Bill Schu

Most people are probably familiar with the concept of annuities. But did you know the products come in a variety of types and sub-types?

If you're nearing retirement, chances are you've begun to think long and hard about what you want to do in your post-employment years. If you're behind in your savings, consider these four strategies.

Don't think of your investments in terms of avoiding risks. Instead, think about how to manage that risk and use it to your advantage in your investments. Here are a few ways to do that.

A big part of your retirement planning is anticipating your expenses while in retirement. However, some potential expenses are more difficult to quantify than others. Here's a look at three items to watch out for.

Social Security was never meant to be the sole source of income for retirees, yet for many Americans it's an important source of funding during the retirement years. Here's a primer on the decisions you'll face when preparing to collect benefits.

When you decided to be a physician, you probably made a choice pretty early on in your academic pursuits: What type of physician do you want to be? When you begin investing, you should ask a similar question.

Student loans can feel like an albatross to physicians just starting their careers. These seven tips will help physicians hasten the demise of their debt burden.

Annuities follow similar basic paths, from accumulation to annuitization to payout. Here's a quick primer on the phases and what they mean for the annuity holder.

The complexities of annuities often cause would-be investors to ignore the opportunity. However, annuities offer some key advantages that investors ought to consider when planning for retirement.

Living the retirement of your dreams takes a lot of planning. It's not just about savings, but also about thinking long and hard about your expectations for retirement, and the costs associated with those expectations. Start with these three considerations.

Investing terms can be confusing, but that's not really the case with mutual funds. These funds offer a simple and diverse investing solution, but as with any investment, they come with pros and cons. Here's what you need to know.

Having a solid spending plan in place is great for managing your current cash flow, expenses, and investments, but it can be even better as a tool to help you with long-term savings. Here are 4 tips to help you start your budget.

Investments aren't static-and neither are you. Your financial situation may be different now than when you started investing, so it's important to take time each year to review your retirement plan.

When it comes to investing your money, many people think they know best. They're often very wrong.

Teaching your kids about money-early and often-is a part of preparing them for life and the many financial challenges they may face along the way. Introducing concepts a little bit at a time can make the subject less overwhelming.

Building wealth is important, and saving for retirement should always be top of mind when developing a saving and investing plan. However, the very first step to take before investing is to ensure you're insured against life's curveballs.

Technological advancements have had a profound impact on the practice of medicine, but they can also contribute to your overall financial health. Here are a few ways you can use tech to organize and optimize your finances.

For those that have the money available and the inclination, paying off a mortgage early or re-financing it might be the right strategy. Like most financial concerns, the ultimate decision will be highly personal. Here are some important questions to consider.

Recovery from the recession has been slow, but the Fed's decision to keep short-term rates low appears to be paying dividends now. Unemployment is down nationally, and other economic indicators are showing the potential for the next part of the economic cycle: a period of growth. The Fed is expected to raise short-term interest rates for the first time in nearly a decade.

Doctors ought to know better than anyone how late-in-life healthcare costs can deplete a person's retirement savings. Yet research suggests that, on average, physicians are just as unprepared for post-retirement healthcare costs as everyone else.

Things going well with the medical practice? Putting enough money aside for retirement? Paying down that medical school debt? Taking good care of the kids? Great! But… about those kids…

If you don‘t know a lot about investing and don‘t have a lot of time to devote to it, perhaps a lifecycle fund-also sometimes known as a target-date fund-is something you should look into.

No matter their purchasing power, many people turn to loans or withdrawals from a retirement plan to fund big purchases. Here are 4 of the reasons that's probably not a good idea.

You are a physician, and probably consider yourself an expert on spotting a scam. But if you do something newsworthy, you may find yourself surprised anew.