by themdpreneur | Apr 14, 2021 | Personal Finance, Retirement
Roth 401k & Roth IRA: Tax-free retirement funds When it comes to your retirement, a Roth 401k and a Roth IRA are both funded with post-tax dollars. The money you put into them is taxed at the time you contribute. That’s the opposite of a traditional 401k and IRA,...
by themdpreneur | Mar 24, 2021 | Investing, Personal Finance, Retirement
Become Financially Independent. Then Retire Early. The FIRE (Financial Independence, Retire Early) movement was founded almost 2 decades ago. It premiered in a book called, “Your Money or Your Life.” The 1992 best seller said that working until age 65 wasn’t an...
by themdpreneur | Aug 19, 2020 | Personal Finance, Retirement
Value-Based Care: Financial Impact for Doctors Value-based Care (VBC) is major healthcare reform. It is the difference between incenting quality over quantity. The FFS is about quantity. The financial incentive was to increase the number of procedures, tests, and...
by themdpreneur | Aug 3, 2020 | Personal Finance, Retirement
When Can I Retire? The better question is when can I retire comfortably. The answer may depend on how early you started planning for retirement. A 401K is only as good as the amount you put into it. If you’re counting on your stock portfolio – have you checked it...
by themdpreneur | May 6, 2020 | Personal Finance, Retirement
If you do not understand the difference between traditional and Roth 401k, do not feel bad. Most people have heard of traditional and Roth 401k retirement savings accounts but do not understand their differences. In general, the differences between these two...
