PODCAST: How COVID-19 Has Affected the Economy and CRNA Retirements
CRNAs already have plenty to worry about each day, and it’s easy to put finances to the side. As we’ve seen in 2020, the unexpected can happen at any time, so it is important to make sure you have a plan for your money. Today we’ll talk about the ways CRNAs typically get off-track with their finances, and we’ll also give you steps to get your finances in order.
Check it out at the top of the page and use the timestamps to help you navigate through the many topics we discussed. You can read more and get additional resources on our blog: https://www.crnafinancialplanning.com/blog/how-covid-19-has-affected-the-economy-and-crna-retirements
Today's show schedule:
3:05 – Background on where we’re recording and what we’re talking about.
5:09 – How much will the average CRNA make over their lifetime?
6:44 – The impact of COVID on the economy
9:59 – Consumer spending
13:37 – This is different than 2008.
15:12 – Taxes
19:00 – What is GDP?
20:24 – Healthcare changes
26:19 – CRNA work during the pandemic
33:05 – Worries for people nearing retirement.
36:09 – We’re seeing people look to retire earlier than planned.
39:30 – What can CRNAs do to improve their financial situation?
44:13 – How can I make my portfolio pandemic-proof?
46:55 – Thoughts on the continuing rise in CRNA salaries.
49:32 – What could the government do differently?