I want to wish all you mothers an early Happy Mother’s Day. We welcomed our first grandson into the world a few months ago and I have been reflecting on both the effect he has had on our family, and the effect our family will have on him. Every woman’s face just lights up when … 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 money can’t buy happiness but…., the double penalty a widow pays, legal steps to take after … Read more
It’s hard to believe how many people still question whether the 4% rule will work for their retirement, as if they or anyone else can predict the future. There is very good retrospective data that shows how this rule has done over time as the market and interest rates changed over the last century and … 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
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 FIRE lessons from the Jamaican Bobsled team, the best way to pay off debt, proof that … Read more
One very lucrative way to sequence your distributions in retirement is to take money first from taxable savings and brokerage accounts; leaving the money in your retirement accounts to continue growing tax deferred or tax free (Roth). This is beneficial because taking money from taxable accounts requires you to pay taxes on the gains. The … 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 a fatal mistake we are making regarding using the 4% rule for retirement, some doctors are … Read more
(Running out of time to get your tickets to the WCI CME conference on Physician Wellness and Financial Literacy which starts Thursday. Don’t miss my lectures on debt and retiring with real estate cash flow.) Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to … Read more
This month marks four years since I turned in my beeper and walked out of the hospital to the song 18 wheels and a dozen roses, by Kathy Mattea. It was a bit scary to give up surgery at age 54, hoping we had enough money saved to meet our needs for the rest of … Read more
Over the last 32 years I have been following the literature concerning money, investing and debt. In the last few years I started writing about the topic as well as sharing my knowledge with other physicians through one-on-one financial coaching. Through the years I have seen many people make the same mistakes when projecting financial … Read more
