Investing Advice for Doctors: The Pareto Principle

Investing advice for doctors

The Pareto Principle can be stated many ways, but the premise is that 20% of the work will get you 80% of the results. Investing advice for doctors is no different. It may seem complicated, but with a little knowledge about what falls into the 20% doctors need to know about personal finance it doesn’t … Read more

Should I Invest in My 457 Plan?

457 plan

Investing in your 401K/403B is a straight-forward decision, even if you are loaded up with debt. A much more complicated question to answer is whether you should contribute to your company’s deferred compensation 457 plan. Today’s post will answer the question, “Should I invest in my 457?” The What, when, and why.

Can I trust PSLF? The PSLF Side Fund

Can I trust PSLF?

A recent area in physician personal finance that has the same dilemma, which requires the Trust, But Verify method is PSLF (Public Service Loan Forgiveness).  People often ask, “Can I trust PSLF?”  My answer?  Have a back-up plan.
And trust, but verify.  Let’s dig in.

Proof is in the Pudding: Live like a Resident

Live Like a Resident

It’s often said, “Live like a resident during and after reisdency!” But where’s the proof that you should live like a resident after residency?  Well, the proof is in the pudding. Let’s look at the ingredients to see if that math adds up.

It’s Wrong for Doctors to Retire Early

Doctors retire early

Today’s post strikes deep into the heart of the message on this site. Some people attack doctors who plan to achieve early financial independence and retire early. In fact, I’ve seen some people say that its wrong for doctors to retire early. Them is fighting words to me. Agree? Disagree? Come find out.