Your greatest asset is you and your ability to do your job. As a medical professional, you have devoted a decade or more to education and training and countless dollars with the likelihood of student loans. So the logical first step of your financial plan should be to protect yourself.
In my opinion, long-term disability insurance is probably one of the most important but overlooked insurance for young professionals. If you are in your 20s, 30s, or even 40s, what do you think is your biggest financial asset? Money in your bank? Your car? Your house? Many of you may not realize that the most valuable financial asset you currently have is probably the value of your future income. Long-term disability insurance is a great tool to help you protect it.
Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.