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 […]
Direct Indexing or VTSAX? Is Direct indexing a good option for the average DIY investor? The standard of care is VTSAX (or VTI), a 3-fund portfolio, or 6-10 ETFs for factor investing. When will direct indexing be better than […]
Best Retirement Podcasts 2024 Which podcasts are the best retirement podcasts for 2024? I like retirement podcasts, which are information-rich and focus on the planning or financial aspects of retirement. Other podcasts that cover the purpose and emotions of retirement […]