10 Tips and Traps for the Relocating PhysicianJul 13, 2022
A physician has made the decision to change jobs or move out of state. What answers should a physician receive before they accept a new position? What key factors should a physician know before they establish new residency, such as taxes, insurance, debt, and retirement? How should a physician plan their move to avoid huge impacts to their life? Every physician's situation is different, tune in to learn ten tips and traps before you decide to take the leap and relocate yourself and your family.
ASK A QUESTION
Send your questions about taxes, investing, extra money, retirement, college, and financial parenting to [email protected] or call the Physician Family Answer Line at (503) 308-8733.
IN THIS EPISODE
- [00:42] Get a tax projection from a CPA,
- [2:48] Tips about insurance and how to set it up before changing locations/jobs.
- [6:06] Tips and traps with college savings.
- [10:44] Tips and traps for debt.
- [16:30] What to look for when hospitals are offering loan repayment as a benefit.
- [17:30] Tips and Traps for retirement.
- [25:10] Every physician’s situation is different when you move to a different state. Make sure to plan accordingly to avoid major impacts to your life.
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