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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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If you are weighing whether or not to take Social Security early or wait it out, here are a few considerations that you should have.

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You can check on patients and correct errors by regularly looking at their data, but you can’t do the same with investments.

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How can you make sure your money keeps working for you in retirement? Here are some strategies for investment in the latter years of your life.

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Here are some tips to effectively help your elderly parents with their finances, including getting them the right health insurance.

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How can you reduce taxes if you run a practice? Funding a retirement plan with pretax dollars, an HSA, and more can get you started

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With people staying healthy and active into their nineties, retired physicians have to figure out how to not run out of money. Here are some strategies.

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While people don’t often use home equity, it can be a “buffer” if things go poorly. Here are a few ways to use it as an asset.

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Many expenses go away or are reduced when you retire. In some cases, you may be able to maintain on 15-30 percent less annual income when you are retired.

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Physicians investing with brokerage firms have to be careful not to get ripped off by brokers taking more than their fair share.

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Helping patients understand they have to pay for their care can be difficult. Here’s a guide that helps break it down.

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