personal finance
Finance Friday Articles
- 13 Often-Forgotten Military Family Benefits
- Do You Need an Umbrella Insurance Policy?
- How Being an Expert Witness Can Make You a Better Doctor
- How I’m Preparing for Maternity Leave and How It’ll Affect My Family’s Finances
- How Much Do Doctors Make?
- How to Reduce Taxes on Your Investments
- Paying it Forward (investing $ you plan on gifting to the next generation)
- The Difference Between a Portfolio and a Plan
- The Student Debt Trap
- What You Need to Know About Cryptocurrencies Like Bitcoin
TSP Outlines Strings Attached to Upcoming Investment ‘Window’
This link explains the rules for the forthcoming “window” that will allow some TSP investors to invest in funds outside of the traditional TSP funds. Personally, I think this is a bad idea as you really don’t need anything beyond the funds that are already available and there are a bunch of fees you will be paying, as you can read here. If you want to invest in other things, do it in your IRA, other retirement accounts you have access to, or taxable brokerage accounts at Vanguard, Fidelity, etc.:
Finance Friday Articles
- 5 Morning Habits of Successful People
- 7 Money Rules
- All Markets Fall Down
- A Tale of Two Stocks
- Find the Right Investments for Your Retirement Portfolio
- Fire the 4% Rule
- Historical Returns For Stocks, Bonds & Cash Back to 1928
- Inertia’s Reward
- Inflation won’t come down magically
- Is a ‘Backdoor Roth IRA’ Right for You?
- Should You Max Out Your 401(k) Earlier in the Year?
- Some Things I Remind Myself During Market Corrections
- Ten Facts Colleges Don’t Want You To Know About Admissions
- The Impact of Impact Investing
- This is Normal
- Understanding the Alternative Minimum Tax and How to Avoid It
- Volatile markets underscore importance of discipline
- What Is Direct Indexing, and Is It Something Worth Doing?
Finance Friday Articles
- 2 ways to use retirement money early
- A Day to Remember
- How to Buy I Bonds at TreasuryDirect
- Investing in International Real Estate
- Leaving clinical medicine without regrets
- Should You Still Do Your Backdoor Roth Conversion for 2022? The Experts Weigh In
- The 90/10 Rule of Retirement
- Why you need to talk to your spouse about DoD death benefit before retiring
- Year-Round Tax Planning
CAPT(r) Schofer’s KevinMD Post – Why We Should Celebrate the Great Resignation
My wife, the original or “OG” Captain Schofer (she promoted to O6 a year ahead of me in the Reserves) and the nice Dr. Schofer (she is definitely nicer than I am) got a post published on KevinMD. Check it out:
Personal Finance for the Military Physician – A 2022 Update
Here are the slides:
Here is the screencast:
Updated 2022 Personal Finance Guide
I updated my brief guide to personal finance for 2022, which can be found on this page. If you don’t have a financial plan, reading this will set you on the right path.
Finance Friday Articles
- 5 Questions to Consider Before Changing Your Investment Portfolio
- 5 Things You Didn’t Know Personal Capital Can Do For You
- A Financial Planning Service Calendar for the DIY Physician
- Are We Bullish Enough?
- Backdoor Roth IRA 2022: A Step by Step Guide with Vanguard
- Diversification still works
- Early Retirement and the Likelihood of Regret
- How to fund a backdoor Roth IRA at Fidelity (2022 edition)
- The Case for Private Real Estate
- Weighty Issue – A Discussion of the Top Heavy S&P 500
Finance Friday Articles
- 5 More States Make Military Retirement Tax Free
- 6 Smart Money Moves for the New Year
- A Modest Proposal
- Can I Be My Own Financial Advisor? 8 Reasons You Can and Should Be
- Choose One! 13 Financial New Year’s Resolutions for 2022
- Inflation – Should We Be Worried?
- Life After Financial Independence: Two Perspectives
- New Year’s Tweaks
- Professional Financial Advice: How Much Should You Pay?
- Top 10 Financial Goals for 2022
- Underestimate the U.S. Economy at Your Own Risk
- Who You Should Know
- Why a Roth IRA should be considered in every physician household
Joel Schofer's Career Planning Blog 