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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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Looking at your investment statements leads to emotions, which can lead to financially injurious behavior by physicians.

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There are three choices physicians need to make when it comes to investing in municipal bonds. Here's what to consider first.

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Physicians should plan for a certain level of income in retirement, but must also accept the many variables they can't control.

Employed physicians lose many of the tax advantages and other benefits of running their own practice. Here are some ways to counteract the negative effects.

For many physicians, art and jewelry are good investments — but not necessarily in the financial sense.

Why physicians may want to proceed cautiously when considering delayed annuities with guaranteed withdrawal benefits.

When attempting to find a great financial adviser, look for many of the qualities you would look for in a great physician.

The 401K plan is the overwhelmingly popular choice of retirement plans for most medical practices. But some may want to consider the Simple IRA.

One of the trickiest aspects of evaluating money and investments is the aspect of time. Have you considered how time could impact the value of your money?

The uncertainty of knowing just how much money one will need over decades of retirement is a challenge faced by most physicians.

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