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
There was a time in the not too distant past when retirement was not an option. People literally worked until they died. In 1935 President Franklin D. Roosevelt signed the Social Security Act. From that day forward, the US government helped Americans retire, but this help came with strings attached. These strings were anchored around … 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 most important variables in your financial success equation, married people do better financially, what to do if you missed last year’s retirement … 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 are physicians bad people if they retire before they die, is artificial intelligence more dangerous than nukes as Elon Musk predicts, four physicians … 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
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 why more money won’t lead to financial independence, hiking skills every walker needs, the main causes of overspending, snapshot of a life five … Read more
(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in September. I hope to meet many of you in person, or you can stay home and enjoy the conference virtually.) Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find … 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 strategies to mitigate sequence of return risk, money mistakes will not always keep you from retiring in style, twenty-five fantastic summer vacations for … Read more
(Be sure you check out my latest Podcast appearance covering Designing Your Locum Tenens Life with Dr. Myrdalis Diaz-Ramirez of The maxAllure Mastermind.) Next Monday 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 … 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
