Will You Miss Medicine When You Retire?

Today was the first time since I retired from clinical medicine, that I missed my old career. My wife and I watched a Hallmark movie that we recorded before Christmas titled “Christmas Under Wraps,” starring Candace Cameron-Bure as a young doctor who wanted to become a surgeon, but ended up in Alaska helping patients in … Read more

A Modern Christmas Carol

Almost everyone is familiar with the story of Ebenezer Scrooge in A Christmas Carol. I was thinking about that this year and thought Charles Dickens could have just as easily written about Ebenezer’s financial situation and had visits from the ghost of finance past (Debt), the ghost of finance present (Budget), and the ghost of … Read more

What is Retirement?

An unusual thing happened to me today; I was awakened by my phone alarm. Ever since I stopped practicing medicine ten months ago I have rarely needed to set an alarm to get up. Today when my alarm sounded, Carolyn commented that when she woke up, she thought we were in Spain. Last Spring we … Read more

Living the FIRE Life in my RV

Many people are blogging about FIRE (Financial Independence/Retire Early). Most of them write from the prospective of a goal they want to reach someday. I write from the other side, having already attained financial independence and retired from my medical practice. Although there are those who would say I haven’t retired yet since I’m still … Read more

Happy Thanksgiving

Today is Thanksgiving, a time when we all think about what we are thankful for. It is unfortunate that we are not thankful every day of the year, since giving thanks does wonders to brighten our disposition. As Thanksgiving approached, I picked up the ACS Surgery News and found an article written by one of … Read more

Three Good Habits for Your Wealth

As a personal finance coach, I have learned that the most important aspect to wealth accumulation, is having good money habits. Good habits create good results and good results are what everyone wants. We were not born with any of our habits, we learned them somewhere along the way. That’s good news, because that means … Read more

Three More Bad Habits for Your Wealth

As a personal finance coach, I have found that the most detrimental aspect to wealth accumulation, is having bad money habits. Good habits create good results, and bad habits create bad results. You were not born with any of your habits, you learned them somewhere along the way. That means you can unlearn the bad … Read more

Travel While You Are Young

Taking Grandma on her dream trip. Many doctors have the dream of traveling the world. But this dream is constantly being postponed by various things that happen throughout our lives. We can’t travel now because of residency, after residency, then we can travel. We can’t travel now because of the new baby, when she goes … Read more

Deciding When to Take Social Security

Aunt Etta And I in Greece. This is a controversial topic that I believe has no controversy for the high-income earner. Beginning to take your Social Security payments before your designated full-retirement age—for me that’s 67—will result in a lower monthly payment. Waiting until later, such as at age 70, will increase your monthly payments, … Read more