(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
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
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; managing Christmas expectations while teaching value to your kids, you don’t need an attorney to review … Read more
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
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 pay off debt or invest, real estate as a post medical career, does specialty choice make … 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 why you should take social security at age 62, understanding why you can buy a house … Read more
Forums and Facebook groups abound with a frequently asked question that sounds something like this: “Should we sell our positive cash flow rental to buy (insert fun new toy) so we don’t have to attain a loan?” When someone wants to buy a new car, boat, or motorhome but they have learned that buying toys … 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 book review of The Doctors Guide to Navigating a Financial Crisis, how to get rid … Read more