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Blogger Profile


Dr. Cory S. Fawcett

Blog Info

Name:
Prescription for Financial Success
Category:
General Finance
Tags:
Debt, Budgeting, Lifestyle, Thriving, Financial Independence, Doctor, Early Retirement, Alternative Careers
Start Year:
2016

Blogger Bio

Net worth:
$6,400,000.00
Location:
Grants Pass, Oregon, United States
Age:
50s
Race:
White
Gender:
Male
Life stage:
RETIRED
Profession:
Doctor (Physician)
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Latest Blog Posts

Today was the first time since I retired from clinical medicine, that I missed my old career. My wife and I watched a Hallmark movie that we recorded before Christmas titled “Christmas Under Wraps,” starring Candace Cameron-Bure as a young doctor who wanted to become a surgeon, but ended up in Alaska helping patients in ... Read more ...
Posted: Feb 14 2018 @ 10:00 PM
Three steps to stop living paycheck to paycheck Many doctors today find themselves living paycheck to paycheck. They make a good income but just never seem to get caught up. Non-doctors see us as rich. But many of us are just broke on a larger salary. The whole reason I began Prescription for Financial Success ... Read more ...
Posted: Feb 07 2018 @ 10:00 PM
Do It Yourself Investing Have you ever wanted to be your own investment advisor' Have you ever cringed at the fees you are paying for investment advice' Does your investment advisor make more money off your portfolio than you do' Now is your chance to learn what it takes to be your own investment advisor. ... Read more ...
Posted: Jan 31 2018 @ 10:00 PM
The Successful Staycation Last year I wanted to take my family on vacation during Christmas break while my youngest son, Keith, was on break from college. My oldest son, Brian, was not able to get time off work as that was a very busy time for the store. So we decided to take a staycation ... Read more ...
Posted: Jan 24 2018 @ 10:00 PM
The One Statement Every Doctor Must Learn I have been helping doctors with their personal finances for a long time. I recently realized that there is a single statement, if doctors would learn to use it, that would change their lives. It is very common for me to encounter doctors who are in over their ... Read more ...
Posted: Jan 18 2018 @ 8:55 PM
How I Paid off $500,000 Of Debt In my last post, I told my story of how I got out of medical school with only $18,000 of debt. By the time I left residency I had that whittled down to $6,000 at 3% interest. Then during the next three years after starting my practice I ... Read more ...
Posted: Jan 11 2018 @ 6:25 PM
How Did I Accumulate So Much Debt' When I was a young lad, just heading off to college, I had no debt. I had no credit cards. My family didn’t use debt for purchases other than buying our house. I really didn’t have any knowledge about how to best use debt. My student loan package ... Read more ...
Posted: Jan 04 2018 @ 7:08 PM
Calculating The New Tax Plan Results As the year comes to an end, congress has passed the new tax bill. This was certainly not tax reform as has been discussed, but simply a rearrangement of how they calculate our taxes. This new plan lowers tax rates but eliminates many of the items that were previously ... Read more ...
Posted: Dec 28 2017 @ 2:00 PM
A Modern Christmas Carol Almost everyone is familiar with the story of Ebenezer Scrooge in A Christmas Carol. I was thinking about that this year and thought Charles Dickens could have just as easily written about Ebenezer’s financial situation and had visits from the ghost of finance past (Debt), the ghost of finance present (Budget), ... Read more ...
Posted: Dec 22 2017 @ 1:56 AM
What is Retirement' An unusual thing happened to me today; I was awakened by my phone alarm. Ever since I stopped practicing medicine ten months ago I have rarely needed to set an alarm to get up. Today when my alarm sounded, Carolyn commented that when she woke up, she thought we were in Spain. ... Read more ...
Posted: Dec 15 2017 @ 5:26 PM

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