I started my medical career thinking I’d enjoy a lifetime of financial security. If I just took good care of my investments, I’d be able to say “yes” to the nicer things I want my family to enjoy.  To be honest, I didn’t watch my money that carefully. I thought there would always be plenty.

Then came the Affordable Care Act, higher taxes, rising business costs and falling reimbursement.  I’ve had my financial wakeup-call. I’m not alone. Go into any doc’s dining hall and you’ll hear physicians from all specialties ask, “Can I afford to retire, or will I be working until I’m 70?”

When my patients have complex medical issues, I send them to a specialist.  Why would my financial destiny be any different?

Given the challenges of being a physician today, how can I accumulate more for my family and retirement?