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Robert Tucker, MD, MBA

Robert Tucker, MD, MBA

Robert Tucker, MD, MBA, is an accredited investment fiduciary with Plancorp, a St. Louis-based financial planning and management firm. Tucker practiced orthopedics for more than 25 years while overseeing operations, strategic planning, and retirement plans. E-mail him here.

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It makes sense to regularly review your financial goals, decide if you are on a path to meet them, and if you have assembled the best team to help you succeed.

Applying the same evidence-based thinking you use in your medical practice can actually create a more efficient investment portfolio for you personally.

Understanding your spending needs and creating a realistic savings plan is one of the cornerstones of a financial plan for physicians.

Don't lose time you could be managing your practice, seeing patients, or spending time with family to micromanage your finances. Get some outside help instead.

Developing a comprehensive strategy to decrease or transfer risk should be part of every physician's financial plan.

As a physician you must apply the same techniques to management of your personal finances that you would in evaluating and caring for a patient.

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