With FIRE in mind, one should take a different approach to life insurance. With lessening coverage needs over a shorter timeframe, you can save some money. PIMD welcomes Physician On Fire as our guest post. POF is a personal finance website created to inform and inspire both physicians and our patients with insightful writing from a […]
Having disability insurance set up early in your career is one of those no-brainer financial decisions in my opinion. As doctors, we’ve invested way too much time and money into our education and careers to put them at risk of injury. I personally know several physicians who have benefited from having solid disability plans and […]
How many disability insurance policies should a dual income couple buy? The right answer may be two, one, or even zero. Find out why! Today’s Classic is republished from White Coat Investor. You can see the original here. Enjoy! Doctors all think their financial questions are unique, but the truth is they’re the same 50-100 […]
Have you insured your future income? The Physician Philosopher and Matt Wiggens of Pattern discuss insuring your physician income, why it’s a good idea, how it could save you money, and more throughout today’s article. Today’s Classic is republished from The Physician Philosopher You can see the original here. Enjoy! I am a firm believer that one should not […]
Owning rental properties is an excellent tool for building wealth, passive income, and ultimately achieving financial freedom (if that’s your goal). Of course, as much as I love it, it’s not without its risks. One of the major risks comes from liability. As doctors and high income professionals, we’re well aware of lawsuits and the […]
Life insurance is important if you have an income that others rely upon. Get multiple term life insurance quotes from 2 of the most popular online aggregators. Today’s Classic is republished from Physician on Fire. You can see the original here. Enjoy! We recently covered disability insurance and the mistakes that doctors make. Today, I’d like […]
Here’s Journal Club 6-19-20! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! Finding extra ways to make some side cash is always a good thing, and it can even be the source of […]
Thinking about your own mortality is no fun. Personally, it’s not something I often consider. I’m usually too busy trying to figure out how to live the most extraordinary life possible. However, estate planning has been on my mind. Honestly, I’ve been thinking about it a lot more these past few weeks. Of course, even […]
Physician on FIRE shares the importance of an umbrella insurance plan, and how his friend could have saved himself a major headache by having his bases covered for a minimal fee every year. Today’s Classic is republished from Physician on FIRE. You can see the original here. Not long ago, a somewhat wealthy friend of […]
There are some things in life that are best kept separate. When it comes down to your money, the same applies. In this post by WCI, we zero down on the details of why your investments and insurance should remain one apart from the other. Today’s Classic is republished from White Coat Investor. You can […]
