The Sunday Best is a collection of articles I’ve curated for your reading pleasure.
Presenting, this week’s Sunday Best:
A couple weeks ago, I hit the bike trails and enjoyed a nice lunch with a convicted felon. Bill from Wealth Well Done shared his story of a decade in prison and more @ Budgets are Sexy in How I Survived Prison And Accidentally Found My Path to Wealth.
Senior Resident has been studying some cryptic form of currency called cryptocurrency. This Aloha state radiologist has been prolific on the subject lately:
- Introduction of Cryptocurrency
- Let’s Gamble with Cryptocurrency
- No Bitcoin for Hawaii
- Cryptocurrency Volatility
We have a conflicted cardiologist. EJ @ Dads Dollars Debts ponders Wanna Work Part Time Starting Now or Get My Butt on FIRE and Retire at 48? I’m not sure there’s a right answer.
Brad Brown, medical student, isn’t afraid to work his butt off. In a post @ KevinMD, he links to both this site and WCI while sharing The Key to Financial Freedom: Live and Work Like a Resident.
Should you consider taxes when choosing your retirement locale? Dr. Curious of My Curiosity Lab makes an excellent case in State of Confusion: Does Location Matter for Retirement Taxes?
Chris Reining needed to choose FIRE. Nobody said it would be easy. Chris says Retiring at 37 is Hard. I believe it.
Do you understand Sequence of Returns Risk? The Actuary on FIRE gives an excellent overview and strategies to mitigate the damage if you are among the unlucky. Mathtastic Advice on Sequence of Returns Risk.
How much do you save? More much as the average American? As much as they do in China (47%)? How the U.S. Compares to the World With Savings Rates from Mustard Seed Money.
Last Week of Full Time Work
Over five months ago, I published a post entitled So Long,Full Time Employment. I’ve been looking forward to a lighter schedule ever since, and I’m happy to know that this week will be my last as a full time employee for the forseeable future.*
The time passed quickly. The summer was hectic as usual. Being a Dad, keeping up with this site, and managing a busy clinical schedule didn’t leave me with a lot of time to count down the days. But I’m glad they are mostly behind me.
Starting in October, I’ll be working a lot less. I’ve got plans for my newfound freetime this fall. I’ll be attending the ASA annual meeting in Boston in October followed immediately by the FinCon conference in Dallas.
In November, our family departs on a three week Spanish immersion adventure. In December, I’ll be free to celebrate both Christmas and New Years without working a single day in between for probably the first time since I was 15.
It’s high time I take advantage of my financial independence status. What would you do with financial independence?
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Have a great week!
-Physician on FIRE
*I may return to full time for a spell to cover a potential military obligation of a partner, but that won’t happen for at least a year.