Dr. Carolyn McClanahan

Dr. Carolyn McClanahan, a physician-turned-certified financial planner, emphasizes the intertwined nature of health and wealth. She discusses the unique financial challenges women face, particularly in caregiving roles. McClanahan advises on long-term care planning and the importance of creating a holistic aging plan. She highlights how mental health affects financial well-being and the need for transparent financial communication in partnerships. Listeners learn that it's never too late to seek comprehensive planning tailored to their health.

In this discussion, Dr. Carolyn McClanahan, a former physician now certified financial planner, shares her expertise on retirement planning tailored for medical professionals. She delves into crucial topics like determining retirement savings, the necessity of long-term care insurance, and effective tax strategies. Dr. McClanahan also addresses the challenges faced by the sandwich generation—balancing financial responsibilities for aging parents and children. Her insights pave the way for a secure and fulfilling retirement for those in the medical field.