A Simple Retirement Calculator For Physicians

Retirement planning can be made endlessly complicated with terminology and complicated spreadsheets. Many physicians get so intimidated by the alphabet soup of retirement planning that...

The Trinity University Study And The 4% Safe Withdrawal Rate (SWR)

The Trinity University study is one of the most widely-cited papers in retirement planning. Its key conclusion, that a fixed 4% withdrawal rate is...

Primary Care Physicians vs. Specialists: The Impact of Fees

With rising tuition prices, people are starting to ask whether it's still worth it to be a physician. In fact, I was asked last...

Should You Invest In A Bad 401(k) With High Fees?

Everyone knows the benefits of investing in a 401(k). You get that upfront tax deduction and tax-deferred growth on your investments. However, unlike in...

To Win the Savings Race, Don’t Pace Yourself

I ran my first and only half-marathon the year before I started medical school. It was a small half-marathon in Queens, and my goal...

How To Invest In A 401(k) Or 403(b) Plan (Intern Financial Survival Series)

Welcome to residency, new interns! Your formal schooling is complete, and you are now working for a real paycheck. While you will be supervised...

How Valuable is a 401(k)?

The centerpiece of any financial plan for retirement is the use of tax-advantaged investment accounts. The most well-known retirement account is the 401(k). While...

PCP vs. Specialists: The Impact Of Short-Term vs. Long-Term Trading

For better or for worse, there is a wide range in salaries between primary care physicians compared to surgeons and other specialists. Some of...

Investment Returns Will Determine Your Financial Future

I love spreadsheets. Microsoft Excel was one of my favorite pieces of software when I was working on Wall Street, along with my Bloomberg...

Do A “Financial Fellowship” After Residency

Every internal medicine resident has to decide in the middle of their residency whether to go into primary care or become a specialist. This...