What Financial Independence Has Meant to Me

Tomorrow many of us will take the day off to celebrate our country’s independence. Thank you to those who report for duty at hospitals around our country making it possible for the majority of physicians to celebrate this special holiday with their families.  This year, let’s also celebrate the quest for our own financial independence. … Read more

Ways We Sabotage Our Retirement

Everyone has an idea of what they want their retirement years to be like. But when we finally pull the trigger and retire, we are traversing a new path for the first time. With no prior experience, we are likely to hit some snags. It’s best to learn about these snags from others and not … Read more

What Age Should Physicians Retire?

(The photo with this article is the view I have as I write this from a timeshare resort in Escondido, California. I couldn’t travel as much if I was still working.) I’m a physician who retired from medicine early, based on most people’s thinking. But at what age is retirement early? The Social Security department … Read more

Dump These Money Myths Immediately

There are many misconceptions about money and money principles floating around. Most of the time when someone contacts me for help with their finances, there is a financial principle they are not using, or they have fallen prey to a myth that is hurting their family. Some myths are perpetuated by those who would like … Read more

Eight Years Retired from Surgery 

(Keep an eye out for my upcoming book The Doctors Guide to Finding Joy in Your Work. We can all use a little more joy in our lives and this book, which will be available March 11th on Amazon, will help you attain it.) This month marks eight years since I left the hospital as … Read more

2024 Year End Financial Tasks

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

Financial Dogma that Keeps Us Broke

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