Financial planning for physicians and medical professionals.
You spent years in training and took on a lot of debt to get here. Your financial plan should take that into account.
A high income, a lot of debt and very little time.
Doctors usually start saving later than their friends, carry big student loans and land in higher tax brackets. I’ve spoken to residents through the MUSC McClennan-Banks Resident Society and worked with Morehouse School of Medicine, so I know the questions physicians ask, and the ones they should be asking.
Student loan strategy
A plan to manage and pay down medical school debt alongside your other goals.
Disability insurance
Coverage options designed to protect your specialty income if you can’t practice.
High-income tax planning
Strategies to use retirement accounts and deductions more effectively.
Catch-up retirement saving
A plan to make up for the years spent in training.
Asset protection
Life and umbrella coverage that protects your family and what you’ve built.
Practice & career transitions
Planning for a new position, partnership or the move toward retirement.
Planning that grows with your career.
Residency
Budgeting, loan strategy and protecting your future income early.
Early attending
Avoiding lifestyle creep while building savings and coverage.
Mid-career
Maximizing tax-advantaged accounts and growing investments.
Pre-retirement
Turning your savings into a reliable retirement income.
Physician planning FAQ
When should a physician start financial planning?
As early as residency. The choices you make in your first few years about debt, disability insurance and saving have a big effect later on.
Should I pay off student loans or invest?
It depends on your interest rates, repayment program, career path and goals. We’ll model the options side by side so you can decide with clear numbers.
Why does disability insurance matter so much for doctors?
Your ability to earn is often your largest asset. Disability coverage is designed to replace part of that income if illness or injury keeps you from practicing.
How is Scipio Financial compensated?
We charge a fee based on a percentage of the assets we manage for you. You can see the full fee schedule here. If insurance is part of your plan, the insurance company pays a commission. We’ll go over all of it before you decide anything.
Let’s see if you can retire with confidence.
The first meeting is complimentary, and there’s no obligation. Bring your questions and we’ll look at where you stand together.
Monday–Friday · by appointment
700 Nexton Square Drive, Box #2
Summerville, SC 29486
