ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 140: The Financial Life Cycle of Emergency Physicians

Having worked with ER docs for 15 years, we’ve heard so many stories, emotions, mistakes, and opportunities surrounding money. Oftentimes these sentiments are complex and require deep discussions and understandings. What we’ve done is distilled everything we’ve heard and experienced down to the various life stages during the career of an emergency physician.

On today’s episode, we’ll discuss three specific financial case studies, pose necessary questions to ask in each of these financial lifecycles, and see how much they’ve changed over the past decade.

Topics Discussed:     
  • Why we decided to focus on the ER Docs.
  • What initially shocked us about the financial situation of ER docs.
  • What we wrote and how it may have changed over the past decade.
  • Our first case study, the pressures she faced, and how it still applies today.
  • The key things that are unique to ER docs compared to other specialties.
  • The dilemma of starting retirement savings later and the options available to ER docs.
  • Apprehension over working with financial advisors while wanting guidance moving into retirement.
  • Important questions to be asking as you begin planning retirement finances.
  • Things that haven't changed much when it comes to ER doc finances over the last decade.

Resources Mentioned:


ER doctor, emergency medicine, emergency doctor, ER, financial planning, Envision, Physician staffing, ER staffing