PhysicianonFIRE Calculators

All Physician on FIRE posts as of January 2, 20
All Physician on FIRE posts as of January 2, 2021

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The Sunday Best (7/4/2021)
7 Reasons Not to Have a 100% Stock Portfolio

How to Know It's Time to Retire
YOLO vs. FIRE: The Balance Between Saving and Spending
The Unspoken Risks of NOT Retiring Early
Get 80% of the Benefits of Real Estate Investing with 20% of the Work
Make Fewer Things Matter: An Epiphany From Cutting A Pineapple
Travel Restrictions By State
10 Ways to Use 104,000 Chase Ultimate Rewards Points
Student Loan Advice: 7 Important Rules of Thumb
Semi-Retirement: Benefits of Working "Retirement Jobs"
Prices are Rising. Should We Be Worried About Inflation?
Slash Your A/C Bill with a Whole House Fan
The Most Important Factor in Retirement Withdrawal Plans
Marginal vs. Effective Tax Rates & Taking Advantage of Tax Bracket Arbitrage
A Commercial Real Estate Investing Thesis
How Much Money Does a Doctor Need to Retire?
Favorite Financial Rules of Thumb

A Scam Victim Tells His Story: All That Glitters is Not Gold
A Role for Tech ETFs in Your FIRE Investment Plan?
10 Apps That Will Help You Manage Your Debt
My Many Real Estate Investments
When Should a Doctor Get Disability Insurance?
Indulge and Enjoy Life Along The Way to FI
Health Tech is Booming: 4 Profitable Ways to Start a Tech Side Gig
The Doctor Loan: My Experiences Buying and Building with Physician Mortgage Loans
The Value of a Financial Advisor
How To Get Rich Quick in a College Town
Christopher Guest Post: Financial Success MD
Why It's So Important to Live in Your Home for at Least 2 Years
5 Mistakes Real Estate Investor Newbies Make
Pay Negative Taxes
Raising Money-Savvy Teens: a Fast-Track Guide
Taxes on a Million Dollars of Earned Income
Bernstein Says to Stop Playing When You Win The Game
31 Lessons from 31 Years on Earth
Physician Work-Life Balance and Gender Disparities
What Would You Do With 9 Extra Hours Every Day?
The WCI Children's Inheritance: A Five Point Plan
How This FI Physician Decided When to Retire
The Best Chase Credit Card to Get Depending On Your Stage in Life
Top Paid Medical Surveys in 2021
Is It Too Late To Start Investing In Real Estate?
Ranking The Historical Returns of Different Asset Classes
Eight Lessons From Building A Seven-Figure Real Estate Portfolio (And Adding $1M A Year)
A Timeshare Presentation Survival Guide: Getting to "No"
Doctors Aren't Burned Out, They are Morally Injured
Pursuing FIRE in a High Cost of Living Area: One Couple's Experience
Planning for Plan B: What Happens When You Can't Work Anymore
How We Got Our Home Offer Accepted in a Crazy Aggressive Seller's Market
Spend $200K in Retirement and Pay $0 Income Tax
Owning Assets Beats Having a Job
Facts to Help Your Non-Financially Savvy Friends Turn a New Leaf
The Taxman Leaveth 2021: A No-Tax Early Retirement
4 Great Ways to Protect Your Real Estate Assets
7 Takeaways from 2 Years of FIRE
The 1% Rule for Spending on Luxury: How to Live it Up and Still Achieve FIRE
Come On, Get Happy: Money Lessons from the World Happiness Report
There is Hope on The Road to Burnout
Learn From This Financial Journalist's 5 Money Mistakes
FIRE & Real Food: Losing 90 Pounds While Adding a Net Worth Comma
Locum Tenens Pros & Cons
7 Ways the Rich Pay Less in Taxes (and You Can Too)
11 Most Unanticipated Disadvantages of Becoming Wealthy
Living Stingy During a Hard Life Event
Spend Less. Live More.
6 Rules for Owning Rental Properties Without The Headaches
Everyone is Using The 4% Rule Wrong
4 Easy Steps to Kickstart Your Healthcare Branding Strategy
Top 5 Reasons You Shouldn't Listen to a Word I Say
Why Aren’t More Doctors Wealthy?
Being a FIRE Millionaire Doesn’t Mean You’re Rich
Why FIRE Was This Burned Out Doc's Only Way Out
4 Physicians 2021: Dr. A & the Impact of Working After FI
Disability Insurance for Two-Doctor Couples
How This Anesthesiologist Invests His Money
How to Invest in Real Estate With a Self-Directed IRA: Is It The Best Option?
No Called Strikes in This Business
How to Get an Infinite Return Investing in Real Estate
Owning Rental Properties Is Smart, but I’m Out, Jack!
Breaking Barriers: Helping Professional Women Overcome Hurdles & Achieve Success In Business
Ether to FI: Thank You 2020 & a Net Worth Update
I am a Doctor and I Hate My Job: The Cure for Burnout
Backdoor Roth IRA 2021: A Step by Step Guide with Fidelity
The Millionaire Definition Hasn't Changed, But Its Meaning Has
Estate Planning: 11 Ways to Avoid Probate
The Danger of Assuming You Can Out-Earn Your Bad Spending Habits
A Tale of 4 Single Primary Care Physicians
Buying a Turnkey Property Out of State
5 Retirement Planning Tactics to Aid Your FIRE Journey
A FIRE-Minded Approach to Life Insurance
Choose FI over FIRE
Truebill Review: Monitor and Slash Your Monthly Bills
Why VTSAX?
9 Ways to Increase Investment Returns
How to Stretch Your Dollar While Retiring Abroad - Interesting Facts for US Expats
A Tale of 4 Physicians 2021: The Impact of Lifestyle on Financial Independence
How to Find an Emerging Real Estate Market
Backdoor Roth IRA 2021: A Step by Step Guide with Vanguard
Creating Another Retirement Income Stream
How Much Money Do Doctors Make? (and Why It Doesn’t Matter)
Top 12 Financial New Year's Resolutions for 2021
The Backdoor Roth FAQ
Vanguard Brokerage to Vanguard Charitable: How to Easily Donate Appreciated Assets
From Medical Degree to Financially Free
In Praise of Giving
Public Versus Private School for Your Kids
Top 10 Ways to Lower Your Taxes
Create Massive Leverage Through Passive Real Estate Investing
One Incredible Tax Planning Tool (and So Much More)
The PoF Portfolio 2020: What I'm Invested in Now
Paying Yourself First – 6 Ways to Automate Your Financial Life
5 Ways to Incorporate Cashflowing Real Estate Into Your FIRE Plan
The Best Business Credit Cards for 2021
Why Early Retirees Should Max Out Retirement Accounts
How COVID-19 Has Impacted Doctors' Personal Finances
I'll Give $100 Each to Charities Chosen by the First 100 Readers to Comment
6 Ways to Invest in Apartment Buildings
How to Score Cheap Flights
Investing Mistakes 2020: Misadventures in Stock Picking and Tax Loss Harvesting
How to Pay Off Debt: The 3 Methods Explained
Christopher Guest Post: Just Start Investing
10 Things You Should Know About the 20% QBI Deduction (Section 199A)
Your "RMD Problem" That Isn't: Understanding Required Minimum Distributions
When Financial Independence is Irrelevant
How I Lost 10 Pounds in 24 Days (and What That Has To Do With Personal Finance)
Build Your Real Estate Portfolio with the BRRRR Method
How to Evaluate Web Design Proposals for Your Medical or Dental Practice
Ether to FI: 3 Years to the First Million & a Net Worth Update
You Are Strong: Don’t Let Burnout Win
Christopher Guest Post: Making Sense of Cents
They're Paying 0% to 1% Interest on Private Student Loans After Variable Rate Refinancing
7 Ways To Get Your Partner On Board Financially
Diagnosing Debt: Demystifying Interest Rates & Loan Terminology
How My Investing Has Changed After Financial Independence
Should You Manage Your Own Rental Properties?
Telemedicine: How to Defeat the Non-Compete
The Real Secret To Financial Success
Christopher Guest Post: You Be Three
Two Months in Spain: A Family FIRE Adventure Part II: Barcelona and Madrid
How to Build Wealth on a $150,000 Salary
Five Reasons I Like Hanging Out with Millionaires
International Stocks & Asset Location: Is Taxable or Tax-Advantaged Best?
Buy One Property a Year and Retire Early
Muni Bond Tax: 3 Situations Where “Tax-Free” Bonds Are Not
Our Tax Return Revealed: Total Income $522,662, Taxable Income $253,906
5 Reasons to Pay Off Debt (Instead of Investing)
8 Rags to Riches Stories: How These Millionaires & Billionaires Became Wealthy
Two Months in Spain: a Family FIRE Adventure Part 1: Valencia
5 Things You Can Do With an Old 401(k)
Christopher Guest Post: XRAYVSN
You Need an Investor Policy Statement
Asset Allocation (Part 3): The Dream Bucket
The Virtual Interview for Medical School and Residency Will Save Everyone a Bundle of Money
Top 5 Reasons Your Doctor Has a Side Hustle
5 Steps To Winning at Personal Finance
9 Symptoms of an Unhealthy Relationship with Money
Start Your FIRE: A Modern Guide to Early Retirement
6 Tips For Those Who Have Enough
Christopher Guest Post: Financial Freedom Countdown
One Year of Early Retirement: Is the FIRE Still Burning?
Asset Allocation (Part 2): The Risk / Growth Bucket
How to Find College Scholarships to Help Your Child Graduate Debt-Free
Ether to FI: Time Waits for No One & a Net Worth Update
Adrian Peterson’s Money Problems: 5 Lessons
12 Passive Income Ideas for 2020 and Beyond
Top 5 Financial Priorities for an Early Career Physician
7 Financial Mistakes Doctors Make (And How to Avoid Them)
How I Found Financial Security in a Culture Obsessed with Consumerism
AcreTrader Review: My Investment in Cash-Flowing Farmland
Asset Allocation (Part 1): The Security Bucket
How Telemedicine Can Save You and Your Practice Money

Band of Bloggers: a Physician on FIRE Q&A
5 Ways to Use Extra Cash Flow
Cost vs. Reward of Becoming a Doctor or a Dentist
My 5 Current and 3 Future Passive Income Streams
What To Do With an Inheritance
How Low is Your Passive Income Tax Rate? The Taxes on Passive Income Streams
5 Ways to Retire With $5 Million by Age 55
WCI's Fire Your Financial Advisor Course in Action: A Couple Creates Their Financial Plan
7 Ways For Physicians to Make an Extra $1,000 a Month
How a Career Transition Can Help You Reach Financial Independence
Free Beer Plus Profits! A Craft Brewery Investment Goes Full Circle
Consumer Addiction and 5 Ways to Beat It
Mortgage Debt Versus Student Loan Debt: Which is Better to Have?
6 Greatest Sins of Insurance Agents
Sitting on One Million Dollars in Cash
How To Set SMART Goals and Make Them Stick
Clinical Preceptorship: A Viable Physician Side Hustle?
FIRE FAQ: Frequently Asked Questions About Financial Independence & Retiring Early
Four Ways Financial Independence Counters Career Burnout

Love Your Job? Why You Should Still Pursue Financial Independence
Social Security & Early Retirement 2020: Know Your Bend Points!
What Percentage of Your Current Income Will You Need in Retirement?
Physician in Transition: A Fast Track Guide to Financial Security
The Different Types of Real Estate Crowdfunding Deals
Live Now or Save For Later: The Now or Later Fallacy
How to Thrive with Airbnb Rentals Amid the COVID-19 Pandemic
Forced Frugality: Applying Lockdown Life Lessons to Reach FI Faster
Retirement is Squishy
Five Important Financial Goals for Physicians
$25,000 Donated to COVID-19 Relief
The 1% Rule for Evaluating Rental Properties
A Real Estate Transaction Gone Wrong - Lessons Learned During A COVID Rental Transaction
Why You Should Insure Your Physician Income with Disability Insurance
Financial Independence is the Escape Hatch
Aggressive Hours Reduction: Why Every Physician Should Chase ‘Virtual Retirement’
Tax Loss Harvesting with Vanguard: A Step by Step Guide
How Early Retirement Prepared Us for the Pandemic
14 Reasons Why the White Coat Investor Doesn't Want You to Retire Early
Financial Freedom & Real Estate: It Starts and Ends With Acquisitions
How to Get Wealthy Investing in a Bear Market
The First Step Is The Hardest
Top 5 Reasons Most Medical School Applicants Get Rejected (And How to Avoid Them)
The Danger of Not Checking Your Portfolio (I've Made a Huge Mistake)
My First Bear Market
Budgeting That You Won’t Hate: The Backwards Budget
The Simple Path to Wealth: Is It Really That Simple?
Ether to FI: Embrace the Dip & 2 Net Worth Updates
What Matters Most When Investing
It’s Never Too Early to Start: The Rapid FIRE Approach of One Enterprising Medical Student
How Much Time Does It Take To Manage Your Own Rental Properties?
Yes, You Need a Legacy Binder: The In Case of Emergency "ICE" Binder
Exploring Jobs to Enrich Your Life When Retired or Furloughed
Our Frugal Weirdo Tendencies. Yes, I Cut My Wife's Hair.
Happiness Economics: What Actually Makes us Happy?
Why I Still Work (Even Though My Physician Husband Out-Earns Me)
Why One Mother Left Her GI Fellowship to Raise a Family
Investing in Retirement Part II
You're Retired. Now What? Finding Purpose in Retirement

Top 5 Tax Loss Harvesting Tips
Work Less Now or Work Less Later. What’s Better?
Medical Device Patent: A Quick Path to Financial Independence?
Physicians Scammed out of Tens of Millions of Dollars
You're Burned Out. Now What? Burnout Causes and Solutions
This Decision Cost Us 13 Million Dollars, But Was it a Financial Mistake?
Top 5 Ways to Spot (and Avoid) Investment Scams
Dealing With the Guilt of Early Retirement
The 4% Rule, HSAs, and Healthcare Costs in Retirement
Slow Travel in Mexico: A Family FIRE Adventure, Part II
3 Important Things to Know About a Sponsor Before Investing
How to Generate Over $5,000 Per Month With One Airbnb Property
Worldschooling: How Our Children are Educated as We Travel
How Should I Save for College? Plus a 529 Plan Hack
A Resident Physician on FIRE: How One Doctor Grows His Net Worth in Residency
Two Months in Mexico: A Slow Travel Family FIRE Adventure
Deleveraging Your Life
Do Bonds Belong in Your Portfolio?
Republic Real Estate: A New Way to Earn Rental Income from Condominium Ownership

Are Real Estate Investments Resistant to Inflation?
Confessions of an Ex-AUM Financial Advisor
Four Years of Physician on FIRE: Fellowship, Fun, and Philanthropy
Physician Lifestyle Inflation After The First Big Paycheck
From Residency to Real Money: Making the Transition as a Couple
8 Ways to Automate Your Finances
Risk Management in Private Real Estate: 3 Types of Uncertainty
Donating to a Vanguard Charitable Donor Advised Fund from a Vanguard Brokerage Account
It’s So Important to Diversify Your Real Estate Portfolio
10 Tips to Help You Save Money on Healthcare Expenses
Ether to FI: Moving Targets & a Net Worth Update
Joining a Cult: The Financial Independence Counterculture
Having the Financial Talk... With Your Parents
Earning Free Travel the Hard Way (and How to Make it Much Easier)
9 Financial Considerations as You Approach the End of Your Career
How to Fast FIRE Your Way to Generational Wealth - Part II
Top 5 Reasons to Enroll in an Online Course
Spend Money On Experiences… And Some Things, Too
How to Fast FIRE Your Way to Generational Wealth - Part I
A Gift on Giving Tuesday: $100 to 100 of Your Favorite Charities

What Causes Physician Burnout? The Medscape Survey
Mrs. Physician on FIRE Speaks! A Guest Post by Request
Top 5 Reasons Not to Enroll in an Online Course
Creating a Dynasty: Building Family Wealth Across Generations
Take the High Low Approach to Your Spending
When Your Portfolio Makes More Money Than You
Is It Better to Invest Early or Late in Real Estate Funds?
The True Cost of Healthcare in Early Retirement: A Guide to Open Enrollment
Student Loan Planner Reviews: Honest Opinions from Three Former Clients
Why are Doctors Burning Out? Three Ways FIRE Can Save Us
Christopher Guest Post: Five Year FIRE Escape
The Marble Movers: A Jarring Dividend Parable
Cap Weighted Versus Fundamental Index Funds
The Lucrative Side Hustles of a 7-Figure Urologist
Top 5 Reasons to Retire With Less Than 25 Years of Expenses
The Pros and Cons of a Doctor Going Part-Time
Landing a Doctor Job: How to Compare Positions for Physicians
A Two Million Dollar Book: The Physician Philosopher's Guide to Personal Finance
Should You Tithe or Build Your Own Wealth?

Your Complete Guide to House Hacking
Top 5 Reasons to Exceed 25 Years of Expenses Before Retiring
Spend Money On What Makes You Happy
The Backdoor Roth Point / Counterpoint: A Must-Do or Meh?
Credit Card Perks: Travel Insurance Benefits & Medical Evacuation Coverage
How Are These Physicians Creatively Generating Passive Income?
How To Ask For What You Want At Work… And Get It
Teach Your Kids About Money with the Bank of Mom and Dad
Investing in Retirement: The 3 Big Issues
How One Man Built A 6-Figure Online Business In Less Than 2 Years
The Student Loan Resource Page
Practical Investing Advice for Doctors: The Pareto Principle
Retire Early With Real Estate
Real Estate Start School Review
5 Things You Can Do Today to Become Financially Independent
Maximize Your Dead Time For a New Approach To Life
How Did I Get Here? What I've Learned After 4 Years of Early Retirement
Ether to FI: Part-Time Work. Full-Time Life! And a Net Worth Update
Attending Your Own Funeral: Thoughts on Finances and Legacies
As a Business Owner, I Have No Idea Where I Am on My Journey to FIRE (and That's OK)
Camp FI Review: A Weekend with FI-Curious Strangers
8 Things To Do With Financial Independence Besides Retire Early
How $500k in Student Loan Debt Prepared Us for FIRE
Investing with Alpha Investing: An Overview
Understanding The 4 Main Commercial Real Estate Investing Strategies
9 Reasons to Go On a Medical Mission and 1 Reason to Not Go
Retired from Medicine at 43: Why, How, and What Now?
Why are Doctors Burning Out? Three Ways Financial Independence Can Save Us
Maximize your Practice's Profits: Payer Rate Negotiation vs. Concierge Practice vs. Direct Care
We Bought a $90,000 House. And Yes, We Moved In.
Stupid Doctor Tricks: Physicians' Biggest Financial Mistakes
Why Paying Down Debt Aggressively Was the Worst Financial Decision I’ve Ever Made
Early Retirement Checklist Part Two: Insurance, Family, and Social Considerations Prior to FIRE
The 5 Benefits of Financial Freedom
Searching For Happiness When Financially Independent
Early Retirement Checklist Part One: Money Considerations Prior to FIRE
Is it Wrong for Doctors to Retire Early?
What You Need to Know about Fundrise and DiversyFund
Life Goal: To Lose a Million Dollars

Which Assets Should You Spend First in Retirement?
The Financial Burden of a Rare Cancer
How a Taxable Brokerage Account Can Be as Good or Better Than a Roth IRA
You Are the Average of the Five Physicians You Spend the Most Time With
Christopher Guest Post: Montana Money Adventures
2019 Q2 PoF Portfolio & Blog Performance Update
Top 5 Lessons from Sports on How to Be Better With Money
Is Medical School Worth the Cost?
How to Find Your Side Hustle
Managing Risk With Fixed Income: How to Buy Zero Coupon Bonds
Top 5 Reasons Tracking Spending is Problematic
10 Reforms That Would Improve Our Retirement System
Buffer Assets, Bucket Plans, and Sequence of Return Risk
Ether to FI: Waste Not Want Not & a Net Worth Update
Six and a Half Ways to Bridge the Early Retirement Gap to Age 59 and a Half
How to Choose a Medical Specialty
Online Term Life Insurance Quotes: PolicyGenius Versus Term4Sale
Six Reasons Nothing Matters More Than Your Retirement Date After Age 50
Top 5 Mistakes Doctors Make With Disability Insurance
The Epochs of Early Retirement
7 Risks of Real Estate Investing
Are Actuaries the FIRE Superheroes?
529 Plans: What You Need to Know About College Savings Plans
Asset Location and Making Your Money Last in Early Retirement
Physician, Know Thyself: A Self-Identity Crisis
An Early Retiree Creates and Shares His Investment Policy Statement
What to Do with Suboptimal Assets in Your Portfolio
12 Ways to Simplify Your Taxable Brokerage Account
6 Lessons I Learned from Failed Business Attempts
Stealth Wealth and Financial Independence: A Q&A with PoF
Don’t Forget To Do a Risk-Benefit Analysis When Investing
Christopher Guest Post: Can I Retire Yet?
The Best Cash Back Credit Cards in 2021
The 10 Percent Rule: Limiting Lifestyle Creep
Healthcare Costs in Retirement – Don’t Make this Big Mistake
A Life Without Chains
8 Steps to Retire Comfortably Despite a Late Start
Your Personal Brand: Why Building Authority is Key to Your Success
Top 5 Factors that Make Financial Independence Easier to Achieve
7 Great Tax Benefits of Investing in Real Estate
5 Tips For Beating Physician Burnout
Christopher Guest Post: The Physician Philosopher
How to Design Your Personal Retirement Glide Path
The Long-Term Cost of Investing in the Wrong Index Fund
2019 Q1 PoF Portfolio & Blog Performance Update
What's Keeping You from Financial Freedom?
Create Your Own Comprehensive Financial Plan
My Life Costs $220 a Day. A Realistic Budget for a Family of Four.
Living Rich Can Keep You Poor
Christopher Guest Post: Wealth Well Done
5 Traits Doctors Share with Successful Entrepreneurs and Investors
Financial Independence Should Be Part of the Medical Trainee's Curriculum
The Sunday Best (3/17//2019)
The Cash Balance Plan: Should You Invest in this Extra Retirement Account?
Aligning Careers With Your Physician Spouse
Would You Quit Your Job as a Lottery Winner? How Financial Independence is Like Winning the Lottery
How to Avoid FOMO When Investing
Christopher Guest Post: Mad Fientist
Ether to FI: “I hate it. I hate it. I hate it!” Learning from Those You Disagree With & a Net Worth Update
7 Guidelines for Adding New Asset Classes to Your Portfolio
FOMO, Cancer, and the Practice of Medicine
When Your Income Becomes Your Enemy
Five Things That Need to be Said About Passive Income
The 7-Figure Urologist: Origin Story
Walt Disney World for the FIRE Crowd
Rebalancing Your Portfolio: Why, When, and How
Christopher Guest Post: Financial Panther
Financial Freedom for Generation X
How to Build a Real Estate Crowdfunding Ladder
The Reality of Real Estate Investing: It's Not as Easy as It Seems
Financial Freedom for Millennials
How The White Coat Investor's Children Will Pay for Their College
Working Worldwide with the WoWs -- Financial Independence and Volunteering
The FIRE Movement is Here to Stay
PIMD's Med School Side Hustles
Christopher Guest Post: Route to Retire
Know Your Enemy: Investing for Retirement
EquityMultiple: An Interview With CEO Charles Clinton
Calculating the Value of Your Backdoor Roth Contributions
Seven Money Matters I’m Horrible with and How I Deal with Them
2018 Q4 & Annual PoF Portfolio, Spending, and Blog Performance Update
Calculate Your Debt Slave Ratio
Christopher Guest Post: Mr. Crazy Kicks
What Happened to Doctors and Golf?
I Quit Obstetrics at age 43: the “DABDA” Stages of a Major Practice Change
Tax Loss Harvesting with Fidelity: A Step by Step Guide
Merry Christmas from My Family to Yours! Our Fake News Christmas Newsletter
Avoiding the Hedonic Treadmill
Physician Retires Early and is Met With Scorn
Ether to FI: Frugal Spouses: The FI Superpower & a Net Worth Update
Is It Better to Invest for Cash Flow or Appreciation?
Christopher Guest Post: Miss Bonnie MD
Credit Cards for People Who Love Free Travel & Money
The 10 Worst Places To Get Investing Advice
Debunking the Myths of Dividend Investing
Fight Burnout with Both Saving and Spending
7 Behaviors of the Wealthy (and How I Copy Them)
The Basics of Angel Investing
One World Surgery: My Week in Honduras on a Medical Mission
Is it Time to Take Some Money Off the Table?
Christopher Guest Post: She Picks Up Pennies
Help Me Give Away $10,000
Should You Track Your Net Worth?
The Case for Giving on the Road to Financial Independence
Job A Versus Job B. A Tale of Two Jobs
Top 5 Reasons Not to Ignore Social Security
Refinancing for Retirement: How to Sort Out Your Student Loans
Mainstream Media Misses the Mark on the FIRE Movement
A Dirty Needle Helped This Physician Get His Finances in Order
Christopher Guest Post: Go Curry Cracker
One Year of Commuting With a Modified Electrified Fortified Bike
The Concept of “Being Done” Saving for Retirement
On Your Path to Financial Independence, Stop and Smell the Roses
The Marginal Value of the Backdoor Roth. Is it Worth the Trouble?
How to Find More Time to Get Things Done
Giving Faceoff: Charitable Remainder Trust (CRT) versus Donor Advised Fund (DAF)
Ether to FI: Don't Call it Retirement (and a Net Worth Update)
How Much Money Will You Take to Your Grave?
Christopher Guest Post: Early Retirement Dude
2018 Q3 PoF Portfolio, Spending, and Blog Performance Update
Obstacles Doctors Face in Pursuing a Side Hustle
How to Negotiate an Increased Physician Signing Bonus — And What To Do With It
Retired Not Retired
Top Ten Efficiency Secrets of The White Coat Investor
Living the Good Life on a Small Budget in Mexico
Who Cares? Why Write About It?
Should You Try to Spend Less or Earn More?
Christopher Guest Post: Abandoned Cubicle
Four Ways to Boost Investment Returns Without Additional Risk
Retired at 34. How One Physician Quit Her Job to Live Her Dream.
Focus Less on Net Income and More on Net Time
Geographic Arbitrage in Retirement: Five American Cities for Budget Retirees
Tax-Free Roth Conversions via the Section 199A 20% QBI Deduction
Are You Moving Closer to or Further From Financial Independence?
Christopher Guest Post: Apathy Ends
Buying a $3 Million Umbrella Insurance Policy for $170 Per Year
18 Ways to Invest $25,000
Early Retirement Doesn't Have to Suck
Adulting & Investing: How To Become An Adult Investor
How I Convinced My Wife to "Budget Party" With Me
Your Money or Your Life? Both, Please.
Is Having a Mortgage a Great Way to Force Savings?
Christopher Guest Post - Root of Good
Money is Everything
Track Your Financial Goals with Four Key Measurements
How Many Rental Properties Do You Need to Retire Early?
Side Gigs for Pre-med and Medical Students
Ether to FI: Shifting Focus from the "FI" to the "RE" and a Net Worth Update
The Ten Commandments of the White Coat Investor
Christopher Guest Post: Retire by 40
Investing Basics for Professionals With Little Time or Experience, Part II
Should You Consider Your Primary Home a Part of Your Net Worth?
You're Financially Independent. Now What?
Student Loan Case Studies # 4, 5, & 6
Ten Ways to Feel Rich
The Art of the Side Hustle: Complementing Your Career with Entrepreneurship
Rounding the Bases of Financial Independence
Christopher Guest Post: Chief Mom Officer
Beyond PSLF: Additional Student Loan Forgiveness Programs
Six Financial Considerations for Mid-Career Professionals
Why Joseph Should Continue in Real Estate Investing
Top 5 Ways I Make Poor Choices With Money
Are You as Pressed for Time as You Think?
House Hacking: A Lucrative Passive Income Stream for Young Professionals
Student Loan Case Studies # 1, 2, & 3
Five Ways to Leave Clinical Medicine
Christopher Guest Post: Jim Wang of Wallet Hacks
Investing Basics for Professionals With Little Time or Experience
How Leverage Can Multiply Your Returns & Create Massive Wealth
Chief Mom Officer: Overcoming Obstacles to Achieve Early Financial Independence
WCICon18: A Review of The White Coat Investor Financial Literacy and Physician Wellness Conference
The Diminishing Returns of More Hard Work
Ether to FI: Mrs. E.T.F., Are We on the Same Page?
What I Wish I’d Known at 18: Money Advice For a Graduating Senior
Make Medicine a Hobby & Enjoy a Long, Happy Career
Christopher Guest Post: Our Next Life
Should You Invest in a Roth or Traditional 401(k)?
Do You Feel Lucky, Punk? Determining Appropriate Portfolio Risk
When Your Physician Career Doesn’t Go as Planned (Because It Won’t)
A Q & A with Physician on FIRE (that's me!)
My Rich Dad. My Poor Dad.
How to Score Discounts on Physician Disability Insurance
Money Lessons from the Amazing Dr. Shaq
Christopher Guest Post: Crispy Doc
Investing in a Three Fund Portfolio Across Numerous Accounts. Get the Spreadsheet!
How to Achieve Financial Independence Spending $200K Per Year
Retiring Early in Healthcare Without a Physician's Income
Six Months of Part-Time Work. Or How to Save $60,000 on Taxes.
A Retirement Checklist
43 Things to do with 86 Weekends in 2018
What is fatFIRE?
Why It’s So Hard to Give Up Work
Christopher Guest Post: Distilled Dollar
The Sunday Jest (4/01/2018)
One House. One Spouse. One Job.
I Owned Six Homes and Lost It All With Real Estate Investing
Coming Clean: How Financial Independence Came More Easily & I'm Not Exactly Retired.
He's Financially Independent! [If He Moves]
Rest in Peace, E.T.F. A Love Letter from a Dead Man and a Net Worth Update
Smart Career Alternatives and Retirement for Physicians
Cracking The Nest Egg – Decumulation Strategies in Retirement
Christopher Guest Post: Coach Carson
23 Days in Hawaii: Our Slow Travel Fail
Taking Steps Toward a Better Life
Paying Off the Mortgage Early is a Mistake I'll Never Regret
The White Coat Investor Backdoor Roth Tutorial
Got Student Loans? Alter Your Asset Allocation.
How to Think About Money
Why I Don't Bother With an Emergency Fund
Christopher Guest Post: Think Save Retire
The Actual Benefit of Front-Loading Your Investments is Smaller Than You'd Think
A Rare Tax Break for the Wealthy: The 529 Account
Early Retirement Bliss: Getting Your Partner on Board
How Many Different Income Streams Should You Have?
Debt, Equity, Development & More: Types of Crowdfunded Real Estate Investments
Take a Free Cruise Using Travel Rewards
You Can Have More Than One 401(k)
Christopher Guest Post: Financially Alert
I Volunteered for the Hospital Board and was Sued for Millions.
Be an Owner, Not a Consumer, to Achieve Financial Freedom
Tax Reform and Health Insurance: New Options for the Self-Employed & Early Retiree
2017 Q4 & Annual PoF Portfolio, Spending, and Blog Performance Update
14 Milestones to Celebrate on the Path to Financial Independence (and Beyond!)
Ether to FI: Home Days & Net Worth Update
Top 5 Expenses That Could Go Up in Retirement
Paying Off Student Loans With Passive Income
Christopher Guest Post: Life of a Med Student
Physician on FIRE Turns Two.
Stupid Debts and the Doctors Who Love Them
Five Financial and Five Non-Financial Lessons Learned From Our Family Doctor
Use Reverse Engineering to Achieve Your Life Goals
Ten Reasons to Delay Your Early Retirement by Five to Ten Years
WCI versus PoF: A Pro / Con on Donor Advised Funds
I Maxed My Retirement Accounts. Now What?
Tax Reform! How Physicians and the Self-Employed are Affected
End of Year Rebalancing and a Required Minimum Distribution
Why Many Doctors Live Paycheck to Paycheck
The Zen of Diversity: Asset Classes, Epochs, and the Efficient Frontier
Three Weeks in Guanajuato Mexico: A Preview of Life After FIRE
Should One Raid Retirement Funds as a Fellow?
Your First Attending Paycheck: White Coat Rumspringa!
Top 5 Expenses that Go Down in Retirement
What is Passive Income?
Christopher Guest Post: The Wall Street Physician
The WCI Network Expands!
Tax Benefits of Donating to Charity
Ether to FI: Obeying WCI's Ten Commandments & Net Worth Update
A Quarter Million in DAFs: A Retirement Goal Achieved
Invest in Yourself Now. Save Money Later
Regret After Leaving a Medical Career Behind
Financial Implications of Leaving a Military Medicine Position
Christopher Guest Post: Dads Dollars and Debts
Financial Independence With Kids: How Procreation Impacts FIRE
Look Mortality in the Eye Without Flinching: Simple Estate Planning
What To Do With A Windfall
How the Corporatization of Medicine Saved My Life
Lessons Learned at a Physician's Retirement Planning Workshop
Christopher Guest Post: Full Time Finance
An Electrified Fortified Commuting Machine
Comparing Independent Contractor Jobs with Employee Jobs: 1099 vs. W2
Breakfast Burritos & Medical Surveys
The Dark Side of Physician Finance: Why You Have a Target On Your Back
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Estimated Taxes and the Safe Harbor Rule
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An Actuary's Take on Longevity and Early Retirement
Top 5 Reasons to Work After Financial Independence
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Christopher Guest Post: Gen Y Finance Guy
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SPIA: The Good Annuity
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Don't Retire To Something. Retire On Something.
The Ultimate Hedge Against Future Uncertainty
Our Latest Real Estate Investment: 7 Acres of Lakefront
The X Factor
Christopher Guest Post: Get Money Got Money
How to Think About Illiquid Investments
Second Generation FIRE
How To Punch Out of Medicine in 10 Years
From Hubris to Humility - Dr. Segan's Top 17 Investing Mistakes
Can a Bear Take Away Your Financial Independence?
Christopher Guest Post: Mr. Tako Escapes
Holy Stealth Wealth Part II: Developing an Investor Policy Statement
Four Rules I Followed To Get Wealthy
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He Earns $1,800,000 a year. He spends $70,000. Holy Stealth Wealth!
Introducing Ether to FI: A New Attending Striving for Financial Independence
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Book Report: The Doctors Guide to Starting Your Practice Right
10 Reasons to Go For Early Financial Independence
Christopher Guest Post: My Money Wizard
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Retirement Planning for Doctors: Why It's Tough and How to Get It Right
Using Your IRA for Real Estate & Crowdfunding Investments
When the Hedonic Treadmill hits Ludicrous Speed
Drive a Beater... Get Rich
I Decided Not to Go For Medical School. Twice.
Christopher Guest Post: Senior Resident
Our Drawdown Plan in Early Retirement
8 Reasons Why You Should Invest With Mutual Funds Instead Of A Variable Annuity
When the New Car Bug Bites
Minimalism versus Frugality: Can They Coexist?
The Story of Dr. Moneybags
What's Your Part Time Number?
Advantages of a Taxable Investing Account
Christopher Guest Post: Big Law Investor
Case Report: Roth or Traditional Contributions for a Low Six-Figure Household
Retired from Medicine at 37: The Finances Behind Her Decision
Book Report: The Doctors Guide to Eliminating Debt
How to Get to Your Money Before Age 59 1/2
Confessions From a Physician Who Failed Early Retirement
A Three Fund Portfolio Keeps Getting Cheaper!
Christopher Guest Post: Ten Factorial Rocks
Debt Free by Forty: Why I Chose to Pay Off My Mortgage
Beyond Enough
The State of Real Estate Crowdfunding
That Time I Was Broke and Spent $1,000 on Beer
The North Star Sunday Best (4/23/2017)
A Gap Year Away From Medicine: One Physician's Experience
So Long, Full Time Employment!
Stupid Doctor Tricks -- Biggest Financial Mistakes
Christopher Guest Post: Family Money Plan
Successes and Failures in the Land of Disability Insurance
I'm Equal Parts Physician, Scribe, and Mouse Jockey
Debunking The Myths Of Whole Life Insurance
Renting versus Buying a Home: The Happy Philosopher's Experience
A $4,300 Family Vacation in Paris and Reykjavik
Christopher Guest Post: ESI Money
Dr. E's Path to Financial Independence: A High-Income Case Study
Live Like a Resident
Complete Guide to a 48 Hour Stopover in Reykjavik
Successful Blogging: 10 Steps to Building and Growing a Website
Top 5 Reasons This Physician Holds $500,000 in Cash
I See Dead People
Mixing Business with Pleasure: PoF Goes to SLC
Christopher Guest Post - Green Swan
Early Retirement Chose Me
Revisiting and Revising the Investor Policy Statement
My MOC Debacle: Nevermind That $2,100 Exam You Just Passed
Splurging on My First Love
Christopher Guest Post: Smart Money MD
Plan Bs, Redundancies, and Contingencies
Top 5 Ways for Physicians to Attack Student Loans
Top 5 Reasons to Front-Load Your Investments
From 28 Funds to 3: Simplifying to a 3 Fund Portfolio
Christopher Guest Post: The Retirement Manifesto
$62,000 Spent. Here's Where it Went.
Medicare: A Study in Chaos
One Year of Physician on FIRE. Happy Blogiversary to Me!
Christopher Guest Post: Johnny K. Johnson
PoF Portfolio Returns: How Did We Fare in 2016?
A Fifth Physician Revisited: The $10 Million Dream
My Money Is Worth More Than Your Money
DAF Giving Tutorial from Fidelity and Vanguard Charitable
What to Give Those Who Have "Everything"
The Sunday Best 12/18/2016
Real Estate for Physicians: Location, Location, Location, Location
Should I Take 40 Weeks Off Every Year?
Christopher Guest Post: J.L. Collins
Treat Your Finances Like Fantasy Football
The Sunday Worst (and Best 12/4/2016)
The High Cost of Being a Good Physician Citizen
Urban Meyer Has a Message For You, Doctor
The Best Way to Donate A Hundred Grand
Giving Thanks with a $100,000.00 Donation
Christopher Guest Post: Early Retirement Now!
What You Don't Know CAN Hurt You
She Said, He Fled. Divorce in a FIRE Focused Family
Stealth Wealth: I'm Just an Ordinary Average Guy
Christopher Guest Post: Tawcan
Financial Independence versus Financial Freedom
Boo! Being a Physician Can Be Downright Scary
The Live on Half Challenge
My Retirement Outlook is Rainy? The Problem With Assumptions
Who Are the Physicians Who Retire Early?
Christopher Guest Post: Son of a Doctor
Which Costs More: A 10% Tithe or a 1% Account Fee?
The Earth Awaits: Where in the World is Our Family Going to Go?
Our Second Home is One of Our Best Investments
The Saturday Best (10/1/2016)
What if I Quit My Job a Year Earlier?
A Physician Takes a Step Towards Minimalism
Christopher Guest Post: The Happy Philosopher
Cut the Cord! I Finally Did.
Is a Second Home a Good Real Estate Investment?
Multimillionaire Family Tracks Spending for a Year: They Spent How Much?!?
Book Report: The White Coat Investor
No. Budgets are Not Sexy.
Christopher Guest Post: Future Proof MD
Early Retirement and The Likelihood of Regret
50 Ways I'd Like to Spend My Time in Early Retirement
Olympic Medalists and the Taxman. Make 'em Pay?
Money, Achievement, Fame, & Suicidal Ideation
Bonds: What Are They Good For? Part II
Christopher Guest Post: Dr. Wise Money
Bonds: What Are They Good For? Part I
Top 5 Things I'd Tell My Younger Self
Find & Fuel Your Passion: Lakenenland, A Yooper Story
Top 5 Reasons I Chose Not to Retire at 39
Announcing My Retirement
Christopher Guest Post: White Coat Investor
Geographic Arbitrage: How Geoarbitrage Makes the Great Plains Great!
A Fifth Physician: Dr. F & The Half Time Option
We Were Promised Death Panels
How I Brofited from the Brexit
Christopher Guest Post: 1500Days
The Top 5 Reasons I Want to Retire Early
Happiness is an Early Retirement
He Has Read Over 250 Investing Books. He Recommends These Three Funds.
4 Physicians Revisited: The Impact of Specialty Choice
I Made a Bad $10,000 Investment. On Purpose.
I'm Giving Money Away!
Saving Money in and Around San Francisco Part II
Saving Money in and Around San Francisco Part I
Tax Drag: What a Drag it is Getting Taxed
Inception: When an Idea Takes Hold
PoF Portfolio Performance Update
Don't just do something. Stand there!
The Power of One More Year
20 Steps to Effective DIY Investing
Top 5 Things I'll Miss When I Retire Early
Investment Fees Will Cost You Millions
Top 5 Ways to Pay No Tax on Capital Gains & Dividends
Top 5 Money Lessons from Prince
My Mega Roth Conversion: a $276,000 mistake?
Top 5 Ways to Lower Your Tax Bill
Frugal Without a Cause
Introducing: The Sunday Best (4/10/2016)
Stay Fit for a Longer & Better Retirement
4 Physicians Revisited: Dr. D & the Impact of Retiring before FI
How Much is Enough?
Double Your Money with the Rule of 72
4 Physicians Revisited: Dr. C & the Impact of a Sabbatical
What I Learned on Spring Break
Make it a Treat
Top 5 Ways to Derail Financial Independence & Early Retirement
A Detailed Dissection of my Investor Policy Statement.
Money Used to Buy Me Stuff. Now It Buys Time.
The Frugal Physician: Self-Serving or Self-Denying?
Top 5 Ways to Manage Your Money
4 Physicians Revisited: Dr. B & the Impact of Divorce
4 Physicians Revisited: Dr. A & the Impact of Part-Time Work
The PoF Portfolio
Top 5 Reasons to Achieve Financial Independence
4 Physicians Revisited: Dr. D & The Impact of Lifestyle Deflation
Live like an NFL player, and… retire… early?
4 Physicians Revisited: Dr. C & the Impact of Increased Income
4 Physicians Revisited: Dr. B & the Impact of Lifestyle Inflation
Physician on FIRE Guide to Retiring at 45
My Path to Financial Independence
The Donor Advised Fund : A Smarter Way to Give
Better to Burnout than Fade Away?
A Tale of 4 Physicians: The Impact of Lifestyle
Top 5 Reasons NOT to Retire Early
Top 5 Reasons to Retire Early
"It's Good To Be King" The Benefits of Financial Independence
My Story
What Do You Mean, "On FIRE"?
Dr. Anderson Benson Carlson Dahlgren
Salary $340,000 $340,000 $340,000 $340,000
Match & Profit Sharing $20,000 $20,000 $20,000 $16,000
Compensation $360,000 $360,000 $360,000 $356,000
Income Taxes Paid

Federal Income Tax $46,700 $46,700 $49,900 $56,500
State Income Tax $14,300 $14,300 $15,000 $16,400
FICA $13,500 $13,500 $13,500 $13,500
Total Tax $74,500 $74,500 $78,400 $86,400
Pre-Tax Spending
Health & Dental Ins. $8,000 $8,000 $8,000 $8,000
Pre-Tax Investments
HSA investment $7,200 $7,200 $7,200 $0
401(k) $19,500 $19,500 $19,500 $5,600
457(b) $19,500 $19,500 $6,200 $0
Total $46,200 $46,200 $32,900 $5,600
Take-Home Pay $211,300 $211,300 $220,700 $240,000
Taxable Income $260,700 $260,700 $274,000 $301,300

Marginal Federal Income Tax 24% 24% 24% 24%
Effective Federal Income Tax 18% 18% 18% 19%
Post-Tax Income $265,500 $265,500 $261,600 $253,600
Annual Spending $120,000 $160,000 $200,000 $240,000
Post-tax investments
529 Education Funds $10,000 $10,000 $8,700 $0
Roth IRA (backdoor) $12,000 $12,000 $12,000 $0
Taxable Investment $69,300 $29,300 $0 $0
Total $91,300 $51,300 $20,700 $0
Saving % Calculation
Retirement contributions* $147,500 $107,500 $64,900 $21,600
Monthly Contribution $12,292 $8,958 $5,408 $1,800
Max Possible Contribution $277,500 $277,500 $273,600 $261,600
Savings Rate (Net) 53.2% 38.7% 23.7% 8.3%
Savings Rate (Gross) 41.0% 29.9% 18.0% 6.1%
Required Nest Egg for FI $3,000,000 $4,000,000 $5,000,000 $6,000,000
Years to Goal at 2% Real 17.1 27.8 46.7 94.1
As seen in: A Tale of 4 Physicians 2021: The Impact of Lifestyle on Financial Independenc
e on Financial Independence
PoF Compound Interest Calculator
Starting Amount / Lump Sum $0
Monthly Investment $8,400
% Interest Rate 6.0
Number of Years 25
% Investment Fees* 0.10
% Tax Drag** 0.25
Grand Total After 25 Years Investment at beginning
Daily Compounding $5,541,752
Monthly Compounding $5,543,429
Annual Compounding $5,562,777
Grand Total After 25 Years Investment at end
Daily Compounding $5,540,895
Monthly Compounding $5,517,451
Annual Compounding $5,265,288
*Including expense ratios, fund loads, AUM fees, etc… (0.1% to 3%)
**For taxable account only (typical range of 0.3% to 1%)
PoF Savings Rate Calculator
Salary $300,000
Match & Profit Sharing $20,000
Compensation $320,000
Income Taxes Paid
Federal Income Tax $50,000
State Income Tax $10,000
FICA $12,000
$72,000
Post-Tax Income $228,000
Pre-Tax Spending
Health & Dental Insurance $15,000
Other deductible benefits
$15,000
Pre-Tax Investments
HSA investment $7,000
401(k) or 403(B) $19,000
457(b) $19,000
SEP-IRA
other tax deferred
$45,000
Take-Home Pay $168,000
Post-tax investments
Roth IRA (backdoor) $12,000
Taxable account $16,000
529 / Education $10,000
Mortgage Principal $18,000
Student Loan Principal $12,000
Other post-tax investment
$68,000
Annual Spending $100,000
Saving % Calculation
All contributions $133,000
Monthly Contribution $11,083
Max Potential Contribution $233,000
Savings Rate (Net) 57.1%
Savings Rate (Gross) 41.6%
Required Nest Egg for FI* $2,500,000
Current Nest Egg $0
Years to FI at 2% Real 16.0
*Assumes future spending requirements
equals this year's spending.
As seen in: A Tale of 4 Physicians: The Impact of Lifestyle

PoF Fees Effect Calculator
Age @ Career Start 32
% Return While Working 8
% Return While Retired 5
Tax Drag on account (0 to 1%) 0.3
Annual Savings 1st Decade $50,000
Annual Savings 2nd Decade $100,000
Annual Withdrawal 3rd Decade $70,000
Annual Withdrawal 4th Decade $87,500
FEES 10 Years 20 Years 30 Years 40 Years 50 Years 60 Years 70 Years

0.1% $750,220 $3,100,778 R $4,017,456 $4,893,561 $5,217,220 $6,866,435 $9,476,617
0.5% $733,554 $2,970,908 E $3,647,179 $4,126,695 $3,871,296 $4,526,528 $5,523,035
1.0% $713,363 $2,818,212 T $3,229,587 $3,305,995 $2,519,954 $2,320,971 $2,033,060
1.5% $693,859 $2,675,497 I $2,824,858 $2,543,128 $1,355,607 $563,899 ($515,104)
2.0% $671,327 $2,516,397 R $2,491,004 $1,993,303 $593,228 ($479,983) ($1,885,426)
2.5% $656,814 $2,417,166 E $2,227,761 $1,551,834 $23,785 ($1,194,753) ($2,712,840)
3.0% $639,224 $2,300,263 ! $1,962,672 $1,145,472 ($453,333) ($1,730,262) ($3,243,630)
Age 42 52 52 62 72 82 92 102
As seen in: Investment Fees Will Cost You Millions
Fees Work Returns Retired Returns

0.10 7.6 4.6
0.50 7.2 4.2
1.00 6.7 3.7
1.50 6.2 3.1
2.00 5.6 2.7
2.50 5.2 2.2
3.00 4.7 1.7
Joel Pete Vince
PoF Tax Drag Calculator Alaska Colorado California
Taxable Portfolio $ 1,000,000 $ 1,000,000 $ 1,000,000
Short Term Capital Gains $0 $0 $40,000
Ordinary (non-qualified) Dividends $2,000 $4,000 $4,000
Marginal Tax Rate 15.0% 37.6% 53.9%
Tax $300 $1,504 $23,716
Long Term Capital Gains $0 $1,000 $1,000
Qaulified Dividends $18,000 $16,000 $5,000
Capital Gains rate (0%, 15% or 20%) 0.0% 15% 20.0%
NIIT Surtax (0% or 3.8%) 0.0% 3.8% 3.8%
State Income Tax (0% to 13.3%) 0.0% 4.6% 13.3%
LTCG & Qaul. Dividend Tax Rate 0.0% 23.4% 37.1%
Tax $0 $3,978 $2,226
Total Divided & Capital Gains Tax $300 $5,482 $25,942

Foreign Tax Credit $350 $0 $100
Total Tax on Taxable Account -$50 $5,482 $25,842

Tax Drag 0.0% 0.5% 2.6%
As seen in: Tax Drag: What a Drag it is Getting Taxed
Rule of 72 Calculator
Starting $ $100,000
% Interest 8
Years to Double 9
Final Value $200,000

Starting $ $100,000
% Interest 8
Years to Triple 14.25

Starting $ $100,000
% Interest 8
Years to Quadruple 18
As seen in: Double Your Money with the Rule of 72

BMI Calculator by Physician on FIRE
English Metric
Weight (lbs) 165 Weight (kg) 75
Height Height (cm) 183
Feet 6
Inches 0
BMI 22.4 BMI 22.395

As seen in: Stay Fit for a Longer & Better Retirement
10 Million Dollar Dream Calculator by Physician on FIRE
$10,000 per month savings
CAGR 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10%
$0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
$1,000,000 8.3 8.0 7.7 7.4 7.2 7.0 6.7 6.6 6.4 6.2 6.0
$2,000,000 16.7 15.4 14.4 13.5 12.8 12.1 11.5 11.0 10.6 10.2 9.8
$3,000,000 25.0 22.3 20.3 18.6 17.3 16.2 15.3 14.4 13.7 13.1 12.5
$4,000,000 33.3 28.8 25.5 23.1 21.2 19.6 18.3 17.2 16.2 15.4 14.7
$5,000,000 41.7 34.8 30.3 27.0 24.5 22.5 20.9 19.5 18.3 17.3 16.4
$6,000,000 50.0 40.5 34.6 30.5 27.5 25.0 23.1 21.5 20.1 18.9 17.9
$7,000,000 58.3 45.9 38.6 33.7 30.1 27.3 25.1 23.2 21.7 20.4 19.2
$8,000,000 66.7 51.1 42.4 36.6 32.5 29.3 26.8 24.8 23.1 21.6 20.4
$9,000,000 75.0 55.9 45.8 39.3 34.7 31.2 28.4 26.2 24.3 22.8 21.4
$10,000,000 83.3 60.6 49.0 41.8 36.7 32.8 29.9 27.5 25.5 23.8 22.4
$100,000,000 833.3 223.4 143.6 108.7 88.5 75.1 65.6 58.4 52.8 48.2 44.4
As seen in: A Fifth Physician Revisited: The $10 Million Dream

PoF Time To FI Calculator
Starting Amount / Lump Sum $800,000
Desired Years' Expenses for FI 25
Desired Annual Spending $100,000
Desired Retirement Savings for FI $2,500,000
Current Deficit $1,700,000
Years to Goal at 2% Real 18.5
Years to Goal at 10 % Real 8.0
As seen in: What’s Your Part Time Number?

PoF Added Time To FI Calcutor
Additional $ Needed to Raise Kids $422,193
Years to Goal at 10 % Real 3.0
As seen in:Financial Independence With Kids: How Procreation Impacts FIRE

PoF XIRR Calculator
Date Value
5/31/1947 -$1,000
5/31/2017 $2,000,000
XIRR 11.46%
↑
=XIRR(C3:C4,B3:B4)
Used in: http://www.physicianonfire.com/sunday-best-6112017/

PoF 2021 Social Security Calculator
Year S.S. Wages Index Factor Index Wages
1960 13.5009658 $0
1961 13.2378681 $0
1962 12.6066062 $0
1963 12.3048487 $0
1964 11.8217236 $0
1965 11.6126296 $0
1966 10.9550519 $0
1967 10.3770236 $0
1968 9.709677 $0
1969 9.179198 $0
1970 8.7452136 $0
1971 8.326816 $0
1972 7.5836146 $0
1973 7.1370512 $0
1974 6.7365965 $0
1975 6.2681603 $0
1976 5.8635568 $0
1977 5.5320131 $0
1978 5.1250319 $0
1979 4.7127644 $0
1980 4.3233438 $0
1981 3.9279458 $0
1982 3.722987 $0
1983 3.5500451 $0
1984 3.3529442 $0
1985 3.2159285 $0
1986 3.1232278 $0
1987 2.9359868 $0
1988 2.7981731 $0
1989 2.6916021 $0
1990 2.5727621 $0
1991 2.4803311 $0
1992 $1,357 2.3587966 $3,201
1993 $3,944 2.3386833 $9,224
1994 $4,272 2.2775558 $9,730
1995 $3,067 2.1897812 $6,716
1996 $0 2.0876823 $0
1997 $0 1.9725804 $0
1998 $2,055 1.874473 $3,852
1999 $2,055 1.7755259 $3,649
2000 $1,848 1.6824846 $3,109
2001 $1,848 1.6432817 $3,037
2002 $19,272 1.6269651 $31,355
2003 $37,083 1.5881424 $58,893
2004 $39,013 1.517593 $59,206
2005 $42,833 1.464024 $62,709
2006 $94,200 1.3996899 $131,851
2007 $97,500 1.338927 $130,545
2008 $102,000 1.3088189 $133,500
2009 $106,800 1.328859 $141,922
2010 $106,800 1.2981766 $138,645
2011 $106,800 1.2587362 $134,433
2012 $110,100 1.2206217 $134,390
2013 $113,700 1.2052174 $137,033
2014 $117,000 1.1639032 $136,177
2015 $118,500 1.124772 $133,285
2016 $118,500 1.1122039 $131,796
2017 $127,200 1.0750787 $136,750
2018 $128,400 1.0374755 $133,212
2019 $132,900 1 $132,900
2020 $137,700 1 $137,700
2021 $142,800 1 $142,800
Sum of top 35 years indexed wages $2,421,620

Avg Indexed Monthly Earnings (AIME) $5,766
First Bend Point ($966) reached? YES
Second Bend Point ($6,002) reached? NO
AIME up to 1st bend point $966.00
AIME between 1st & 2nd bend point $4,800
AIME beyond 2nd bend point $0.00
Age at which you begin collecting Monthly Annual % of FRA*

Benefit @ 62 $1,683.73 $20,204.72 70.00%
Benefit @ 63 $1,803.99 $21,647.91 75.00%
Benefit @ 64 $1,924.26 $23,091.11 80.00%
Benefit @ 65 $2,084.69 $25,016.33 86.67%
Benefit @ 66 $2,244.89 $26,938.66 93.33%
Benefit @ 67* (Full Retirement Age) $2,405.32 $28,863.88 100.00%
Benefit @ 68 $2,597.75 $31,172.99 108.00%
Benefit @ 69 $2,790.18 $33,482.10 116.00%
Benefit @ 70 (Maximum Benefit) $2,982.60 $35,791.21 124.00%
For a full explanation of bend points, see the post: Social Security 2021: Know Your Bend Points!
*Full Retirement Age values Based on Birth Years 1960 & Later. See
** Index factors need to be adjusted for those aged 60 and older.
Bend Point 1 $966
Bend Point 2 $6,002
Explanation at SSA.gov
PoF Cost of Raising Children Calculator
Your Best Estimate
Annual Total Opportunity Cost (real return)
# of Kids Expenses Expenses 2.00% 4.00% 6.00%
1 $13,000 $234,000 $281,854 $343,031 $421,731
2 $23,000 $414,000 $498,665 $606,902 $746,139
3 $33,000 $594,000 $715,475 $870,772 $1,070,547
4 $43,000 $774,000 $932,286 $1,134,643 $1,394,956
As seen in: Financial Independence With Kids: How Procreation Impacts FIRE

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