The Different Levels of Wealth Explained in Simple Terms
How does your wealth, or lack of wealth affect your daily life? Why not aspire to a level of wealth where you don't care what you spend on a vacation or a meal and where giving becomes easy.
How does your wealth, or lack of wealth affect your daily life? Why not aspire to a level of wealth where you don't care what you spend on a vacation or a meal and where giving becomes easy.
Physician on FIRE explores financial independence for a doc with a substantial budget and high spending habits.
A discussion today with Crispy Doc about how his mid-career burnout was transformed by financial literacy. We talk financial independence, liking your job, quality of life, super saving, DIY portfolio design, entrepreneurship, and lots more.
You know who you are. You drive an older car, mow the lawn, and live in a middle-class neighborhood. Your secret is your multi-million dollar net worth and your pending early retirement.
If acquiring a nest egg sufficient to support your family for the rest of your life is your most important financial goal, what comes next? This is a dilemma we hope every reader will eventually face.
What is different in your investing life as you approach retirement? Not much. You don't need to be doing something dramatically different than a 25-year-old. The mix may be different but the investments will be the same.
My informal surveys suggest nearly every physician would like to work less than they are working now. I practice medicine part-time because I can. Here's why I think that is a good thing.
The WCI Network is all together tackling topics like investing in REITs vs owning individual rental properties, achieving FIRE without the side-hustle income, and lots more. Entertaining and informative, don't miss this one!
Today we cover how to handle inflation in your long-term retirement plan, the military pension, long-term care insurance, ABLE accounts, health insurance, buying a home vs paying off debt, and reader questions.
Time goes by way too fast. There are limited hours, days, and summers for each of us. PIMD reminds us to not get so caught up in making money that we miss out on making our dream life a reality.
How will you spend your time in retirement? Hopefully doing more of the things you wish you had time for right now! Here's Physician on FIRE's list for how he plans to fill those hours.
What are your reasons for early retirement? You might be surprised by the reasons Physician on FIRE has decided to pursue FIRE.
There is a new look to retirement. It's no longer just a date on the calendar when you switch from full-time to not working at all. Here's a look at PIMD's gradual retirement.
Are you afflicted with One More Year syndrome? Physician on FIRE is. OMY is a powerful way to make a big difference financially for your retirement.
Aiming for FIRE? Max out your retirement accounts before investing in taxable. Why? Math.
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