Personal Finance
Articles
4 Reasons to Get a Financial Advisor
Do doctors really need a financial advisor? As with most things, the answer is "it depends."  For as much hate as financial advisors get in the personal finance space for physicians (much of it quite well deserved), it would be wrong to say that there are not good...
Should I Use My 457 to Invest?
Many doctors are high-income earners and will have access to a 457 plan. Despite this, one of the more common questions I get is whether someone should use their 457 plan or not. It usually goes something like this, "Hey, Jimmy, I am looking to save a little more...
The Importance of Time in the Market
Albert Einstein is often credited with saying, "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't pays it." This is perhaps why it is often said that time in the market (not timing the market) is paramount to our...
The 59 1/2 Rule and Early Retirement Gap
Understanding the Rule of 59 and a Half in Joint Retirement Planning Let's talk about a rule that might just be your new best friend when planning for retirement together: the age 59 and a half rule. This little number is more than just halfway to 60—it’s your ticket...
The Story of Denis Diderot and Physician Wealth
Author: This article was written by Dr. Jimmy Turner, Founder of Money Meets Medicine and author of The Physician Philosopher's Guide to Personal Finance. Many people outside medicine wonder, "How much money do doctors make?"Â It's a common question inside of...
A Comprehensive Guide To Disability Insurance For Physicians
What are your most prominent assets? Your home? Car? Maybe your remarkable jewelry collection or your prized assortment of Bordeaux? Ask your teenage dependent and it's a phone. You know what these all most likely have in common? They are insured. Why? Because they...