An insurance agent who is a "believer" in the value of index universal life insurance sent me an illustration for what he considered to be the best Index Universal Life Insurance (IUL) policy out ther...
I frequently see articles about why you should hire a financial advisor, especially an asset manager. Recently, OJM, a physician-focused financial advisory firm, sent me a link to a newly-written arti...
When it comes to personal finance, some things matter more than others. The secret to wealth is no secret, and getting rich slowly works best. The path to wealth is to make a lot of money, save a lot...
Phil Demuth's the Affluent Investor is a treasure trove of little known facts about how the well to do should invest their money. Every doctor should read it.
When investing in retirement you'll need to pay more attention to the sequence of returns, safe withdrawal rates, and especially, inflation.
Indexed Universal Life Insurance sounds awesome. Market Returns, no downside risk, plus a death benefit? What's not to like? Unfortunately, it's too good to be true. Find out why!
Peer to Peer Lending (P2PL) is a relatively new asset class I've been investing in for a few years with good success. The risks are high, but the low correlation with the rest of your portfolio coupled with the high returns make it worth looking into.
Your children can help you lower your tax bill. Don't be afraid to take advantage by hiring them and gifting them money in a UGMA/UTMA.
I had the opportunity recently to read Charley Ellis's Winning The Loser's Game. This is an investment classic and should be required reading for anyone who is either picking their own stocks or tryin...
The decumulation stage is far more complicated than the accumulation stage, but utilizing tax diversification wisely can add real value for you and your heirs.
Insurance agents sell policies by scaring you about future tax rates and advocating you invest in insurance to get to a 0% tax bracket in retirement. Beware!
Sometimes, smart people simply aren't aware of the financial issues they need to take care of. New physicians either need to do their own financial planning, or pay someone else to assist them with i...
By Konstantin Litovsky, Guest Writer When we talk about retirement plans, specifically the 401(k) plans, we always have in mind participant-directed plans in which all plan participants get their own...
Nearly every educated financial advisor agrees that tax diversification is a great idea when planning for your distributions in retirement. Tax diversification means having some of your assets in tax...
Profit-Sharing Plan too expensive? Try the Mega Backdoor Roth IRA as a small business retirement plan.