Doctors Put the medStream Plan Under the Microscope, and the Results are in: an Easy-Living, Tax-Free Retirement

Article summary

• Doctors are delayed in their retirement planning.
• Our medStream Plan is built to benefit those in the medical field.
• Medical professionals like a safety net, know how to use leverage to get ahead, and are comfortable discussing death. 
• You only require a minimum investment of $25k annually for five years for the medStream Plan.

“Doctor, doctor, help! My later-years funds are looking more gray than golden.”
“Take a good dose of the medStream Plan and call me at retirement.”

Okay, we’re not claiming to be comedians. Just like the doctor appointment we should have booked but we are too lazy to book, doctor’s are also reluctant and place their retirement planning into the “can’t think” basket. Can you blame them? Years of studying, high education fees, and continuing costs within their profession. We’re excited to share a solution that more and more of those in the medical field are coming to talk to us about.

Our medStream Plan is based on the Stream Protection Plan leveraged life insurance model but developed with doctors’ biggest pain points in mind. Here, we explore four reasons why medical professionals are using the medStream Plan for a stress-free, tax-free retirement.

1: Doctors get a slow start

Studying to be a doctor takes years, hard work, and money. While their friends possibly pirouette out the door with other degrees in hand, ready for the real world, those high up in the medical field can find themselves up to six years behind other professions. The number of study years aside, doctors have higher education fees to repay and costs associated with excelling in their field, such as setting up their practice. Some often enter the workforce with hundreds of thousands of dollars in debt. And while they will eventually be high-income earners (which attracts high taxes), it does take a while to get to that point. There’s an added set-back for those wanting to buy a home and start a family. It’s no wonder planning for their golden years becomes a low priority. 

The medStream Plan helps doctors catch up quickly on their retirement fund goals once they’re ready. With only five annual payments of $25k, medStream plan members can significantly boost their retirement savings. This affordable and effective Plan allows doctors to make up for lost time and get on track to retire comfortably. 

2: Doctors play it safe

Medical professionals are trained to be risk averse – you’d hope so; they’re responsible for our lives. This calculated approach extends to their finances, too. The medStream Plan is like inviting doctors to ten-pin bowling but popping up the bumpers. They want to play the game and have the chance to knock over pins, but they’re not so fussed about the rush of in-the-gutter risk to achieve a strike.

Unlike the traditional retirement plans that are invested directly into the stock market, which comes with potentially large lows you need to make up for, the medStream Plan has no market exposure and utilizes indexed universal life insurance. While it might not benefit from extreme spikes, it guarantees no market loss. With Stream as the borrower and the zero-floor model, it shields you against loss. It’s a safety net that avoids negative-year rebounds. 

3: Doctors like leverage

With student loans, a new home, or starting a medical practice, doctors are comfortable with financing for good debt. For example, borrowing to upskill for the increased opportunity of a higher salary for an in-demand role. This familiarity helps them understand the medStream Plan’s effectiveness.  

Using wealth to build wealth is not a new concept. The medStream Plan’s point of difference is it offers a much lower entry point than traditional leveraged life insurance models. Power in numbers means five-to-12 members create the illusion of one wealthy individual, and everyone enjoys those benefits. 

Doctors no longer need to be burdened by retirement worries. Instead, they make an affordable up-front contribution, and the bank covers the rest with a ratio of 5:1 so the doctors can continue growing their practice or professional profile.

4: Doctors know death

As the saying goes, there’s only one guarantee in life, and that’s that we’re all going to die. That might sound morbid, but medical professionals are acutely aware of life’s fragility and are familiar with planning for that uncertain certainty. 

While the medStream Plan is intended as an asset to live it up in your later years, life can throw curveballs. Doctors feel comfort in knowing the program provides an automatic 6-7-figure death benefit to safeguard their loved ones financially should the unthinkable happen. And what if a member becomes severely injured or chronically ill? The medStream Plan allows them to advance the death benefit and help them through troubling times. This peace of mind is invaluable.  

Just what the doctor ordered

So, if you’re in the medical field and fear your golden-years goals are in a critical condition and want to prescribe yourself a tax-free, risk-free retirement, chat with us about the medStream Plan. It’s so effective that you won’t need a second opinion. 

*Warning: traces of practitioner puns are present in this article.