Imposter Syndrome and Retirement “Face it Til You Make It” is the cure for imposter syndrome. It is an obvious variation of fake it til you make it. We all face high-stress situations when we feel inadequately prepared. Imposter […]
Are lower expectations the key to a successful retirement? We demand a lot out of retirement. What if the key to a successful retirement is lower expectations? We spend a third or more of our life retired. After all […]
Freedom Freedom is the ability to respond rather than react. This means that the amygdala has detected a threat. And you become conscious that your body has detected a stressor. Viktor Frankl says: “Between stimulus and response, there is […]
Lock in Training Rates for Disability Insurance I’ve been giving financial talks to third-year family medicine residents for seven years, and I have been impressed with the degree of improvement in their financial literacy. The one exception is that […]
Accumulation Basics for Physicians Assume you make a doctor’s salary and are just starting. You need to understand the basics of accumulation. Of course, you got a late start since you are old after med school and residency and […]
Investing as Simple as Possible Investing made as simple as possible: Buy stocks when you have the money Sell when you need the money Simple and easy. But let’s get into the details to determine what you should do. […]
Should I buy short-term TIPS or just a regular TIPS fund? TIPS, like other governmental bonds, have duration. Duration reflects the investment’s sensitivity to changes in interest rates. Should you buy short-term TIPS or, perhaps, an intermediate-duration TIPS ETF? […]
What Happens When a Narcissist Hits an Effective Boundary When setting a boundary with a narcissist, expect it to be challenged as a matter of course. A narcissist finds boundaries intolerable because they lose control. Once you understand you are […]
Guardrails vs Other Withdrawal Strategies I’ve spent some time looking at withdrawal strategies during the spend-down phase of retirement. The planning software allows me to model several versions, including Guardrails, Floor and Ceiling, and also let future spending be […]