(Don’t miss your chance to sign up for the upcoming Marriage and Money MD Conference November 15-17, which is free to attend, but you must register. You don’t want to miss my two topics. My main conference topic is Your Spouse is Your Greatest Financial Asset. I am also covering Divorce Proofing Your Marriage that … Read more
I retired from my general surgery career in my early fifties, after 23 years in practice, almost exactly according to the plan I made in medical school. Most people congratulate me for achieving my goal. A few vilify me for wasting my medical education, as if it is never acceptable for a physician to retire. … Read more
Last July, my wife and I took a three-week motorhome trip from Oregon to South Dakota and back attending two family reunions amongst our travels. We stopped a few days near Glacier National Park in NW Montana where huckleberries are prevalent. We went looking for something that was made with huckleberries and found candy, jam, … Read more
People are surprised when they learn we have maintained a debt free household for the last twenty years. For many, they realize for the first time, that being debt free is possible. Others think they could never become debt free as their total debt seems overwhelming. When we first heard the concept of living debt … Read more
When I was a partner in my medical practice, our company provided a group medical insurance plan for all the doctors, staff, and their families. When I retired from my practice at the end of 2013 my family used COBRA for a while before attaining our own insurance as a family. In 2016 my family’s … Read more
I never really understood the concept of being at the end of my rope, hanging on for dear life, until I experienced it myself. How can someone with MD behind their name, the cream of the crop, end up in tears and unable to go on? Doctors are one of the most resilient groups of … Read more
Many doctors are talking about retiring early from medicine. In fact, about one third of doctors in the U.S. want to either quit medicine or make a major change in their practice. But many doctors don’t want to retire early; they want to find ways to enjoy practicing into their 70s. Both of my senior … Read more
We have all heard the phrase “It is better to give than to receive.” So, why then do so many people have trouble being generous with their wealth? Why do so many feel they need to spend all of their income to support their lifestyle. All studies on giving in the last decade hover at … Read more
When I discuss living on half of one’s income, I’m almost always met with, “that would be impossible for me.” They say it as if it were a fact, that some outside source is preventing them from living on significantly less than they make. This outside source is somehow keeping them from saving a good … Read more
When I reached financial independence at age 50 I didn’t retire as planned. Instead, I started working less hours and eventually switched to working about half-time, as I still liked operating, just not at the pace I had been working. I stayed at half-time for about three years and then dropped to quarter time for … Read more
