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Dr. Chirag P. Shah, Dr. Jayanth Sridhar, and Mel Lindauer have no financial or proprietary interest in the materials presented herein.
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Library of Congress Cataloging-in-Publication Data
Names: Shah, Chirag P., author. | Sridhar, Jayanth, author.
Title: Financial freedom Rx : the physicians guide to achieving financial independence / Chirag P. Shah, MD MPH, Jayanth Sridhar, MD.
Description: First Edition. | Thorofare : SLACK Incorporated, 2021. | Includes bibliographical references and index.
Identifiers: LCCN 2021011965 (print) | LCCN 2021011966 (ebook) | ISBN 9781630919566 (paperback) | ISBN 9781630919573 (epub) | ISBN 9781630919580 (pdf)
Subjects: LCSH: Physicians--Finance, Personal. | Medicine--Practice--Finance. | BISAC: BUSINESS & ECONOMICS / Personal Finance / Money Management | MEDICAL / Education & Training
Classification: LCC R728.5.S53 2021 (print) | LCC R728.5 (ebook) | DDC 610.68/1--dc23
LC record available at https://lccn.loc.gov/2021011965
LC ebook record available at https://lccn.loc.gov/2021011966
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For Meena and Pradip,
for teaching me the value of enough,
and for Steffi,
for reminding me when I forget.
Chirag
For Amma, Appa, Divya, Priya, Arun, and
Mighty Mouse.
What we accomplished, we did together.
Jay
We are grateful to the following friends and colleagues for critically reviewing this book to help make it better: Mel Lindauer, CFS, WMS; Andrew Lam, MD; Michael Tibbetts, MD; Michael Morley, MD; Charlie Beresford, MBA; Darin Goldman, MD; Sunir Garg, MD; Joe Anaya, MD, MBA; and Ryan Callahan. Thank you to those who offered vignettes for inclusion in the book as well.
We also thank Justin Ma, BS, for expertly preparing the figures.
Chirag P. Shah, MD, MPH is an assistant professor at Tufts University School of Medicine, a lecturer at Harvard Medical School, and vitreoretinal surgeon in Boston. He teaches Financial Literacy 101 at Harvard Medical School, and also to residents and fellows around the United States. He is coeditor of the Wills Eye Manual, Fifth Edition, the all-time best-selling book in ophthalmology. He was deputy editor of the American Academy of Ophthalmologys Online News and Education Network, a site that 110,000 ophthalmologists and other health care providers access every month. His professional awards include the Secretariat Award from the American Academy of Ophthalmology and the Senior Honor Award from the American Society of Retina Specialists, awards for outstanding service to the educational missions of both societies. He also won the coveted Ron Michels Award, given annually to the most accomplished graduating retinal surgery fellows in the nation. Dr. Shah was one of 25 medical students nationwide to win the Leadership Award from the American Medical Association. He is the editor of the Clinical Trials section of Retina Times, a bimonthly publication read by nearly every retinal specialist in the United States and in 63 other countries. He is well known as a key opinion leader in his field and is an engaging speaker at national and international conferences. He has authored more than 70 scientific papers. An avid marathoner, Dr. Shah enjoys coaching his kids soccer teams and cycling with his family.
Jayanth Sridhar, MD is the creator and host of the most popular and most listened-to podcast in the field of ophthalmology, Straight from the Cutters Mouth: A Retina Podcast. He has appeared as a correspondent on CNN, and he also serves as section editor for the American Academy of Ophthalmologys Online News and Education Network. He is a highly sought-after speaker at medical meetings throughout the United States and has earned several honors, including the Secretariat Award from the American Academy of Ophthalmology, the Senior Honor Award from the American Society of Retina Specialists, and the Best Cool Idea educational award from the Innovations in Medical Education conference for his podcast. He is a retina surgeon and an associate professor at the top-ranked Bascom Palmer Eye Institute in Miami, Florida, and has authored more than 125 scientific papers. In his spare time, he enjoys traveling with his wife and is an avid basketball fan.
When there are multiple solutions to a problem, choose the simplest one.
John C. Bogle
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns