This month marks nine years since I retired from practicing medicine.At age 54, even though my wife, an accountant, assured me we were financially ready for retirement, I wondered if we had enough passive income and retirement savings to meet our needs for the rest of our lives. I also wondered if I would miss … Read more
I enjoy reading books for both education and entertainment. I learned a long time ago that leaders are readers, so I make it a point to constantly be reading a book or two at a time. I read 71 books this year not counting the duds I put down after only reading a chapter or … Read more
Burnout is very prevalent in the medical field. I have coached many physicians that feel burned-out. When I ask them what they think the cause is, 100% tell me it is due to something about their work. No one ever mentions their workaholic tendencies as being a contributing factor. Yet when we begin discussing the … Read more
The year seems to fly by faster every time I write this letter. I hope you all had a good year. Keith: Our youngest son is working for the power company, trimming the trees back from the power lines. He has always liked heights much more than the rest of us. In his climbing class, … Read more
As another year ends, there are a few tasks we should all consider completing. Some of the tasks have penalties assessed if they are not completed on time and others just lead to a lost opportunity if the deadline is missed. I missed a big opportunity the year I retired when I didn’t realize my … Read more
Could Someone Use a Thank You? Can you remember the last time someone told you thanks? How did it make you feel? I can remember a particularly low time in my career when I felt I was not making an impact. I realized one of the reasons I felt that way was because no one … Read more
Is it better to pay off your student debt or save for retirement? It is unbelievable how often I hear this question. Often asked as if the person’s financial future is dependent on getting this question correct. The best answer for any given person at any given time depends mostly on what their budget looks … Read more
I just returned from a nine-day mission trip to Mexico with eight other adults. This happens to be the same trip my son made with our church’s youth group 18 years ago. My contribution for his trip was to write a check. When I heard about this opportunity, my first thought was to write another … Read more
Just a quick note to let you know of a couple of interesting things. The latest podcast with me, Dr. Cory S. Fawcett of Financial Success MD, was just released. I had a discussion with Dr. Param Bala on my journey into real estate, how I did it and how it turned out. Take a … Read more
The healthcare industry has a never-ending supply of people who want your time. You can literally work 24/7 if you don’t set some boundaries. Most jobs have a fixed start and stop time, but not yours. You must set the start and stop time. Every day, several people will call the office and ask to … Read more