Life After Residency Seminar: Beyond The Paycheck Recap
Navigating Your Future: Insights from Financial and Career Experts
The American Society of Black Neurosurgeons (ASBN) recently hosted the second session of the Life After Residency Seminar Series, designed to equip neurosurgery residents and fellows with the essential tools for a smooth transition into attending practice. This session featured two distinguished speakers: Kyle Wort from Larson Financial, a leading financial advisor for physicians, and Dr. Edie E. Zusman, FAANS, a neurosurgeon with extensive leadership experience.
Financial Strategies for Neurosurgeons – Kyle Wort, Larson Financial
Kyle Wort provided an in-depth discussion on the financial challenges and opportunities facing new attendings. Key takeaways included:
Disability Insurance is a Must – Your earning potential is your greatest asset. Own-occupation, specialty-specific disability insurance is essential to protect your future income.
Smart Student Loan Management – Understanding loan repayment options, refinancing opportunities, and tax-efficient strategies can help you tackle debt wisely.
Investing Early and Often – Prioritizing tax-advantaged accounts like Roth IRAs and ensuring a balanced investment strategy can maximize long-term wealth.
Choosing the Right Financial Advisor – Selecting an independent fiduciary who acts in your best interest can help you avoid common financial missteps.
Missed the seminar? Check out the the section featuring Kyle Wort here:
Transitioning from Residency to Attending ship – Dr. Edie E. Zusman, FAANS
Dr. Zusman shared career strategies and negotiation insights to help early-career neurosurgeons navigate their first job contract successfully. Key insights included:
Evaluating Practice Settings – Understanding the pros and cons of academic, private practice, and hospital-based models is critical for long-term career satisfaction.
Contract Negotiation Essentials – Ensure clarity on salary structure, RVU expectations, call stipends, and future growth opportunities before signing.
Recognizing Workplace Culture – Identifying red flags early can help avoid toxic environments. Behavioral interviewing can reveal the true dynamics of a workplace.
Leaving on Good Terms – If a job is not the right fit, extricating yourself gracefully while protecting your reputation and future opportunities is key.
Missed the seminar? Check out the section featuring Dr. Edie E. Zusman here:
This engaging session provided residents with invaluable tools to make informed financial decisions and career choices. Whether you’re preparing to negotiate your first contract or looking for smart financial planning strategies, these insights will set you up for long-term success.