"Must Read" Comprehensive Guides

Every successful investor need to have a solid foundation on important financial topics. This is why we create this sort of "Learning center" where we will create full comprehensive guides for high earning professional that we will update each year to keep with current legislations or IRS tax laws


This will cover the basics of each vital financial areas that the typical optometrist might encounter in his or her career.


 

Related Articles

Overview of the Optometry Student Loan Market June 2024

Overview of the Optometry Student Loan Market: June 2024

With the incoming class of new optometry doctors entering the profession last month, new graduates today are facing a steeper hill regarding their student loans. The latest 2023 Optometry Income Report shows an average student loan debt of around $230,000, with about 8% of doctors having a debt burden exceeding $300,000.

What Should I Do First A Complete Guideline Step-By-Step For ODs

What Should I Do First? A Complete Step-By-Step Guide For Optometrists

Here is a “Guideline” list of financial steps that we hope will get you started, but should be adjusted to your own personal situation as an optometrist.

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2024 Optometrist Income Report

With increasing student loan debts, an ever changing economy, and a profession that continues to withstand disruption – many optometrists begin to question their associated worth as practitioners.  While the old phrase “comparison is the thief of joy” rings true in certain facets, comparison to get a true sense of trends in salary, debt load…

The Optometrist’s Guide To Student Refinancing

The Optometrist’s Guide To Student Loan Refinancing

Optometrists often accumulate multiple loans from federal and private lenders to fund their doctor education, which results in an average debt load of $220,000. The majority of these loans are federal loans which have an average interest rate of 5.5-6.8%.Then the majority of doctors will end up refinancing their student loans to save thousands of dollars in interest. Here is your comprehensive guide to the student loan refinancing process and understanding how underwriting works.

16 End-of-Year Financial Checklist For Optometrists In 2023

16 End-of-Year Financial Checklist For Optometrists in 2023

As 2023 draws to a close, it’s vital for optometrists to focus on financial planning for a stable and prosperous future. This checklist, designed for eye care professionals, will guide you through key year-end financial tasks. While not every item may apply to your practice or personal finances, reviewing each one ensures you don’t miss important opportunities or obligations.

Comparison Retirement & IRS Limits

2023-2024 IRS limitations for Optometrists

With inflation rising at all time highs, it definitely seem that the IRS is adjusting quite drastically for most of these accounts for 2023! While all of these limits might seem higher, remember that it is mainly keeping up with inflation, which the consumer index is estimated at 8%. in 2022. Please use these important limit to adjust your financial planning for 2023 especially for any retirement plans!

October 2023 Market Update for Optometrists Latest Economic & Financial Trends

October 2023 Market Update for Optometrists: Latest Economic & Financial Trends

The economic landscape is characterized by a steady 3.7% inflation and cautious actions from the Federal Reserve, particularly in managing interest rates to avoid potential economic downturns. While some economic indicators like GDP growth appear robust, there’s a visible undercurrent of economic stress and mixed expert predictions regarding a potential recession in 2024.

The Holland's Journey Paying off $660,000 Student Debt in 5 12 Years

The Holland’s Journey: Paying off $660,000 Student Debt in 5 1/2 Years

We want to share our stories to help other young optometrists who are struggling with their student loans. We are both practicing optometrists and managed to overcome a massive obstacle together: paying off $660,000+ in student loans in just 5 1/2 years. Sounds impossible right? But let’s start from the beginning.

Student Loan Must-Read Strategies to Tackle Optometry Student Debt

UPDATE: Must-Read Strategies to Tackle Optometry Student Debt

After an enduring three-year period, the final COVID-19 student loan forbearance is drawing to a close on August 30, 2023. Recognizing the natural apprehension that some optometrists might be feeling as this date nears, our team has been working tirelessly to develop strategies to support all our borrowers, especially new graduates stepping into the workforce!