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Lawyer, accountant, business consultant, investment counselor, insurance advisor—all can go through life not knowing a spleen from a splint, and die not a penny poorer. But the physician who may not know an actuary from an annuity could jeopardize his family security in a surprisingly short time.
Many physicians, young and old, have discovered that, despite the many years in medical school, they may not be adequately prepared to cope with the economic problems peculiar to the profession. Realizing this, the American Medical Association has arranged for a Conference on the Physician's Personal Economic Planning to be held at the Fairmont Hotel, San Francisco, June 20, 1964, immediately prior to the Annual Convention. This conference, sponsored by the Board of Trustees and presented by the Division of Environmental Medicine and Medical Services, is designed to help physicians in all fields of medicine better understand accounting, insurance, investment, law, pensions, and
FINANCIAL FIRST AID. JAMA. 1964;188(10):929. doi:10.1001/jama.1964.03060360089019