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Top 5 Reasons NOT to Retire Early

PIMD welcomes Physician On Fire as our guest post. POF is a personal finance website created to inform and inspire both physicians and our patients with insightful writing from a physician who has attained financial independence and the ability to retire early.

1. You love your job.

You had a life-altering experience as a teenager. You made up your mind that you were going to help people. You studied your butt off for the next seven years and got into medical school. After three to six years of residency and perhaps another year or three in fellowship, you’re finally doing

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Mortgage rates are shooting up again, raising home ownership costs

Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months.

The average rate on a typical 30-year mortgage is now 6.91%, up from 6.69% a week ago, the Mortgage Bankers Association (MBA) said Wednesday. The average rate on a 15-year home loan increased to 6.41% from 6.15% a week ago.

Buying a home is cheaper than renting in only 4 US cities. Here’s where they are.

Mortgage costs are rising in large part because the Federal Reserve’s year-long campaign to tame prices by lifting its benchmark rate has yet to bring

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Hockey Hall of Famer Brendan Shanahan Selling $13M NYC Condo

Professional hockey players get bashed against the board, grinding it out week after week in the NHL.

But when the skates are hung up after practices and games, they look forward to relaxing in quiet comfort.

The Park Avenue pad owned by legendary forward Brendan Shanahan is precisely that type of elegant perch.

Huge by Manhattan standards, the five-bedroom, 4.5-bath condo offers 4,200 square feet of living space. But it’s the location that truly sells the residence. It sits smack dab in the middle of the Upper East Side near all the great museums, fancy boutiques, and Central Park.

Building
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Journal Club 05-12-23 – Passive Income MD

Here’s Journal Club 05-12-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Many of us wish to become homeowners someday. And as you probably already know, buying a home is an enormous undertaking in addition to repaying those crushing amounts of student loans. So, if you’ve been thinking about home ownership but wondering how you’ll make this work? The White Coat Investor has helpful tips for you in the article – Building Wealth While Living in an
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Journal Club 05-05-23 – Passive Income MD

Here’s Journal Club 05-05-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • When pursuing Financial Independence or planning for early retirement, most people tend to focus on accumulating wealth, but rarely do they think about ways to access that nest egg. Would you agree? Do you have a plan for how you’d be accessing your assets in retirement? In case you’re looking for some ideas, the Physician on FIRE has valuable guidance for you in the post
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Journal Club 04-28-23 – Passive Income MD

Here’s Journal Club 04-28-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Do you have an existing 401(k) that you were once excited about but now feel like you’re stuck with it, as it either comes with high fees or has a high expense ratio? Well, you’re not alone. The White Coat Investor talks more about this and shares helpful steps to better manage your retirement account in the article – What To Do With A Crummy
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Mortgage Rate Forecast For April 2023

Mortgage rates moved down sharply in March, a welcome trend for homebuyers hoping to make a deal during the spring selling season. Will rates continue the downward trend in April?

Housing analysts expect mortgage rates to continue to bounce around this month. While the consensus calls for rates to ease below 6 percent later this year, that forecast assumes the Federal Reserve will continue to successfully tame inflation, and that the remarkably resilient US economy will, finally, slow down.

“Forecasting mortgage rates in the best of times is tricky,” says Lisa Sturtevant, chief economist at Bright MLS, a multiple listing