Today we discuss some sage advice that I was given before I got married on three of the biggest causes of divorce. A touchy subject to be sure, but one that influences both your wealth and wellness more than just about anything. Come join the conversation as we discuss a tough topic.
Month: April 2018
I started blogging in November 2017. So, my first quarterly net worth update was six months out (or two quarters into being an attending anesthesiologist). How am I doing now? What goals have I achieved? Grab a drink, sit down, and come find out in the 2nd Quarterly Net Worth Update.
As I wash my hands right after I hang up the phone, the overhead call rang out: “Attention. Your attention, please. A Level 1 trauma code has been activated in the adult emergency department.” It was a gun shot wound to the right chest. I rinse my hands off, and head down to the ED… just another night in A Doctor’s Life. Ready. Rinse. Repeat.
If you made it through Part 1 (My background), congratulations.
That was probably not what you expected to read, but I bet the rest of this post will be. FIRE bloggers have been charged to come clean, and so here it goes! The TPP Blogging Manifesto. Part 2: Coming clean.
Have you ever felt that impending doom of being seen as a failure? If you have any humility about yourself, the answer is probably yes. It’s called “imposter syndrome.” The prescription? Avoid the Duning-Kruger effect. Want to know what that is and how to avoid it? Just keep reading.
In recent news, FIRE bloggers have been charged with creating a manifesto to describe their background and means for financial independence and early retirement. In Part 1 of the TPP Blogging Manifesto, I plan to lay out exactly what my financial beginnings looked like. Come step inside my head a bit & get to know me.
The sister of one of my best friends went off the deep end in college. We will call her Trinity. She got caught up in the wrong crowd, made some bad decisions, and ended up dropping out of college. The direction that Trinity ended up going was really distressing to her parents. The crazy part? They blamed it on the college that she attended. This is a lesson in making sure our life goals play nice with our financial goals.
He was planning to retire early at age 40 and didn’t want to have to deal with the tax implications of getting money out of a 401K/403B prior to age 59.5 years old (10% penalty!). Let’s discuss the options on how to access 401K before age 59 for those considering early retirement, and how to avoid the 10% penalty.
The Stretch IRA is the gift that keeps on giving. It provides a wonderful way to leave an inheritance and has particular benefits not seen by other kinds of inheritance money. Perhaps there is a reason why “Roth money should be touched last” in retirement.
As health care providers, we often feel like we have it all figured out. Yet, we get stuck in the rut and routine of our daily lives. Instead, we miss the present. The Dalai Lama is here to teach us what we are missing in three lessons from the Dalai Lama for the doctor and other health care workers.
The most common question that I get (in real life and online) is the following: “So, I am finished (or about to finish) training. How do I invest my paycheck?” I recognize that for many readers this question may be too basic, but I don’t want to skip it for those that are about to start their life as an attending. Hopefully, even for those that have it all figured out, they’ll find useful information in answering the question.