Senior Resident

△ #illumedati △ – Life After Med School

Finance Fridays

Hey everyone, it’s Finance Fridays again. I’ve talked about the Windfall Management Exercise recently and about Retiring Early before. Today let’s ponder “What if I retired today?” Is this another “Finance Exercise”? Yes. Kind of like the Windfall Management Exercise, this “What if I retired today?” is another exercise, just to kind of test your mindset. Here is the beginning of your retirement story: It’s July 13, 2018, you’ve received word that you now have […]

What if I retired today? #illumedati

This entry was posted in Attending Finance Fridays Medical Student Residency Retirement on July 13, 2018 by Sensei

Hey everyone, it’s Finance Fridays again. There was a recent blog post from White Coat Investor titled “How to Live on $350k in Hawaii“. PhysicianOnFire (PoF) tagged me in it and I promised to give my perspective on it. So today let’s talk about “Being a Doctor in Hawaii” Being a Doctor in Hawaii Edit: This post is 2350+ words, so pour some coffee and take your time. Before we begin, I’d recommend going over […]

Being a Doctor in Hawaii #illumedati

This entry was posted in Attending Finance Finance Fridays Investing Medical Student Residency Retirement Student Loans on July 6, 2018 by Sensei

Hey everyone, it’s Finance Fridays again. Today I’m going to talk about “Another Case for a Roth 401k”. Another Case for a Roth 401k? Yea. I’ve talked about this a little bit recently. In my opinion, there are only a few select times when a doctor should use a Roth 401k. The “best time” would be during residency, as I’ve detailed in my prior post series: Roth 401k/403b in Residency Roth 401k/403b in Residency Roth […]

Another Case for a Roth 401k #illumedati

This entry was posted in Attending Finance Fridays Medical Student Residency Retirement on June 29, 2018 by Sensei

Hey everyone, it’s Finance Fridays again. This is a little off-topic, but today is going to be a short post that sometimes “It’s the Little Things” that matter. It’s the Little Things? Yea. In general, I talk about Value Cost Ratio and how I value Experience over Things. However, today I wanted to talk about perspective when it comes to being a consumer. For example, if you want to buy lunch you can go grab a […]

It’s the Little Things #illumedati

This entry was posted in Attending Finance Fridays Medical Student Residency on June 22, 2018 by Sensei

Hey everyone, it’s Finance Fridays again. Last week we talked about “different numbers” for “different Walters”. Today I want to discuss “How Much is Too Much?” How Much is Too Much? This question is mostly centered around retirement. As you know, my “number” currently would be considered especially high by some. For example, the friend of mine who needed $4 million, clarified to me that he only needed $4 million in all assets, which I […]

How Much is Too Much? #illumedati

This entry was posted in Attending Finance Finance Fridays Medical Student Residency Retirement on June 15, 2018 by Sensei

Different Numbers for Different People — Hey everyone, it’s Finance Fridays again. Some of you may have read my What is “Your Number” post I wrote awhile back. Today I want to kind of reflect on “Different Numbers for Different People“. Different Numbers for Different People This is kind of my version of “different strokes for different folks” when it comes to retirement. If we look back at my other post What is “Your Number” and add in my more recent post […]

Different Numbers for Different People #illumedati

This entry was posted in Attending Finance Fridays Kylie's Korner Medical Student Residency Retirement on June 8, 2018 by Sensei