money-2724237_1920

How to Save for Retirement?

Retirement planning comes in many outlets that are designed to compound your savings while save on taxes.  Read about retirement and the various ways to save for retirement below:


The Optometrist's Guide to Retirement:


Retirement Vehicles/Methods:


Related Articles

6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong (1)

6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong

We have quite a few ODs on Finance members who are big Dave Ramsey fans, and quite a few who are Dave Ramsey Haters. Here are 6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong and how each OD can optimize them to be even more successful!

Thoughts on Current Economy Live Event (2)

Thoughts on the Current Economy with Peter Schiff (FB Live Event)

With the world under distress at both a political and public health level, it is hard to make sense of economic activity.  Furthermore, with heavy government involvement in the economy, long term implications are both scary and unknown.  In this live event, famed economist Peter Schiff helps us understand his vision of the economic future…

8 Reasons Why Every Optometrist should Invest in Index Funds

8 Reasons Why Every Optometrist should Invest in Index Funds

KEY POINTS: (1) Better Performance (2) Lower Cost (3) Less Time consuming (4) Less Risky (5) More Tax-Efficient (6) Ease of use in Building your Portfolio (7) Wide Availability (8) Eliminate Behavioral aspect and No Feeling of missing out (FOMO) Due to the recent COVID shelter in place order, many investors (new and experienced) are…

The Optometrist's Guide to Side Hustle

The Optometrist’s Guide to Side Hustles

With the increasing burden of massive student debt and low insurance reimbursement rates, many optometrists are searching for income alternatives to make extra money aside from their full-time optometric profession. Many optometrists are looking for ways (either passive or active) to supplement, or even completely replace, their current income by doing a “side hustle”. Do…

Federal Rate 0

The Federal Reserve Just Slashed Interest Rates to 0%, What Does This Mean for Me?

March 2020 is shaping to be one of the craziest months our country has experienced in quite a while.  There is no doubt that these next few weeks will find their places in US History books that our children and grandchildren will study in the future. With widespread quarantine efforts by the government and CDC,…

COVID-19 Has Closed My Practice, What Should I Do_

COVID-19 Has Closed My Practice, What Should I Do?

We are experiencing uncharted territory as the coronavirus pandemic continues to ravage the economy, health and mental stability of the American population.  As of March 23, 2020, multiple states have issued “Shelter in Place” acts which limit business operations to essential businesses only. The big concern that arises for practice owners from extended closures/minimum operation…

Navigating Market Mantras During Volatility and Uncertainty

Navigating Market Mantras During Volatility and Uncertainty

The perfect storm of the COVID-19 outbreak and the upcoming election has led to an extremely volatile market.  March 16, 2020 marked the second largest single day loss by the Dow Jones Industrial Average, in the history of the US. With the market down and heavily volatile, a few mantras regarding how to invest with…

Top view of young female writing on blank notebook in warm beige feminine workspace concept with make up and office supplies

We are likely going to head into a Recession; here is how you can Prepare

Hey ODsonFinance Community, Look like today is going to be another unpleasant day in the stock market with the recent announcement by the President to restrict air travel to Europe. As of this writing on Thursday March 12, 2020, the market have drop more than 20% from its recent highs in February and officially we…

Dollar Cost Average

Dollar Cost Averaging

Wealth building is a process that comes in many forms. Many agree that there are three major steps to wealth building: Eliminating Debt Saving Money & Acquiring Assets Allowing Assets to Grow If we were to equate wealth building to painting a picture, Step 1 would be our blank slate, Step 2 our paint brush…