CRNA Advisors Library
At CRNA Advisors, we make it our mission to provide expert knowledge affecting CRNAs and other investors today. Putting you at the forefront of the financial industry, the blog posts found here give in-depth information to help you make wise financial decisions.
Consider all these posts “CRNA Knowledge and Insight.”
Click the button below to download the Certification of Completion to get Class B CE Credit after listening to our podcasts
The Growing Threat of Inflation on CRNAs
As a dedicated and motivated CRNA, you have spent your entire career being an advocate for your patients in the operating room. You’ve put in countless hours, either as a W-2 employee or as a locum contractor, in a fast-paced career that can eventually afford you the freedom to retire comfortably.
Six Tips For Optimizing Your Locum CRNA Experience
Freedom! It is one of the main reasons CRNAs cite for becoming independent contractors. They want the freedom to achieve a better work/life balance, opportunity for growth and travel, plus scheduling flexibility.
Best Intentions But Bad Financial Advice
The Coronavirus pandemic has forced a lot of CRNAs to take a closer look at their finances, and we often reach out to many different sources to get advice on ways to proceed.
What Retirement Lifestyle Will You Choose?
With all that’s going on today, many CRNAs are reconsidering what’s truly important in life. Over the past year, the pandemic has impacted so many aspects of our everyday lives, and as a result, we are seeing more and more CRNAs choose to retire early.
Life In A 50-50 World: What Financial Impact Will it Have On CRNAs?
Another Inauguration Day has passed, and while it was historic, as always, it also felt different this time. Certainly, the country remains split on where we’re headed. One party is optimistic for the future, while the other is concerned about what’s to come.
How To Financially Prepare for 2021 and Beyond
When we celebrated New Year’s Eve a year ago, who could have guessed that 2020 would have gone the way it has? It’s worth taking a look back at the year to review the financial challenges that CRNAs have faced and consider these six strategies to put ourselves in a more secure position moving forward.
The CRNA’s Quick Reference Guide To Working As An Independent Contractor
Becoming a CRNA independent contractor can be complicated, but very lucrative. Every day, our experts help freelance CRNAs from all across the country make sure they are taking advantage of all the opportunities that 1099 can bring. Whether you're a seasoned 1099 veteran or just starting out, our experienced team can review your situation to make sure you aren't missing out on some of the benefits of being a CRNA freelancer.
How COVID-19 Has Affected The Economy And CRNA Retirements
For many years, the CRNA profession has been a relatively stable and financially secure career path, but the COVID-19 pandemic has wreaked havoc in countless ways all across the globe this year. As a result, many CRNAs have experienced reduced hours, furloughs, salary cuts and/or employer retirement plan changes.
How CRNAs Get Lost In The Financial World
If you’re like a lot of CRNAs, dealing with money isn’t always your top priority. That’s especially true during a year like we’ve experienced in 2020. It’s easy to put financial planning aside and worry about what’s immediately in front of you at work and at home.
Are You A CRNA Within 10 Years of Retirement?
According to a recent report by the AANA, over 50% of practicing CRNAs planned to retire by 2022, but the financial impacts of COVID-19 may be threatening those plans for many. Across the country, thousands of CRNAs are now nearing retirement with significantly devalued portfolios. Naturally, they are fearful for their future.
Let Us Help You Get Back On Track… A New Opportunity for CEUs
So far, 2020 has proven to be a year of change. Over the past few weeks, we’ve spoken with thousands of CRNAs across the country who have been impacted by COVID-19 in a variety of ways.
Guest Post - Medicare and You Retirement… OR Medicare and Non-Retirement!
Right out the gate, you can see how confusing Medicare can be! Many people feel that you must sign up for Medicare when you turn 65 (even though you are still working or your spouse is, etc.). One of the many myths that we work to combat on a daily basis!
Apples to Apples: The Financial Implications of Working 1099 Vs. W-2 as a CRNA
As a CRNA, you make critical decisions all the time, oftentimes without even thinking about it. Your years in school prepared you to make sound medical decisions at a moment’s notice. But beyond the operating room, some important choices may not come as naturally.
Video - The Saavy CRNA Episode #1: 1099 VS. W2
Watch our inaugural episode of "The Saavy CRNA" as host, William McNeer, CFP®, AIF® discusses the fundamentals of payroll tax, compensation, and tax liability for freelance CRNAs.
How Should CRNAs Facing Divorce Split Retirement Accounts?
While I am sure it will come as no surprise, the CRNA profession is one of the most stressful career paths you can choose. According to the Occupational Information Network, a US Department of Labor job database, on a scale from 1 (least stressful) to 100 (most stressful), CRNA’s stress tolerance level is a whopping 98! [1] (Lucky for me, financial planners only experience a 77 stress tolerance level.)
How Tax Reform Will Affect CRNAs Facing Divorce
We already know that divorce can be messy and painful, but did you know that it’s about to get a lot more expensive as well? The passing of President Trump’s tax reform bill affects almost everyone in some way.
Four Tips For CRNAs Considering Divorce
Ever hear the old wives tale that 50% of marriages end in divorce? While it’s hard to pinpoint an exact divorce rate, some researchers report current rates could be as high as 50% while others believe the rate has been steadily declining over the past few decades and 30% is a more accurate statistic.
Does It Make Sense To Become A CRNA In 2018?
When it comes time to choose a career path or shift occupations, one of the top considerations is financial. Will this career provide the income I desire? Is it worth the investment of time and money to get the education I need?
How Do You Stay A CRNA Millionaire?
As a CRNA, you’ve worked hard in your education and career to get where you are. Regardless of whether you are currently employed or have already retired, it’s important to preserve the assets for which you have so diligently worked.