PracticeLink Magazine

FALL 2018

The career development quarterly for physicians of all specialties, PracticeLink Magazine provides readers with feature articles, compensation stats, helpful job search tips—as well as recruitment ads from organizations across the U.S.

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24 F A ll 2018 Practice l ink.com Practice differently DaVita Medical Group is creating an innovative environment that is flexible for our clinicians and empowers you to do what's best for your patients every day. Our goal is to help you find professional and personal success. 21739 01-18 ©2018 DaVita Inc. Care for life, community for life We're where you want to be. Opportunities available in CA, CO, FL, NM, NV and WA FIND YOUR PLACE Visit us online to learn more about career opportunities near you. JoinDaVitaMedicalGroup.com or email Heather.K.Hill@davita.com • Achieve work-life balance with a focus on quality metrics. • Grow your career with programs, tools and career paths designed just for you. • Enjoy competitive salaries, bonus potential and a comprehensive benefit package. Do you have any advice for physicians who want to start a blog or a podcast? Make sure it is something you feel passionately about because you probably won't ever make a significant amount of money — and even if you do, you'll basically be working for free for at least two years. But the barrier to entry is low. You could do it for $50 for your first year, so you're really just wasting your time if it doesn't work out. You won't go broke. Anything you'd like to add? If I could only give five financial tips to doctors, they would be: 1 Live like a resident for two to five years out of residency to pay off your student loans, save up a down payment on your dream home and catch up to your college roommates with a retirement nest egg. 2 Maxing out retirement accounts reduces you r ta xes, boosts re t u r n s, fa c i l it ate s e st ate planning and protects your assets. 3 Whole life insurance is a product made to be sold, not bought. It's frequently sold to physicians inappropriately, never necessary and almost never appropriate. 4 Put 20 percent of your gross i ncome towa rd ret i rement throughout your career, and you'll retire wealthy. 5 If you use a financial adviser, make sure you're paying a fair price for good advice. Win! Find your next practice— and enter to win a $500 gift card— at PracticeLink.com/Win.

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