MD_Money_Mentor

Husband & Girl-dad 3.0 | Cardiology FIT| Board certified Internist | Financial coach for DIY investors | Entrepreneur |

[MD_Money_Mentor @CBoaduMD]

If you can see it in your mind, you can hold it in your hands. Just keep thinking of greatness and you will manifest greatness.

[MD_Money_Mentor @CBoaduMD]

6.Taxable brokerage account - invest up 20% of your gross income.
7.Check in on your sinking funds and enjoy your money guilt free. Whatever you’re saving for, as long as you’re consistent, you will accomplish your goal.

[MD_Money_Mentor @CBoaduMD]

2024 financial-checklist

https://t.co/rc1TN0lUfr your Budget and cut out unnecessary expenses.
https://t.co/4DTejfTcJY for an emergency fund: I recommend of 3 to 6 months of expenses in a High Yield savings account.
3.Term life insurance - if anyone depends on your income

[MD_Money_Mentor @CBoaduMD]

4. Own occupation Disability insurance - because the future in unpredictable. Statistics prove that you are more likely to be disabled than to die.
5. Review your retirement accounts: Roth IRA, HSA, 401k/Solo 401k/Sep IRA. Contribute periodically and invest your cash.

[MD_Money_Mentor @CBoaduMD]

You still have until April 15th (tax day) to contribute to your Roth IRA. Maximum contribution of $6500 for 2023. You can then get an early start on 2024 with a limit of $7000. High earners can use the backdoor method. 😎

[Tyler Olson, EA @olsonplanner]

If you can memorize the Krebs cycle, you can do the Backdoor Roth.

[MD_Money_Mentor @CBoaduMD]

@DrQuinnCapers4 Congratulations!

[MD_Money_Mentor @CBoaduMD]

@SarahAHumphreys @jamesagardner @jareddashevsky This 👍🏾

[MD_Money_Mentor @CBoaduMD]

@olsonplanner @brianportnoy @Downtown Great read! Love @Downtown

[EVE 🐣 @dvsirenco]

@MarioNawfal

[MD_Money_Mentor @CBoaduMD]

@olsonplanner Scary he can say you can say 5-20% with a straight face. I received a call this week from a NWM FA trying to sell me an IUl/WLI. I didn’t fall for it.

[MD_Money_Mentor @CBoaduMD]

@olsonplanner Say it again! 🤔🤔

[MD_Money_Mentor @CBoaduMD]

@olsonplanner Will definitely do it. $600 < 2.5 of annual income. Guaranteed they won’t be house poor and will be able to invest and enjoy the rest of their income.

[MD_Money_Mentor @CBoaduMD]

@livelykt @olsonplanner 3 years remaining as in 36 payments to go, I assume.

[Cara Lescott, MD @caralescott]

ERAS certified, time to re-enter my #medtwitter era

I’m Cara, an M4 @Rutgers_NJMS, applying to General Surgery #Match2024

Currently interested in colorectal surgery, mentorship, med-ed, weightlifting, & binging audiobooks. Excited for the next 6 months!

#GenSurgMatch2024

[rich & REGULAR @richandregular]

my life’s work is explaining to smart people that the S&P is the only area of their life where they can just be average and still satisfied with the result.

[MD_Money_Mentor @CBoaduMD]

So cool

[Angioplasty.Org @angioplastyorg]

Today marks a celebration for interventional cardiology: the 46th anniversary of the 1st coronary angioplasty, performed in Zurich by Andreas Gruentzig. As promised, here is our story, told by the 1st patient himself, Adolph Bachman, and his doctor, Bernhard Meier. #AngioHistory

[MD_Money_Mentor @CBoaduMD]

@RubinJMiller Sad but true. I guess you have to understand what’s governing the person’s thoughts.

[MD_Money_Mentor @CBoaduMD]

Do you remember when you joined X? I do! #MyXAnniversary

[Tyler Olson, EA @olsonplanner]

Y’all need to save more than $400,000 in retirement savings.