The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading pleasure.
Every week, I scan hundreds of headlines, read dozens of posts, and bring you the best of the best to save you time and mental energy.
Financial Independence (FI) is a primary focus, but it’s an awfully broad topic. I tend to approach FI and early retirement from a fatFIRE perspective and through the lens of a physician, so I expect to see those biases in the selected articles.
Related topics that have become recurrent themes include early retirement, selective frugality, tax issues, travel, physician issues, and investing.
For more great articles, take a peek at The Sunday Best Archives. Now let’s get to the best… The Sunday Best!
Jorge Sanchez, MD, curated this week’s articles.
The Sunday Best (03/24/2024)
A brief overview of the backdoor Roth and precise step-by-step instructions on how to do this yourself at Vanguard: Backdoor Roth IRA 2024: A Step-by-Step Guide with Vanguard.
Five questions to ask to make better choices and lead a more thoughtful financial life: From Humble Dollar, Asking Myself
The White Coat Investor covers the four categories on how to avoid the Sequence of Returns Risk: 4 Methods of Reducing Sequence of Returns Risk.
A good short-term strategy that you can stick to is preferable to the perfect long-term strategy that you can’t stick with. Here are other reasons why you shouldn’t take on more risk than you can handle: From Tony Isola, Investing Is A Multiple Of Your View Of Tomorrow
The only failure is not trying. Mark Manson shares 40 lessons he knows now at 40 that I wish I knew at 20: 40 Life Lessons I Know at 40 (That I Wish I Knew at 20)
Why this cryptocurrency rally is different than the prior ones: From Of Dollars and Data, More People Buy, Number Go Up
Lewis & Clark led an amazing expedition of discovery. In the process, they provided a roadmap for how to live a great retirement. The Retirement Manifesto lists lessons we can benefit from as we navigate our retirement expeditions: Retirement Lessons From Lewis & Clark.
- The importance of both financial and non-financial aspects of retirement and making choices that align with personal happiness and purpose: From Humans vs. Retirement, How to Live a Regret Free Retirement with Christine Benz
- Why does homeownership have financial value only for the most privileged retirees? From Center for Retirement and Research, Homeownership in Retirement: an Asset or a Burden?
How to balance retirement savings with college savings: From The College Financial Lady, How Much Should You Save for College?
Give with a warm heart, not a cold hand: From Humble Dollar, Give While You Live.
Benefits of opening a Roth IRA for your child: From Flow Financial Planning, Did Your Child Earn Money Last Year? You Can Open a Roth IRA for Them.
Why slowing down to reach FI/RE to love the life you want now could be a superior choice than hurrying to get there: From Money with Kate, Forged in the FI/RE
In this article, we compare VOO and VTI, and you will understand the differences in diversification, expense ratios, performance, and the implications of investing internationally: VT vs VTI: Which total market exchange-traded fund is better?