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 […]
Metacognition vs Meta-awareness Metacognition is thinking about thinking. Meta-awareness is more immediate, being aware now that you are thinking about your current situation. The term “meta” turned me off since metaphysics in college. Meta means beyond or above and […]
What Are QLACs? What are QLACs and should you get one? Another “good annuity” is gaining interest: the QLAC (Qualified Longevity Annuity Contract). This is “a DIA for your IRA.” A QLAC is a Good Annuity, Too! A QLAC lets […]
Stocks and Time People say that stocks get less risky the longer you own them. Stocks are riskier the longer you hold them. You know: don’t invest money you need soon. But for the money you need in retirement, […]
Choosing between Premium ACA Tax Credits and Roth Conversions in Early Retirement Health care is perhaps the most challenging decision in early retirement. Healthcare insurance is expensive, yet the risk of inadequate coverage is potentially devastating. For an early retiree […]
Qualified Disclaimers: Flexible Estate Plans A Flexible Estate Plan allows decisions to be made in the future when more is known. Qualified Disclaimer Estate Planning is flexible and tax-efficient. Pay attention if you have beneficiary forms that control how assets pass […]