(Are you interested in learning about real estate investing or becoming financially free? Join me at the Physician Freedom Summit 2025, October 6-8, in Los Angeles. I will be speaking on purchasing property with no money down, which is how I started investing in real estate.) There are many forks in the road of life. … Read more
Many people are under the impression that financial independence (FI) is a number or a destination. For example, once I have a net worth of ‘X’, I will be FI and life will begin. I encountered this attitude during a dinner conversation I had at a conference last weekend with a doctor who is two … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include the keys to a successful retirement, being able to enjoy your retirement years, what does it take to retire right, how to loosen … Read more
Often when I speak live or make comments on social media, someone inevitably will conclude that the reason I was able to retire at a younger age than they could was because I was a specialist and made more money than them or that I didn’t experience a bad event that they had experienced. It … Read more
A misconception is running around the financial world, that great sacrifice and delayed gratification is required to reach financial independence. This is simply not true. The reason so many feel becoming financially independent is a sacrifice, is the misguided notion that spending anything less than all you earn is somehow a great sacrifice. If I … Read more
The amount you spend on your house is possibly the most important factor in achieving financial independence and happiness in life. Overspending on the house will leave you with such a big housing bill that you will not have enough money to do all the other things you want to do. This mistake can take … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include policies I adopted to help me get through residency, how to prepare for the next crisis, how to accidently write your son out … Read more
Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include forgiveness trumps bitterness in my life story (podcast), how to use a 529 college savings plan … Read more
Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the number one reason Americans can’t save enough for retirement, generalized retirement advice is generally a … 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
