Episode Summary:

In this episode, Nate Reineke and Ben Utley discuss the potential financial implications for physicians in light of recent political changes, particularly focusing on the questions surrounding government policies and public service loan forgiveness (PSLF). They also address listener inquiries about financial planning for 2025, including insights on donor advised funds (DAFs), retirement strategies, and health insurance considerations.

Key Takeaways:

- Impacts on Federal Benefits: The conversation regarding the safety of federal pensions and benefits under changing administrations is crucial for physicians with federal employee status.

- Federal Employee Retirement System (FERS): Understanding how proposed changes may affect the Thrift Savings Plan and pension benefits is important for financial planning.

- Public Service Loan Forgiveness (PSLF): Clarifications on how PSLF works and factors influencing eligibility should be top of mind for many physicians.

- Investment Decisions: The discussion reflects on how political changes can lead to uncertainty in investment strategies, emphasizing the importance of long-term planning.

- Value of a Financial Plan: Staying informed and prepared with a solid financial plan provides clarity amidst uncertainty.

Call to Action:

For more information, visit www.physicianfamily.com.

Disclosure: See marketing disclosures at www.physicianfamily.com/disclosures.

Closing Thought:

Remember, you’re not just making a living; you’re making a life. Pursue what lights you up!