Earning a high income doesn’t automatically translate into high net worth. In some cases, high earners simply spend more and end up with fewer assets than more moderate earners. This problem can be especially true of physicians, which often targets of unsavory financial professionals. Are you a medical resident or physician? Then you could benefit from reading The White Coat Investor by James M. Dahle, MD. Check out my review here.
Category: Wealth Management
Recently, a reader pointed me to How To Retire Early: Your Guide to Getting Rich Slowly and Retiring on Less by Robert and Robin Charlton. She mentioned this book is an example of the type of information that can be helpful to readers as they pursue and achieve financial goals.
According to the book and its charts, the authors accumulated over $900,000 (on a relatively modest combined income of less than $100,000 per year for most of their investing years), retired early at age 43, and began traveling the world. You can see where they’ve been at Where We Be and learn about their investing, frugal living, and retirement journeys.