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

11 Reasons Why There Are Unnecessary Medical Visits
11 Reasons Why There Are Unnecessary Medical Visits
It is estimated that about a third of US sick care spending is due to waste or unnecessary medical interventions.
Zambia Offers the Perfect Combination of Adrenaline Rush and Quieter Thrills
Whether you're looking for an adrenaline-filled vacation or quieter times in the safari, Zambia, Africa is the place to be.
Average Physician Compensation Jumps 3.1%, But Salaries Aren't Thriving
The average physician compensation has increased by 3.1% in 2015 – following a 2.8% average increase in 2014.
Don't Skip Whale Watching If You're Visiting Canada
The Saguenay-St. Laurence Marine Park, Tadoussac, Canada, offers exciting whale watching within a two to three-hour drive of Québec City – and you don't want to miss it.
The Failure of The 401k
Last week, I talked about the pros and cons of how the “Greatest Generation” employees would spend their entire careers with the same company, because at retirement they would get a lifetime pension.
Top 5 Ways Yoga Helps Make Me a Millionaire
After a decade of hardly exercising, I decided to take care of my health at last. I started a 30 day yoga challenge, doing home yoga practice with YouTube instructor the same time I started recording “30 Day Mindful Financial Practice with Dr. Wise Money.”
Are You a Frugal Without a Cause?
When delayed gratification becomes indefinite gratification, you might be a Frugal Without a Cause.
How To Rewire
Expected retirement and actual age depends on income and education.
The PMD Critical List: The NFL's Top Physician Gets the Boot
A rheumatologist with the National Football League (NFL), who led a committee that repeatedly denied the football-concussion link, was reportedly forced to quit. That story tops this week’s PMD Critical List.

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