Financial Planning
Start with a comprehensive, personalized roadmap
Your dedicated Earned Advisor will develop a custom plan that becomes a roadmap from where you are today to where you want to go. Your plan is specifically linked to your unique career circumstances and connects the dots across investing, tax and estate planning, insurance, and debt and cash management.
Personalized financial plan taking into account your career stage, personal context, and financial goals
Actionable insights across key value generation areas systematically implemented using Earned’s Doctor Wealth Playbook
Net worth calculations inclusive of student loans, practice ownership, and real estate
Why it's important:
A financial plan identifies and prioritizes your goals and outlines ways to reach them. We monitor your plan and progress, dynamically adjusting to changes in your career, life, and priorities. Our comprehensive and doctor-specific planning process helps you unlock your full wealth potential.
See how Earned supports doctors with:
Charting a path to retirement that meets personal goals
When she first came to Earned, this doctor thought the earliest she could retire from full-time work was age 70. After better understanding her financial situation and personal goals, her Earned Advisor developed a comprehensive Financial Plan that scaled back the doctor's portfolio risk level and utilized Roth Conversions, among other strategies, to enable a path to retirement from full-time work at age 55 instead.
How it works
Using the secure documents feature in the Earned Wealth App, you’ll complete a financial questionnaire and upload tax returns, which will inform savings opportunities
See how Earned is working to achieve your goals
Through the Earned Wealth App, you will clearly see how Earned is working on your behalf to achieve your goals. Seamlessly share information and connect with your Earned Advisor when it works for your schedule.
Explore the Playbook
Our Doctor Wealth Playbook is a proprietary process that we use to identify, prioritize, and action wealth creation opportunities for our doctor clients. Explore the next pillar in the playbook, Investments.
Your assets are secure
Your assets are custodied at Fidelity and protected by SIPC. As one of the nation’s largest institutional custodians, Fidelity oversees $4 trillion in assets under administration. Fidelity’s financial stability, its compliance with industry regulations, and its insurance protection via the Securities Investor Protection Corporation (SIPC) all serve to help safeguard your investments.
Frequently Asked Questions
You deserve more than a standard planning process where one size fits all. Our advisory team will engage in a discovery process to custom build a tailored plan for your needs and goals, which may include investing, career analysis, insurance, and tax and estate planning, and debt and cash management.
Tax Planning
3 New Year's Financial Tasks For Physicians
January is a good time to figure out finances for the rest of the year, and maybe the next decade or more. Tax documents arrive, and with them, opportunities to see what adjustments you wish you’d made last year and can make now. It’s also a good time to figure out what you want 2024 to look like. Vacations? Changing jobs? Taking on locum tenens work? Starting a new practice? Buying out a partner? Charity work? All of those things involve money.
Career & Healthcare Industry
The Changing Landscape of Physician Noncompete Agreements
Industry experts estimate that at least 37% of American physicians have signed noncompete agreements as part of their employment. While these agreements have typically forced doctors to relocate when taking a new job, a wave of new legislation is poised to change how physicians navigate the industry.
Career & Healthcare Industry
Money Management for Doctors
Our goal at Earned is to provide the financial education and advisory that physicians deserve, so we’ve put together a list of the 5 main tips about money management for doctors, so you can learn what they are and how to plan around them.
Retirement
Report: Only 17% of Eligible Workers are Saving Money in Their Roth 401(k)
While more and more employers are offering the after-tax savings accounts to their employees, workers have been slow to incorporate them into their retirement plans. However, many savers — physicians included — could greatly benefit from doing so.
Disclosures
The information in this communication was prepared for educational purposes only and is not a solicitation to buy or sell any security or insurance product, nor an offer to provide investment advice. All examples are for illustrative purposes only and may not be relied upon for investment decisions. Nothing contained herein should be construed as legal or tax advice and is not intended to replace the advice of a qualified tax advisor or legal professional. The information presented may have been compiled from third-party sources we believe to be reliable but cannot guarantee its accuracy or completeness.
This communication contains past investment recommendations for illustrative purposes only. Earned Wealth makes no assurances, nor should it be assumed, that recommendations made in the future will be profitable or will equal the performance of the securities included in this presentation. Due to various factors including changing market conditions, such recommendations may no longer be appropriate; nor should any past recommendation be taken as personalized investment advice.
Earned Wealth is an SEC-registered investment adviser. Additional information about Earned Wealth, including its services and fees, is available online at http://adviserinfo.sec.gov/.
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Investment advisory services offered through Earned Wealth, an SEC-registered investment adviser.