Dr. Cory S. Fawcett 
Professionals who realize something is wrong with their finances, but can’t pin down the problem, often contact me. Although they make a very good income, they are not accumulating wealth as rapidly as they feel they should. Or they feel at their current trajectory, they will not have enough savings to retire in the manner … Read more
Sunday is traditionally a day of rest in the United States, but not for those in the medical field. Illness doesn’t take the weekend off. Call obligations cause us to work some weeks straight through without a break. Patients don’t all go home from the hospital on Saturday night to give us Sunday off. Rest … Read more
I enjoy reading books for both education and entertainment. I learned a long time ago that leaders are readers, so I make it a point to constantly be reading a book or two. With such a large annual reading list, people often ask me for book recommendations. Getting book recommendations cuts down on reading duds. … Read more
How many times have you committed to make a significant change in your life, only to find yourself a year later having made no headway on the commitment? Have you ever made a resolution to lose 30 pounds only to notice three months later that your weight was slightly higher than your starting weight? While … Read more
As another year ends, there are a few tasks we should all consider completing. Some of the tasks have penalties assessed if they are not completed on time and others just lead to a lost opportunity if the deadline is missed. I missed a big opportunity the year I retired when I didn’t realize my … Read more
Frank Capra’s “It’s a Wonderful Life,” 1946, is my all-time favorite movie. I was discussing it this Christmas and someone asked my why it was my favorite movie. I had never thought of that before. Why was this my favorite movie? So this Christmas I watched the movie with that question in mind and I … Read more
Why do so many physicians complain about not having enough money? Almost every physician’s earnings are in the top 10% of income earners in the country. Yet we feel broke, even those who make $600k a year. The median household income in the United States is about $75k. The average physician’s income is more than … Read more
(Clearance book sale including shipping and handling: $10 for the first book and $5 for each after that. Email me with which of my books you want and your shipping address. Help me regain space in my garage.) My wife and I care for our two grandsons every Thursday and Friday during the school year. … Read more
There are times in life when we stand at a fork in the road where our future can be greatly altered. Once we choose which tine of the fork to take, it sets in motion many changes that can lead to very different outcomes. When I was recently asked to perform in a musical, I … Read more
Physicians go through extensive training to become doctors bringing in a high income. Unfortunately, they have no training in how to manage all that money. Consequently, we make a lot of money mistakes. I have taught personal finance for the last three decades. It has been both fun and rewarding, especially when someone finally realizes … Read more
