Happy Labor Day! No Post Today. I would recommend checking out some other bloggers I read: PhysicianOnFire Future Proof MD Passive Income MD Dr. Wise Money All of us blog on the topic of Physician Finance/Retirement, although I am more of a “variety” (medicine/whatever/finance) blogger. It’s interesting to see how other physicians manage their finances and retirement. Overall, these other bloggers are much more aggressive about putting money away than I am, with plans for earlier […]
Retirement
This is the 4th post in my retirement series: Retiring Early, How to Retire Early, and Early Retirement is Easy? Once you decide you want to retire early, you’ll want to evaluate where your post-retirement dollar goes the farthest. I hinted at this in my prior posts. The first thing we need to evaluate is where are your post-retirement dollars coming from? For the majority of retirees, I think their retirement money is going to come from a mix […]
Best Bang for Your Buck Retirement Locations
In my previous two posts, Retiring Early and How To Retire Early, I went through my approach to retiring early. However, this is a case of “Do as I say, not as I do”. While I advise/advocate for planning to retire early, I am not necessarily doing it. In the comments of Retiring Early, TheHappyPhilosopher states: “I contend it is stupidly easy for a physician to retire at age 55, and the only reason one shouldn’t […]
Early Retirement is Easy?
The primer for this post is here: Retiring Early We’re going to go through some of the math you need to understand in order to retire early. Let’s start with this: How much money do you need a year during your retirement to last from 55 until ~ 90? (from my prior post) Is it 60k? Then you need ~$2 million. Is it 80k? Then you need between $2.5 million to $2.75 million. Is it […]
How to Retire Early
Ok, we’ve gone through a bunch of the finance, investing and retirement topics in my prior posts. We now have enough information to start talking about how to plan for your own retirement. If you haven’t read them yet, I would advise you to go through the Finance Fridays posts and read most, if not all of them before reading this post. It’s a lot of reading, but really you need that background in order […]