Thanks for your post. I would be interested in hearing more about your help from Vanguard with estate planning and incapacitation issues in the future.
I agree that many surgeries can be avoided. The old financial adage "don't just do something - stand there" can apply to medicine as well as finance. Patience and educating ones self prior to proceeding with any surgical endeavor is necessary. I would caution against the notion that surgeons are out to maximize profit from your care. Money does not make up for the pain experienced by both the patient and surgeon when things go wrong. It also is important for the surgeon to be compensated for his work. A system that rewards you for NOT providing care has dangers all its own.
The funds themselves have somewhat higher cost than typical index funds. I would be wary of switchilng to those funds, expecially with any after tax monies to avoid a large capital gains tax. Unfortunately the long term planning always needs to be re-analyzsed with seemingly yearly tax and law changes. Good luck
Its a concern I share as well. Not sure if the amazing number of different sector ETFs and products will help dilute the concentration. I have kept my original stock index funds but more recent purchases have been directed to value sectors in an attempt to offset the risk of high concentration in a few stocks in the capital based index funds.
It sounds like you enjoy your job a lot. I would suggest starting to develop hobbies, friendships,etc to occupy your time once you leave your work position. Also I would try and do any vigorous travel/activities prior to age 70. In my experience mens' health and activity level tends to diminish significantly after that age. Not home bound but different. Good luck
If you have a reasonably large tax deferred IRA I would use that to cover the costs and then have the expense deducted as a medical payments on your itemized deductions. My plan
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Thanks for your post. I would be interested in hearing more about your help from Vanguard with estate planning and incapacitation issues in the future.
Post: Going it Alone by Dennis Friedman
Link to comment from June 19, 2025
Doing "Knotwords" on a daily basis
Post: Building Connections
Link to comment from April 22, 2025
I agree that many surgeries can be avoided. The old financial adage "don't just do something - stand there" can apply to medicine as well as finance. Patience and educating ones self prior to proceeding with any surgical endeavor is necessary. I would caution against the notion that surgeons are out to maximize profit from your care. Money does not make up for the pain experienced by both the patient and surgeon when things go wrong. It also is important for the surgeon to be compensated for his work. A system that rewards you for NOT providing care has dangers all its own.
Post: Screw politics, let’s talk health. Are all surgeries necessary or have we become the college tuition bank for the doctor’s children?
Link to comment from April 17, 2025
Running is a great antidepressant. Enjoy as long as physically able
Post: The Comeback
Link to comment from April 10, 2025
Plus taxes on interest if in a taxable account
Post: The bond market
Link to comment from April 10, 2025
Treasuries at auction for taxable accounts. TIPS ladder for retirement accounts
Post: Buying Treasury Bond ETFs vs. MM Funds in this Moment
Link to comment from April 10, 2025
The funds themselves have somewhat higher cost than typical index funds. I would be wary of switchilng to those funds, expecially with any after tax monies to avoid a large capital gains tax. Unfortunately the long term planning always needs to be re-analyzsed with seemingly yearly tax and law changes. Good luck
Post: Investing in Dimensional Funds
Link to comment from February 15, 2025
Its a concern I share as well. Not sure if the amazing number of different sector ETFs and products will help dilute the concentration. I have kept my original stock index funds but more recent purchases have been directed to value sectors in an attempt to offset the risk of high concentration in a few stocks in the capital based index funds.
Post: Blame Game
Link to comment from February 9, 2025
It sounds like you enjoy your job a lot. I would suggest starting to develop hobbies, friendships,etc to occupy your time once you leave your work position. Also I would try and do any vigorous travel/activities prior to age 70. In my experience mens' health and activity level tends to diminish significantly after that age. Not home bound but different. Good luck
Post: What wisdom can you share?
Link to comment from February 8, 2025
If you have a reasonably large tax deferred IRA I would use that to cover the costs and then have the expense deducted as a medical payments on your itemized deductions. My plan
Post: How Are You Planning to Pay for Potential Long Term Care Expenses?
Link to comment from February 4, 2025