UA used to only match retirement contribution for attending physicians, but starting 7/1/2016 when Banner takes over UA residency, residents and fellows may now get 4% Banner employer match to their retirement accounts, specifically 401k pre-tax account. To get this
Mortgage payments, biweekly or refinance?
I wrote this post several months ago. As soon as I was liberated from the onerous 6.8% interest of my student loans, I turned my attention to my next most expensive (highest interest) debt. My then mortgage was a doctor’s
What should I do? 350k @ 6.8% interest rate, 3 more years of training.
I recently met a colleague in the surgical field, who’s in his 4th year of training, with 3 more years to go. His numbers may apply to many at the same level of training. I figure I can take this
Rainy Day Fund
Every financially responsible adult I know has a rainy day fund. I have a non-conventional emergency fund, totaling 220k, of which: 50k is 0% interest for next 3-12 months. 50k charges 2% transaction fee for 0% interest for 12-18 months; effectively
DWM meets WCI (in person)
WCI (White Coat Investor) gave a lecture at our associated medical school today, geared towards residents and fellows. One very important question he asked the audience was along the line of “what percentage of your income do you plan to