About a year after the last big stock market crash in 2009, I got it in my head that we were all in for a “double dip” and that the second crash was not only imminent but that it would be worse than the first. After all, this had happened before: the infamous stock market rout of 1929 was only…
Retirement planning is a multi-billion dollar industry. If you are conscientious enough to save, there’s a good chance you are saving for retirement. Have you asked yourself, Why? Is retirement the right goal for you, or just a cultural norm that has been accepted prima facie? I think it’s time to stop saving for retirement and start saving for financial independence. In this…
I wrote this in 2017 when our family hit a financial milestone of early financial independence. It triggered a re-evaluation of medicine, what we wanted for our family, and how we thought about our future. Dave is a young, bright, hard-working guy who just finished high school. He has all the tools for success. But what is that? The standard…