Physician Family Financial Advisors Blog

As a physician mom or dad, you put everything into your practice and your kids — so you want to do the right thing with the money you earn. This blog explores the topics that matter most to physician families: investing for retirement, saving for college, and raising financially responsible children.

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Solo 401(k) vs. SEP-IRA for Physicians With 1099 Side Income physician career retirement planning tax strategy Jul 15, 2026

You take a W-2 job for the bulk of your income, and then you pick up locum shifts, read studies on the side, sit on an advisory board, or moonlight a ...

Relocating for a New Attending Job? The State Tax Questions to Ask Before You Sign college savings physician career tax strategy Jul 15, 2026

You matched, you trained, and now a contract is sitting in your inbox with a number on it that finally reflects all those years. The base salary looks...

The QBI Deduction and Physicians: Why Most Specialists Phase Out, and Who Still Qualifies physician career residency & fellowship tax strategy Jul 15, 2026

If you have ever heard another business owner talk about the 20% deduction they get on their business income and wondered why it never seems to show u...

Physician Mortgage Loans: How They Work and When They Make Sense for Your Household cash flow & budgeting physician career real estate Jul 15, 2026

You finished training with a serious income on the horizon and a student-loan balance that still makes your stomach drop. Now a real estate agent, a l...

How Much Term Life Insurance Does a Physician Family Actually Need? financial planning fundamentals insurance physician career Jul 15, 2026

You signed up for a benefits portal during onboarding, clicked through a default amount of group life insurance, and have not thought about it since. ...

457(b) Plans for Hospital-Employed Physicians: Why Governmental vs. Non-Governmental Changes Everything physician career retirement planning tax strategy Jul 15, 2026

Your hospital benefits packet lands on your desk, and somewhere past the 401(k) and the 403(b) you spot a line for a 457(b) plan. The pitch is appeali...

S-Corp vs. Sole Proprietor for Locum Physicians: The Tax and Retirement Trade-offs physician career practice management retirement planning tax strategy May 12, 2026

If you're a locum physician, 1099 moonlighter, or independent contractor picking up shifts between W-2 jobs, at some point a friend, a CPA, or a podca...

$Disability Insurance Math for Dual-Physician Households: How Much Coverage Is Enough$

Disability Insurance Math for Dual-Physician Households: How Much Coverage Is Enough financial planning fundamentals insurance physician career May 12, 2026

When both spouses are physicians, the math on disability insurance changes in ways that surprise a lot of couples. The common advice you hear at resid...

The Attending Transition Checklist: 12 Financial Moves for Your First Year Out of Training cash flow & budgeting physician career retirement planning May 12, 2026

Welcome to the other side. After years of 80-hour weeks, overnight calls, and a paycheck that barely covered rent, your first attending contract is si...

PSLF vs. Refinancing: A Decision Framework for Hospital-Employed Physicians cash flow & budgeting physician career student loans May 11, 2026

If you finished residency carrying a large federal student loan balance, you already know the question that keeps coming up at every happy hour, in ev...

W-2 Plus 1099 Hybrid: A Financial Planning Playbook for Moonlighting Attendings physician career retirement planning tax strategy May 11, 2026

You took the hospital job for the stable paycheck, the benefits, and maybe a predictable call schedule. Then a friend mentioned a weekend locum gig th...