ABSTRACT
This introduction presents an overview of the key concepts covered in the subsequent chapters of this book. The book focuses on the life stages of the therapist along with the developmental tasks and financial planning strategies appropriate to each stage. It then covers a range of issues concerning the powerful influence our emotional lives have on our financial behavior. The book also explores the fascinating terrain of money as an issue in psychotherapy. It offers comprehensive financial information designed to help the readers develop the essential skills necessary to be financially successful in private practice. The book explores the pros and cons of every major tax-advantaged retirement vehicle open to sole proprietors in private practice. In the discussion of the life cycle of a therapy practice, appropriate asset allocation and investment choices are discussed for each phase. The book provides the readers with worksheets designed to get them started with their individualized financial plan.
