Retirement – Page 2 – FiPhysician

‘Identity Bridging’ in Retirement

‘Identity Bridging’ in Retirement Let’s face it—some people are scared to retire. It’s not a matter of what to do with the time; it is a matter of what my identity is in retirement. Who am I once I retire? […]

Imposter Syndrome during Retirement

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 […]

Expectations in Retirement

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 […]

The Basics of Accumulation for New Attendings

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 […]

Physician Net Worth at Retirement

Average Net Worth of Physicians at Retirement Some physicians are excellent accumulators of wealth. Most are not. What is the average net worth of physicians at retirement? Doctors are a heterogeneous lot; this much is true. Let’s review the epidemiology […]

Audaciously Authentic

Self-Acceptance in Retirement Working people introduce themselves by what they do. When you retire, you introduce yourself and say who you are. You have a different identity pre-retirement than when you retire. As we shift from “what you do” to […]

The Portfolio Size Effect

Get the Last Doubling – The Portfolio Size Effect The portfolio size effect leads to a tough decision: a tradeoff. All investment decisions are tradeoffs. You want to get what you can from the market before you retire while […]

Better Friendships in Retirement

How to have better friends in retirement Understanding your attachment style can help you have better friendships in retirement. About half have a secure attachment style. The rest have a mix of insecure attachment features (like avoidant or anxious). The […]

Using RMDs to Assess Asset Allocation

Asset Allocation Using RMDs Can you use Required Minimum Distributions (RMDs) to help determine your asset allocation in the retirement drawdown phase? Imagine you are living off your assets (taking an income from your nest egg). What might your asset […]