You have people who made life-changing portfolio gains, not from betting against the herd but investing alongside it. Why would ... Read more| Physician on FIRE
Nick Maggiulli Of Dollars And Data focuses on personal finance using data analysis. Nick Maggiulli is the Chief Operating Officer ... Read more| Physician on FIRE
There’s a core set of deductions that almost every doctor in the United States can take advantage of, regardless of whether you’re working as a hospital-employed W-2 physician, juggling multiple 1099 contracts, or running your private practice.| Physician on FIRE
The Million-Dollar Baby (No, Not the Movie) How much does it cost to raise a kid in America? The short ... Read more| Physician on FIRE
Most medical residents earn $60,000 to $75,000 annually, depending on location and program. That lands you in the 22% federal marginal bracket, but your effective tax rate is lower due to the new $15,750 standard deduction for single filers, and $31,500 for joint filers.| Physician on FIRE
The Department of Education has released proposed rules that could bar certain nonprofits and public employers from PSLF eligibility starting in 2026. The| Physician on FIRE
They say parenting lets you relive your childhood. Great, if you had an awesome one. Not so great if you didn’t. Mine nearly made me swear off having kids forever.| Physician on FIRE
As physicians, we are no strangers to the effect burnout has had on our community. After all, the greatest physician ... Read more| Physician on FIRE
Once upon a pandemic, we had an epiphany: work was killing us. We were exhausted, underslept, over-Zoomed, and living on ... Read more| Physician on FIRE
Global population trends have been worrisome for many years now. Countries like South Korea, Japan, Italy, Spain, and Germany are ... Read more| Physician on FIRE
After stocks gained more than 2% in July, the first day of August landed with a thud, as the S&P ... Read more| Physician on FIRE
Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. ... Read more| Physician on FIRE
Most physicians know the standard playbook: max out retirement accounts, then invest in low-cost index funds, typically exchange-traded funds (ETFs) ... Read more| Physician on FIRE
It’s back-to-school season. If you’ve got a budding scholar at home — or just want to score some crisp, autumn ... Read more| Physician on FIRE
We don’t usually talk about what happens in the unseen corners of aging. Not in any real detail. The daily ... Read more| Physician on FIRE
There are no if-then rules that apply to the stock market that work every time. If that were the case, ... Read more| Physician on FIRE
ESI Money is a site about managing your money, so you can become wealthy. This site is a summary of ... Read more| Physician on FIRE
Back when people had more time on their hands, window shopping used to be a thing. It was something you ... Read more| Physician on FIRE
Budgets come and budgets go. Tax reforms make headlines, but then they settle quietly into the tax code as if ... Read more| Physician on FIRE
If corporations are becoming more efficient with higher profit margins, shouldn’t we expect higher returns? Can valuations remain this high ... Read more| Physician on FIRE
I’ve heard these experiences from at least 3 different couples/families after retiring early and quitting their jobs. It’s understandable when you discover| Physician on FIRE
We help physicians reach Financial Independence and Retire Early. The only question is, will you be next?| Physician on FIRE
Reimagining FIRE rules. Explore Lean Fire vs Fat FIRE vs FIRE, and why joyful spending matters. Reclaim control, escape money trauma, define your financial freedom today.| Physician on FIRE
Between more administrative tasks than clinical work and the current socioeconomic climate, doctors often feel exhausted and unfulfilled in their careers. Find out why.| Physician on FIRE
Doctors are expected to give big wedding gifts, but is that fair? Here’s how to spend thoughtfully (and strategically) this wedding season without setting your FIRE goals on fire.| Physician on FIRE
There’s no ceremony, no closure, just a slow reduction in hours, maybe a final shift, and then silence. Explore what we learned from real physician retirement stories.| Physician on FIRE
In honor of "May the Fourth," we're sharing valuable retirement lessons from the Star Wars universe.| Physician on FIRE
FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected| Physician on FIRE
You know about FIRE. Financial Independence. Retire Early. leanFIRE is the low-budget version. fatFIRE is the variety for those of us who spend a bit more than the average bear.| Physician on FIRE
Want to know the BEST way to use Chase Ultimate Rewards Points? And how you can easily earn 122,500 more of them? 10 options to get the most out of your points.| Physician on FIRE
Steve Abramowitz from Humble Dollar delves into the unexpected performance of the JPMorgan Equity Premium Income fund (JEPI), a fund often touted as a| Physician on FIRE
The hedonic treadmill is a theory that we quickly adapt to a change in lifestyle or goods and it becomes a new normal. The treadmill can go extremely fast.| Physician on FIRE
The concept is simple. Wasting time wastes money. If you can accomplish or produce twice as much in the same amount of time, you can double your earnings. If| Physician on FIRE
Early retirement from medicine: One couple's journey of change, challenges, and finding new purpose.| Physician on FIRE
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.| Physician on FIRE
It’s never too late to start saving for retirement. If you are an older adult, there are several creative strategies you can use to catch up on retirement savings.| Physician on FIRE
In this article, we’ll cover the difference between two common options: savings accounts and money market funds. And no, it’s not as simple as comparing interest rates.| Physician on FIRE
As we’re getting close to the final stretch of the 2024 presidential election, there’s been more attention on the tax policies proposed by the two candidates.| Physician on FIRE
Student loans can be an overwhelming expense, so it should come as no surprise that a whole industry has been created to help debtors best deal with their| Physician on FIRE
Have you ever been swept up in the wave of unanimous praise for something, only to later discover that nearly everyone was wrong? If you've ever considered| Physician on FIRE
Tax Day is just around the corner. Be sure to file your tax return (or file for an extension) before it's too late! If you're like me, this was taken care of| Physician on FIRE
That's where disability insurance comes in. Disability insurance for physicians is designed to provide you with financial protection in case you become| Physician on FIRE
We reduced our total income by more than 50% with a combination of retirement contributions, itemized deductions, and tax credits. Our 2019 tax return revealed.| Physician on FIRE
Medicare started as a costly solution to meet some of our nation's healthcare needs. It has become bloated and costly, and in need of a fix.| Physician on FIRE
How high-income earners should invest to achieve financial independence to retire early.| Physician on FIRE
In this post, which originally appeared on Passive Income MD, learn about the different tax benefits real estate can give you.| Physician on FIRE
Early market downturns in retirement hurt savings more than later ones. Strategies like cash reserves and flexible spending help mitigate this sequence of returns risk.| Physician on FIRE
The Chase Sapphire Preferred and Sapphire Reserve Visa cards are two of the most popular rewards credit cards available, and for good reason. Which is better?| Physician on FIRE
This is, hands down, the best tax planning tool I have come across. Optimizing your taxable income and tax return could save you many thousands over the years.| Physician on FIRE
Picking a college is a personal and emotional decisions which calls taking into account your family’s and children’s values. So how do you go about picking a college for your kids?| Physician on FIRE
As a physician, you're no stranger to the demands of your profession. But have you ever wondered how your financial decisions can impact your long-term goals?| Physician on FIRE
A research scientist shares their journey from a toxic startup to a fulfilling academic career.| Physician on FIRE
Financial literacy and values are tantamount to children's success and a legacy you can leave to safeguard the lives of future generations. This is how you can teach your kids early on what I learned in adulthood.| Physician on FIRE
Do green investing and ESG go hand in hand? I’ll explore how sustainable these eco-friendly companies are and how to spot greenwashing.| Physician on FIRE
As busy parents and grandparents, it is easy to overlook many aspects planning and providing for our childrens' financial futures. Here are some things to consider.| Physician on FIRE
This article explains what dividend stocks are and how they can be used to build wealth through consistent passive income.| Physician on FIRE
Discover the best credit card to pay taxes and if the IRS credit card fees are worth it with our complete rundown.| Physician on FIRE
An investor policy statement will guide your investment and money management decisions throughout life. See mine and learn to create your own written plan.| Physician on FIRE
Solar tax credit explained: Find out how solar energy tax credits work and how to save money with incentives and rebates.| Physician on FIRE
Investing in real estate can be the path to riches or it can put you in the poor house. Learn from one man who lost it all with real estate investing.| Physician on FIRE
Many real estate investors use limited liability companies (LLCs) to house their investment properties. We also give an overview of the LLC structure that we use.| Physician on FIRE
Whether you looking to earn rewards, build your credit, or keep your money safe, we have the credit card that fits your needs| Physician on FIRE
Register with All Global Circle and receive a bonus of up to $50. Register with MDForLives and receive a $20 bonus. This, of course, will be on top of any| Physician on FIRE
Do you really need $10 Million to retire? Probably not. How to actually calculate how much money you'll need to afford the retirement that you desire.| Physician on FIRE
Due to systemic inequalities, physicians who are Black, indigenous, and people of color often face disproportionate financial hardship during and following higher education. Learn about programs and strategies that can help reduce these hardships.| Physician on FIRE
The various retirement accounts available to employed and independent physicians are discussed. The fact that you can invest outside of those accounts is also emphasized.| Physician on FIRE
Where should you keep your international stock allocation? Best to own in taxable for the foreign tax credit? Or more tax-efficient in a retirement account?| Physician on FIRE
In this article, we’ll examine mutual fund dividends, how they are taxed, and how you should view a fund’s dividend yield within your total investment plan.| Physician on FIRE
Who doesn't love free travel from a credit card? How about cash back or Bitcoin? The doctor of credit card rewards shares top cards, strategies & a tracker.| Physician on FIRE
Today's article by Wallet Hacks, will not only introduce you to the concept of index funds but also unveil a curated list of the best options for beginners,| Physician on FIRE
One year after making my first farmland investment with them, purchasing 2 acres of crop-producing cash-flowing fertile soil, I offer up this AcreTrader review.| Physician on FIRE
While early retirement is an admirable goal, some of us prefer being picky about our jobs once we do achieve financial independence. Here are some of the best jobs for retired or recreationally employed physicians.| Physician on FIRE
Interest rates are expected to drop, and this could be a good thing for investors. Learn how falling interest rates could affect the market.| Physician on FIRE
I've made many real estate investments. These passive instruments have returned from 2% to 52% a year. A 2024 update on my passive real estate portfolio.| Physician on FIRE
Roth conversions can be an effective strategy for creating tax-free income in retirement. But Roth conversions can also get complex, and if you’re not careful it’s easy to make mistakes that could end up costing you a lot of money.| Physician on FIRE
When's the last time you saw a headline highlighting some young person making five figures of "passive income" a month?| Physician on FIRE
It’s not that no one wants to work anymore. Only that most people find that they can’t. So, how do you deal with employment in the age of mass burnout?| Physician on FIRE
The 3% Medicare pay cut has doctors all over the country in an uproar. But what does it actually mean?| Physician on FIRE
We talk about money and retirement every day. But what comes after money?| Physician on FIRE
Physicians are high functioning individuals with fast paced careers. But we’re not always the most organized. Here are 15 of the best ogranization apps to help you thrive in your career and life.| Physician on FIRE
Investing in a real estate syndication can turn the tide on your financial journey. But what happens if you real estate syndication goes bankrupt?| Physician on FIRE
Are you a HENRY (High Earner, Not Rich Yet)? Discover why your high income isn’t translating to true wealth and how to change your financial status.| Physician on FIRE
This guide helps physicians discover and secure public speaking opportunities to share their expertise.| Physician on FIRE
Openly talking about money can improve your financial well-being. Learn from others, break the stigma, and build stronger relationships.| Physician on FIRE
Learn about opportunity cost, the value of what you miss out on when you make a choice. Use it to make smarter decisions with your money and time.| Physician on FIRE
Celebrate Star Wars Day with financial wisdom from Physician On Fire. Learn retirement lessons inspired by iconic quotes and characters.| Physician on FIRE
Physician noncompetes may be over! Learn how this FTC ruling impacts your contract and fuels your FIRE journey.| Physician on FIRE
5 years to retirement? Boost savings, pay off debt, plan healthcare & dream about your ideal retirement lifestyle!| Physician on FIRE
Small business owners should take advantage of rewards and cash back offers exclusive to them. The best business credit cards for small business owners in 2021.| Physician on FIRE
I've been publishing a Sunday Best since April of 2016. While I'm certainly not the first to compile and present a weekly collection of posts I've enjoyed,| Physician on FIRE
