The Sunday Best is a collection of a handful of posts I share with you each week. With so many informative and inspirational writers out there, I have no trouble coming up with a number of worthwhile reads each week.
Every featured post should be of interest to any physician seeking financial independence. Some will be written by your physician colleagues; others will be written by our friends and patients who share common goals and interests.
Presenting, this week’s Sunday Best:
Melinda Burnett, MD of Burnetts Ahoy! fame describes why she left medicine and Minnesota behind to sail around the world five years after her fellowship. With apologies for the repetitive redundancy, visit KevinMD to read The Story of a Neurologist Who Quit Medicine and Lives on a Boat.
How big should your emergency fund be? Tiny, according to Early Retirement Now. Read why in Top 10 Reasons for Having an Emergency Fund Debunked Part I and Part II.
In an oldie but goodie, Margot Page @ Parent Map features a number of families and resources in The Family Gap Year: What Happens When You Drop it All and Move Abroad?
Dr. PIE, PhD, who humbly calls himself Mr. PIE @ Plan Invest Escape shares his family’s life story in Baking the Family PIE: Our Story and What Got Us FIRE’d Up.
The White Coat Investor shares details on his life, his website, and its mission in a written interview with Passive Income, MD in How I Went From an ER Doc to an Internet Entrepreneur.
Unlike most meetings I attend, this one was not anesthesia focused. I made plans to attend on fairly short notice after receiving a flyer amidst the junk mail. I glanced at the itinerary, checked the date and cross-referenced with the family calendar.
It just so happened that I was coming to campus this weekend for a football game, and being post-call on Friday, I would not only be able to make the meeting, but also book a hotel and have my mileage reimbursed from my CME fund. If that hotel happened to have a waterpark for my family to enjoy while I learn, well… what a happy coincidence!
The conference turned out to be entirely worthwhile. I got caught up on the latest in xenografts, which I dabbled with in college. I learned more about genomics and its current and future roles in medical treatment. There were several talks on burnout and its counterpart, resiliency, that were very well done. I sat with a former governor’s brother while listening to a seasoned astronaut give the keynote speech. It was quite a day!
A day that ended with Dad hitting the waterslides, lazy river, and indoor boogie board with his family.
The Chase Sapphire Preferred is an excellent first (or only) rewards card. New 8/2021 is a $50 annual hotel credit for bookings via the Chase UR tavel portal & 5x points for all travel via the portal. 3x points on dining, 2x on other travel. Flexible rewards good for cash, travel, or transfer to travel partners, great travel protection & new Peloton, Lyft & DoorDash perks! $95 Annual Fee
The Chase Sapphire Reserve offers great travel perks including Priority Pass lounge access, a credit for Global Entry or TSA Pre✓ and a $300 annual travel credit. When using Chase Ultimate Rewards travel portal, get 10x points on hotels and car rental & 5x points on air travel. 3x points on other travel & dining. Elevated Peloton, Lyft and DoorDash benefits. $550 Annual Fee
Have a great week!
-Physician on FIRE
Scott Nelson-Archer, CLU, ChFC and Ryan Poindexter CFP, CLU, ChFC have 25 years of experience helping thousands of physicians around the country protect their future with disability income insurance and low cost life insurance. We offer “Own Specialty” disability contracts that pay when you are unable to perform the duties of your specialty, even if you retrain for another specialty or occupation. We pride ourselves on designing the right policy for each individual physician. For example, dual waiting period disability insurance may work better for your situation and save you money. Likewise with Term Life Insurance a laddered term life strategy can protect your family the right way and save you thousands in premiums over the years. Our 25 years of experience working with Physicians around the country cannot be matched!