Why Are More Medical Professionals Ditching the Typical IRA Strategy?
For years, medical professionals have followed the “safe” financial advice—build a practice, serve patients, and diligently contribute to a retirement account. But lately, many are becoming frustrated as their portfolios limp along in today’s market.
Even though they’ve been doing everything traditional financial experts said they needed to do, their portfolios still aren’t growing as they expected. As the stock market’s fluctuations destroy their wealth, the idea of consistent growth feels more like a pipe dream than reality.
This hits high-income professionals like doctors and dentists especially hard because they’re used to being in near-complete control of their outcomes. In their practices, they make…