Most folks, including doctors, do not end up staying in their first jobs long-term. In this episode of Financial Clarity for Doctors, Corey Janoff and Rachelle Vanderzanden talk over some of the financial implications of career transitions.
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These implications include:
- Changes in income amounts and the structure of pay
- Differences in work requirements
- Tax differences from place to place
- Things to look for in retirement plans and how to compare them
- Other benefits, including insurances
- How to negotiate as you consider a change
This episode also covers many of the reasons physicians may choose to switch jobs and how to make transitions as smoothly as possible. Job changes can be hugely stressful, and being well-informed is a very important part of that process. Listen to the full episode for more to keep in mind as you think about making this big life change!
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Finity Group, LLC and Cambridge are not affiliated. Cambridge does not offer tax or legal advice.