Risk Tolerance affects Asset Allocation Risk Tolerance and Asset Allocation are tied at the hip, and depend on age and recency bias. How you understand risk—and how you balance the stock/bond proportion in your portfolio—is the most important decision an […]
Have a 401a vs 403b vs 457b? What to do!?! 401a vs 403b vs 457b! Physicians are high income professionals who optimally defer income into retirement plans during peak earning years. If you have access to a 401a vs 403b […]
A Step-by-Step Guide to the Mega Backdoor Roth The Mega Backdoor Roth is a nice way for high income earners to tuck away a ton of Roth money for retirement. There are a couple of things you need: High Income […]
Best Retirement Podcasts 2022 Retirement Podcasts are plentiful. Which podcasts are the best retirement podcasts for 2022? Here, I define a retirement podcast as an information- and planning-rich resource that focuses on the financial aspects of retirement. Other podcasts that […]
How to Avoid IRMAA 2022 IRMAA stands for Income-Related Monthly Adjustment Amount. What a mouthful-She is a modest penalty for a high-income retiree to swallow. What you do now affects your 2023 IRMAA Brackets! Two aspects make IRMAAs particularly unpalatable: […]
Physician Early Retirement: Keys to the FIRE Physician early retirement is not a novel idea, but perhaps one that now has a more developed framework. It is an idea whose time has come: take back the keys to your […]
Finding a Sense of Purpose in Retirement: Parkinson’s Law and Time Finding a sense of purpose in retirement takes time. Time and understanding Parkinson’s Law, that is! Time in Retirement—the idea that you have time to find your sense […]
Tax Efficient Giving to Charity Tax Efficient Giving is important! What are the 5 best ways to leave money charity? After all the less you spend in taxes the more you can give! Let’s look at 5 tax efficient giving […]
Longevity Planning Financial Strategies You need to consider Longevity Planning prior to retirement. What is longevity planning? I’m glad you asked! We all know the greatest fear in retirement is running out of money. Obviously the longer you live, the […]
