Having a PA degree confers wealth status. With the average annual salary of certified PAs estimated at $115,000 and a median annual salary of $105,000, as a PA, you will be in the top quartile of earners in the United States. So, it came as a surprise that while I was a student on rotations, I noticed […]
The Wealthy PA
The Wealthy PA Part 2: The Three Student Loan Repayment Strategies
With soaring tuition costs, student loans are now one of the largest sources of consumer debt outside of mortgages. The average PA student graduates with $100,000 – $200,000 in student loan debt. For comparison, the average student loan debt is $57,520. Not only do we PAs carry 3x-5x more in debt compared to other professions, […]
The Wealthy PA Part 3: Long Term Disability Insurance (and How to Buy it)
If you lost the ability to work as a physician assistant, how would you pay for anything?
Many people think they are adequately covered through their work but here is a newsflash – you’re probably not.
State Disability is temporary and Social Security Disability is notoriously difficult to get approved for and only covers a fraction of your income.
The supplemental disability insurance offered by most employers is often short-term, covering only months of living expenses.
This is why you need to purchase your own long-term disability insurance either through your employer or an independent agent.