Tools
Vantage MD Wealth calculators
Free, in-browser calculators built for attendings, residents with moonlighting, and dual-physician households. Adjust the assumptions, stress-test the outcome, and pair each run with the guide that explains the trade-offs.
Tool 1 of 3 · Illustration
The cost of a late start
What the same monthly amount becomes by 65 from three starting ages, and what a training loan does while you train.
- Start at 25, at 65
- $2,987,236$720,000 paid in
- Start at 35, at 65
- $1,506,773$540,000 paid in
- Wait until 40, at 65
- $1,039,491$450,000 paid in
- Cost of starting late
- $1,480,464the gap at 65 between starting at 25 and at 35
- Monthly amount from 35 to match
- $2,974what closes the gap by 65
- Owed after 4 years
- $252,000$52,000 of it is unpaid interest
- Interest charged
- $52,000$0 paid in total
Show these numbers as a table
| Age | Start at 25 | Start at 35 (you) | Wait until 40 |
|---|---|---|---|
| 25 | $0 | not started | not started |
| 30 | $104,655 | not started | not started |
| 35 | $245,819 | $0 | not started |
| 40 | $436,228 | $104,655 | $0 |
| 45 | $693,061 | $245,819 | $104,655 |
| 50 | $1,039,491 | $436,228 | $245,819 |
| 55 | $1,506,773 | $693,061 | $436,228 |
| 60 | $2,137,065 | $1,039,491 | $693,061 |
| 65 | $2,987,236 | $1,506,773 | $1,039,491 |
| Year | Principal | Unpaid interest | Amount owed |
|---|---|---|---|
| 0 | $200,000 | $0 | $200,000 |
| 1 | $200,000 | $13,000 | $213,000 |
| 2 | $200,000 | $26,000 | $226,000 |
| 3 | $200,000 | $39,000 | $239,000 |
| 4 | $200,000 | $52,000 | $252,000 |
Method
Illustration, not a forecast. Every number comes from the assumptions above, which you can change. Real returns vary from year to year and can be negative; fees, taxes and inflation are left out.
- Investing: the same amount at the end of every month from the starting age until 65, growing at the annual rate ÷ 12 each month. Balance after n months = amount × ((1 + i)n − 1) ÷ i, where i = rate ÷ 12.
- Matching amount: the monthly figure that gives the start-at-25 total by 65 from your starting age, using the same formula solved for the amount.
- Loan: simple interest. Each month adds balance × (rate ÷ 12) to unpaid interest, which is not added to the principal. A payment clears unpaid interest first, then principal. Federal Direct loans charge simple interest, but some events can add unpaid interest to the principal, which would make the balance grow faster than shown.
Want a catch-up plan? An advisor who works with physicians and clinicians can fit one around your loans and contract.
Tool 2 of 3 · Illustration
Two offers by wRVU
A higher bonus rate is worth nothing below the threshold. Enter both offers and the wRVUs you expect, and see which one pays more. Read the contract article
- Offer A at your wRVUs
- $260,000bonus $0
- Offer B at your wRVUs
- $280,400bonus $30,400
- Difference
- $20,400more from offer B
- Lines cross at
- 5,470 wRVUsabout, on a 10-wRVU grid
Show these numbers as a table
| Annual wRVUs | Offer A | Offer B |
|---|---|---|
| 4,000 | $260,000 | $250,000 |
| 5,000 | $260,000 | $250,000 |
| 5,500 | $260,000 | $261,400 |
| 6,000 | $260,000 | $280,400 |
| 6,500 | $273,500 | $299,400 |
| 7,000 | $296,000 | $318,400 |
| 8,000 | $341,000 | $356,400 |
| 9,000 | $386,000 | $394,400 |
Method
Illustration. Total pay = base salary + (wRVUs − threshold) × bonus rate, and the bonus is zero below the threshold. Offer A is the example from our contract article: $260,000 base and $45 per wRVU above 6,200, in a role where physicians produce 5,800 to 6,000 wRVUs. Offer B is made up for comparison.
Real contracts add quality bonuses, caps, clawbacks, call pay and benefits, which this leaves out.
Weighing an offer? Talk to an advisor who works with new attendings before you sign.
Tool 3 of 3 · Illustration
Tail coverage reserve
If a job change is possible, how much would you set aside each month to have a tail coverage bill covered by then? Read the tail coverage article
- Set aside each month
- $1,214for 24 months
- Interest earned along the way
- $854
| Month | Saved so far | Share of the quote |
|---|---|---|
| 6 | $7,332 | 24% |
| 12 | $14,775 | 49% |
| 18 | $22,331 | 74% |
| 24 | $30,000 | 100% |
Method
Illustration. Monthly amount = quote × i ÷ ((1 + i)n − 1), where i is the yearly rate ÷ 12 and n the number of months, with deposits at the end of each month. The quote itself is yours to find: tail prices depend on specialty, state, limits and years covered.
Planning an exit? An advisor can look at tail, disability cover and savings together.
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