Steven Podnos, MD, CFP

The jungle of financial service professionals is a dense one. Here's how to navigate your way out of danger.

There is a "big three" of financial planning that are musts for young physicians beginning their careers.

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

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

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.

Physician parents must continue to foster smart money skills in their children through the college years. Here are some tips.

The teenage years are a critical time for children to gain financial independence. Here's how physician parents can help.

Physicians should start fostering money skills in their children from a young age. Here are some techniques to try.

Physicians should take some special precautions if they expect a substantial inheritance. Here's why.

Although investment returns rarely are consistent year by year, we can make assumptions based on annualized returns over a period of many years.

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.

Physicians may want to think twice prior to purchasing dental insurance. Here's why.

Umbrella coverage is one of my first and strongest recommendations to physician clients. Here's why.

Although there are many ways to save for a child's college education, I recommend that my clients consider these two methods.

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.

One important skill that helped you become a physician can also help you become financially successful. Unfortunately, many forget it after residency.

Single physicians may want to take a different approach to asset protection than married physicians. Here's why and how.

I have been thinking about the several dozen families in my financial practice that are wealthy, and I have noticed some common themes.

Common types of financial trauma suffered by physicians, and my prescription for how to avoid them.

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.

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?

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.

Trying to compare your investment returns to any given benchmark can be misleading and lead you down the wrong path.