CMA has partnered with Professionals’ Retirement Strategy (PRS) to offer California physicians an innovative retirement income strategy that combines business financing and life insurance.

“We are excited to offer a new and creative option for physicians to consider for their retirement,” says CMA CEO Jack Lewin, M.D. “This new design is not intended to be a physician’s sole or exclusive retirement strategy, but we want to assist our members in planning for retirement and present them with this option. This also serves as a reminder to physicians that it is never too late or too early to create a comprehensive plan for retirement.”

CMA members will receive a free retirement planning analysis. “An important feature in this program is the flexibility to modify or terminate it with little risk if a physician wants to alter his or her retirement strategy in the future,” notes Dr. Lewin.

The California Professionals’ Retirement Strategy (CPRS) product design enables physicians to secure competitive loan financing based upon the value of their practice. The loan proceeds can provide supplemental retirement income.

Click here for more information about the CPRS product.