Hanging Up the White Coat: Planning the Emotional Side of Life After Medicine
Several major transition points in our lives have an oversized impact. Retirement is one of those. Here's how I'm thinking about it.
A full, happy, comfortable retirement is where so many WCIers have been aiming since they began working. The main questions: what’s the best way to get there, and once you arrive, how do you begin to live and fund your new life?
Several major transition points in our lives have an oversized impact. Retirement is one of those. Here's how I'm thinking about it.
Some people believe you should never spend your principal in retirement. Here's why I totally disagree with that philosophy.
Going from accumulator to decumulator is not like flipping a switch. It’s psychologically recalibrating your entire money life.
We asked 15 questions to determine how those who have retired got there. So far, about 125 people have responded. Here's what they said.
Some might feel this is a ridiculous premise, but it actually could make sense to use airline points to manage risk in early retirement.
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A conversation with Bill Bengen—the creator of the 4% rule—to discuss how retirement strategies have evolved, what high-income professionals should be thinking about now, and his current recommendations on safe withdrawal rates.
After eight years of managing our funds and averaging over 9%, I was feeling confident. But if you change your mind, things can get messy.
The safe withdrawal rate says you can spend about 4% of your portfolio in retirement and not run out of money. But is that actually accurate?
If you're worried about Sequence of Returns Risk and the 4% rule in retirement, know what the real problem is. It's not always poor returns.
When fantasizing about your retirement, you should know that it probably won't go as you expect—monetarily and in every other way.
We asked 15 questions to determine how those who have retired got there. So far, nearly 100 people have responded. Here's what they said.
A wide-ranging and insightful conversation with Morningstar's Christine Benz, where we discuss her annual retirement income research, the realities of spending in retirement, and the challenge many retirees face in giving themselves permission to spend.
Every month, I see data indicating that many regular doctors really don't save all that much for retirement. Here are some actual numbers.
One-quarter of doctors in their 60s are not even millionaires. That is a huge failure. Here's how to prevent that from happening to you.
The Trinity Study was key in determining that you can't spend 10% of your portfolio each year and expect it to last. How much can you spend?
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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