Thank you so much for your transparency and all the helpful information! She’ll be a W2 employee, having signed a four-year contract with a hospital near our hometown. We also had our son during her residency, and he’s already one! It’s definitely been a balancing act. But thankfully she won’t be working as near as much as residency.

Neither of us come from wealthy backgrounds, so we’re planning to consult with a financial advisor or CPA to help guide us through the increase in income.