Some medical professionals will have to retire poor. Whether due to financial catastrophe or poor planning, nobody is exempt from this risk. There are ways to make a poor retirement more pleasant. In this post I’ll show how a 70-year-old doctor can manage to have a decent monthly income with a minimal overhead. There are […]
Tag: poverty
Avoiding Retiring Poor
No matter how well we plan things out, financial problems can arise at any time in our lives. One day you’re rich and the next you’re living in poverty. Retiring poor is a real possibility, even medical professional. In this post I’ll discuss ways to avoid retiring poor as a medical professional. Avoiding Retiring […]
Poverty Is The Norm
Homeless people in Portland are abundant. One of my local cafes has a large population of homeless who hang out outside of it. I’ve struggled with my response when a homeless person petitions me for money. For various reasons, I have decided to say no. On the rare occasion when I carry cash and it […]
I group US citizen into 4 financial categories based on annual income: Poverty (~$15k) Median income earner (~$70k) Professional ($200k+) Business owner ($100k+) It’s important for me to define poverty here because your understanding is different from mine and if we establish the same grammar then we can communicate better. US Households I realize […]