"Must Read" Comprehensive Guides
Every successful investor needs a solid foundation in key financial topics. That’s why we created this “Learning Center,” a centralized resource featuring comprehensive guides designed specifically for high-earning professionals. These guides will be updated annually to stay current with changing legislation and IRS tax laws.
The content covers the core financial areas that a typical optometrist is likely to encounter throughout their career.
- What Should I do First? A Complete Guideline Step-by-Step
- The Optometrist's Guide to Student Loans
- The Optometrist's Guide to Student Loan Refi
- The Optometrist's Guide to Retirement
- The Optometrist's Guide to Roth IRA and Backdoor Step-by-Step Guide
- The Optometrist's Guide to Investing 101
- The Optometrist's Guide to Short Term Investing
- The Optometrist's Guide to Disability Insurance
- The Optometrist's Guide to Life Insurance
- The Optometrist's Guide to Side Hustles
- 2025-2026 Comparison Retirement & IRS Limits
- The Optometrist's Guide to Business Financing
- The Optometrist's Guide to Writing a Business Plan
Related Articles
9 Financial Tips For Optometry Students
As an optometry student preparing to enter the field, it’s important to understand the financial implications that come with this profession. From budgeting for school supplies to managing debt and investing in your future—all these responsibilities add up quickly! With these 9 financial tips, you’ll equip yourself with the knowledge needed to navigate a successful career as an optometrist.
State of ODs on Finance: 2022 in Review, and a Look at 2023!
It’s hard to believe, but the year 2022 has vanished in the blink of an eye. This past year, we’ve had the pleasure of seeing ODs on Finance continue to grow and help ODs on their financial journey, whether they be new grads or seasoned veterans. We are thankful for your attention, your questions and your contributions. Two tenets that hold paramount value to us at ODs on Finance are transparency and productive growth. In this letter, we will highlight how our community has grown, the various methods we provide value to our community, exciting new projects/acquisitions for 2023, and a look at our commercial interests/disclosures – trust us, you’ll want to read this! Here is a quick recap of 2022!
Action Plan: What To Do with My Optometry Student Loans Before 2023?
Our inbox has been getting slammed with ODs asking for advice on what to do with their federal student loans as we get closer to the 0% forbearance expiration date of 12/31/22. Politics aside, based on the most recent federal news which removes a lot of uncertainty that we had last month, we are going to break it down with some actionable plans that optometrist can take:
The Optometrist’s Guide to Short Term Investing
With the recent volatile market and pending economic recession, many investors are looking to hold their cash in a relatively safe place, especially as our economy faces surging inflation. In this article, we will talk about short term investments and where we can place these funds, aside from just storing cash. What is a short-term investment?
3 Take-Aways That Optometrists Should Know About Biden’s Student Loan Debt Relief
On Wednesday, Aug 24, 2022, President Biden, along with the US Department of Education announced a three-part plan to help student borrowers with federal loans transition back to regular payments. In addition, we do want to let our members know that it took us a little while to gather our thoughts after the dust settled to address our community.. So let’s begin with the facts first and any questions that optometrists might have. PART 1: Final extension of the student loan repayment + 0% Interest pause forbearance until 12/31/2022
$182K in 2.75 years | Balancing Residency, Future Goals and Aggressive Loan Payoff with Dr. Andreas Zacharopoulos O.D
When we think about paying off student loans, it is hard to couple the ideas of finishing a residency and also knocking out student loan debt quickly. Simply put, a residency provides great experience but comes at a cost – a year of well-below average wages. Despite this hurdle, our Student Loan Success Story and active ODs on Finance member Dr. Andreas Zacharopoulos was able to knock out his debt and start setting himself up for financial success. In this article, Andreas gives us a detailed account of how he paid off his student loans and some helpful strategies for overcoming some common struggles in the quest for financial freedom.
7 Optometry Student Loan Updates Before End of 2022
I cannot believe that it is the end of 2022. It has definitely been a crazy past 2 years with a lot of ever-changing federal legislations regarding student loans. As we approach the federal 0% interest benefit expiration date on January 31, 2022, here are some 7 new updates in the world of optometry student loans.
Three Important Tax Facts for Optometrists Investing in Cryptocurrency
For the past two years, as we have been in the middle of a global pandemic, many Optometrists have become interested in cryptocurrencies. This article will explain some of the basic questions you may have about cryptocurrency from a tax point of view.
What Happens to My Optometry Student Loans if I Die, Become Permanently Disabled, or Become Bankrupt?
Optometrists graduate with an average of $200,000+ in student loan debt, usually at a federal interest rate of 6.8%.. It is no wonder why many optometrists are worried about not being able to pay off their massive debt if they are unable to take home a large doctor’s salary. Even more fearful, a lot of ODs are worried that their loved ones will be stuck with their debt upon their passing or permanent disability.In this article, we will clear up some misconceptions around student loans (both federal & private) in regards to death and permanent/total disability.