Physician Early Retirement Plans Physician early retirement is not a novel idea, but perhaps one that now has a more developed framework. It is an idea whose time has come: take back the keys to your j.o.b. and work […]
Callan Chart 2024: Two Decades in Review The Callan Chart is evidence that humans are pattern-seeking animals. From Rorschach tests to stuff seen in clouds, we seek to impose structure and design where there is none. So, too, with investors […]
What are the Long-term REAL Returns? Everyone is currently worried about inflation, especially those about to retire. A poor Sequence of inflation is a retirement risk and hyperinflation (and deflation) are economy killers. But let’s not be pessimistic! The question […]
Should I Retire: a False Dichotomy Whether I should retire is not a yes or no question. Whenever you only have two choices, that’s a false dichotomy. There are always more than two choices if you are honest. So, since […]
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 […]
Cash Flow Index vs Debt Snowball? Cash flow index. Who knew there was a third strategy for debt repayment? Traditionally, Dave Ramsey’s followers subscribe to the debt snowball in which the smallest debts are paid first to free up money […]
Should You Use your Non-Governmental 457(b) Plan? This is the ultimate guide to non-governmental 457(b) plans. If you are a highly compensated employee of a non-profit institution and want to know if you should use your 457 plan, chances are […]
Five Forms of Post-Traumatic Growth Rain falls in everyone’s life. Trees, too. Trauma is common. So is post-traumatic growth! About half of people report moderate to high post-traumatic growth. The tree across my path; the few data regarding post-traumatic […]