personal finance

Doximity Physician Compensation Report

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I recently came across the Doximity 2017 Physician Compensation Report, which you might find interesting. We all get out of the Navy, it is just a question of when.

 

PoF Blog Post – Financial Implications of Leaving a Military Medicine Position

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One of my readers pointed me to this blog post on Physician on Fire, which many of you will find interesting:

Financial Implications of Leaving a Military Medicine Position

If you’d like my own thoughts on the value of a military pension, you can read them here:

How Valuable is a Military Pension?

BRS and HPSP Students & New End-of-the Month Personal Finance Summary

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We’re all starting to get pinged about the mandatory Blended Retirement System (BRS) training. While I’ve created a BRS resource center on the other blog I write for, the specific case of how BRS works for medical students was recently run to ground by Dr. Jami Peterson, the Head of Student Programs at BUMED. Straight from her, the BLUF is:

Any HPSP student who signed their contract BEFORE 01 JAN 2018 will have thirty days after signing into their FIRST active duty station to declare if they want to do the legacy retirement system OR the blended retirement system. For any students who start AFTER 01 JAN 2018 will automatically be placed in the blended retirement.

I’m also going to start providing an end-of-the-month summary of the personal finance articles I’ve written. Here they are:

2018 Thrift Savings Plan (TSP) Contribution Limits Announced

Invest in Stock and Bond Index Funds or ETFs

Make an Intelligent Rent vs Buy Real Estate Decision

Saving and Investing for Military Personnel by the SEC

Three Things Every Young Medical Student and Physician Needs to Know – Part 1

Three Things Every Young Medical Student and Physician Needs to Know – Part 2

The Investment Company Price War and the Thrift Savings Plan

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The three largest investment firms have been lowering the cost of their index mutual funds and exchanged traded funds (ETFs) in a price war. How does this price war and the resulting costs compare to the Thrift Savings Plan, which has also had historically low costs on their investments? Read more here:

The Investment Company Price War and the Thrift Savings Plan

 

What You Need To Know About The Thrift Savings Plan (TSP)

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There is a great post on the Thrift Savings Plan (TSP) over at WhiteCoatInvestor.com that you should check out:

What You Need To Know About The Thrift Savings Plan (TSP)

Reader Poll – Continue Financial Posts or Not?

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As I announced here, I am now blogging for another site focused on personal finance for people in the military called MilitaryMillions.com. For example, here is a Blended Retirement System (BRS) Resource Center I created over there.

My plan was to transition all financial content to that new site because duplicating it in two different places is tedious and it is easy to follow the financial blog if you want that content. I’m curious, though, what MCCareer.org readers want.

For example, yesterday I found another PDF of frequently asked questions on the BRS. I ask you, the readers of MCCareer.org, what you would have wanted me to do with that PDF. Use the poll below so I get an idea of what you guys want: