Retirement: 401k, Roth IRAs, College Funds, and More
In the following discussion, financial retirement preparation issues are addressed so that a surgeon is financially prepared for retirement. We discuss assembling an advisory team, determining the financial target, and obtaining the financial goal considering income benefits and asset accumulation benefits. Short- and long-term investment strategies including Social Security, pension plans, annuities, individual retirement arrangements (IRAs), life insurance, stocks, bonds, and mutual funds are reviewed. Retirement for the surgeon requires careful financial planning to maintain an acceptable quality of life.
KeywordsAdvisory team Finance Income benefits Social security Pension plans Annuities Savings account Life insurance Retirement plan
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