Internal buyouts: Plan well; sell your medical practice for millions at retirement.

BUYOUTS; PHYSICIAN practice acquisitions; MEDICAL practice; RETIREMENT planning; 401(K) Co.; PENSIONS

The article offers guidelines in managing buyouts of medical practices in the U.S. It stresses the importance of careful planning, sufficient funding, and constant commitment from physicians prior to the selling of the medical practices. It discusses the different non-traditional retirement plans such as pensions, profit-sharing plans, and 401(k)s which are less known to the physicians. Further information about the approaches in managing buyouts of medical practices is presented.