Writing an article on financial planning for doctors is my favourite topic because 70% of my clients are doctors. During my practice I have worked with doctors from many different branches and with different age groups, like few of them are very young say between 32 to 35 years old and have just started their practice, few of them are at the middle of their career and at the age of around 42 to 50 and some are senior and close to their retirement.

So from my experience I have understood one thing about doctors that their financial life is different than other professionals like lawyers, architect or entrepreneurs in many aspects like their career start very late, at the earlier stage of their career they are loaded with loans, strong cash flow starts only after 38 to 40 years, they cannot delegate their core work to others and are always running short of time. On the basis of my experience I would divide a doctors life into four stages as per the below graph.