Why Young Physicians Need Life Insurance

Posted on: January 17, 2013 by Chuck Krugh, CFP

Life insurance is one of the most widely owned financial instruments because it can fulfill so many different needs. While the overriding need for most people is to provide financial security for those who are dependent in one way or another on a bread-winners income, the specific reasons people buy it are wide-ranging. If you […]

Posted in: Financial Planning Life Insurance Money Management Physician Money Management

Should Physicians Own Term Life or Whole Life Insurance?

Posted on: January 13, 2013 by Chuck Krugh, CFP

The decision to buy life insurance is one of the most important that we can make in our financial lives. It requires careful consideration of our needs, concerns and priorities. When the decision is finally made it brings a sense of relief and comfort to most, until they begin the agonizing process of deciding which […]

Posted in: Financial Planning Life Insurance Money Management Physician Money Management

Brace Yourself for the Tax Hike You Didn’t See Coming

Posted on: January 11, 2013 by Chuck Krugh, CFP

Well, everyone saw it coming didn’t they? With the last minute agreement over a Fiscal Cliff deal, the tax hike on the “rich”, also referred to as the 98%, has become law. The good news for some physicians is that the income threshold designated as “rich” was increased to $450,000 from $250,000. So, anyone whose […]

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Asset Allocation through the Physician’s Life Cycle

Posted on: January 5, 2013 by Chuck Krugh, CFP

As you age your lifestyle needs change as do your investment outlook and priorities. For most physicians, the longer their time horizon, the more risk they are willing to take in order to achieve better returns on their investments. Then, as their time horizon shortens, they tend to become less tolerant of risk with a […]

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When Physicians Should Change Their Life Insurance Coverage

Posted on: January 2, 2013 by Chuck Krugh, CFP

The one thing of which physicians can be certain is change.  Life happens every day and, as a result, we are constantly assessing our situation and changing our course, usually by making small adjustments.  A life insurance purchase is one of the few decisions we make with a more long term perspective. But, over time, […]

Posted in: Financial Planning Life Insurance Money Management Physician Money Management