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RSRS has assembled some sound advice from experts in the financial and legal fields geared to you, the physician. The following is an excerpt from RSRS’ new guide: “Getting Ready to Retire: Financial and Estate Considerations for Retiring Canadian Physicians.” What are the key points to keep in mind when a retiring doctor is incorporated? If your practice […]

RSRS has assembled some sound advice from experts in the financial and legal fields geared to you, the physician. The following is an excerpt from RSRS’ new guide: “Getting Ready to Retire: Financial and Estate Considerations for Retiring Canadian Physicians.” What key estate planning documents should a doctor have prepared in advance of retirement? A will is a […]

RSRS has assembled some sound advice from experts in the financial and legal fields geared to you, the physician. The following is an excerpt from RSRS’ new guide: “Getting Ready to Retire: Financial and Estate Considerations for Retiring Canadian Physicians.” When a doctor retires, is there an opportunity to transition the practice to another doctor and enjoy the […]

RSRS has assembled some sound advice from experts in the financial and legal fields geared to you, the physician. The following is an excerpt from RSRS’ new guide: “Getting Ready to Retire: Financial and Estate Considerations for Retiring Canadian Physicians.” How should a retiring doctor plan for the disposition of the office premises, lease and equipment? If you […]

RSRS has assembled some sound advice from experts in the financial and legal fields geared to you, the physician. The following is an excerpt from RSRS’ new guide: “Getting Ready to Retire: Financial and Estate Considerations for Retiring Canadian Physicians.” After retirement, should a doctor maintain life/disability insurance? Critical illness/long term care insurance? Disability insurance provides protection while […]

RSRS has assembled some sound advice from experts in the financial and legal fields geared to you, the physician. The following is an excerpt from RSRS’ new guide: “Getting Ready to Retire: Financial and Estate Considerations for Retiring Canadian Physicians.” How can a doctor earn additional income after retirement? Retiring from private practice by no means suggests that all […]

What were they thinking? Some years ago, a retiring Ontario doctor opted to store his paper patient records in his cottage boathouse, which ended up collapsing, sending all 50-plus boxes floating into the lake. Venturing out in a rowboat, the distressed doc fished the boxes and their accompanying soggy pages of personal medical data out […]

“It’s such a high being a doctor; you’re making a difference in people’s lives. Once you retire, what do you do for an encore?” Those words come from Dr. Chris Carruthers, who’s 72 and retired at age 65 after 35 years as an orthopedic surgeon practicing in Ottawa. Carruthers enjoys a stimulating second mini-career as […]

When physicians have, for decades, defined their identities by what they do for a living, when they retire and are no longer that, what are they? “Closing your practice isn’t just about an ending — there’s a new beginning waiting for you. But it will call for careful planning to ensure your next stage of life […]