Personal Finance
Articles

Are Hidden 401K Fees Costing You Thousands?

Retirement plans such as 401(k)s, 403(b)s, and cash balance plans are essential pillars of long-term financial security for physicians and professionals. However, as highlighted by Dr. Jimmy Turner and forensic 401(k) consultant Paul Sipple in a recent episode of the...

The Ultimate Bitcoin Tax Loss Harvesting Guide

Post-tax investing outside of retirement accounts can be extremely beneficial for high-income earners, particularly those who have their sights set on early financial independence or who are seeking to Coast FIRE. Arguably, the biggest advantage of investing outside...

6 Lessons From Kyle Busch’s IUL Law Suit for Physicians

Have you heard about the high-profile lawsuit between NASCAR driver Kyle Busch and Pacific Life over an Indexed Universal Life (IUL) insurance policy? While the sheer scale of the case—over $10.4 million in premiums and alleged losses exceeding $8.5 million—is...

Should I Get Disability Insurance in Residency?

For resident physicians, disability insurance might feel like something to consider later, once attending status—and the higher income—has been achieved. However, postponing this critical decision can come with substantial risks and financial consequences. Let’s break...

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Should I Buy a Residual Disability Insurance Rider?

When it comes to disability insurance, many people think about complete incapacity, but the reality is that disability often occurs on a spectrum. In fact, nearly 80% of total disabilities start as partial disabilities. This is where a residual disability rider...

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6 Reasons to Investing in Index Funds

If you sift through enough personal finance books on investing, you'll eventually realize that the best course of action for the vast majority of people is to invest in low-cost, diversified index funds. While this form of investing may not be as exciting as trying to...

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