The PharmD FP Blog

An update on the pre-payment of the Child Tax Credits that some are starting to receive in July. What are they for and should you start planning on having to pay it back at the end of the year?

The decade of your 30s is a big make or break period of your life, financially. You are still young enough to take risk and old enough to finance it. Don't let the potential of this time of your life slip away!

The amount of cash you should hold in your bank accounts is determined by a number of different factors. But how can you tell if you're holding to much or to little? In this blog we dive into answer those questions and more!

PharmD Financial Planning is a financial planning firm that specializes in working with pharmacists and their families. But what other information should you know about us? In this blog, we dive into what makes us different than most other financial planning companies out there.

Starting a family is an exciting time. I can say from personal experience that the days are long but the years go by fast. The days get extra long when you find yourself up multiple nights in a row with a baby that doesn't sleep! Outside of those occurrences, there isn't much more in life that can bring you as much joy as being apart of a loving family. However, regardless of what your family dynamic is, you shouldn't let your financial wellbeing take a back seat.

Having a tax-focused understanding of your investments is an important component of preserving wealth. Here are a few tips for high-earners.

How much does a financial advisor cost? You've gotten to the point in your life where hiring a financial professional seems like the next best move. You are looking for that trusted individual who is going to help guide you through all the financial obstacles you anticipate running into in the near future. Whether you are a young family looking to grow your wealth or a pre-retiree looking to confidently enter your golden years, hiring a financial advisor can make sense in a lot of ways. In this blog we dive in to determine how much it might cost you.

The American Rescue Plan of 2021 made dramatic changes to Dependent Care FSAs and the Dependent Care Tax Credit. Which one will provide you with the most economic benefit for the remainder of 2021?

For some, a 401(k) is a retirement lifeline. It's the culmination of years of saving, hard work, and sacrifice. So how well do you really understand it? Are you confident enough in your understanding to maximize all the benefits? It's more critical now than ever to be able to answer, What Is A 401(k) And How Does It Work.

For many pharmacists, homeownership is a big goal. However, many times the decision of whether to save money or pay off a mortgage early is a decision that comes up often. In this blog, we explore the advantages and disentangles of paying off a mortgage early.

Financial well-being is loaded term. It can mean many things to many people. It's almost impossible to give it a description. To some, it's chasing wealth, status, and financial abundance. To others, it's contentment, peace of mind, or becoming financially stress free. That's the beauty of financial well-being. You get to narrow the scope and define it for yourself. However, for a lot of us that process can be hard to internalize. So in this blog post we are going to share what our top five tips are for pharmacists to achieve their version of financial well-being.