Non-Deductible IRA After-tax contributions to a traditional IRA are a common problem. These results in basis in your IRA. That is, you have money you have already paid taxes on in a usually pre-tax account where you still owe taxes! […]
We All Numb—and why not numb? Most doctors “numb” their emotions through overworking. In addition, activities, substances, and other escapes are common. Our go-to numbing technique for physicians is always being busy, including at the hospital. If we stay […]
Don’t Die with your HSA Let’s keep this short and to the point: Don’t Die With your HSA! Yes, non-spouses can inherit leftovers from your Health Savings Account. However, while it is tax-free to you, unfortunately, it is fully taxable […]
Portfolio Stress Testing A Portfolio Stress Test is an important consideration when considering the resiliency of your current assets in light of future potential risks. Future risks include known risks—market crashes, for one—and potential risks such as inflation and longevity. […]
Investing and Acute Stress Response When I went to med school, fight or flight were the two options for an acute stress response. Well, I guess humans have evolved since then (or at least our understanding of them has), […]
Relentless Flying Monkeys The monkeys fly, and the narcissist cackles! Why do narcissists use flying monkeys to do their dirty business, and what can you do? You can imagine it’s complicated as the monkeys think they are just protecting your […]
Longevity Risk and Retirement Planning Longevity Risk and Retirement Planning go hand in hand. Longevity is the great risk multiplier in retirement! We all know the greatest fear in retirement is running out of money. The longer you live, the greater […]
3 or 4 Fund Portfolio? Why do Bogleheads and Vanguard disagree about exposure to International Bonds? Bogleheads advise a three-fund portfolio containing US and International equities (globally diversified) but submit that US bonds are sufficient. Vanguard recommends a four-fund portfolio that includes […]
The 10-Year Rule Increases Taxes What is the 10-year rule, and why is it important? After 2020, most non-spousal beneficiaries pay attention. The 10-year rule will cost you more in taxes passing on your pre-tax retirement accounts. Do […]