinarian, you are healthcare professional who plays a critical role in ensuring the health and wellbeing of animals. However, just like any other healthcare profession, there are risks associated with practicing veterinary medicine. From malpractice lawsuits to personal injuries, you need to protect yourself from these risks by having the right insurance coverages.
Here are some of the key insurance coverages that you should consider throughout your career
Financial Planning Through the Stages of a Veterinary Career - Part 1 – An Overview
Posted by Joshua Ervasti on Fri, 03/10/2023 - 15:35
Each stage of a veterinarian’s career brings unique financial planning considerations, with each stage building on the last.
That’s what we’ll explore in this series of articles, “Financial Planning Through the Stages of a Veterinary Career”. In them we will look at the financial considerations of each stage of your carers and provide insight that we hope will help you navigate the options, and avoid some of the speed bumps and roadblocks along the way.
SECURE Act 2.0 impacts on Required Minimum Distributions (RMDs)
Posted by R² Financial Strategies on Thu, 03/09/2023 - 14:06
The Secure Act 2.0, which was signed into law in December 2022, made significant changes to the required minimum distribution (RMD) age for retirement accounts.
Disability Insurance for Veterinarians: Why it’s important, and how it works
Posted by Joshua Ervasti on Wed, 03/08/2023 - 18:47
As a veterinarian, you've invested a lot of time, energy, and money into your education and career. You're passionate about helping animals and their owners and are dedicated to providing excellent care. But have you considered what would happen if you were unable to work due to an injury or illness? This is where disability insurance comes in, and why it's essential for veterinarians.
Retirement Savings Options for Solo and Relief Veterinarians
Posted by Josh Ervasti & Carter Mallett on Tue, 02/07/2023 - 17:20
As a solo-veterinarian or relief veterinarian, retirement savings is a crucial aspect of your financial plan. While working in this field, you might face a challenging lifestyle, with irregular working hours, along with unpredictable income and more. However, with the right savings plan in place, you can ensure a comfortable retirement. In this article, we will discuss different retirement savings options available to you, the contribution limits, and the tax benefits based on the type of retirement account you choose.
