Steven Podnos, MD, CFP

Steven Podnos, MD, CFP

Steven Podnos, MD, CFP, is a critical care physician and fee-only financial planner.  He is the principal of Wealth Care LLC in Central Florida.   E-mail him here.



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One important skill that helped you become a physician can also help you become financially successful. Unfortunately, many forget it after residency.

Single physicians may want to take a different approach to asset protection than married physicians. Here's why and how.

I have been thinking about the several dozen families in my financial practice that are wealthy, and I have noticed some common themes.

Common types of financial trauma suffered by physicians, and my prescription for how to avoid them.

The great basic tenet of insurance is to plan for the small possibility of a large loss. Here are some of my other insurance tips for doctors.

As physicians, we take the Hippocratic Oath to swear that we uphold specific ethical standards. Don't you want a financial adviser who has done the same?

Over the years, I have seen many physicians make mistakes when planning for their children's education costs. Here are three of the most common.

Trying to compare your investment returns to any given benchmark can be misleading and lead you down the wrong path.

High-income earners sometimes transfer substantial amounts of family assets to their nonworking spouses. Here's why this is a big mistake.

The key difference between a revocable living trust and an irrevocable trust and when and why physicians should consider using them.


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