Everyone is using the 4% rule wrong

Most people who are saving for retirement are familiar with the 4% rule. According to this rule, proposed by William P. Bengen in 1994, and later confirmed by Trinity University in 1998, you can withdraw 4% of your retirement assets the first year of retirement and then increase your withdrawal for inflation each year thereafter. … Read more

Fawcett’s Favorites 10-26-20

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 why you should take social security at age 62, understanding why you can buy a house … Read more

Fawcett’s Favorites 9-21-20

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 what life feels like in the trenches of a COVID-19 hospital, fighting boredom in retirement, facts … Read more

Fawcett’s Favorites 7-6-20

Every week I run into a few articles that I feel are especially valuable and 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 Medscape’s physician debt & net worth report 2020, why Bill Gates is happier today than … Read more

Fawcett’s Favorites 5-18-20

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the second week of a free 50+ doctor financial summit, how financial independence made this doctor’s … Read more

Six Good Things Brought About by the Pandemic

The pandemic our world is experiencing will result in some modifications to life as we know it. After living through a bad event, we tend to come out the other side with new knowledge that will bring about some needed changes to better our world. Yes, death is bad and the loss of one’s job … Read more

Fawcett’s Favorites 2-17-20

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include your hospital will not love you back, ways doctors can lower their risk of burnout, when … Read more