On-line reputations have become a large part of our current society. You can find reviews on everything on-line from restaurantsRead more
The question I have been playing out recently in my mind is whether to work to achieve FIRE. Should I bust my butt for 10 years and then peace out in a flame of glory? Or do I go part time now (between 60 to 80%) and lay low working into the sweet sunset of retirement at 60?
My current employer offers a pension at 60 (likely 65 when I actually retire) that includes health care. If I could last the next 20 + years for that, is it worth it? I wrote about the differences it would make to my drawdown strategy here and here. There are definite financial benefits to staying until 60, but what about emotional and life ones?Read more
This week I missed my regular Hump Day post due to being featured on The White Coat Investor’s site. My article about Should Your Child Become a Doctor seems to have done well and if you are interested in the topic, then please go check it out.
I did not want to go by without featuring some of the articles I enjoyed this week from my fellow bloggers. So without further ado here they are.Read more
Today I am proud to be featured on The White Coat Investor. Head over to his site to read my latest post on whether you would advise your kids to be doctors. Also, check out my site for my top 5 posts in the first 9 months of blogging.Read more
Throughout training I had an idea, and that idea was that I would be a great academic physician. I had the right training. I had done research from college through fellowship. I had received research grants from medical school through fellowship, published numerous papers, and started defining a niche. Everything was going great. Academia here I come.Read more
While in medical school and residency, every young physician wants to be a remarkable doctor. But what if they don’t care about their financial wellness? You’re wondering what is the relation between being a remarkable doctor and financial wellness?Read more
I have had a total of 3 physician home loans from Suntrust Bank. Conventional wisdom would say to wait until you can put 20% down and then buy your house. Unfortunately, many physicians are not conventional, at least not when it comes to finances. Combine a desire to buy a home in residency (not a good idea) or right out of training (also likely best to wait a year or two), banks are all too ready to give out money. For physicians, this comes in the form of a physician home loan.Read more
This is week 2 of our low spending month and I am going to be honest…it is not going well. We are having a great month. Life is not stressful. But we are spending more then either of us would like. None of these were must have expenses, but let’s see where we are. Last week if you remember I detailed how we spent $1,859 here. Not a great job, but how does it compare to this week?Read more
My cousin visited me in sunny Cali this past weekend. This cousin of mine lives a life that many in this community can appreciate. She had a stable and successful job for many years and burnt out. She then decided to take 6 months to work on her writing and try establishing herself through various pursuits.Read more
Today I am publishing an article on Physician on Fire. If you are unfamiliar, he is a anesthesiologist who is planningRead more
So there is a lot of talk on the web about having an emergency fund. Typically this is 3 to 6 months of expenses.Read more