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The Value Of My Pension Plan

I wrote this post initially in 2016 and I’m here to give it a bit of an update. Most of it is still written from my perspective in 2016. It’s now 2021 and I’ve had some interesting learning, which you can review at the end of this post. I’ve been giving this some thought the […]

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Considering Cash Flow in Retirement

There are so many ways to build a successful retirement from our medical profession. Regardless of our choice of flavor, cash flow in retirement is perhaps the most important aspect to consider. V. 1 The first version of retirement I ever contemplated was an age problem. As in, once I reach the appropriate age I […]

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Questions to Ask About Investing in the Market

For those of you who don’t feel comfortable investing in the market or don’t know where to invest your money, here are some good questions to start with. Come up a yes/no/meh answer after reading the question. If you can’t answer it, it might be worth researching the topic a little. The money we earn […]

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Retiring On Less Than $1M

Many financial advisors and fellow physicians say that retiring on less then $1m is impossible. In fact, The number I often hear is somewhere in the $3-5m range. You hear $5,000,000 and you start picking your nose, staring off into space. It’s hard to wrap the mind around that much money. Most of us feel […]

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Average Retiree Household Spending in USA

According to bls.gov, the average one-person household retiree spending is just under $17,000 per year. This would be someone over the age of 65 and it includes food, clothing, and shelter. With all spending categories included, the average retiree spends around $31,000 per year. That’s $2,583/month. My first question was, what’s the quality of life […]