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Jimmy Turner, MD

4 Reasons Doctors Don’t Save Enough Money

4 Reasons Doctors Don’t Save Enough Money

Whenever I tell people outside of medicine how bad doctors are with money, they are always shocked.  Almost universally they wonder why we don’t save enough money.  They understand that – in order to become a doctor – you must be hard working, intelligent, and dedicated to the cause.  These are the same attributes – when they are applied correctly – that result in financial success.  How in the world can doctors be bad with money, then? 

Teaching FIRE to Your Kids

Teaching FIRE to Your Kids

I thought about naming this post “Children on FIRE” or “Teachings Kids to Play with FIRE”… but none of those sounded right.  Since I didn’t write this post originally, which was first published over at Physician on FIRE, I decided to tame down the title…. never the less, this is a really important topic that all parents should spend some time thinking about.

What is a Safe Withdrawal Rate? A Case Study on The 4% Rule

What is a Safe Withdrawal Rate? A Case Study on The 4% Rule

If you have ever wondered about how much you can take out in retirement or if you will be able to withstand a down market right when you retire, this post is for you. It is a case study with graphs and charts that will help you better understand the dilemma, and whether you have “enough” to be financially independent. It is a must read.

The Most Important Thing About Investing

The Most Important Thing About Investing

There is a lot that you can learn about investing, and yet even the experts don’t believe the “how to” portion is the most important thing you should learn about investing. What is it then? What is the most important determinant to your investing success? Keep reading to find out.

Social Arbitrage: Choosing Your Friends Wisely (BFS #4)

Social Arbitrage: Choosing Your Friends Wisely (BFS #4)

You are the average of the five people you surround yourself with. This is why you must choose your friends carefully, and take advantage of social arbitrage. This might be most important determinant in your spending habits, and your chance at financial success.

4 Ways Financial Independence Fights Burnout

4 Ways Financial Independence Fights Burnout

Burnout has been in the news a lot lately. Maybe the big time media is finally catching on to what the rest of us have been talking about. It is now an official diagnosis, and TIME investigated how costly it is to medicine. We will explore all of that and outline 4 ways that financial independence can fight burnout.

5 Ways Money Buys Happiness (BFS #3)

5 Ways Money Buys Happiness (BFS #3)

We all think we know what makes us happy, until we realize that studies show that humans are terrible at figuring out what makes us happy. Enter consumer regret, doubt, and adaptation to make sure our happiness is worse after we spend money than it was before. Surely, there must be a way to spend money that will make us happy. Right?

How do I Choose the Right Mutual Fund?

How do I Choose the Right Mutual Fund?

The first investing decision many physicians make happens when a 401K or 403B form is slid across the table at our first job. Suddenly, your heart races as you see over 30 funds to choose from. How in the world do you decide? That’s what today’s post is all about.

When You Should Get Student Loan Help

When You Should Get Student Loan Help

I get emails all of the time (and in-person consults, too) about student loans. What should I do? Is this program right or is that one better? It can be a complicated mess, and sometimes we need to get help with our student loans. This post will help you figure out where you sit with your loans, and when and where to get help should you need it.

The Monthly Checkout: May 2019

The Monthly Checkout: May 2019

It’s that time of the month. Tag along as I feature some of the best content on the internet! From moral injury to financial independence and cognitive biases, it’s all covered! I even feature an awesome new brand and my favorite physician burnout blogger.