Baystate MD

Financial Planning for Physicians

HAVE YOU HAD YOUR FINANCIAL CHECK-UP?

Since we opened our doors in 1901 we’ve developed the experience and expertise to better understand what our clients need to be successful. Put that knowledge to work and discover what is possible when the focus of an award-winning firm is on YOU.

Physicians often start making “real money” in their mid-30’s, just about the time you needed to buy a house, pay off student loans and cover the cost of childcare. A good financial planner for doctors can help you start earlier and save more so that you don’t find yourself burned out and wishing you had put away more money earlier in your career. At Baystate Financial we’re more than professional… we are proactive. We understand the demands of practicing medicine and raising a family, and we know “financial stuff” can slip through the cracks unless somebody makes it a priority. That “somebody” is us.

Contact BaystateMD at 844-836-7362 to meet with an advisor.

Successfully navigate through your many financial options

The Baystate Financial Medical Division * (Baystate MD) was created to specifically address the unique challenges that face physicians and medical practitioners in today’s financial environment. We help medical practitioners, at all stages of their careers, plan for the financial future for themselves, their practice and their families.

Mid Career Practitioners: Breaking

Physicians have a distinct disadvantage in meeting mid-life financial demands because of delayed entry into the workforce. Doctors are challenged to pay down hefty student loan debt while making up for the earning-time gap. They need expert financial advice to cover mid-life household expenses and avoid a major shortfall at retirement.

Working with Baystate Financial, mid-career doctors can develop detailed cash-flow plans, formulate strategies to maximize after-tax returns on their investments and monitor their continual progress.

Late Career Practitioners: Meaningful Wealth

Doctors nearing retirement prefer to have a firm grasp of the financial and tax implications of winding down their careers, as well as estate planning and securing adequate resources to enjoy a comfortable retirement. Making realistic assumptions about the future is a key attribute of a quality long-term retirement plan.

Introducing Baystate Financial

Guiding you every step of the way

Taxes, insurance, investments… and student loans. Financial “stuff” can be overwhelming, so how do you make sense of it all? Step by step, your BaystateMD Advisor walks you through the process of getting organized, setting goals, making a plan and taking action to get on track for financial security.

We know doctors don’t keep banker’s hours, so we make sure we’re available when you are: early mornings, lunchtime, evenings and occasionally weekends.

Contact BaystateMD at 781-876-4141 to learn more.