Strategies for Saving While Paying Down Debt

(Today’s guest post comes to us from Emma Jones, whose father was a physician and knows first-hand the importance of busy professionals dealing with debt and has a keen understanding of effective strategies for debt elimination. Her expertise in personal finance has empowered countless individuals to regain control of their financial futures.) Looking at my … Read more

Fawcett’s Favorites 5-1-23

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 fixing your job when you don’t like it, ten harsh money lessons you didn’t learn in school, beginner investing tips for success and … Read more

Fawcett’s Favorites 4-10-23

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 what life is like six years after retiring from surgery, seven micro habits that can change your life, 101 financial quotes to inspire … Read more

Fawcett’s Favorites 4-3-23

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: is the unsinkable medical profession about to sink like the Titanic; is $200,000 a good annual income; how to stop being broke; the … Read more

Understanding the Backdoor Roth IRA

A backdoor Roth IRA is a great additional retirement savings plan for high earning professionals. Since I get many questions on how to make a backdoor Roth IRA contribution, I thought it would be good to help set the record straight and explain the Backdoor Roth IRA rules and answer the common questions that confuse … Read more

Six Years Retired from Surgery 

This month marks six years since I walked out of the hospital in Lebanon, Oregon, to the song 18 wheels and a dozen roses, by Kathy Mattea, after my final week of locum tenens work. I was reluctant about giving up surgery at age 54, wondering if we had enough passive income and retirement savings … Read more