Reflections of a Physician Turning 60

Last March while we were traveling home in our RV from our snow birding trip to Mesa, Arizona, I turned sixty. On our way to Southern California to meet some friends, we stopped at a bakery to pick up a cake. We enjoyed celebrating my birthday that evening with our friends, but it didn’t set … Read more

Fawcett’s Favorites 5-9-22

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 six reasons high earners don’t get rich, how much can I safely take out of my retirement plan each year, 13 important money … Read more

How I Knew it was Time to Retire

Many people have asked me how I knew it was the right time to retire. They are struggling with the decision and are afraid to pull the trigger too soon. Retiring from medicine is almost a final move as it is very difficult to return after being away for a period of time. I haven’t … Read more

Fawcett’s Favorites 9-28-20

(There are only three days left to take advantage of the special offer on The Doctors Course to Automating Your Real Estate Investing. This offer ends this Wednesday at midnight Pacific time.) (Don’t miss my lecture in this year’s Financial Freedom Through Real Estate Virtual Conference October 9-11. I will be sharing my secret sauce … Read more

Measuring your financial progress: The Wealth Index

Many physicians have a poor understanding of personal finance. Since personal finance isn’t a required course in high school, college or medical school, physicians are often unprepared to handle their high income when they become an attending. Sometimes the results of this lack of education are not pretty. Other times it’s a down right disaster. … Read more