March 11, 2021 Retirement Ages Geared to Life Expectancy For most of the 20th century, life expectancy was on the rise. Yet older Americans were retiring at younger and younger ages. That changed in the 1990s. Life expectancy continued to rise, but retirement ages started increasing too. Many significant developments are behind the dramatic shift in retirement habits, including the ...

April 1, 2021 What the Research Can Tell us about Retiring It’s difficult to envision what life will look like on the other side of the consequential decision to retire. But research can help demystify what lies ahead – about the decision itself, the financial challenges, and even the taxes. Readers understand this, as evidenced by the most popular blog ...

Long-time readers know we’ve done The White Coat Investor Scholarship for years, giving out as much as $100,000 in cash and prizes. However, in 2019 we started doing another award, this time for attending level physicians and dentists. This is the financial educator award for people who are trying to boost financial literacy among their colleagues, trainees, and students. In ...

Long-term readers know that when we renovated our house last year I had the garage wired for electric car chargers. Well, my old Sequoia finally broke down (RIP) so we bit the bullet and got one. It is super fun to drive and the acceleration is unreal. The need came up all of a sudden at kind of a bad ...

[Editor’s Note: Today’s guest post was submitted by Jannette Collins, MD, MEd, FACR. She has served as a program director, GME dean, and department chair and currently directs content MRI Online. She also blogs about radiology jobs, finance, and education for The Reading Room. We share an interest in financial literacy education in medical school and residency, but have no ...

I run into people all the time who argue that Social Security is not going to be there for them, so they’re not counting on it. As near as I can tell, few of those folks actually understand what that means.   5 Reasons Why You Shouldn’t Ignore Social Security in Your Retirement Calculations #1 Social Security Isn’t Going Anywhere ...

[Editor’s Note: Tomorrow, March 30, 2021, is the final day to receive $100 off on our new CFE 2021 course! CFE2021 is approved for up to 17 CME credits and includes all 50+ hours of content from our recent Physician Wellness and Financial Literacy Conference. Register here RISK-FREE today!] Many doctors wonder, “Should I buy disability insurance as a resident?” Long-term disability ...

There are many, many ways to invest in real estate, and the decision of how exactly to invest is based on many factors. Some people, for example, make real estate a full-time job and dedicate many hours a day. Others work a handful of hours every quarter and still bring in a decent chunk of monthly income. If you’ve been interested ...

[Editor’s Note: Passive Income, MD’s Leverage and Growth Virtual Summit for Physicians is underway and live-streaming for FREE through March 28! This is an incredible venue to connect with mentors and like-minded physicians all with the goal of creating multiple streams of income. Don’t worry if you’ve missed out on speakers from earlier in the week—all talks are available for ...

Podcast #203 Show Notes: Benefits and Drawbacks of a Management Service Organization (MSO) Management service organizations (MSOs) provide a range of administrative and managerial services to doctors. With the trend in practice ownership changing from ownership to employees, more people will be interacting with MSOs, either as an organization providing administrative services for your practice or as private equity buyout ...

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