James M. Dahle, MD, FACEP

Articles

For the past four years, the US stock market has been up more than the international stock market. Here's what that means as far as your investments go.

Don't Give Up On International Stocks

Financial independence is typically defined as not having to work for money. A financially independent doctor may still continue to work, but would be able to live and support her family for the rest of their lives off of savings and completely passive income sources.

Are You Moving Toward or Away from Financial Independence?

While there are no hard boundaries to early-, mid-, and late-career, letâ€™s consider a late-career doctor someone who anticipates retirement in the next three to eight years, so typically age 50 to 65.

Financial Considerations for Late-Career Physicians

There are plenty of financial articles out there for doctors who are just getting started with their investing careers. However, for those in between these two stages (mostly 40 to 50 years old), there is an absolute dearth of information available on the internet and in bookstores.

Financial Considerations for Mid-Career Physicians

We are now about seven and a half years into a bull market â€“ not counting that very brief blip in 2011 that you probably didnâ€™t even notice. It is well-known that the further we go into a bull market, the more frequently we will hear the question, â€œWhy not just invest 100% of my portfolio in stocks?â€

In Defense of Bonds

In early career, a physician typically has a high income, a low net worth, a high tax bill, and significant liability concerns. Large contributions to tax-deferred retirement accounts are the perfect solution. Donâ€™t say the government never did anything for you.