Equitta // Financial Ally for Early Career Physicians

Hey early-career physicians: figuring out your finances can feel confusing and frustrating... especially when you're already stretched so thin. ❓Finding disability insurance ❓Figuring out the best repayment strategy for your student loans ❓Sorting out how much house you can afford ❓Getting life insurance ❓Negotiating attending job offers ❓Making the right benefit elections ❓Figuring out how much to save and where to invest ❓Plenty more... It's a lot. But we've got your back. Meet Equitta: one of the only national financial advisory firms focused on early-career physicians. Overwhelmed by the financial complexities of being an early-career physicians? Getting your finances in order is soooo much closer than it may feel. #physicians #residents #medicalresidents #doctors

Wondering if you should pay off your student loans and medical school debt immediately after – or even while you’re still completing – your training? While the urge to eliminate debt fast is understandable, it can sometimes have adverse effects on both your short- and long-term finances. Learn more, click the link in our bio for the full video. https://lnkd.in/gkMfXnAv #studentLoans #MedicalSchool #Physicians #Debt

Paying off student loans can be daunting. It's easy to want to pay them off straight away and forget about them. But that might not always be the best approach. In this video James talks about how waiting to pay off your student loans can sometimes benefit you in the long run. In this new video, James shares a real world example of a client he worked with who could have saved over a million dollars by waiting for loan forgiveness rather than early repayment. Click the link below to learn more! https://lnkd.in/gkMfXnAv #StudentLoans #MedicalSchool #FinancialAdvisor #Debt

Today, James Pommert tackles the age-old question: "Should you pay off your student loans as fast as you can?” While there’s no one set answer that applies to every early-career physician, James notes that putting extra funds toward your medical school or student loan debt can sometimes be detrimental. That’s because many physicians qualify for the Public Service Loan Forgiveness (PSLF) program. Watch the full video to learn more about what that program is and why it matters 🔗 https://lnkd.in/gkMfXnAv #PSLF #StudentLoans #FinancialAdvisor #MedicalSchool

Have you ever had an "Anti-Sales" call? A what⁉️ We’ll talk through the financial questions, headaches, and goals that are top of mind for you. If we can help, we’ll tell you exactly how. If not, we’ll help you find someone who can. We never try to sell. We just try to help. https://lnkd.in/ekKQkDak #Physicians #FinancialAdvisors #FinancialPlanning

Physicians face unique financial challenges, and a Roth IRA conversion strategy could be a game-changer for your retirement planning. 💡 This blog breaks down the benefits and considerations to help you decide if a conversion is right for you. Click the link below! 🔗 ⬇️ https://lnkd.in/giJWqjFV #RetirementPlanning #PhysiciansWealth

Getting your finances in order is so much closer than it feels. We are here to help! Check out our approach and chat with us today: https://lnkd.in/ekKQkDak #FinancialAdvisor #FinancialGoals

In this video, James shares how a #RothIRA conversion strategy can significantly impact your #financialfuture and could help you save on taxes. “When someone won't need to access their Roth assets, that allows us to potentially be a bit more aggressive in how they are invested in those accounts.” Watch the full video to learn different investment strategies! https://lnkd.in/grdKZkRj

Using tax planning software, James shows us how changing the #investmentstrategy for a client's Roth assets resulted in significant growth – potentially giving them nearly $1 million more by age 90. Plus, this strategy can help younger family members, too. A Roth IRA conversion strategy can result in a larger inheritance and, in some cases, reduce the tax burden on heirs, since Roth assets are typically tax-free for beneficiaries. This isn’t just about numbers on a page – this strategy could make a real difference in your #financialfuture. We make these complex concepts easy to understand and provide helpful visuals, so you can see how a little strategic planning now can potentially pay off in big ways later. https://lnkd.in/grdKZkRj

In our latest video, James dives into these topics when it comes to preparing for #retirement: ➡️ Starting at age 73, individuals are required to take required minimum distributions (RMDs) from their pre-tax retirement accounts. ➡️ Although paying #taxes earlier reduces assets in the short term, the strategy can potentially lead to greater asset growth in the long run. ➡️ A Roth conversion can also reduce the taxable amount that beneficiaries inherit, allowing them to receive more tax-free money. Check out the full video here: https://lnkd.in/grdKZkRj