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  • Avatar jhwkr542 
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    Status: Physician
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    Joined: 02/15/2016

    I’m pretty sure you can’t enter IBR/PAYE/REPAYE until the grace period is over unless you consolidate which, like canadianoutlaw said, takes time.  Hard to game the system this way.

    in reply to: Thoughts on student loans and the grace period #34008 Reply
    Avatar jhwkr542 
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    Splurge.

    in reply to: Honeymoon Advice #33765 Reply
    Liked by Craigy
    Avatar jhwkr542 
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    While not having reached that point, I’ve seen many topics like this over at bogleheads. There always seems to be a split that appears to be 50/50. Personally, I like the pay off debt idea like you chose, but I certainly understand the arguments on the other side. I wouldn’t lose sleep over it. It certainly wasn’t a bad or wrong decision.

    in reply to: Extra house payments vs. investing #33663 Reply
    Avatar jhwkr542 
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    So picu?

    Avatar jhwkr542 
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    For me, I excluded certain specialties based on income and lifestyle, mostly peds and FM. Not that there aren’t well compensated physicians in those specialties, it just seemed that the work and hassle need to achieve that pay weren’t worth it when I could do something else. Then I probably choose pathology based on what interested me.

    I would caution you about making decisions based purely on a single rotation. There are such a diverse array of practice setups even within each field. Really focus on what the attending is doing and see if you’d enjoy doing that. For example, if during a path rotation, you’re stuck shadowing a bad resident and stare into a microscope watching someone else drive for 12 straight hours like I did a couple brutal months, I’d have never chosen path, but I love my job now. Not that this is a plug for path, but maybe reevaluate some of those you ruled out and find out why.

    Avatar jhwkr542 
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    or to a spa or just get pedicures together!

    Click to expand…

    Have you really gotten pedicures together?  😯

    in reply to: Date night ideas anyone? #33414 Reply
    Liked by Kkhanmd
    Avatar jhwkr542 
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    The wife and I have found different venues around town that offer wine tastings or classes.  We’ll do that, which lasts about an hour, then go to dinner afterwards.

    in reply to: Date night ideas anyone? #33412 Reply
    Avatar jhwkr542 
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    I generally don’t like lease deals for a few reasons:  1.  They’re usually low mileage leases.  2.  They generally require a down payment, which is not recommended on a lease.  If you total the car, you’re out that down payment.

    Also, because Toyotas and Hondas are generally in high demand, those money factors on those leases tend to be high as well.

    in reply to: car totaled while in residency – need advice #33407 Reply
    Avatar jhwkr542 
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    Have done it by hand the last few years when my wife and I were both residents (2 W-2s, itemized deductions).  My new job actually pays for an accountant to do our taxes, so I’m using him going forward.  I probably would do it by hand otherwise. (Note:  “by hand” means filling in each line on the fillable .pdf, not actually pencil and paper)

    in reply to: Tax preparation #33406 Reply
    Avatar jhwkr542 
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    Leasing is generally never a good decision financially. It’s very close to being a rental car. Could you afford it? Based on the information at hand, probably. Are there other options that would be nearly equivalent and save thousands of dollars? Yes. Do you have the liquid assets to purchase a lightly used car? That would be my recommendation.

    Similarly, I totaled my car in medical school. Bought a used car for $4000 that lasted me 8 years. Wasn’t AWD even though we get a few snow/ice storms a year.

    in reply to: car totaled while in residency – need advice #33280 Reply
    Avatar jhwkr542 
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    Agreed, zaphod. Diplomacy and politicking I think would be the only way to approach the situation. Draft a letter from the non partners, perhaps?

    Avatar jhwkr542 
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    No personal experience but know of groups that have “sold out”.  I hate to see it never works out for the physicians unless they were poorly run in the first place.  Physicians usually take a large financial hit in the long run.  These companies that buy the groups are doing it because there’s profit to be made off stupid physicians who aren’t business savvy.  I’m guessing you have a bunch of baby boomers looking for a nice financial parachute into retirement?  Either way, I think your only avenue is to play politics and hope to dissuade them.  Possibly appeal to their emotions…”Imagine if those before you were as greedy”, etc.

    Avatar jhwkr542 
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    Earnest refinancing bonus

    9 for me, I’d say.  Pathology lifestyle (7:30-4 M-F), half-day per week, 5 weekend calls a year (where you rarely get called).  Mostly, I enjoy being around my colleagues on a daily basis and working on cases in a group-type atmosphere.  Pretty good pay too.

    in reply to: Satisfaction/enjoyment practicing medicine #33123 Reply
    Avatar jhwkr542 
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    That is awesome! Got any plans for the $35k you just saved?

    in reply to: Another "Should I have bought this car?" kind of thread #33033 Reply
    Avatar jhwkr542 
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    Unfortunately, I was trying to convince one of my partners the other day that whole life was a bad product. The sad thing was I had never bothered to learn all the details past the big picture “WL=bad”. Now I’m having to learn about it to convince people why it’s so bad

    in reply to: Inappropriate Whole Life Policy of the Week #32836 Reply
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