Finance

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Hi guys, it’s Medicine Mondays again and I’m going to be Talking to Med Student Me. Basically, a lot of this web site is me reflecting back on medical school and residency. However, I wanted to take this time to reflect on some choices I made as a medical student/resident that I thought were good and would repeat, and others which I would change. Stock Photo From: Pexels Choosing a Specialty As a medical student, […]

Talking to Med Student Me #illumedati

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Hi guys, It’s Finance Fridays, and this is kind of confusing because I promised I would talk about Backdoor Roth IRAs last week. However, on Monday I promised I would talk about SEP-IRA, SIMPLE IRA and Solo 401k. Then I said I would talk a little about Spousal IRAs in a comment to Fred. Just to keep things in some semblance of order, I’m going to talk about SEP-IRA, SIMPLE IRA- and Solo 410k this […]

SEP-IRA, SIMPLE IRA, and Solo 401k #illumedati

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Hi guys, it’s Finance Fridays again and I’m here to talk about Traditional IRA versus Roth IRA today. I covered this before a little bit in Talking the Talk. I’d recommend you read at least that post first before you read today’s post as a primer. If these topics interest you, then I’d advise you to look at my Finance Fridays Roadmap post next to direct you where to read some more stuff. I should probably […]

Traditional IRA versus Roth IRA #illumedati

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Hi guys… late post I know.. but I’m going to talk about the Rule of 72 for this Finance Fridays. This should be a short post about how to estimate how long it will take for an investment to double. There will also be a short commentary on the “first $1 million is the hardest” and how saving money doesn’t feel rewarding… but it should be. I’m going to write a few more complicated Finance […]

What is the Rule of 72? #illumedati

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It’s Finance Fridays again… and I’m here to talk about making $400k/year and still be “broke”. Stock Photo from: Pexels My last post was about my Financial Living Will. As with most of my posts about finance I’ve talked about my philosophy, index funds, compound interest, etc. But then I remembered that there are those who have been attendings for years. These individuals, even though they are making a lot of money, are still living month-to-month […]

How to Make $400k/year and Be “Broke” #illumedati

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Like I said in my previous post, I lost my original post about creating a Financial Living Will. So, it’s Finance Fridays… but on Saturday! I’ve decided to try to replicate the post to the best of my ability today while the content is still relatively fresh in my mind. Maybe this is even a blessing in disguise to allow me to distill down my thoughts further and make this post better (although probably not shorter). […]

My (Financial) Living Will #illumedati

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