If you are one of the many Indian physicians who worked in United Kingdom (UK) for a period of time during your career, you most likely accumulated some funds in a UK Occupational Pension account. Until recently, this money remained invested in the account until your turned 65 years old….
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The correlation between a high-income occupation and net worth is not inherently a positive one. When I think about this truism, I am reminded of medical practice, one of the noblest professions in the world. The concepts of finance and accounting are alien for many doctors, since you of course…
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When most people think of a successful careerist, including medical professionals, they think of someone who can afford a lavish lifestyle and its entrapments—a home in a gated high-rise community, a swanky car or two, and the best educational institutions for their children. If these successful careerists are queried on…
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Mid-career financial planning: Diversify your assets to ensure a secure future
Established doctors who are busy and are at the peak of their careers typically see an exponential rise in their incomes. By virtue of this income growth, they manage to acquire their first house, a bigger clinic, and can save for important investments such as their children’s education. “Asset allocation…
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