Michael Imparl

Nip Lifestyle Creep in the Bud, Before it Gets Out of Hand

A common experience for many physicians is that despite earning significantly more than they did during their training years, they are still living paycheck to paycheck. Many physicians struggle financially through medical school, residency, and for some, a fellowship. Salaries are modest, cost of living can be high, and many are burdened with student loans. …

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Health Savings Accounts Offer a Triple Tax Benefit

Here’s How Health Savings Accounts Offer a Triple Tax Benefit One of the greatest benefits of being covered under a High Deductible Health Plan (HDHP) is the ability to save into a Health Savings Account (HSA) and receive tax-preferred treatment on money saved for medical expenses. Specifically, HSAs provide a triple tax benefit. Contributions are …

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Cookie Cutter Retirement Plans Could Leave You with Not Enough Dough

How much money do you need to retire?  That’s the hot topic of discussion among physicians across the country.  Many of them use online tools, some simply make a guess based on what their colleagues or relatives have done, while still others follow what they have read or seen in various financial media.  Unfortunately, these …

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