Hospital Retirement Plans
Physician Mortgages
Protect Against Personal Lawsuit
Moonlighting Income
How to Protect Income
Life Insurance in a Financial Plan
How to Save
Do you know much about the retirement plans at your hospital? Discover the differences between all the most popular and likely retirement plans offered in hospitals to understand and determine where they fit in your plan.
Buying a house is one of the more important decisions we make, yet we don't take the time to understand the details of our own mortgages. As a physician, you have options on how to obtain a mortgage, and here you can quickly get insight into some of the pros and cons in obtaining a physician mortgage. Hosted by Paul Morton, CFP®, ChFC® Further Reading: https://www.m-advisor.com/blog/physician-mortgages Further Reading: https://www.m-advisor.com/blog/physician-mortgages
As a professional, how do you protect your income and assets against personal lawsuit? This episode explores the fundamentals in protecting income against events outside your control.
Do you have moonlighting income? Here you will find some education on how your moonlighting income works and some practical tips on ensuring your moonlighting income helps you, not hurts you. Adding extra income can certainly be a good thing, yet it's important to understand how that income can affect you. Additionally, understanding what's at stake can help you plan ahead. Hosted by Paul Morton, CFP®, ChFC® Further Reading: https://www.m-advisor.com/blog/pros-and-cons-of-w-2-income-vs-1099
Protecting income against sickness and injury isn't always simple. In the fundamentals in financial planning, your investment decisions can provide long-term benefits, whether you continue working or not. This episode explores the fundamentals in protecting income against events outside your control. Hosted by Paul Morton, CFP®, ChFC® Further Reading: www.m-advisor.com/blog/free-advice-to-ask-your-car-insurance-agent-try-this
Income is your financial plan's most valuable resource. Protecting income is a fundamental necessity in your plan, and it's often one of the first steps in a financial plan, but I have always felt this purchase had been rushed and minimized. Purchasing life insurance is an emotional decision, and those emotions aren't discussed. A life insurance policy often acts as a love letter to your family, and purchasing a life insurance policy is a selfless act. What decisions are you making when you purchase a policy? Do you have a goal for the insurance? Did you purchase enough life insurance or not enough? This episode explores the fundamentals in protecting income against events outside of your control. Hosted by Paul Morton, CFP®, ChFC® Here's some further reading: Article: https://www.m-advisor.com/blog/life-insurance-dos-and-donts Article: https://www.m-advisor.com/blog/life-insurance-decision-making
We are excited to introduce the M Advisor Podcast with Paul Morton, CFP®, ChFC®! This first episode discusses some foundational components of your plan: how to save. There is a ton of information about what to do with savings or even how much to save, but I don't see many people discussing how to save effectively. This podcast explores some simple and practical ways to create savings habits that make sense! Once your income reaches a level where it covers your basic monthly expenses, you can begin to save more comfortably and more intentionally. Focusing on saving, rather than focusing on expenses, can propel your financial plan forward. Click below to listen to the podcast. For more information, read these articles: https://www.m-advisor.com/blog/your-new-budget https://www.m-advisor.com/blog/maximizing-your-monthly-savings
I'm happy to announce the M advisor podcast. The M advisor podcast is intended to provide financial education on the emotional side of money for busy professionals such as physicians, dentists, executives, and business owners. The intention of the M advisor podcast is to instill clarity on what to do inside your financial plan, and just as important, the M Advisor Podcast seeks to help you understand why. Each person has unique goals, important relationships, and different desired outcomes, so it doesn't make sense for everyone to have the same financial plan. The uniqueness of each person and each situation should be reflected in the uniqueness of their financial plan. The M advisor podcast celebrates that uniqueness and serves as a guide to enhance your own unique life goals and accomplishments. If you are a busy professional seeking practical information to guide life's big decisions that speaks to both your rational and emotional well-being, the M advisor podcast is for you. Paul Morton, CFP®, ChFC®