Key Financial Considerations for Medical Professionals 1 . Debt Management: Strategize student loan repayment, credit cards, and personal loans. 2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA). 3. Investments: Diversify portfolios with stocks, bonds, mutual funds. 4. Insurance: Protect income, assets, and family with life, disability, liability insurance. 5. Tax Optimization: Minimize taxes through deductions, credits. 6. Estate Planning: Establish wills, trusts for asset protection.
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