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The Best Career Advice for Physicians

Good advice — the kind that sticks with you and serves you well — is priceless. We asked physicians and clinical staff to share the best career-related guidance they ever received. Here's what they said.



How can you reduce taxes if you run a practice? Funding a retirement plan with pretax dollars, an HSA, and more can get you started


Doctors are used to making quick decisions, but when it comes to some tasks, you have to think ahead. Prep time is your friend.


While people don’t often use home equity, it can be a “buffer” if things go poorly. Here are a few ways to use it as an asset.


Many expenses go away or are reduced when you retire. In some cases, you may be able to maintain on 15-30 percent less annual income when you are retired.

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A recent study looked at the effect miscommunication had on malpractice claims. The results show the value in being clear and concise with patients.

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Physicians investing with brokerage firms have to be careful not to get ripped off by brokers taking more than their fair share.

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There are a lack of minorities represented in healthcare professions. Action must be taken to address this issue.


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