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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.
Asset Protection Advice for Single Physicians
Single physicians may want to take a different approach to asset protection than married physicians. Here's why and how.
How Physicians Can Get, and Stay, Wealthy: 4 Tips
I have been thinking about the several dozen families in my financial practice that are wealthy, and I have noticed some common themes.
Four Common Financial Blunders Physicians Make
Common types of financial trauma suffered by physicians, and my prescription for how to avoid them.
Four Insurance Coverage Tips for Doctors
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.
The Physician Financial Adviser's Hippocratic Oath
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?
College Costs: 3 Common Mistakes Physician Parents Make
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.
Physician Investing Mistake: Too Much Focus on Returns
Trying to compare your investment returns to any given benchmark can be misleading and lead you down the wrong path.
Why Physicians Should Not Put Assets in a Spouse's Name
High-income earners sometimes transfer substantial amounts of family assets to their nonworking spouses. Here's why this is a big mistake.
What Physicians Should Know About Irrevocable Trusts
The key difference between a revocable living trust and an irrevocable trust and when and why physicians should consider using them.
What Physicians Should Know About Living Trusts
Living trusts exist in almost every estate plan, yet their uses and meaning are vague to most. Here is some guidance.
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