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
(This article turned out to be way too long, so I broke it into three parts. Part 1: Pre-Cruise is the preplanning and the three days we spent in our embarkation city. Part 2: The Cruise is all about the ship and the cruise. Part 3: Post-Cruise is the three days we spent in the … Read more
As I encounter information I feel is especially valuable I like to pass it on to my readers. Following are a few recent gems I discovered. I hope you find them as useful as I did. This episode of Fawcett’s Favorites includes a great new physician financial book, comparing what those who are about to … 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 a debate between myself and The White Coat Investor on the value of timeshares, be sure you know what you are retiring … 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 how to never run out of money in retirement, how disability insurance bought this doctor a car, are prior authorizations getting out of … 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 how much money does it take to live in New York, a check list for those retiring soon, why margin of error might … Read more
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
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 every physician should own a timeshare for travel hacks, self-funding long term care, twelve rules to break on your path to wealth … 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 pay off debt vs invest, how much does it take to be happy in retirement, nurse practitioners have worse outcomes at a higher … Read more