Benjamin Yin

My father passed away in 1985 in a tragic plane crash while skydiving.

My parents were young and felt invincible, why did they need planning? Unfortunately, he died with no planning, no money, and no life insurance...leaving me, my brother and my mother with a struggling Chinese restaurant and a bunch of debt. It would have been a classic "Go Fund Me campaign" had it existed in 1985. Only a few days after my father's passing, my mother quit the restaurant business to start a financial planning practice so what happened to her wouldn't happen to anyone else; 35 years later, she is still using her personal story to convey the importance of proper planning. Partnering with my mother in 2010, we formed Generational Financial Partners, LLC (GenFi) to provide physicians with estate planning, financial planning, retirement solutions, and risk management strategies. The field of medicine is changing, and there’s an alarming trend of more and more doctors living from paycheck to paycheck, never getting to the point where they can truly live life in the sweet spot. While it’s true that there are a lot of contributing factors that are out of your control, like insurance, government regulations, and the rising cost of medical school, there’s plenty that’s in your control as well. You see, getting and staying financially healthy is a lot like getting and staying physically healthy. There are a million so-called experts out there touting magic formulas and shortcuts that sound great, but often end up doing more harm than good. If you can tune out the noise, though, and listen to the right people, there are some incredibly effective and innovative things you can do to get the results you want. Here at Generational Financial Partners, LLC we work with physicians every day to help them understand their financial risks and opportunities so they can make wise decisions that benefit themselves, their practices, and their families.