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Personal Finance Wellness for New Attendings
Russell Seth Martins1, Kostantinos Poulikidis1, Faiz Y Bhora2
1Division of Thoracic Surgery, Department of Surgery, Hackensack Meridian School of Medicine, Hackensack Meridian Health (HMH) Network, Edison, NJ 08820, USA.
Abstract:
New attending surgeons should consider hiring a Certified Financial Planner with experience in the surgical profession while also utilizing accessible resources to improve their financial literacy. They should acquire adequate life and disability insurance, devise debt-repayment strategies, and plan for retirement by contributing to tax-advantaged accounts and diversifying investments. New attending surgeons should also be cognizant of the financial implications of important personal life events, such as marriage and childbirth. Having a financial team is important, and this may consist of a financial advisor and surgeon mentors.
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