In medicine, we have to handover care to the physicians coming behind us. At least, for those of us that do shift work that is true. Just like we run the list to check out on the patients we are taking care of, we will run a list of articles I think you should read. So, this will be the first of many Monthly Checkouts where I hand select articles that I really think are worth checking out to you.
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.
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 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.
It’s the biggest mutual fund company in existence now known for their (passive management) index funds. You guessed it. Vanguard. Yet, Vanguard is now recommending financial advisors… Why does Vanguard recommend financial advisors? Are they worth it? Let’s take a look.
Ever wondered if there are certain months where specific financial tasks should be completed? Ever forget a deadline because you forgot to write it down? How often should you rebalance your assets? The Moderately Frugal Personal Finance Calendar aims to answer this, and much more.
[This is a guest post from Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF. It is a basic post,...
I often ask people, “Do you think you are dumb enough, if you put just a little time in, to make 10 million dollars worth of mistakes?” The point I am trying to make is that, with just a little bit of do-it-your self personal finance education, you can be your own financial advisor. Today we will discuss exactly how to go about this!
For those of us who have “seen the light” and realized that the financial shadows that dance on the wall are created by the industrial machine that want us to believe the personal finance is too hard to do ourselves. Once we are freed to realize that it is not as difficult as it used to seem, it is our responsibility to go back and to free the other prisoners. This is the Seventh Philosophy: A Responsibility to Teach
Let’s discuss the Sixth TPP Philosophy: making a financial plan! How do you expect to get there? What does this entail? What is the best product I’ve found to form a comprehensive (and affordable) financial plan? Read more…
This is my first of (at least) quarterly TPP Net Worth updates. This will help hold me accountable, help provide transparency to my readers, and hopefully provide those coming behind me some proof that financial goals can be achieved in a way to make both the head and the heart happy!
As I started accumulating financial knowledge through reading books or visiting financial blogs aimed at high-income professionals, I started to learn that debt was something to be destroyed. It delays building wealth. I don’t want that to happen to you. So, keep reading to find out more about wealth and how to build it.
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