Docs Who Cut Back #7: Loonie Doc

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Editor’s note: My wife likes to quote an old world saying that there’s a lid for every pot (usually used in the context of dating). Similarly, I want every reader of this blog to find at least one interviewee that reflects the reader’s peculiar circumstances and compulsions. This interviewee qualifies, in the best of ways, as both peculiar and compulsive. …

A Service For Doctors To Assume Control Over Their Finances

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I always had an excuse why now was not the right time to learn about money. Maybe you accumulated debt from your education, a home, a car, or credit cards. On a doctor’s high income, you’ll always have enough. Maybe your career in medicine is too time-consuming. Too busy saving lives to learn about money. Maybe you’re smitten, married, or …

It’s Time To Rekindle Your Love For Medicine

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She’s been giving you the cold shoulder when you slide into bed at night. She doesn’t laugh at your jokes the way she used to. What started as a love affair has dwindled to ambivalent interdependence. Medicine cooks, you do the dishes. Breaking routine or separating households would only create more work for everyone. It’s platonic. FI could see the …

Docs Who Cut Back #5: Wealthy Doc

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Wealthy Doc was possibly the first physician finance blogger, generously helping us learn financial literacy back when Al Gore had barely invented the internet. In those days, the White Coat Investor had not yet started his blog, skinny ties were all the rage, and we docs were doing stupid things with our money. Nearly a decade later, WCI might clear …

Docs Who Cut Back #4: B.C. Krygowski

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B.C. Krygowski is a physician, author, blogger, wife, mother and the generous spirit who brought wine in abundance to share with her fellow docs in finance at FinCon18. 1. What is your specialty? Hospice Palliative Medicine (HPM). 1a. How many years of residency/fellowship did you complete? My husband and I both did 3 years of residency. I also did a …

Docs Who Cut Back #1: Vagabond MD

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Welcome to the first installment in what I hope will become a shared playbook for physicians who seek role models: docs who cut back to improve work-life balance. When burnout strikes, the reflex is to desperately search for an escape hatch from medicine as quickly as possible. This series is intended to demonstrate alternate paths to outright abandoning your medical …

A Review of The Doctors Guide To Smart Career Alternatives And Retirement by Dr. Cory S. Fawcett

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Dr. Cory S. Fawcett describes himself as a repurposed physician, which is one of the more delightful descriptions of a retiree’s encore career I’ve heard to date. I had the pleasure of meeting Cory (forgive my Californian’s desire to remain on informal terms) at FinCon18, and he was far more than I expected: He was kind enough to send me …

Are You Having A Career ALTE?

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Careers in medicine have evolved over time. It’s always been a hard path, but previously, you knew what you were getting when you signed up. Recent changes have eliminated significant autonomy and prestige from a medical career. Increased debt conspires with decreased satisfaction until we unexpectedly encounter an Apparent Longevity Threatening Event (ALTE), an inflection point where we acknowledge that …

Convergence

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This weekend was spent in North Carolina strengthening ties with people we love but see less often than we’d like. BT is one of those people. Most of us were single. BT was married with a kid. Most of us had family in California BT was a southerner with a disarming drawl. On learning that fast-talking West coasters inevitably underestimated …