After running this blog for about 18 months, I came to the realization that things had to change. Between my family life with my full-time (and amazingly gifted) wife and our three kids, my main job as a full-time anesthesiologist, and all of my non-clinical responsibilities – it was starting to become a bit overwhelming. … Read more
The realization hit me the other day while reading the book A Doctor’s Guide to Eliminating Debt. At the end, the book poses a great question: “What are you retiring to?” It talks about the finish line. So, I’d like to discuss five things that I’ll do much more often when I cross my financial independence (FI) number, or life after financial independence.
It is not a sexy topic, but it is one of the most important (if not THE most important) topic in personal finance for doctors. Here are the top 10 questions about disability insurance for doctors, and an answer to each. Don’t skip this. It’s important, and that is coming from someone who screwed this up and cannot get disability insurance now.
Some things in life are worth celebrating. We know that the road to financial independence can be long, and so we must not wait to get there before we have cause for celebration. Here are ten milestones on the financial independence journey that should make you pause, take notice, and take a moment to enjoy.
I told him I needed life insurance. He said sure. He told me I needed disability insurance. I told him no (three times in fact). He asked if I was healthy, and I mentioned a couple of medical problems for which I get treatment. Eventually, though he sold me on the idea of going for it. “What could it hurt to try….” It hurt a lot.