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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.
Tips for Physicians: Raising Money-Smart Teens
The teenage years are a critical time for children to gain financial independence. Here's how physician parents can help.
Tips for Physicians: Raising Money-Smart Kids
Physicians should start fostering money skills in their children from a young age. Here are some techniques to try.
Physicians: Is Your Planned Inheritance Protected?
Physicians should take some special precautions if they expect a substantial inheritance. Here's why.
Three Tips for Physicians Saving for Retirement
Although investment returns rarely are consistent year by year, we can make assumptions based on annualized returns over a period of many years.
Financially Fit for 2015? 10 Questions for Physicians
Taking the opportunity to review your financial life now could make for a better 2015. Here are 10 questions all physicians should be asking themselves as the year comes to a close.
Why Dental Insurance May be a Waste for Some Physicians
Physicians may want to think twice prior to purchasing dental insurance. Here's why.
The Important Insurance Policy Many Physicians Overlook
Umbrella coverage is one of my first and strongest recommendations to physician clients. Here's why.
College Savings Tips for Physician Parents
Although there are many ways to save for a child's college education, I recommend that my clients consider these two methods.
Should Physicians Invest or Pay Off Debt First?
Physician clients often ask whether it is wiser to pay off debt or invest in the stock and bond markets. Here's what I tell them.
The Key to Physician Financial Success
One important skill that helped you become a physician can also help you become financially successful. Unfortunately, many forget it after residency.
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