retirement planning Archives - Passive Income MD

Displaying 12 Posts categorized under retirement planning

Journal Club 12-29-2023

Journal Club 12-29-23

Here’s Journal Club 12-29-23! 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! Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below! […]

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3 Simple Steps To Diagnose Your Financial Health

3 Simple Steps To Diagnose Your Financial Health

Do you ever wish for a simple diagnostic test that could assess the health of your finances just as easily as a routine medical check-up? Well, you’re not alone. This article provides three key steps to help you gauge your financial health, empowering you to take control of your future. 1. Understanding Personal Finance Knowing […]

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Top 5 Reasons NOT to Retire Early

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 physician who has attained financial independence and the ability to retire early. In a previous post, I shared with you the Top 5 Reasons to Retire Early. […]

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Journal Club 05-19-23

Here’s Journal Club 05-19-23! 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! Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below! […]

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Top 5 Reasons to Retire Early

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 physician who has attained financial independence and the ability to retire early. Have you ever seen the John Cusack film, “High Fidelity“? No? That’s OK, you […]

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Avoid These Top 5 Financial Mistakes for Smart Money Management in 2023

No one likes making mistakes, especially when they can be costly. I know that you likely share my perfectionist tendencies and are often averse to taking risks. As physicians, we are trained to carefully consider the risk-benefit ratio before making any decision because we know the consequences of making a costly mistake. While mistakes are […]

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Should You Invest in a Roth or Traditional 401(k)?

The Roth or traditional 401(k) decision can be complicated for high-income professionals.Consider these factors to best protect your income. Today’s Classic is republished from Physician On Fire. You can see the original here. Enjoy! When investing in retirement accounts such as a 401(k), or perhaps for you it’s a 403(b), SEP or SIMPLE IRA, or another […]

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Retire Early With Real Estate

Retire Early With Real Estate

Chad Carson was able to retire early with real estate as his primary investment option in his mid-to-late 30s. He’s written a book detailing his strategies. Today’s Classic is republished from The Physician on Fire. You can see the original here. Enjoy! Today, I’m sharing my review of “Coach” Chad Carson’s first book on how to retire […]

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Top 5 Reasons to Retire With Less Than 25 Years of Expenses

Top 5 Reasons to Retire With Less Than 25 Years of Expenses

The 4% rule dictates that you have 25 years of expenses before retiring. Could you retire with less? 5 reasons you can afford to retire with less than 25x. Today’s Classic is republished from Physician on Fire. You can see the original here. Enjoy! Not long ago, I shared the top 5 reasons one might want […]

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Top 5 Reasons to Exceed 25 Years of Expenses Before Retiring

Having 25 years of expenses can give you a safe withdrawal rate of 4%. Why would you want to save more than 25x for an even safer initial withdrawal rate? Today’s Classic is republished from Physician on Fire. You can see the original here. Enjoy! Financial independence is defined as owning assets that will support your […]

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