Physician's Money Digest®

PMD is trusted online financial resource for physicians that covers topics in personal finance, investing, retirement planning, practice management, and lifestyle. PMD publishes daily news, advice, and columns from current and former MDs, financial advisors, and health care reporters.

Latest Headlines

The 7 Characteristics of a “Financially Prepared” Doctor
The 7 Characteristics of a “Financially Prepared” Doctor
It turns out that “having enough money to retire” is the top concern for today’s doctors (among all ages and specialties), according to the American Medical Association’s new 2016 Report on US Physicians' Financial Preparedness.
How to Bootstrap You Idea
Bioentrepreneurship requires persistence and ingenuity. It does not necessarily require a lot of money to conceptualize and sell your idea. Most early-stage companies are bootstrapped.
Is It OK to Pay Your Housekeeper in Cash? No, and Here's Why...
Many doctor families employee nannies and housekeepers, but you're taking a huge risk if you're not reporting correctly.
How to Find a Doctor Digital Health Job
Digital health physician entrepreneurs, serving either as cofounders, advisors, or members of the management team, are scarce. There are many reasons why, but the end result is failed or clinically ineffective digital health products and services. 
Top 5 Ways to Avoid Tax on Capital Gains & Dividends
Nothing is certain but death and taxes, although death may help you avoid some taxes. This, and 4 better strategies are discussed.
Wall Street to White Coat: Interview with Dr. Unger MD MBA
Wyatt Unger, M.D., M.B.A, is a 3rd year radiology resident at the University of Arizona. Wyatt earned a B.A in Economics from Northwestern University and an M.B.A. from the University of Arizona. Prior to pursuing a career in medicine, Wyatt has worked as an equity options market maker at the NYSE/ARCA options exchange and the Chicago Board Options Exchange (CBOE), as well as a proprietary equities trader at Great Point Capital. Wyatt has previously held Series 7, 55, and 63 certifications.
The Alemian File Episode #73: Who Will NOT Run Out of Money In Retirement
The number one financial concern for all Americans is having enough money to retire. Unfortunately, about 97% of Americans will run out of money in retirement if they live long enough.
Buying Happiness: How Giving Gets You (Not Just Intangible) Things
It turns out giving money may buy you happiness and, on average, make you more money in the process.

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