by Financial Designs | Jun 22, 2020 | Blog, Investment
By Ryan Johnson “There is simply no telling how far stocks can fall in a short period… your mind may well become rattled by scary headlines and breathless commentary. And an unsettled mind will not make good decisions.” – Warren Buffett, Berkshire Hathway 2017...
by Financial Designs | May 20, 2020 | Blog, Tax
By Terry Westlund, ChFC Note: This post was updated to reflect 2025 numbers. Remember the big hub-bub about tax reform at the end of 2017? The new rules included a significant change that benefited many independent contractor physicians (those with 1099 income). If...
by Financial Designs | Apr 28, 2020 | Blog, Insurance, Investment, Residents, Tax
By Katie Bennett, ChFC® Congrats! After years of hard work, little sleep and lots of determination, you have finished medical school and residency, and your paycheck finally reflects a physician’s salary. The jump from the average residency pay of $67,400 to a...
by Financial Designs | Apr 21, 2020 | Blog, Insurance
By: Katie Bennett The inevitability of death is never fun to talk about. However, to ensure a well-thought-out financial plan, you must take the time to consider what will happen to your finances when you (or your spouse) pass away. Life insurance should especially be...
by Financial Designs | Dec 19, 2019 | Blog, Insurance, Investment, Recruiters, Residents, Tax
By Terry Westlund, ChFC® As an independent contractor (1099) physician, there can be a lot of moving parts to managing your taxes and overall finances. Sometimes it’s hard to decide where to start. See our top tips below to ensure you are maximizing the unique...
