5 Good Times to Retire (and 1 Bad Time)
Per the 4% guideline, you can spend about 4% of your portfolio a year. But there are five times when that number might change significantly.
Per the 4% guideline, you can spend about 4% of your portfolio a year. But there are five times when that number might change significantly.
Tax-deferred retirement accounts can reduce taxes, protect assets, plan your estate, and boost returns. Ignore them at your peril.
If you have access to TIAA’s real estate account and you're thinking about investing in QREARX, here's what you should be thinking about.
Borrowing, when done smartly, can provide flexibility and help you reach financial goals. One option is a Home Equity Line of Credit (HELOC).
Answering reader questions about decumulation in retirement, how to start withdrawing from your investments, and when and if you should increase your bond allocation as you are nearing or entering retirement.
What should you invest in if you're really, really worried about the current level of the US debt? There are plenty of options to consider.
Many founders who think they have a great business idea ask private investors, aka angel investors, to make their dream a reality.
We bought a home about four years ago, but we couldn't move in because squatters occupied it. Here's the conclusion of our long, long story.
Let’s journey back in time and discover how and why a respected doctor tried to reverse the death of George Washington.
Those with high incomes and a large net worth could benefit from a Domestic Asset Protection Trust (DAPT). Here's what to know.
You know that you, as a white coat investor, need disability insurance. But how much should you actually buy? Here's how to figure it out.
Answering reader questions about capital gains taxes and how to limit them, how to use tax losses in retirement, and how to be tax-efficient during your training years.
For years, I believed my money problems stemmed from a lack of financial knowledge. But then I learned how money scripts can impact us.
Every year, millions face one of the most challenging math questions in personal finance. How do you figure out whether to take an HSA?
WCICON26 registration is officially open! And if you sign up now, you can get early-bird pricing that will take $300 off the in-person price.
After much thought, our portfolio is changing this year from one reasonable portfolio to another. We'll see how it goes. Update in a decade.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.
Rich people don't "manage" debt. They eliminate it. Not stupidly, but reasonably and consistently. It's a behavioral thing, not a math thing.
Disability insurance is crucial insurance for the vast majority of physicians to secure. Buy it right the first time, and you may never have to do it again.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
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.
People often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
New residents have a big desire to buy a house. But it's a gamble of your time and money at a period of life when you have little of either.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
As 2024 turns into 2025, let's explore why you should invest, how to invest, and exactly when you should invest.
The passage of the One Big Beautiful Bill Act will affect plenty of doctors when it comes to income, taxes, healthcare, and student loans.
Why are people scared about the decumulation phase in retirement? It has more to do than with how much money they have. Let's explore why.
Learn the basics of real estate investing—from hard money loans to mezzanine debt, capital stacks to waterfalls, depreciation, 1031 exchanges, strategies, and lots more.
The secret to becoming a wealthy physician is contained in these four words: "Live Like a Resident." Earn like an attending, but spend like a resident to become very wealthy, very fast.
Stress is all but guaranteed in the medical profession. But here are some medical specialties that are more stressful than others.
There are LOTS of reasonable budgets. Learn to create one to fit YOUR priorities and values as you use money as a tool to bring happiness.
It was remarkable to discover the difference between aiming for FI and reaching FI. Here are some math and psychological lessons I learned.
How can you access the mental health support you need while protecting your career and livelihood as a doctor? Here are some suggestions.
What are the most unbiased, accurate, high-yielding, current, and entertaining financial books for doctors and other high income professionals? Here you go!
I've done the things that people say they'd do if they didn't have to work—travel, hobbies, time with family. Sometimes, I'm still not happy.
Credit card travel rewards allowed me to take vacations I never dreamed I could. But does the travel hacking math really work in my favor?