How To Open A Taxable Account At Vanguard
Last week we saw that most of us will need a regular brokerage account, or taxable account, to house our savings, especially as we pay off student loans and have…
Last week we saw that most of us will need a regular brokerage account, or taxable account, to house our savings, especially as we pay off student loans and have…
I often see this question posed on social media, "I max out my work retirement accounts and still have some money I could save for the future. What do I…
Last updated: June 24, 2020: When the Greek philosopher Heraclitus said, "Change is the only constant", he was probably looking ahead a few thousand years to the PPP Loan Program.…
In the previous post, we covered about half of the gem that is The Simple Path To Wealth by JL Collins. Here, we continue from where we left off. Asset…
Last updated June 8, 2020: On June 3, 2020, the Paycheck Protection Program Flexibility Act (PFA) passed the Senate and is on its way to the President for his signature.…
I am beginning the 5-minute version series with one of the simplest, yet most powerful books in the personal finance arena: The Simple Path to Wealth by J L Collins.…
I was hoping to write this post in time for the first anniversary of this blog, which was last month. But that time came and went in a flurry of…
Updated May 16, 2020 9:00 am: We have talked about the CARES Act before with regard to the loan programs and the other measures that impact physicians and their practices.…
Saving for retirement. Sounds fairly simple, right? Earn a bunch of money. Stick it in accounts earmarked "Retirement" and you're done! Actually, this isn't far from the truth. It really…
In the previous post, we read about Bengen's 1994 study which first brought about the concept of a Safe Withdrawal Rate to ensure one's portfolio outlasts oneself in retirement. Close…
If you are saving up for retirement, you are probably planning on a Safe Withdrawal Rate between 3 and 4%. Where does this come from? As physicians, we love to…
I did an informal survey of physicians back in 2016. One of the questions I asked was this: How much do you need for retirement? 11% of the nearly 1000…