Everyone has an idea of what they want their retirement years to be like. But when we finally pull the trigger and retire, we are traversing a new path for the first time. With no prior experience, we are likely to hit some snags. It’s best to learn about these snags from others and not … 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 one physician owns no bonds, quitting these seven habits will make you happier, what we can learn from the affluent and their … Read more
We are all likely to be faced with deciding what to do with a financial windfall, and for many of us it may happen several times. For some it will be a small windfall like getting a tax refund you weren’t expecting or a yearend bonus. For others it could be a big windfall like … Read more
As 2021 draws to a close, and we start thinking about beginning the new year with a fresh start, we think about making New Year’s resolutions. Although we plan to achieve these resolutions during the year, often by the end of January we have reverted back to our old ways. Resolutions long forgotten. But not … Read more
When I discuss living on half of one’s income, I’m almost always met with, “that would be impossible for me.” They say it as if it were a fact, that some outside source is preventing them from living on significantly less than they make. This outside source is somehow keeping them from saving a good … 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 an easy mnemonic for establishing a financial plan, actual costs of traveling the world in retirement, … Read more
As 2020 draws to an end, it is time to close the year and give ourselves a fresh start. When a new year begins we make New Year’s resolutions that we plan to achieve during the year, but often by the end of January we have reverted back to our old ways. Resolutions long forgotten. … Read more
So, you have settled into your first job as an attending physician. This is an exciting time with many big changes. You likely moved to a new city, had a significant pay increase along with a huge jump in responsibility. Now is the time to decide how to repay your student loans. Whenever you have … Read more
Americans have a big financial problem according to a recent government study. In one of the most prosperous nations on earth: 40% of us can’t afford a $400 unexpected expense, 20% can’t pay all the bills in full this month, a quarter skipped seeing a physician due to lack of funds, and 25% have nothing … Read more
