Doctors Economic Research Association Explanation

Doctors share a common problem in the post-Great Recession period: a lack of perspective, knowledge, and understanding of the economics of their lives in a New Economic Order.

The Doctors Economic Research Association was formed in 2008 to provide a community for doctors who found themselves afloat in a post-Great Recession New Economic Order. The second central objective of the association was to provide New Economic Order economic education to doctors who were being negatively impacted by the post-Great Recession monetary policies that created record low interest rates on accumulated savings. The third central objective of the association was to provide Association members access to New Economic Order economic education and personalized earnings management and savings management planning programs that could overcome retirement savings deficits.

Research organizations were retained to conduct extensive interviews with doctors of different ages, economic status, and economic sophistication to identify ways in which value might be added to their lives through a New Economic Order strategy for the use of surplus, tax-free compensation to create guaranteed life income. It became apparent from the research project findings that economic education that focused on the economics of the lives of doctors’ different age group cohorts would contribute, most effectively, to their achievement of financial stability, financial independence, and personal significance. The critical needs that were identified by the research were the prevention of doctors’ losses of earnings, unneeded for lifestyle costs, to unnecessary income taxes and the prevention of doctors’ losses of their personal savings and retirement plan savings to historic low interest rates and to periodic stock market losses.

Economic education programs were created to respond to the unique earnings management, savings management, and endowment creation needs of doctors in different age groups. The historic trend toward large corporation control of medical practices and limited retirement planning options for employed physicians created losses of planning options and created demand for a new approach to retirement planning. These needs of association members led the association to create needs specific education programs and develop planning programs for each demographic segment.  Association membership classes were then established to provide doctors with different economic needs and capabilities access to the appropriate planning programs.

The association membership classes are:

  1. Savers (doctors age 55 – 74 with personal savings allocated to bank CD’s that are losing purchasing power, or are allocated to risk of principal stock market and mutual fund investments that lose principal periodically). Click Links to download the Doctors-Savers Planning Program Loss Test and Association Membership Order Form.
  2. Millennials (doctors age 25 – 35 with less than $30,000 of surplus annual earnings and less than $250,000 of equity assets), Millennial Doctors Planning Program. Click Links to download the Millennial Doctors Planning Program Loss Test and Association Membership Order Form.
  3. GenXer’s (doctors age 36 – 52 with less than $30,000 of surplus annual earnings and less than $250,000 of equity assets),  GenXer Doctors Planning Program. Click Links to download the GenXer Doctors Planning Program Loss Test and Association Membership Order Form.
  4. Highly Productive Doctors (doctors who have $30,000, or more, of surplus annual earnings and $250,000, or more, of equity assets). Click Links to download the Highly Productive Doctors Planning Program Loss Test, Earnings and Savings Loss TestAssociation Membership Order Form, Confidential Data Collection Form, and Employer Information/Employee Census Form.
  5. Affluent Doctors (doctors who have $1,000,000, or more, of surplus savings that are un-needed to finance their lifestyle costs through their life expectancies). Click Links to download the Affluent Doctors Planning Program Loss Test and Association Membership Order Form.