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Financial planning 101 for Canadian physicians

As a physician, there can be many unique challenges, including financial ones. At MD, we understand this. Compared with other people your age, it’ll take you longer to establish your career and when you do begin practice, you’ll probably start off with a lot of debt. We can help.

Keeping up with the demands of residency is stressful every day is filled with studying and working, working and studying and it feels like you have no time for anything else.

As a physician, there can be many strains on your lifestyle, including financial ones.

At MD, we get you. Having worked exclusively with physicians just like you for over 50 years, we specialize in your financial well-being and understand the unique financial needs of your current situation.

Compared with other people your age, it’ll take you longer to become established in your career and when you do begin practice, you’ll probably start off with a lot of debt.

That’s normal for a physician, considering the years of school you paid for, and the many other expenses that came along with training but, as normal as it may be, it can impact the things you want to do in your life, and when you want to do them at MD we refer to these as your ‘financial goals’.

Maybe you want to buy a home pay down debt or start investing.

We can help you prioritize these decisions and make you feel confident in them and that’s what financial planning is all about.

It’s ongoing conversations with financial professionals, to help you establish your personal goals and determine how you can achieve them while still, you know, having a life!

At MD, our advisors are dedicated to helping physicians like you navigate your financial journey and make informed decisions that are unique to you and your situation.

So your money will keep evolving as much as you do!

Reach out to an MD advisor, so we can help you live your best life today, and tomorrow.