1706 - Financial Education and Wellness for the Early and Mid Career Physiatrist

Friday, October 21, 2022

3:30 PM – 4:45 PM ET

Location: 343-344

Session Director(s)

Kenton Hagan, MD, MBA, MSF

Attending Physician
Advanced Orthopedic Specialists
Fayetteville, Arkansas

Disclosed no relevant financial relationships.

PDF of Slides

Moderator(s)

Ann Hulme, MD

Assistant Professor
Indiana University Health
Indianapolis, Indiana

Disclosed no relevant financial relationships.

This session will provide education related to personal finance, retirement accounts, investment vehicles, risk tolerance self identification and management, and life/disability insurance products focused at individuals currently in medical and PM&R training as well as early-to-mid career physiatrists. Specific areas of focus will be related to student loan management, pros and cons of various retirement/investment accounts, and pros and cons of various investment vehicles (stocks, exchange traded funds (ETFs), mutual funds, bonds). Additionally, various behavioral finance theories and risk management tools will be presented to allow attendees to self identify strategies that may be best suited for their financial goals.

Learning Objectives:

Basic and intermediate understanding of financial instruments such as stocks, bonds, ETFs, cryptocurrency, and real estate.
Basic to intermediate understanding of student debt management strategies and the effects long term compounding interest can have on debt loan and financial wellness.
Understanding of the role of financial advisors, identifying an ethical advisor, and risks/benefits of working with a financial advisor.
Basic understanding of financial risk and the tools available to understand individual risk tolerance to guide current and future financial decisions.