A financial question that surfaces frequently, usually from physicians ages 55 years and older, is: “When and how should my spouse and I take our Social Security benefits?” These types of questions recently got complicated with the recent passage of new legislation by the U.S. Congress.
Robert Freedland, MD, who works at Mayo Clinic Health System in La Crosse, Wis., is a stock market investor for the past 43 years.
The chief medical editor reflects on stocks, retirement and careers in research.
Understand exchange-traded funds and why you may want one.
Getting in and out of a mutual fund at the wrong time is generally accounted for by the psychology behind an investor's behavior.
The upheaval in our current economy is changing the ground rules for skillful handling of personal finances. Some of the time-honored methods for building and maintaining a secure financial future for you and your family need to be modified while today's unpredictable financial crisis runs its course. Here are seven tips from the experts that will help you to come out on top once the financial storm has abated.
Planning for retirement may seem like a daunting task, but physicians who have a good understanding of the basic instruments of investing—stocks and bonds—need not worry.
This column features responses to a reader's question about how a 529 savings plan works.
Q Could you explain whether it is generally better to take Social Security benefits at 62 or wait until 65 or even 70?
When considering whether to take advantage of this law, consult your financial planner.