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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.
Physicians: Stop Looking at Your Investment Statements
Looking at your investment statements leads to emotions, which can lead to financially injurious behavior by physicians.
Municipal Bonds and Physicians: 3 Considerations
There are three choices physicians need to make when it comes to investing in municipal bonds. Here's what to consider first.
Physician Retirement Planning: Uncertainty is Inevitable
Physicians should plan for a certain level of income in retirement, but must also accept the many variables they can't control.
How Employed Physicians Can Improve Their Finances
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.
Are Art, Jewelry Good Investments for Physicians?
For many physicians, art and jewelry are good investments — but not necessarily in the financial sense.
Physician Beware: Delayed Annuities with Guarantees
Why physicians may want to proceed cautiously when considering delayed annuities with guaranteed withdrawal benefits.
What Great Financial Advisers and Physicians Have in Common
When attempting to find a great financial adviser, look for many of the qualities you would look for in a great physician.
Does a Simple IRA Make Sense for Your Medical Practice?
The 401K plan is the overwhelmingly popular choice of retirement plans for most medical practices. But some may want to consider the Simple IRA.
Physicians and Investments: An Often Overlooked Consideration
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?
Physician Finance: Determining How Much to Save, Spend
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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