PMD Staff

Credit cards are like a fire – they can keep you toasty or get you burned. If you’re a student, you can get ahead while minimizing credit debt before it gets out of hand with these student credit cards.

The idea of taking your planning out 10 years may seem, at best, overwhelming. But this type of projection is particularly important if you’re entering the later stages of your physician career, because the decisions you make now will have a big impact on how and when you retire.

Many retirement savers focus on the big things, and rightfully so. Where many of us lose our way is with what may seem like little things.

Studies suggest more than half of Americans are financially illiterate. One reason: Many people remain undiagnosed.

One might assume that physicians, largely considered “well-compensated,†would be immune from feelings of financial impotence. Not so.

The notion that workaholics see a sharp health decline upon retirement has become popular idea in recent years. A new study challenges the premise.

We know from many studies and our own personal experience that misinformation—including our own biases as investors—often negatively impact our financial behavior. But a new piece of academic research suggests that two very common retirement biases are significantly holding back retirement savers.

When choosing a financial advisor, there's more to consider than dollars and cents. You also need to think about whether your advisor's mindset aligns with your own.

Here's a look at our five most popular stories for the week that ended April 15.

In the final part of our four-part series on life insurance, we offer some final thoughts on the tricky decisions you must make as you purchase your policy.

In Part 3 of our series on questions you should ask your financial advisor, we look at how you should discuss the potential costs of your advisor's services.

A recent report found a continued gap in men’s and women’s salaries. Healthcare and insurance were among the worst industries in terms of gender pay inequity.

Here's a look at our five most popular stories form last week.

In this third article in our four-part series, we discuss how to choose between the different types of life insurance.

Living longer is unquestionably a good thing, and one that, as a physician, you’ve contributed to in some fashion. Just make sure the extra years are good, comfortable ones, with a savings plan designed to last a while.

In Part 2 of our series explaining questions you should ask potential financial advisors, we look at why it's important to have a full view of your advisor's areas of expertise, and of their limits.

Here's a look at our five most popular stories last week.

For those nearing retirement, though, the fears often narrow in scope but worsen in intensity. These are the Big 3 for near-retirees.

Earlier this month we gave you 20 questions you should ask a potential advisor. Now, in response to a reader request, we're delving into those questions to tell you why they matter and what answers you should expect.

The Department of Labor is updating the fiduciary standards that govern how financial professionals should treat customers. We look at what this might mean for you.

In this second part of our four part series, we explain the complex differences between different kinds of life insurance and discuss why purchasers need to understand them.

Here's a look at the five most popular stories on PMD last week.

Every day, physicians in every type of practice are presented with hard evidence about the one inescapable truth: sooner or later, we’re all going to die. One might think, then, that doctors would exceed the national averages for those who maintain life insurance policies. One would be wrong.

Target date funds are popular, no-hassle investment vehicles. However, investor error can sap their key strength.

Here's a look at the five most popular stories on PMD for the week that ended March 11.

Choosing a financial advisor is a huge decision and one you shouldn’t make without ample information. Here’s a link of critical questions to ask as you’re meeting with potential advisors.

Voluntary early retirement can be a blessing, but doing so can also come with some unexpected complications. Here are three to watch out for, and three solutions to avoid the pitfalls.

When saving for retirement, you'll undoubtedly run into a mix of solid and dubious advice. These myths could derail your goals.

As more Americans live longer and work later, more people are having to face the reality of required minimum distributions from their tax-deferred retirement vehicles. Here's what you need to know.

The rise of Donald Trump has been one of the biggest surprises in recent political history. We take a look at what the GOP frontrunner would change with regard to taxes and healthcare if his presidential bid succeeds.