At May Financial Solutions, we understand the financial and personal challenges that come with a career in the healthcare industry. We have proudly served physicians for over 30 years and are prepared to work with you every step of the way, from residency until retirement. No matter your specialty or what challenges you face, it is our goal to help you develop a strong financial plan so that you can devote your time and energy to what matters: your loved ones and your patients. From student loans to asset protection, taxes to retirement, and debt to insurance, our team knows that the finances of health care providers can differ from those of other professionals, and we’re committed to tailoring your financial strategy specifically to you and your career.
Retirement planning is crucial for physicians or other health care providers in order to stay on track and retire on time. While many careers only require four to six years of education, allowing individuals to save for retirement within years of graduating high school, the medical field requires a much longer investment and you can easily fall behind without proper planning. Our job is to help you address your finances so that you can comfortably retire on time.
Unexpected adverse events can happen at any time. Permanent life insurance provides death benefit protection, creditor protection in certain states, and the ability to accumulate cash value, which can help safeguard the transfer of policy proceeds to your beneficiaries, such as your children and grandchildren. We can help you figure out which course of action is right for your specific situation and objectives.
You would not be where you are today if it were not for hard work and years of education. Unfortunately, your education probably came at a high price, in the form of student loans. We want to help you address your obligations, making paying them off a reality: our financial strategies will help meet your objectives so that your career, not your debt, can be the center of your focus.
We know that there’s a high likelihood you entered the medical profession because you want to do good in your community and help others. If giving to a cause has been on your mind but you’re unsure of the best approach, consult with us today and we’ll help you make regular donations to a charity part of your personal financial strategy.
Planning for your children’s education can be overwhelming, especially if you just finished paying off student loans of your own. Our May Financial Team will work with you to take into account factors such as tuition growth, risks, taxes, and more, to create a strategy best suited to the needs of both you and your children. Talk to us about education funding today.
We do not provide tax advice. Please consult your own advisors for tax advice.
No health care office can run smoothly without the help of administrative staff, managers, nurses, physician’s assistants and other staff members. This team keeps patients satisfied, schedules complete and priorities in order. Benefits, such as medical and dental insurance and paid leave, help ensure that your employees are dedicated to staying with your practice. Our job is to help you decide which benefits are best for your company.
Medical and dental insurance are available through one or more carriers not affiliated with New York Life Insurance Company, depending on carrier authorization and product availability in your state or locality.
If your family’s main provider cannot work due to illness or injury, disability insurance protects your income so that you can maintain stability. In addition to medical expenses, income is usually reduced or even terminated at the onset of an illness or injury.
Our agents can help you protect your current lifestyle and long-term goals. As the main provider for your family, you should strongly consider disability insurance if your spouse does not believe he or she could maintain financial stability with only one income.
Individual disability insurance is available through one or more carriers not affiliated with New York Life Insurance Company, depending on carrier authorization and product availability in your state or locality.