High quality retirement planning advice for medical professionals? Dr Good Money is a Doctor who is Good with Money. The Idea of Dr Good Money came with the experience of the Financial Challenges doctors got exposed to during Covid times. It was a general opinion that Doctors profession is stable and recession proof, which till now was considered to be true, and to some extent it actually is. But, OPDs were shut, Surgeries are being delayed, and patients also prefer tele calling with Doctors as visiting hospitals may expose them to more risk, that showed doctors Income may also be in distress in some situations.
You Will get a Wealth Monitor,as in online Real time view of your Investments and Assets, to have a clear Idea on where you are going. The Earlier you Start, better it is. But In Financial Planning its never too late. If you are a beginner or have already started investing or have been investing for quite many years, but are not sure which direction you are going and if you are on Right Track or not.
This is the Optional step where we execute the plan and put you on medications (Read Investments). If we need to involve other professionals here like CA, Lawyers, Insurance experts etc. we may do under your permission. Since the results depend on lot many uncontrollable factors so we do the monitoring, half yearly and annual review of the Investments and Financial Plan, to ensure we remain on Track always.
Manikaran Singal is the Founder and Chief Financial Planner at Dr Good Money. Manikaran is MBA Finance (Gold medalist), Certified Financial Planner and SEBI Registered Investment Adviser. Having 17+ years of extensive experience, he is managing clients across the globe. He has authored a book titled – “The Art of Being Good with Money” published by CNBC TV 18, India’s Biggest Media House. He is a Regular Contributor in leading Media Houses and his articles keep getting published in different prominent business magazines and Journals. He is of the strong Opinion that Money Behaves the Way you treat it. and if you really want to get Good out of it, first you have to behave good with it. Discover additional info on retirement planning for doctors.
Do you also earn Commissions from Selling Investments? How to ensure unbiased advice? No. We will always be on your side of table. We are not associated with any Product manufacturer, and thus do not earn any commission. We being SEBI Registered Investment adviser are allowed to earn only directly from clients. How Long will it take? You said Lifelong Relationship and I am not Comfortable with that. Its Ok. You may go with our Plan RICH Service, where the association gets over once the plan is complete. We will give you a detailed advise which you may execute on your own. However, if you want you may come back for review after a Year or as and when you want. Its a One time service.
You understand the Importance of Procedure, Process, Protocols. You follow the same diligently while treating your Patients. A Registered and Certified Financial Planner follow the strict process and don’t prescribe without diagnosis. Monitors as per checklist and Do Timely Review of Vitals. A Chemist is not a Doctor, who knows this better than you. Still patients go to Chemists to avoid Doctors Fees and also to get easy solutions. But ultimately it is the doctor who cures them fully. You also have to understand this and talk to financial doctors (Planners) for your financial health. Yes You are different from your colleagues. your needs and requirements are different than your Friends, your story is different. You just can’t copy them. One size does not fit all in Financial planning. A good financial Planner will Understand your requirements, your risk profile, your goals, your family profile and needs, Short medium and long term goals and then only advice you on the action steps. See additional information at https://drgoodmoney.com/.