Podcasts by White Coat Investor Podcast

MtoM #87 - Flight Surgeon Building Wealth from 2022-10-10T06:30

You can still build wealth with a low 6 figure income. You will have to be a lot more deliberate about your finances but this doctor demonstrates how this can be done. Find more financial advice...

WCI #283: Preparing Financially for the Unexpected with Dr. Josh Daily from 2022-10-06T06:30

Our guest, Dr. Josh Daily, is a pediatric cardiologist who recently was diagnosed with a brain tumor. He wanted to share his experience of walking the path from diagnosis to healing. He shares h...

MtoM #86 - Multimillionaire OBGYN from 2022-10-03T06:30

This physician has reached an 8 figure net worth by paying off debt early and investing in himself with a surgery center. His advice is to not try to keep up with appearances, pay yourself first...

WCI #282: Fiduciary Financial Advisors from 2022-09-29T06:30

In this episode Dr Dahle talks about fiduciaries and financial advisors. The best way to think of the word fiduciary is to think of it as a person that puts your needs ahead of their needs. Ther...

MtoM #85 - Nurse Practitioner Millionaire from 2022-09-26T06:30

Training yourself to not be a spender is the way to build wealth.This nurse practitioner excelled at it. Everyone says they want to be a millionaire but what they really want to do is spend a mi...

WCI #281: Physician Entrepreneurism and Venture Capital With Dr. John Shufeldt from 2022-09-22T06:30

This episode Dr. Dahle interviews Dr. John Shufeldt. He has had a pretty remarkable career in entrepreneurship. Dr. Shufeldt talks to us about physicians being entrepreneurs and the life cycle o...

MtoM #84 - Primary Care Doc Gets Back to Broke from 2022-09-19T06:30

This doctor shows that you can be successful in primary care even with a large loan burden. You can do it in a lot of different ways. All you have to do is become financially literate, have some...

WCI #280: Asset Allocation, International Stocks, Bonds, Small and Mid-Cap Value Factors from 2022-09-15T06:30

This episode Dr. Dahle talks about asset allocation. We discuss if your asset allocation should ever change and specifically if it should change in retirement or after you are financially indepe...

MtoM #83 - Anesthesiologist Gets Back to Broke from 2022-09-12T06:30

This doctor really got back to broke over just one year after having a negative $410K net worth. Take the power of that first year out of training and use it to build wealth. Living like a resid...

WCI #279: Roth Options and Questions from 2022-09-08T06:30

This episode we dive deep into all things Roth. We give a general review of what Roth is and then answer your questions about the backdoor Roth, different Roth accounts, when the backdoor proces...

MtoM #82 - Gynecologist Gets Back to Broke from 2022-09-05T06:30

This physician had a swing of about $600K in net worth in 2.5 years, basically on one attending and one resident income. Have a financial plan. It works. Dedicating a big chunk of your income to...

WCI #278: Recession Proof Investments from 2022-09-01T06:30

Is there such a thing as a recession proof investment? Many listeners are wondering this and asking questions about what to do right now. We don’t like the phrase recession proof investment. It ...

MtoM #81 - Orthodontist Pays Off $540K In 4 Years from 2022-08-29T06:30

Dr. Spath interviews this orthodontist who paid off $540K in loans while living in a high cost of living area by refinancing to a lower rate and living below her means. It was easier than she th...

WCI #277: Nonclinical Work for Physicians from 2022-08-25T06:30

This episode Dr. Dahle talks about ways for physicians to make some money outside of their typical clinical work. Whether you are looking to put your medical education to work in a side gig or r...

MtoM #80 - Dual Physician Couple Pays off Loans and Becomes Millionaires from 2022-08-22T06:30

This hospitalist and family medicine doctors are 7 years out of training. Already they have paid off $550K in school loans, $50K in credit card debt and reached millionaire status, practicing mo...

WCI #276: 529s, I bonds, TIPS, S Corps, ETFs and 403(b)s from 2022-08-18T06:30

This episode Dr. Dahle covers a variety of your questions. We talk about when it is worth passing cash through a 529 account and if you should use 529s to fund K-12 educations. We talk about how...

MtoM #79 - Pilot Gets Back to Broke from 2022-08-15T06:30

This airline pilot has a net worth of $50K having paid off $78K in flight school loans, 2.5 years out of training. His income has only been $28K- $110K/year. His secrets to success? Working real...

WCI #275: The Buy, Borrow, and Die Strategy from 2022-08-11T06:30

In this episode Dr. Dahle discusses the buy, borrow, and die strategy.The basic idea is that it might be better to pay interest than it is to pay capital gains. We also answer a big variety of y...

MtoM #78 - Oncologist Multimillionaire from 2022-08-08T06:30

If you save enough, you really can save yourself to financial independence. This guest was not a big spender and still has a lot of her money in cash. She has now left her clinical work and is f...

WCI #274: Setting Up Your Portfolio 101 from 2022-08-04T06:30

In this episode Dr. Dahle reviews the basics of how to set up your portfolio. This can feel like a big and overwhelming job at the front end, but if you follow some basic steps you will see ther...

MtoM #77 - Radiology Resident Gets Back to Broke from 2022-08-01T06:30

Back to broke, the first milestone! This resident has a positive net worth of $25k and is very excited to be back to broke. As a couple they learned to live off one income and use the other inco...

WCI #273: Tax Credits and Passive vs. Actively Managed Funds from 2022-07-28T06:30

In this episode Dr. Dahle discusses tax credits, foreign tax credits, insurance tax code changes and how a 7702 is not something we are excited about at WCI. We talk about Roth conversions durin...

MtoM #76 - Naturopathic Medicine Physician is Back to Broke from 2022-07-25T06:30

6 years out of training this doctor is back to broke! With an income range between $100K- $200K, what helped her the most was bargaining hard for more pay. Increasing your income can speed you u...

WCI #272: Father and Son Physician Duo Does Direct Real Estate from 2022-07-21T06:30

In this episode Dr. Dahle interviews a father and son physician duo. The father began a direct real estate business as he built his medical practice and used the real estate to teach his childre...

MtoM #75 - Postdoc Pays Off High Interest Debt from 2022-07-18T06:30

After not matching and doing a year postdoc before now being accepted into anesthesiology residency, this doctor accumulated $26K in credit card debt, mostly for the payment of his wedding. We c...

WCI #271: Physician Online Advocacy with KevinMD from 2022-07-14T06:30

We have a special guest on the podcast this episode, Kevin Pho, who you probably know better as KevinMD, social media's leading physician voice. We will be talking about a lot of different subje...

MtoM #74 - Urologist Millionaire from 2022-07-11T06:30

Four years out of training this urologist had paid off $320K in student loans and reached millionaire status. Making a budget and focusing on paying off debt can offer tangible early victories t...

WCI #270: Tax-Loss Harvesting, Mortgages, Side Gigs and More! from 2022-07-07T06:30

No surprise, when markets go down people start wondering about tax-loss harvesting. The markets are down over 24% on the year and it can really feel like a bad time to be an investor. We want yo...

MtoM #73 - Radiologist Pays Off Student Loans from 2022-07-04T06:30

Radiologist pays off $75K. That may not seem like a lot. But he shares some great advice from his journey to being debt free, recognizing the sacrifice of his spouse in frugality and his parents...

WCI #269: Infertility Among Doctors from 2022-06-30T06:30

Jim and Disha interview two women physicians on the podcast to enlighten us about all things financial in relation to fertility treatments, which is a huge issue among physicians. They explain f...

MtoM #72 - Electrical Engineer Millionaire from 2022-06-27T06:30

Financial success isn’t complicated. It is straightforward but it isn’t necessarily easy. This young engineer is a great example that you don’t have to be a doctor to be wealthy. Having an inter...

WCI #268: When Is It Time to Stop Being Cheap? from 2022-06-23T06:30

In this episode we talk about when it is time to stop being so cheap and when to loosen the purse strings. For those...

MtoM #71 - Neurologist Millionaire from 2022-06-20T06:30

Dr. Dahle interviews this neurologist who graduated debt-free, matched into Neurology, made twice as much as the average neurologist, and is now, 8 years out of residency, cutting back to 7 days...

WCI #267: Non Food Franchising from 2022-06-16T06:30

Dr. Jim Dahle interviews our guest on this episode, Jon Ostenson. He is a very successful franchise broker. He specializes in an area that he calls non-food franchising. You're probably familiar...

MtoM #70 - Academic Pharmacist Millionaire from 2022-06-13T06:30

This pharmacist couple has a net worth of $1.6 million. Most of what they’ve made in the last 10 years, they still have!  Live below your means, have a plan, and automate your finances. Here are...

WCI #266: Employer Health Insurance Plans: PPO vs. HDHP from 2022-06-09T06:30

This episode Dr. Dahle and Dr. Spath answer questions about health insurance. They talk about PPOs vs. HDHP plans. They discuss the difference between co-pays and out-of-pocket maximums. They cover...

MtoM #69 - Graduating Medical School Debt Free from 2022-06-06T06:30

Dr. Spath interviews a dermatology resident in this episode who finished medical school with zero debt. It is quite an inspiring story.  She had a financial plan and a budget, she lived below he...

WCI #265: Physician on FIRE Q&A from 2022-06-02T06:30

This week is Fire Week at the White Coat Investor. Our episode is hosted by the Physician on Fire, Leif Dahleen. He will answer your questions about health insurance, giving to charity, savings ...

MtoM #68 - Surgeon Builds Wealth By Living Like a Resident from 2022-05-30T06:30

This surgeon got back to broke 18 months out of residency.  They continued to live like a resident, even living in their residency home. They went from $370K in debt to now $170K net worth. Maxe...

WCI #264: Interest Rates, Inflation, and I Bonds from 2022-05-26T06:30

In this episode Jim Dahle answers your questions about interest rates, inflation, I bonds, where to put that money you are saving for a downpayment, student loan forbearance with IBR, investing ...

MtoM #67 - Family Doc Pays Off $184K from 2022-05-23T06:30

This family doc paid of $184K+ in 3.5 years. Starting her financial education as an MS4 and continuing into residency, she had the confidence she was doing the right thing and just needed to keep c...

WCI #263: Investing in Crypto-Assets with Hedge Fund Manager, Jeff Ross MD, MBA from 2022-05-19T06:30

In this episode Dr. Dahle interviews a pretty unusual guest for WCI. Readers and listeners have emailed requesting that we get him on the podcast and we thought it would be an interesting conver...

MtoM #66 - Living Like a Resident Really Works from 2022-05-16T06:30

This Professor in palliative medicine and physical therapist spouse paid off $339K in 3 years by living like a resident (https:/...

WCI #262: Kids (and Engagement Rings) Are Expensive! And What Is the Future of WCI? from 2022-05-12T06:30

In this episode we discuss the cold hard truth that kids are just really, really expensive. Childcare is one of those things that can be complicated and expensive. We review some options for chi...

MtoM #65 - Family Doc Achieves $0 Net Worth from 2022-05-09T06:30

This Canadian family doc and her social worker partner applied to be a guest on the show when they achieved $0 net worth. But since applying they paid off all their student loans. They’ve had a sav...

WCI #261: The Only Investment Guide You'll Ever Need With Andrew Tobias from 2022-05-05T06:30

This episode we interview Andrew Tobias, the author of The Only Investment Guide You'll Ever Need, which has sold over a million copies and was influential in our financial education. We discuss...

MtoM #64 - Back to Broke from 2022-05-02T06:30

6 months of practicing after leaving residency, this internal medicine doctor is back to broke. Start early and invest your time in educating yourself. Don’t be afraid of unique opportunities th...

WCI #260: Self Employed Retirement Accounts Q&A from 2022-04-28T06:30

In this episode we answer your questions about self-employed retirement plans. If you are self-employed, open a solo/individual 401(k). If you make a lot of money, you might consider a personal ...

MtoM #63 - Chemical Engineer Millionaire from 2022-04-25T06:30

This chemical engineer reached millionaire status just 7 years after completing his undergrad degree.  Don’t worry about keeping up with the Joneses. Take advantage of all the benefits offered b...

WCI #259: Doctors Who Become Disabled from 2022-04-21T06:30

Two doctors who became disabled relatively early in their careers and had to learn to navigate the disability insurance world, while dealing with very difficult circumstances, join our podcast i...

MtoM #62 - EM Resident Gets Back to Broke from 2022-04-18T06:30

This resident made a decision to let the student loan debt ride and offset it with building assets. That has helped him get back to broke. He has taken his financial knowledge and is paying it f...

WCI #258: How to Set Up a Budget, and Why It Can Be So Valuable from 2022-04-14T06:30

Budgeting is simply a plan of what your money needs to do. It helps align your spending with what you value so you can achieve your financial goals. Despite what it might feel like, budgeting ac...

MtoM #61 - Anesthesiologist Gets PSLF and Becomes a Millionaire from 2022-04-11T06:30

This anesthesiologist shares his experience finally getting PSLF after getting rejected multiple times and having to file a complaint with the consumer financial protection bureau. Here is what ...

WCI #257: PSLF, ETFs, and FSAs from 2022-04-07T06:30

This episode we talk about FSA funds, ETFs, limit orders, and market orders. We discuss the pros and cons of living off of loans or living off of savings during medical school. We once again sha...

MtoM #60 - Captain Pays off $269K in 2 Years from 2022-04-04T06:30

Captain Dan shows that what we have been preaching works. Get a good job, throw a bunch of money at the student loans and they go away. Then that frees up your income to do other things to build we...

WCI #256: Common Sense Investing with Rick Van Ness from 2022-03-31T06:30

This episode we interview prominent Boglehead published author Rick Van Ness. Rick has made a career of teaching financial literacy to the world. We review his ten principles for common sense in...

MtoM #59 - Resident with 100K in Assets from 2022-03-28T06:30

This primary care physician achieved 100K in assets less than 6 months after residency.  Developing a written financial plan early, budgeting, and tracking his goals help this physician get a great...

WCI #255: Answering Your Questions About 401(k)s And How To Manage Them from 2022-03-24T06:30

This episode we answer all your questions about 401(k)s. We cover questions about IRA rollovers, the mega backdoor Roth, how to manage a 401(k) with your side hustle and so much more.  See full ...

MtoM #58 - Physician Assistant Millionaire from 2022-03-21T06:30

Everyone’s pathway is a little bit different. Short term rentals were responsible for a huge portion of this guest’s success. They used a fair amount of leverage in a very opportune time in the ...

WCI #254: Afford Anything with Paula Pant from 2022-03-17T06:30

Our special guest this episode is Paula Pant, of Afford Anything. Some of you may know from her work in the FIRE community where is a prominent personal finance blogger and podcaster. We talk ab...

MtoM #57 - Orthopedic Surgeon Sells Practice Early in Career from 2022-03-14T07:30

This interview illustrates a different path to wealth than we normally discuss. Just a few years out of training, this physician sold his practice to private equity which gave him cash but also ...

WCI #253: What to Do with Extra Money and Life After Covid from 2022-03-10T07:30:38

In this episode we cover an array of topics from what to do with extra income to locums to what to do when you fire your financial advisor. We go through some of the interesting results we got f...

MtoM #56 - Decamillionaire Doctors from 2022-03-07T07:30

We have two special guests on this episode that have been great financial educators among physicians for years! We have had many WCI readers tell us what a difference they have made in their fin...

WCI #252: Real Estate Q&A with Passive Income MD's Peter Kim from 2022-03-03T07:30

Peter Kim from Passive Income MD takes over the podcast to answer your questions about real estate this episode. He covers real estate syndications, Class B catch up contributions, rental income...

MtoM #55 - Pediatrician Reaches Financial Independence from 2022-02-28T07:30

This pediatrician has an amazing story. 2 lessons we can learn from her. One, despite having a great income as a pediatrician she still found herself with 5 car loans! But even with not starting...

WCI #251: How to Fix the Retirement Account System from 2022-02-24T07:30

A listener asked, "how would you reset the whole retirement account system in this country to make more sense for both the government and the citizens?" In this episode we dive into what changes...

MtoM #54 - WCI Ambassador Reaches Millionaire Status from 2022-02-21T07:30

Our new ambassador, Dr. Disha Spath, joins us in this episode to celebrate her new status as a millionaire! 2 years out of training, after inflating their lifestyle, they started paying attentio...

WCI #250: Marriage, Kids, and Finances from 2022-02-17T07:30

Dr. Disha Spath is hosting with us again this week! Together we answer questions about marriage, family and finances. We talk about merging finances when you get married, 529 and UTMA accounts, ...

MtoM #53 - Dentist Reaches Financial Independence from 2022-02-14T07:30

There is value in persistence. Even if you do not have the highest income, if you persistently save a significant percentage of it and invest it in a reasonable way, eventually it grows to be quite...

WCI #249: What To Do With Old Retirement Accounts Q&A from 2022-02-10T07:30

In this episode we answer your questions about old retirement accounts. What do you do with those accounts? How do you move an old 401(k) to a different custodian? Where do you save if your new ...

MtoM #52 - Multimillionaires 5 yrs Post Residency from 2022-02-07T07:30

Put your nose to the grindstone at the beginning and reap the benefits. This dual career couple had the income to make a difference quickly. To keep their relationship solid while they were busy...

WCI #248: Veterinarians and Their Finances from 2022-02-03T07:30:01

Dr. Hofmeister, our guest this episode, talks about veterinary medicine as well as the finances of veterinarians and really give us some insight into those who are physicians, but not human phys...

MtoM #51 - Neonatologist Finds Financial Freedom from 2022-01-31T07:30

This neonatologist and internist couple reach financial freedom just 4.5 years out of training.  It is always great to marry another high income professional. There are challenges for sure but t...

WCI #247: Bonds and Tax Loss Harvesting from 2022-01-27T07:30:01

This episode is all about bonds and tax-loss harvesting https://www.whitecoatinvestor.com/tax-loss-harvesting/. We get into ...

MtoM #50 - Orthopaedic Surgeon Pays Off All of His Debt in 6 years from 2022-01-24T07:30

This story demonstrates just what can be done with income. This doctor grabbed the bull by the horns, opened his own practice and became very successful. Have you thought about opening your own ...

WCI #246: Early Retirement Now from 2022-01-20T07:30

Our guest in this episode is Dr. Karsten. He's the mind behind the Early Retirement Now blog. He completed a PhD in economics, worked for the Federal Reserve for a while and taught economics. He...

MtoM #49 - EM Doc Pays Off Loans and Reaches $250K Net Worth from 2022-01-17T07:30

We love that doctors are passing around this financial information from one to another. Be smart about how you manage your money and pass this information on to your peers. If we will give this ...

WCI #245: The Backdoor Roth Lives On from 2022-01-13T07:30

Today we discuss what happened in Congress and how, for now at least, the backdoor Roth lives on. You can proceed with your contributions as planned. Check out our tutorial to see how: Listen

MtoM #48 - Family Docs Pay Off $570K from 2022-01-10T07:30

This family doc couple took nine years to pay off $570K. They had far more than average debt and lower than average salaries. They’ve invested along the way so they are not starting from scratch...

WCI #244: The Finances of Professional Cyclists from 2022-01-06T07:30

Our special guest today is Toms Skujiņš. Toms is a professional cyclist, an avid podcast listener and a White Coat Investor. Toms races at the highest level and is currently the best cyclist in ...

MtoM #47 - Millionaire Military Officer from 2022-01-03T07:30

From this millionaire military officer we learn the importance of being consistent and having a plan. Follow the plan. As long as it is reasonable, you will be successful. It can be simple. No n...

WCI #243: Annuities, Securities, and The Three Fund Portfolio from 2021-12-30T07:30

This episode we discuss annuities, securities, and the three-fund portfolio. But we are also reaching the end of the year, which means it's time to take an assessment of how you did this year. C...

MtoM #46 - Dual Physician Millionaires from 2021-12-27T07:30

We can learn several lessons from this dual doctor couple. The first two years they had no savings as they had no financial education. Having a child motivated them to be more intentional about ...

WCI #242: Avoiding Debt and Giving Back With Michelle Singletary from 2021-12-23T07:30

Our guest in this episode, Michelle Singletary, is a personal finance columnist for the Washington Post. Her award-winning column “The Color of Money” appears twice a week in dozens of newspaper...

MtoM #45 - Pediatrician Pays off $185K in 3.5 years from 2021-12-20T07:30

Renting a less comfortable home than they would have preferred, this couple focused on crushing their student loans. Not being big spenders helped accomplish this goal. Their net worth may have ...

WCI #241: Retirement Account Q&A from 2021-12-16T07:30

This episode is all about retirement accounts. We are answering your questions regarding TSPs, what to do with old retirement accounts, how to set up retirement accounts, Roth conversions, Backd...

MtoM #44 - Back to Broke Oncologist from 2021-12-13T07:30

We are celebrating this oncologist who got back to broke 6 months out of training. He went from a net worth of $-128K to $+210K net worth in 1.5 years. Getting back to broke as a physician is a ...

WCI #240: Asset Allocation Q&A from 2021-12-09T07:30

Today we answer your questions about asset allocation. We start off with some basic principles that everyone should understand and then dive into more specific questions. We discuss what glide p...

MtoM #43 - Doc Dumps Whole Life Policy And Becomes Millionaire from 2021-12-06T07:30

This doctor followed advice of WCI to navigate complexities of a 1035 exchange, and recovered from many poor insurance products he was sold. Only 2 years after becoming financially literate he r...

WCI #239: Contract Negotiation and Student Loans from 2021-12-02T07:30

Today we are answering questions about contract negotiation. It is important to know what parts of a contract you can negotiate and when you likely won't have any control over your contract. It ...

MtoM #42 - Back to Broke as a Resident from 2021-11-29T07:30

This second year anesthesiologist resident and nurse partner are already back to broke. With a salary of $90K they have been investing and paying off debt. What are their secrets to success? Bei...

WCI #238: 2021 Financial Book Reviews from 2021-11-25T07:30

Every year we are sent a big stack of books that people want us to read and review on the blog or the podcast. This week at WCI is Continuing Financial Education week and we want to recommend a ...

MtoM #41 - Pediatrician pays off $300K in 3 years from 2021-11-22T07:30

In 3 years this pediatrician paid off $300K in loans with a 200K income. Motivated to get their schooling paid off so they could start saving for their children’s college education. They paused ...

WCI #237: How to Reduce your Investment Taxes from 2021-11-18T07:30

This episode we are answering questions about investment taxes. There are several things that you can do to reduce your investment taxes including the use of retirement accounts and buying and h...

MtoM #40 - Dual Family Doctor Couple pays off $400K+ in 3 years from 2021-11-15T07:30

Following the outline for financial priorities in the WCI book, this couple was able to invest while paying off the debt for Brad’s medical school. Racquel used the National Health Service Corps...

WCI #236: Interview with Jaspreet Singh of the Minority Mindset from 2021-11-11T07:30

Jaspreet Singh is the creator of The Minority Mindset. We were introduced to him recently at a conference called FinCon that was for produ...

MtoM #39 - Buying a Car with Cash from 2021-11-08T07:30

Our guest is a general dentist three years out of training. He has hit a couple of milestones, back to broke and a six figure net worth. But he came on the podcast today to celebrate buying a ca...

WCI #235: Pay Off Debt or Invest? from 2021-11-04T06:30

Today we are talking about whether it is better to pay off debt or invest. Like most financial questions the answer is, it depends. Read more at Listen

MtoM #38 - Dentist Achieves $0 Net Worth from 2021-11-01T06:30

This dentist just recently got back to broke! He finished training with a net worth of negative $510K. 5 years later they have reached a net worth of $40K. Consistently chipping away at your deb...

WCI #234: Roth Q&A: 401ks, Conversions, and What if the Backdoor Goes Away? from 2021-10-28T06:30

This episode we answer all of your questions about Roth accounts. We talk a lot about retirement accounts and answer questions about Roth 401(k)s, the mega backdoor Roth, Roth conversions, backd...

MtoM #37 - The Veterinarian Millionaires from 2021-10-25T06:30

This dual couple veterinarians, 7.5 years out of training, have a $2-4 million net worth depending on how you value their practice. They attributed their success to targeting debt aggressively a...

WCI #233: Insurance Q&A from 2021-10-21T06:30

This episode we are answering all of your questions about insurance. We discuss group universal life insurance and go over the reasons that it is very likely you don't need or want it. We cover ...

MtoM #36 - Psychiatrist Real Estate Investor Multimillionaire from 2021-10-18T06:30

Elaine is only one year out of her training as a psychiatrist with a 7.5 million net worth all in real estate investments and cash. She valued financial education from a young age and started in...

WCI #232: Investing Q&A - The Dragon Portfolio, 457(b)s, 403(b)s And Individual Stocks from 2021-10-14T06:30

We have had a lot of questions about investing coming in lately, so today we have put all of those questions into one big Q&A podcast. We talk about the value of investing in a 457(b) versus a t...

MtoM #35 - The Attorney Millionaire from 2021-10-11T06:30

Dual attorney couple at 3.3 million net worth 8 years out of school. Their tips to success? Start early, contribute steadily, and avoid lifestyle inflation. Let the stock market do the work for ...

WCI #231: How Much Homeowners Insurance Do I Need? from 2021-10-07T06:30

We have had a lot of listeners request information on my homeowners insurance policy. After a large home renovation we had to make some pretty big changes to our policy. It is critical to know w...

MtoM #34 - PSLF Forgiveness and Millionaires! from 2021-10-04T06:30

Out of school they owed $178K, paid $20-30K off over the next 10 years, and had the rest forgiven. Be diligent, make sure you track each payment. Getting those loans forgiven gave them a signifi...

WCI #230: Congress Proposes New Tax Bill Impacting High Earners from 2021-09-30T06:30

There are potential big changes coming up as a new tax bill is working its way through Congress. While there are sure to be many changes to the proposed bill before it becomes law we wanted to d...

MtoM #33 - Millionaire Podiatrist from 2021-09-27T06:30

Our first podiatrist on the Milestones podcast! In 8 years they paid off around a million dollars in debt between his student loans and a business loan. With a salary range from $85K to $500K+ h...

WCI #229: Retirement Accounts Q&A from 2021-09-23T06:30

In this week's episode we are taking listener questions regarding retirement accounts. We talk about 403(a), 403(b), and 457(b) accounts and what the maximum contributions for those are. We cove...

MtoM #32 - Pediatric Cardiac Intensivist Gets PSLF from 2021-09-20T06:30

Jennifer did a 4 year residency, 3 year fellowship, 1 additional training year as a pediatric cardiac intensivist, and then no payments required due to the pandemic. This all made PSLF worked ou...

WCI #228: Charitable Giving: DAFs vs CRTs vs Private Family Foundation from 2021-09-16T06:30

In this episode we discuss charitable giving and dive into donor advised funds (DAFs), versus Charitable Remainder Trusts (CRTs) and private family foundations. We break down what each of these ...

MtoM #31 - Millionaire Dentist from 2021-09-13T06:30

As this dentist demonstrated, owning your own practice pays off. Everything extra comes to you. Save and invest that extra and you’ll be a multimillionaire. If you’ve been thinking about startin...

WCI #227: Starting a Medical Practice from 2021-09-09T06:30

When you own your practice, you're able to give better care, have more control and less burnout over your professional life. In general, you make more money too. So, it is mostly all positive, a...

MtoM #30 - Nurse Practitioner Multimillionaire from 2021-09-06T06:30

If you have a high savings rate and invest conservatively, it won't take long to accumulate a high net worth. From this nurse practitioner's experience we learn not to put a cap on what you thin...

WCI #226: The State of Physician Financial Literacy from 2021-09-02T06:30

How financially literate are physicians? White Coat Investor just celebrated our 10 year anniversary of providing personal finance and investing information to our colleagues. How have we done? ...

MtoM #29 - Teacher and Doctor Become Millionaires in 5 years from 2021-08-30T06:30

Elizabeth is 5 years out of training after doing a MD/PhD. Her teacher husband and her left training with a net worth of 650K+ and have since grown that into 2 million. Real Estate has definitel...

WCI #225: Q&A - Single Income Docs, Insuring Jewelry, Best Time of Year to Retire, Over Saving in a 529 from 2021-08-26T06:30

We answer questions for every stage of doctor in this episode. For those starting out we talk about scholarships vs contracts to pay for your medical school before we dive into the extended stud...

MtoM #28 - EM Doc Pays off $180K in 3 years from 2021-08-23T06:30

Jon wanted to crush that debt so they could move on to other financial goals. Continue living like a resident, you are already used to it. Hardest thing is avoiding temptation. It is simple but ...

WCI #224: Q&A- Actively Managed Funds, Savings Rates, Social Index Funds and Home Prices from 2021-08-19T06:30

Would the White Coat Investor exist if I had only interacted with good financial professionals, and not multiple ones that ripped us off and caused me to educate myself and take control of our f...

MtoM #27 - Academic Endocrinologist Millionaire from 2021-08-16T06:30

This academic endocrinologist follows the WCI advice and reaches millionaire status 3 years and 9 months out of training. How did they do it? They had a written financial plan and automated thei...

WCI #223: Understanding Cash Balance Plans from 2021-08-12T06:30

A defined benefit cash balance plan https://www.whitecoatinvestor.com/cash-balance-pla...

MtoM #26 - Orthodontist Pays off $480K from 2021-08-09T06:30

This orthodontist thought about the student loan debt every day until it was paid off. Each year it became less stressful as they made progress and started to see that they could really do it. B...

WCI #222: Car insurance: How much do you need? from 2021-08-05T06:30

Get out your car insurance policy and let's go over it to make sure you have the important things covered. Do you need comprehensive or just collision coverage? How much coverage do you need for...

MtoM #25 - Psychiatrist Millionaire from 2021-08-02T06:30

This psychiatrist has a net worth of 2 million dollars, 7 years out of training, despite living paycheck to paycheck with her 6 figure income, until a friend encouraged her financial education a...

WCI #221: Beating the New Death Tax with James Lange from 2021-07-29T06:30

James Lange is a nationally recognized IRA, a 401(k) and retirement plan distribution expert, and the president and founder of the Roth IRA Institute, which helps financial professionals and IRA...

MtoM #24 - Hospitalist and Obesity Medicine Physician Pays off $156K in 5 years from 2021-07-26T06:30

Jeremiah took a balanced approach to his student loan debt. With a high savings rate you can pay off your loans and invest along the way. Resulted in him being debt free and having a seven figur...

WCI #220: Financial Priorities as a New Resident from 2021-07-22T06:30

The point of residency is to learn how to be a good doctor. It's not to try to get rich. But for new residents there are a few financial chores you need to take care of during residency. Don't d...

MtoM #23 - First Generation Millionaire Physician from 2021-07-19T06:30

After graduating from medical school in India, this primary critical care physician lived like a resident with a high savings rate and low cost investments. He reached millionaire status in 7 ye...

WCI #219: Financial Priorities as a New Attending from 2021-07-15T06:30

Becoming a new attending is a complicated time in your financial life. That first year out of training is probably the most important year of your financial life. What you do with your financial...

MtoM #22 - Family Doc Pays Off $230K in 6 years from 2021-07-12T06:30

It took this doctor 6 years to pay off her student loan debt because she muddled around for awhile before getting tired of the loans and getting more aggressive, throwing $3-4K a month at them. ...

WCI #218: How Much Car Can You Afford? from 2021-07-08T06:30

"Average Joe" is frequently poor because of his car. For most middle-class Americans, the reason they are not millionaires is sitting in the driveway. It is a really important concept to underst...

MtoM #21 - Doctor and Nurse Become Millionaires in 5 years from 2021-07-05T06:30

This couple went from -187K to 1.2 million in 5 years. Their key to success? Budgeting software, You Need a Budget, and following it to a T. In this episode they discuss how they got the relucta...

WCI #217: Practicing Medicine in India from 2021-07-01T06:30

We have done episodes about what it is like to practice medicine in England, Australia, and Venezuela. Next up is India. With Dr. Raja we discuss what it is like to live in, attend medical schoo...

MtoM #20 - Psy-Fi MD Millionaire from 2021-06-28T06:30

This doctor couple went from -500K to millionaire status in 9 years with an income ranging from $200-$500K. What makes this episode different is that one of them became disabled during that time...

WCI #216: Gold Bullion, Subway Franchises, Taxes, and Divorce from 2021-06-24T06:30

In this episode we answer your questions ranging from gold bullion to Subway franchises. With questions about 401(k)s, UGMA accounts, withholding taxes in retirement, and domestic vs internation...

MtoM #19 - Millionaire Status in 5 Years from 2021-06-21T06:30

A very familiar story in this episode as our guests are an EM doc and teacher turned stay at home mom, very similar to the WCI and Mrs WCI. It took them 5 years to reach millionaire status, goin...

WCI #215: Calculating ROI, Dollar Cost Averaging vs. Lump Sum, UTMA Accounts&TIPS from 2021-06-17T06:30

This podcast is all about you and what you want to talk about. Today it is investments. How to calculate return on investment? What is the best way to use a UTMA account? Why shouldn't you go 10...

MtoM #18 - Cancer Researcher pays off $130K from 2021-06-14T06:30

After finding White Coat Investor 2 years ago, this physician has felt freed by this continuing financial education. Her debt was an emotional burden. Paying off her student loans felt like a hu...

MtoM #18 - Cancer Researcher pays off $130K from 2021-06-14T06:30

After finding White Coat Investor 2 years ago, this physician has felt freed by this continuing financial education. Her debt was an emotional burden. Paying off her student loans felt like a hu...

WCI #214: Will Student Loans Be Forgiven? from 2021-06-10T06:30

Student loans have been on the back burner for the last year or so, as borrowers have enjoyed 0% interest on their federal loans. There has been lots of talk in Congress about loan forgiveness a...

MtoM #17 - Nurse Practitioner and Pharmacist Millionaires from 2021-06-07T06:30

$1.2 million change in net worth in the last 6 years with a salary typically less than $200K. This couple reached millionaire status without ever feeling deprived. Find what a rich life feels li...

WCI #213: Rules and Options for Managing Inherited Retirement Accounts from 2021-06-03T06:30

If you inherited retirement accounts or anticipate leaving retirement accounts to your heirs, it is important to understand the rules and options for managing those retirement accounts. This wil...

MtoM #16 - Paid off $260K in 2 years from 2021-05-31T06:30

A urologist paid off $260K in 2 years. Making a plan ahead of time to pay off your loans helps you make decisions about where to live and what job to take, to meet your goals. When he came out o...

WCI #212: How to be a Coffeehouse Investor with Bill Schultheis from 2021-05-27T06:30

In 1998, Bill Schultheis wrote a simple investment book for people who felt overwhelmed by the market. The Coffeehouse Investor inspires readers to follow a low stress way to financial security....

MtoM #15 - Financially Independent Military Periodontist from 2021-05-24T06:30

In this episode we celebrate Casey achieving financial independence relatively early on a military salary that ranged from $75-260K/year. He has a $1.5 million net worth plus a pension providing...

WCI #211: Late Start Retirement Savings from 2021-05-20T06:30

Feeling like you are late to starting your retirement savings is a common sentiment. People are not generally as far behind as they think. Second career doctors have already taken care of some t...

MtoM #14 - Optometrist Pays off 229K in 26 Months from 2021-05-17T06:30

Optometrist and Vets seem to have the worst debt to income ratios. But this optometrist developed a hatred for his lenders and crushed his debt. Though he waited too long to refinance, he finall...

WCI #210: How to Survive and Thrive as a Divorced Doctor from 2021-05-13T06:30

25% of physicians will experience divorce. We get questions on the podcast and blog from doctors going through divorce frequently but we have little experience with it. People want answers from ...

MtoM #13 - Millionaire Internal Medicine Doctor from 2021-05-10T06:30

Teresa and her husband made a plan to live off one income. In 5 years post training they were able to reach millionaire status. There are many roads to reaching a net worth of a million dollars....

WCI #209: Travel Hacking with Physician on Fire from 2021-05-06T06:30

For FIRE week on the White Coat Investor podcast, we have a guest host, Physician on Fire https://www.physicianonfire.com/credit-cards/ Listen

MtoM #12 - Financially Independent by 31 from 2021-05-03T06:30

The lower you keep your expenses, the less you need for financial independence, and the quicker you can reach that state. Matt was able to reach financial independence by the age of 31 with a hi...

WCI #208: Annuities and Cash Secured Puts in Low Yield Times from 2021-04-29T06:30

In light of current interest rates and bond yields, should you change your investment strategy? People are wanting to do lots of different things to chase higher yields and most of them are bad ...

MtoM #11 - $145K Paid Off in 6 Months from 2021-04-26T06:30

Dr. Asad’s hyper focus on paying off his student loan debt and living like a resident after residency, enabled him pay off his debt only 6 months out of residency. Utilizing geographical arbitra...

WCI #207: The Delusions of Crowds with Bill Bernstein from 2021-04-22T06:30

Bill Bernstein is one of the smartest people we know in the investing world. Listen to this interview with Dr. Bernstein about his new book, The Delusions of Crowds and you will see why. The boo...

MtoM #10 - Millionaire 5 years Post Residency from 2021-04-19T06:30

Jacque reached a net worth of a million dollars five years out of training. She practices outpatient internal medicine and is a military doctor with the National Guard. How did she become a mill...

WCI #206: 10 Commandments for Financial Independence from 2021-04-15T06:30

The White Coat Investor went up into the Mount and out of the burning bush came a finger which engraved on the stone tablets the following 10 commandments Listen

MtoM #9 - Family Medicine Doc Receives PSLF from 2021-04-12T06:30

This doctor knew from the beginning she wanted to go for PSLF and worked the system accordingly. Put in the effort to understand this program and it will work for you. She had $330K in federal s...

WCI #205: Understanding Required Minimum Distributions from 2021-04-08T06:30

A lot of people have this fear of required minimum distributions. Understanding how RMDs work is important but you don't need to fear the future taxes. See this post for more information Listen

MtoM #8 - $450K Paid Off In 2.5 Years from 2021-04-05T06:30

This doctor paid off $450K in student loans in 2.5 years by prioritizing being debt free above all else. Impressive amount of discipline. That amount of debt was incredibly intimidating for Dani...

WCI #204: First Year of Retirement with Physician on Fire from 2021-04-01T06:30

Physician on Fire has been retired from medicine for a year and half. Granted the pandemic kind of screwed up a lot of his plans, but we can get an idea of what this early retirement life looks ...

MtoM #7 - Psychiatrist pays off $330K in 3.5 Years from 2021-03-29T06:30

Are you a non traditional med student and think you’ll never be free of those loans? Think again. This psychiatrist finished training at 50 years old and had her loans paid off 3.5 years later. ...

WCI #203: Benefits and Drawbacks of an MSO from 2021-03-25T06:30

Management service organizations (MSOs) provide a range of administrative and managerial services to doctors. With the trend in practice ownership changing from ownership to employees, more peop...

MtoM #6 - Millionaire Status - Automatically from 2021-03-22T06:30

Dr. Cori is a hospitalist worth 2.8 million. She reached millionaire status 5 years out of training. Her secret to success? Automating and tracking her financial life. A key was working with her...

WCI #202: Working Together with Your Partner, with Mrs. WCI from 2021-03-18T06:30

Managing finances with your partner can be challenging but it is hard to be successful if you don't learn to do it well. In this episode we discuss with Mrs. WCI how we have learned to work toge...

MtoM #5 - Anesthesiologist Pays Off $300K in 2 Years from 2021-03-15T06:30

Shifting your mindset, creating a plan, and executing that plan will lead to major success. That is what this doctor did to pay off $300K in student loans in just 2 years. With the mindset that ...

WCI #201: When to Rent vs Buy a Home from 2021-03-11T07:30

It is that time of year again when many doctors start asking, should I keep renting or buy a home? Well, truthfully many are asking how can I get someone to loan me money for a home right now? B...

MtoM #4 - Military Pediatrician Pays off $150K in 15 Months from 2021-03-08T07:30

Paying off student loans quickly doesn’t take a high physician size income. It simply requires you to live like a resident for a little bit longer and put large chunks of your extra income towar...

WCI #200: Vetting Private Real Estate Deals from 2021-03-04T07:30

Real estate is certainly a legitimate pathway to wealth that many people have followed. Our guest in this episode is Peter Kim of Passive Income MD. We dive into your questions about passive inc...

MtoM #3 - Become a Millionaire with the 1/3 Income Rule from 2021-03-01T07:30

This millionaire radiologist graduated medical school with a net worth of a bottle of wine and a bicycle. 8 years out of training he was a millionaire. How did he do it? Not with the typical whi...

WCI #199: Asset Protection with Jay Adkisson from 2021-02-25T07:30

Attorneys who specialize in asset protection often use a lot of fear in their marketing materials. They want us to feel like we are going to be sued and lose everything. Is this fear appropriate...

MtoM #2 - Pediatric Intensivist gets PSLF with No Hassle from 2021-02-22T07:30

PSLF is real and can be received without major hassles. Dr. Yu is proof! He is a pediatric intensivist who owed $155K when he graduated school and had $182K forgiven ten years later. We discuss ...

WCI #198: Where to Save $100K for Private Real Estate from 2021-02-18T07:30

For medicine and healthcare nationally, it is not good that as physicians, we are tending to abdicate our leadership opportunities. If we refuse to do it, less qualified people are going to take...

MtoM #1 - High COLA Family Doc Slays $400K in Student Loans from 2021-02-15T07:30

Dr. Emily and her partner, both family doctors in a high cost of living area, paid off $400K+ in students loans in really only 4 years after deciding not to go for PSLF. Keys to their success? R...

WCI #197: The Value of Physician Leadership from 2021-02-11T07:30

For medicine and healthcare nationally, it is not good that as physicians, we are tending to abdicate our leadership opportunities. If we refuse to do it, less qualified people are going to take...

196: Understanding Tax Brackets from 2021-02-04T07:30

Understanding how the tax brackets work will aid your tax planning and make for more informed, reasonable discussions of tax policy. People don't actually grasp how tax brackets work and they ro...

195: Investing Lessons from Christine Benz of Morningstar from 2021-01-28T07:30

Morningstar has been around for 36 years and is by far the best place to get information about all of the mutual funds available. Our guest in this episode, Christine Benz is the director of per...

194: The Backdoor Roth IRA Made Easy from 2021-01-21T07:30

Everyone should be contributing to a Roth IRA every year. This is retirement account space that you can't get back. Many of us need to contribute to the Roth IRA through the backdoor, which can ...

193: Cure Physician Burnout with Dr. Dike Drummond from 2021-01-14T07:30

Burnout is a big risk to your finances. Your fastest path to cash is as a board-certified doctor. We want you to be happily practicing medicine for as long as you would like. Our guest in this e...

192: Is Your Financial Plan Reasonable? from 2021-01-07T07:30

I often tell people having a written investing plan is crucial to their financial success. That requires that the investing plan first be reasonable. There are lots of portfolios out there that ...

191: Don't Make These 10 Financial Mistakes from 2020-12-31T07:30

There are 10 big financial mistakes that doctors make. We see these made repeatedly over and over again. If you can avoid these, you're going to have a great career and financial life. We often ...

190: The Next Millionaire Next Door from 2020-12-24T07:30

We can learn a lot from the research examining how self-made, economically successful Americans became that way. Our guest this week is Sarah Stanley Fallaw. You may not be as familiar with her ...

189: Inherited IRAs from 2020-12-17T07:30

If you are fortunate enough to inherit an IRA there are some things you should know. Inherited IRAs, also known as stretch IRAs (htt...

188: Dr. Rick Hodes, a Life Dedicated to Service from 2020-12-10T07:30

The work of Dr. Rick Hodes in Ethiopia is inspiring. He is working in an international inter-religious, interfaith, inter-ethnic environment to make the world a better place. He is the doctor we...

187: How Much Should You Put in a Roth? from 2020-12-03T07:30

Is there a recommended percentage of your portfolio that should be in Roth accounts when you retire? We are asked this question a lot. People think there must be an optimal mix. Is there? And is...

186: Pilots are High Income Professionals Too from 2020-11-26T07:30

The financial pathway of a major airline pilot is remarkably similar to that of a doctor. A lot of people don't realize they make doctor-like incomes and actually have a lot of doctor-like finan...

185: Finances in the Great White North from 2020-11-19T07:30

The Canadian financial system is similar but not quite the same as the U.S. financial system. In this episode we talk about the Canadian retirement system, the programs they have similar to the ...

184: Selling Your Practice to a Private Equity Firm from 2020-11-12T07:30

It is becoming more and more common for physician groups to be approached by a private equity firm that wants to buy the practice and make them “more efficient.” Of course the older partners thi...

183: Physician Moms and Their Finances from 2020-11-05T07:30

Our guest today is Dr. Hala Sabry, the founder of the Physician Moms Group on Facebook. Who better to ask about physician moms and their finances than a physician mom managing a group with 75,00...

182: Stock Market and Elections from 2020-10-29T06:30

What general market trends do we see during election seasons? What usually happens if a Republican president wins a second term? What usually happens if a Republican president were to lose to a ...

181: Evidence-Based Investing with Larry Swedroe from 2020-10-22T06:30

Practicing evidence-based medicine is important to physicians, looking at data and changing our practice according to it. Our guest in this episode, Larry Swedroe, has been a proponent of eviden...

180: More Physician Millionaires from 2020-10-15T06:30

What does it take to become a millionaire? Hear the experiences of seven millionaires in this episode talk about how they did it. You may recall we did our Listen

179: Financial Changes When You Make Partner from 2020-10-08T06:30

What changes when you make partner? When you become a partner, you go from being an employee to being an owner. So, there are lots of financial changes. See the full show notes here Listen

178: Practicing Medicine in Australia from 2020-10-01T06:30

What is it like to practice medicine in Australia? Our guest in this episode walks us through the training and practicing of physicians in the land down under. We talk about what the medical sys...

177: Financial Planning for Children with Special Needs from 2020-09-24T06:30

Your financial planning after having a child with special needs will be different than you might have otherwise anticipated. In this episode we talk about 6 aspects of financial planning that ar...

176: A Public Service Loan Forgiveness Success Story from 2020-09-17T06:30

I have been asked for several years if any doctors have received public service loan forgiveness. Public Service Loan Forgiveness first became available in 2007. Since it is a ten year program, ...

175: Fixing Analysis Paralysis from 2020-09-10T06:30

When faced with making a decision you may find yourself with the inability to act due to overthinking the available alternatives and possible outcomes. This is commonly known as analysis paralys...

174: How to Make Seven Figures in Medicine from 2020-09-03T06:30

In this episode we take a look at the financial life of a physician earning seven figures. I think it will be enlightening because you can compare and contrast your life and think about the thin...

173: The Dangers of Robinhood from 2020-08-27T06:30

Robinhood has been taking the investing world by storm the last few months. I thought it would be worth mentioning a few things about Robinhood on the podcast. Robinhood is just a brokerage acco...

172: Behavioral Finance with Morgan Housel from 2020-08-20T06:30

Our guest this week is one of my favorite writers. Morgan Housel is a partner at The Collaborative Fu...

171: Six Principles of Asset Location from 2020-08-13T06:30

Asset location is something that is completely missed by a lot of otherwise pretty financially sophisticated people. So I do a deep dive into this topic in today's episode before answering liste...

170: Rick Ferri versus Paul Merriman Part 2 from 2020-08-06T06:30

This is part 2 of the lively debate between Rick Ferri and Paul Merriman where we continue the discussion on the pros and cons of factor investing. See part 1 here Listen

169: Rick Ferri versus Paul Merriman on Factor Investing from 2020-07-30T06:30

This episode we have Rick Ferri and Paul Merriman on the WCI podcast at the same time for a lively debate on the pros and cons of factor investing. These are two opinion leaders who have affecte...

168: Retirement Accounts versus Real Estate from 2020-07-23T06:30

Should you pull money out of retirement accounts or skip investing in retirement accounts in order to invest in real estate? No. With this pandemic and change in physician incomes, many have bee...

167: You Need a Budget from 2020-07-16T06:30

You need a budget. Even for a high income earner a budget is a necessary tool. The higher your income, the simpler your budget might be. But the potential for positive impact is so much higher w...

166: Is Vanguard Losing Its Status? from 2020-07-09T06:30

I love Vanguard. I think it is great to have a real mutual fund/brokerage company that is owned by the investors and run at cost. Their low costs and passive investing has done wonders for the i...

165: What is Direct Primary Care? from 2020-07-02T06:30

Direct primary care has been described as revolutionizing primary care in medicine. Our guest in this episode is Listen

164: Why You Should Max Out Your Retirement Accounts from 2020-06-25T06:30

Maxing out your retirement accounts will make estate planning easier, give you better asset protection, you'll pay less in taxes, all while your investments grow. A tax protected retirement acco...

163: Guide to Physician Disability Insurance from 2020-06-18T06:30

If you are not financial independent you need to have a disability insurance policy in place. About one out of every five doctors over the course of their career uses a long-term disability poli...

162: Are Side Gigs Mandatory for Doctors? from 2020-06-11T06:30

Do doctors need a side gig? No. But it certainly can ease the stress that comes from changes in your physician income beyond your control, like with this pandemic. But living like a resident, sa...

161: Medicine and Finance in Venezuela from 2020-06-04T06:30

What is it like to train and practice medicine in Venezuela? Dr. Postalian emailed me a while ago saying, “if you are interested in learning about medicine in a completely crazy and destroyed ec...

160: What State is Best for Real Estate Investing? from 2020-05-28T06:30

Which states are best for real estate investing? This is like asking which investment is best. You can really only know in retrospect and it'll depend on how things perform over the next 10-30 y...

159: Financial Infidelity from 2020-05-21T06:30

Financial infidelity can mean many things. I have talked for a long time about the important of being on the same page financially with your spouse. It is so important to be open with each other...

158: Which Physician Specialty is Best for Retiring Early? from 2020-05-14T06:30

If you want to retire early, which specialty would be best to go into? Let's get one thing straight from the beginning, medicine is not a great option for FIRE in the first place. With the long ...

157: Tips for Buying and Selling a Practice from 2020-05-07T06:30

What should a physician or dentist who wishes to sell their practice know about the process? What mistakes do doctors make in this transaction? What strategies can doctors use at the time of sal...

156: What to do with a Dramatically Lower Income from 2020-04-30T06:30

During this pandemic many physicians have seen their income dramatically lowered. What can you do when you are faced with a severe pay cut? We have a guest on this show who is dealing with that ...

155: Malpractice Insurance - Above Policy Limit Judgments from 2020-04-23T06:30

My risk for an above policy limit malpractice judgment is one in 20,000. A listener asked me how I came up with that number as he is in a different specialty and wanted to figure out what his ri...

154: Bear Market Action Plan from 2020-04-16T06:30

You are going to face many bear markets in your investing career. Having an action plan to survive a bear market is critical. I go over an important list of things to do in a bear market and thi...

153: Tax Loss Harvesting from 2020-04-09T06:30

Tax loss harvesting is an important topic, especially right now. If you have been hemorrhaging money in the markets, like most of us have, you may want to do some tax loss harvesting.
This...

152: Work Life Balance with Tired Super Heroine from 2020-04-02T06:30

With medical school classes now having slightly more women than men, more physicians are or will be juggling the challenge of being a professional and a mother. Figuring out the work-life balanc...

151: How to Pick a Charity from 2020-03-26T06:30

Choosing which charities to give to is important. It takes just as much effort to give well as it does to earn, save, invest and spend well. We all know that some charities are better than other...

150: Side Gigs, Women, and Demographic Changes in Medicine from 2020-03-19T06:30

Medical school classes now have slightly more women than men. In today's episode we talk a little bit about what that means, both for male and female doctors, for employers, and for patients. We...

149: Should I Time the Market? from 2020-03-12T06:30

Should you try to time the market? No! Why? Because it is very hard to do well over the long term and it introduces significant transaction costs to the equation. Beginner investors have trouble...

148: Finding Balance in Your Life with Dr. Dawn Baker from 2020-03-05T07:30

Life balance is an important topic as we address physician wellness in the medical community. Why is it so hard for high-income professionals to find balance in their lives? Most of us are striv...

147: Being a Finance Buff with Harry Sit from 2020-02-27T07:30

All of us can become a finance buffs if we are willing to put in the time to learn. Our guest in this episode is proof of that and is a bit of an of an idol of mine. Harry Sit has been blogging ...

146: The 5-Year Rule for Roth IRA Conversions from 2020-02-20T07:30

The 5-year rule for Roth IRA Conversions can be confusing because there are two 5-year rules regarding Roth IRAs. We discuss the difference between them in this episode. See the full show notes ...

145: Faith, Family, and Finance with Rogue Dad, M.D. from 2020-02-13T07:30

In this episode we are looking at faith, family, and finances through the lens of medicine. Fahd Ahmad, also know as Rogue Dad, M.D. is our guest. See the full show notes and transcription at ht...

144: Can I Send Money to India? from 2020-02-06T07:30

The question often comes up about sending money to or receiving money from India. It turns out international gifts of money are not that complicated but there are a couple of issues to pay atten...

143: All About Medical School Loans with Ben White from 2020-01-30T07:30

Managing your medical school loans is one of the most important first financial steps that a medical school student or resident needs to take care of. You need to have a student loan plan of act...

142: Should You Raid a Roth IRA To Pay Off Your Loans? from 2020-01-23T07:30

Should you raid your Roth IRA to pay off your student loans? No, I think raiding your Roth IRA for any reason is a bad decision. You only get so much Roth space in your life. Raiding the Roth IR...

141: Private Real Estate Access Funds from 2020-01-16T07:30

This episode we discuss advantages and disadvantages of investing in private real estate access funds. What are the advantages of access funds over syndicated real estate deals? How much of your...

140: Solving Your Financial Mistakes from 2020-01-09T07:30

As you become more financially literate, you realize all the financial mistakes that you were making. Some of those mistakes are more challenging to fix than others. This is particularly true wi...

139: Physician Millionaires - How'd They Do It? from 2020-01-02T07:30

It is possible for you to retire a millionaire. In this episode I interview 7 of your colleagues who have become millionaires before retirement. They share how they did it and what advice they h...

138: Managing Student Loans and When to Pay for Advice from 2019-12-26T07:30

There is a huge issue with student loans in our country today. I think it is currently at $1.7 trillion. That is almost half of the annual federal budget. One out of six Americans over the age o...

137: Inspiration to Crush Your Student Loans from 2019-12-19T07:30

We want to inspire you to crush your student loans. One of the worst parts of being a doctor, dentist, or attorney is this massive student loan burden that you have to build your early financial...

136: Taxes on Stock Options from 2019-12-12T07:30

There are non-qualified stock options and incentive stock options. They are each taxed very differently. A listener joined a startup and was offered shares of stock in the company. If his compan...

135: Estate Planning with Daniel Kesten from 2019-12-05T07:30

Daniel Kesten, an estate planning attorney and a speaker at the WCICon 20 in Las Vegas in March, is our guest on this episode. We have a great discussion concerning everything you need to know a...

134: Improve Your Personal Financial Literacy from 2019-11-28T07:30

This week is continuing financial education week. See more information and resources to get financially literate at https://www.whitecoatinvestor.com/classic-blog/. I do this week every year wit...

133: What Physicians Need to Know About Contract Negotiation from 2019-11-21T07:30

A contract is just a vehicle to set expectations. But understanding those expectations is very important. We discuss what you need to know about negotiating a contract in this episode. See the f...

132: Asset Protection Strategies to Secure Your Wealth from 2019-11-14T07:30

Our guest this episode is an asset protection attorney. See the full transcription here https://www.whitecoatinvestor.com/classic-blog/ A lot of readers and listeners had questions about the cos...

131: Rules for Business Vehicle Tax Deduction from 2019-11-07T07:30

Deducting your business vehicle sounds like a great way to lower your tax bill. Unfortunately it is probably not going to be a significant deduction for most doctors. For starters W2 employees c...

130: How to Retire Early as a Doctor with the Physician on Fire from 2019-10-31T06:30

Have you ever dreamed of retiring from medicine in your 40s? In this episode we interview a doctor who actually did retire recently at the age of 43. Of course long time readers will know the Ph...

129: Helping Family When They are Bad With Money from 2019-10-24T06:30

Setting financial boundaries with your parents is challenging. These are the people that took care of you for the first 18 years of your life. But that doesn't mean that you are indebted to them...

128: Resident Physician Financial Mistakes from 2019-10-17T06:30

There are some aspects of finances that are unique to resident physicians. It is really during this time that you are putting on the training wheels and learning to manage your finances before t...

127: Understanding the Mega Backdoor Roth IRA from 2019-10-10T04:30

The Mega Backdoor Roth IRA allows you to contribute an additional amount into an Roth IRA due to the fact that some employer 401k plans allow after-tax contributions. Listen to this episode to s...

126: How to Reduce your Investment Taxes with Phil DeMuth from 2019-10-03T04:30

Every doctor and other high income earner wants to reduce their investment taxes. Our podcast guest, Phil DeMuth, is just the man to help you do that. See the full transcription and links to eve...

125: How to Rebalance Your Portfolio from 2019-09-26T04:30

See the show notes for this episode at https://www.whitecoatinvestor.com/ One listener asked about how to rebalance his portfolio. A lot of people still get confused about this. He said rather t...

124: Financial Advisors: The Good, The Bad, and The Ugly with Michael Kitces from 2019-09-19T04:30

Michael Kitces is the brains behind Nerd's Eye View, https://www.kitces.com/ which I believe is the most widely read website aimed at educating financial advisors in the world. He blogs for advi...

The White Coat Investor Trailer from 2019-09-17T18:14:09

Host, Dr. James Dahle, is a practicing emergency physician and founder of the White Coat Investor Blog. Like the blog, the White Coat Investor Podcast, is dedicated to educating medical students...

123: Will the Politicians Cancel your Student Loan Debt? from 2019-09-12T04:30

"Aren't all the Democratic candidates going to cancel student loan debt? I'll just wait, because if I pay them back and then they cancel them, I'm out of luck." Now for some of you this might so...

122: Frugal Living with the Frugal Physician from 2019-09-05T04:30

If you forgot to live like a resident for your first few years as an attending physician, it isn't too late. In this podcast episode I interview Dr. Disha Spath, of the https://www.thefrugalphys...

121: What You Need to Know About Self-Employment Taxes from 2019-08-29T04:30

Dealing with self employment taxes can be a little tricky. In this episode I discuss quarterly payments or a way to avoid making them if you have W2 income as well to avoid penalties by being in...

120: Medical Missionary Work from 2019-08-22T04:30

Ever thought about doing a medical mission trip? My 15 year old daughter and I went to Honduras this summer to spend a week assisting in a local hospital. This episode I interview her about that...

119: How to Pay for College with Robert Farrington from 2019-08-15T04:30

This episode we interview Robert Farrington, the founder of thecollegeinvestor.com, https://thecollegeinvestor.com/ where he provides lots of information for young investors, for indebted people...

118: How Do I Claim a Foreign Tax Credit? from 2019-08-08T04:30

If you invest in the total international stock market index you may be eligible for the foreign tax credit. As long as your foreign tax paid is less than $300 single, or $600 married, it is a ra...

117: Managing Healthcare Real Estate Properly from 2019-08-01T04:30

Our guest is Collin Hart, managing director of ERE Healthcare Real Estate Advisors. His company is a real estate brokerage that specializes in representing physicians in the process of selling a...

116: Fix the Car or Buy a New One? from 2019-07-25T04:30

I received a couple of questions about cars in the Facebook group https://www.whitecoatinvestor.com/facebookgroup and thought it would be interesting to compare and contrast them. The first one ...

115: How to Fix Your Investment Mistakes from 2019-07-18T04:30

Unlike our typical shows where we answer questions people have pre-recorded, this episode will be a bit of a back and forth with a listener who had a lot of questions. She is missing one key ele...

114: Should You Start a Group Practice Retirement Plan? from 2019-07-11T04:30

Should you start a retirement plan for your office? When is it worth starting? What things should you consider? A practice retirement plan can help with recruitment and retention of employees. B...

113: Dare to be Dull with Allan Roth from 2019-07-04T04:30

"Always ask yourself, where can your portfolio go wrong? And if you can't come up with lots of different reasons, you probably are too overconfident on it. I want everyone to have an exciting, f...

112: The Right Way to Borrow Money From Family from 2019-06-27T04:30

A listener asked me how to prioritize loans from their parents. I am not a fan of borrowing money from family. I'd hate to owe money to my parents. Paying that off would be a major priority for ...

111: Investing in Airbnb Rentals with David Draghinas from 2019-06-20T04:30

Dr. David Draghinas is probably best known in this community for his podcast, Doctors Unbound, https://www.doctorsunbound.com/ where he shares inspiring stories about doctors doing extraordinary...

110: How Does the US Tax Foreign Investment Income? from 2019-06-13T04:30

How does the US tax foreign investment income? Foreign income is taxed as ordinary income on your US tax return. No free lunch here, sorry. The places that are paying higher interest rates are g...

109: Passive Investing and Financial Advisory Fees with Rick Ferri from 2019-06-06T04:30

Rick Ferri is a financial advisor and an accomplished author of 7 books related to investing. I consider him the heir apparent to Jack Bogle. In this interview we discuss passive investing and w...

108: What is Value Averaging and How Does it Work from 2019-05-30T04:30

What is Value Averaging and How Does it Work? It is an investing strategy that works like dollar cost averaging in terms of steady contributions, but differs in its approach to the amount of eac...

107: The Four Pillars of Investing with Bill Bernstein, MD from 2019-05-23T04:30

I first met Bill Bernstein at the Bogleheads Conference in 2008. I was a Bernsteinhead before I was ever a Boglehead. The Four Pillars of Investing was certainly one of the first good books on i...

106: Financial Advice for Those Starting a Family from 2019-05-16T04:30

We talk about tips for physicians starting a family in this episode. You have to realize it has dramatic changes on retirement dates - pretty easy to FIRE without kids. Kids not only introduce a...

105: How to Think About Money with Jonathan Clements from 2019-05-09T04:30

Our guest this episode is Jonathan Clements, a previous WSJ columnist, the blogger behind HumbleDollar.com, and the author of 8 books (7 financial and a novel) including one of my all time favor...

104: Mistaking a Salesman for a Financial Advisor from 2019-05-02T04:30

Many financial advisors are salesmen masquerading as financial advisors. You need to learn how to differentiate between the two so you make sure you are getting good advice at a fair price. In t...

103: Reduce Burnout with the Physician Philosopher from 2019-04-25T04:30

Our guest this episode is Jimmy of The Physician Philosopher blog. Jimmy is an anesthesiologist, an academic physician working full-time and living on the East Coast. Despite his youth, he alrea...

102: How to Pay for a House from 2019-04-18T04:30

There are lots of ways to pay for a home, 15 year mortgages, 30 year mortgages, fixed, ARMS, paying all cash. What is right for you? I answer listener questions in this episode about buying a ho...

101: When To Hire A Financial Planner from 2019-04-11T04:30

When should you hire a financial planner? You don’t have to know everything about finance to take care of your own finances. You only have to know the parts that apply to you. The amount of know...

100: How To Get Rich as a Doctor from 2019-04-04T04:30

Let’s talk about How to Get Rich. First thing is to avoid getting poor. That means minimizing the cost of your education, making sure you match. Making sure you get through your training. That d...

99: How to Break Up with Your Financial Advisor from 2019-03-28T04:30

Two readers are on this week's episode, a dentist and an attending physician. Both are in the process of taking control of their money and moving on from their financial advisors. I have no prob...

98: A Discussion with a Resident and a Medical Student from 2019-03-21T04:30

A resident listener and a medical school listener come on the podcast today to have their financial questions answered.

This episode is sponsored by Set for Life Insurance. Set for Life I...

97: Realtors and Physician Mortgage Loans with Peter Kim of Curbside Real Estate from 2019-03-14T04:30

Interview with Dr. Peter Kim, founder of Curbside Real Estate, addressing physician-specific issues encountered during the home buying process. We talk about how to avoid the most common mistake...

96: An Interview with Michelle Finkel of Insider Medical Admissions from 2019-03-07T05:30

In this episode I interview Michelle Finkel. Dr. Finkel is a former Harvard Medical School faculty member with admissions experience and a board certified emergency physician. She started Inside...

95: The Speakpipe is Working from 2019-02-28T05:30

Lots of listener's voices on this episode. The speakpipe to record your questions is working well! I answer your colleagues questions about contributing to a Roth IRA for those married filing se...

94: Surgery Center Investments from 2019-02-21T05:30

I'm often asked questions about investing in a surgery center but it is something that I have no experience with. So I brought on someone who does have experience as well as a doctor that is jus...

92: Being a Military Physician from 2019-02-14T05:30

Dr. Schofer is board certified in EM and currently serves in the U.S. Navy. Whenever I write anything inaccurate about being a military doctor he is gracious enough to set me straight. He has be...

93: Private Real Estate Funds from 2019-02-07T05:30

Over the years, I’ve invested across the entire spectrum of real estate investments, from owning and managing an individual property and its tenant to buying and holding a REIT index fund. This ...

91: Becoming Your Parent's Financial Advisor from 2019-01-31T05:30

"As a young attending who has put into effect the many themes presented by the WCI, how would you recommend I go about helping my parents get into a better financial situation?" This is the main...

90: An Interview with Physician on Fire and Passive Income MD from 2019-01-24T05:30

Your three favorite physician finance bloggers all in one podcast again! WCI, PIMD, and PoF answer listener questions in this episode ranging from who is the funniest and is curling a real sport...

89: State of the Podcast from 2019-01-17T05:30

It is a tradition at The White Coat Investor to update the members of our community on the progress made in the last year. As usual, last year was our best year ever in nearly every respect. Tha...

88- An Interview with Crispy Doc from 2019-01-10T05:30

In this episode I speak with Crispy Doc, a financially independent emergency physician in his mid-40s, married with kids, living in coastal California. We discuss his mid-career burnout and how ...

87: The White Coat Investor Philosophy from 2019-01-03T05:30

I’m often asked “where should I start with the podcasts.” I thought for our first podcast of 2019 that I’d lay out the WCI philosophy, so if someone asks “what podcast should I start with?” you ...

86: Legacy Holdings in Taxable Account from 2018-12-27T05:30

A listener emailed me who is lucky enough to get a generous gift every year from their grandparents of $14,000 in stocks. The stock is all from a single company that her grandfather worked for d...

85: The Real Life Financial Experience of a Young Periodondist from 2018-12-20T05:30

In this episode I speak with a young periodontist about his finances. He is doing great, having already paid off all his student loans relatively quickly. But like many of the WCI listeners and ...

84: Bonds in a Rising Interest Rate Environment from 2018-12-13T05:30

I was asked for some good strategies for investing in bonds in a rising interest rate environment. This episode I discuss short term, money market funds, inflation adjusted, and stable value fun...

83: Teaching Personal Finance to Students and Residents with Jason Mizell from 2018-12-06T05:30

Dr. Jason Mizell has been teaching a personal finance and investing course at his academic institution for medical students and residents for several years. It is inspiring to see what he has cr...

82: Nearing Retirement from 2018-11-29T05:30

One listener felt a lot of my podcasts are geared toward the younger physician. She really wanted to know more about investing as she nears retirement. She had questions like is a portfolio 100%...

81 - Medicine and FInance in the UK with Dr. Nikki Ramskill from 2018-11-22T05:30

Ever wondered what is was like to practice medicine in the UK? It is fascinating to see the differences in medicine and physicians' finances between the States and those practicing in England. D...

80: Answering Listener Questions from 2018-11-15T05:30

This episode is choke full of listener questions from should you get a retirement plan for your employees to revocable trusts to the age old questions of why bonds and investing vs paying off de...

79: Sorting Out An Academic Doc's Finances from 2018-11-08T05:30

This episode I interview an academic doctor about her finances. She is in the process of firing her financial advisor and becoming a do-it-yourselfer. We talk about what accounts she has, asset ...

78: Cash Balance Plans from 2018-11-01T04:30

A cash balance plan is a type of defined benefit plan (pension) that acts like a defined contribution plan (401K). When private companies were trying to get rid of their expensive pension plans,...

77: Investing in Online Businesses - An Interview with Gregory Elfrink from Empire Flippers from 2018-10-25T04:30

Investing in online businesses is a relatively new asset class for most investors. But can be a great place to invest some of your portfolio. If you ever wondered how do you invest in websites t...

76: Good Debt and Bad Debt from 2018-10-18T04:30

Is there such thing as good debt and bad debt? Is it good to carry some form of debt for your credit score? Is buying things on a credit card and then paying it off each month accumulating good ...

75: Increasing Your Primary Care Income - An Interview with Doc G from DiverseFI.com from 2018-10-16T04:30

Doc G of DiverseFI.com shares with us how he increased his primary care income to almost 7 figures. I have always been impressed that the intraspecialty income differences are so dramatic compar...

74: Public Service Loan Forgiveness from 2018-10-04T04:30

It has been ten years since the Public Service Loan Forgiveness Program was created. The first people are up for loan forgiveness. So what happened? Did they get loan forgiveness? How will this ...

73: Raising Exceptionally Talented Children from 2018-09-27T04:30

I interview Dr. Champeaux in this episode about her experience raising an exceptionally talented son, a tennis player. But we also really delve into being a military doctor and how to publish ab...

72: Why Bonds? from 2018-09-20T04:30

Why should you invest in bonds at all? Especially if you are young or fresh out of training and could tolerate any changes in the stock market? I address this question and more in today's episod...

71: An Interview with Nii Darko from Docs Outside the Box from 2018-09-13T04:30

In this episode I talk with Nii Darko from Docs Outside the Box. Docs Outside the Box podcast brings stories of ordinary doctors doing extraordinary things to inspire other docs to think outside...

70: Stuff I Don't Invest In from 2018-09-06T04:30

In this episode I discuss all the things I don't invest in like precious metals, individual stocks, actively managed mutual funds, currencies, bitcoin, start-ups/angel investing, commodities, op...

69: An Interview with Carrie Reynolds from Hippocratic Hustle from 2018-08-30T04:30

I interview Carrie Reynolds today from The Hippocratic Hustle Podcast. She developed The Hippocratic Hustle Podcast to create a space where women doctors can come together and share their storie...

68: Moonlighting and Side Gigs from 2018-08-23T04:30

We discuss moonlighting and everything a doctor needs to know about this extra source of income. We also talk about side gigs for high income professionals in this episode.

If you found t...

67: An Interview with Passive Income MD and Physician on Fire from 2018-08-16T04:30

Your three favorite physician finance bloggers all in one podcast! WCI, PIMD, and PoF answer listener questions in this episode ranging from how they prefer their chicken wings to how to help yo...

66: Long Term Care Insurance from 2018-08-09T04:30

Long term care insurance, cancer supplemental insurance, disability insurance - it is all covered in this episode as well as answering listener questions.

If you found this podcast useful...

65: An Interview with Coach Carson from 2018-08-02T04:30

This episode is an interview with Coach Carson who provides practical and approachable education and empowerment concerning investing in real estate. He wants to help listeners win financially s...

64: Dealing with Inflation from 2018-07-26T04:30

Do you take inflation into consideration when you create your "retirement day financial goal"? This and more listener questions about military medicine, paying AUM fees, buying health insurance,...

63: Hate Mail and a Disclosure from 2018-07-19T04:30

Dr. Dahle shares some hate mail he received as well as a disclosure about what he is licensed to do. More importantly, he answers many listeners questions about student loans, delaying tax filin...

62: An Interview with Vagabond MD from 2018-07-12T04:30

Dr. Dahle and Vagabond MD, an active participant in the WCI forum, providing many readers with needed financial information, discuss what he teaches new doctors about personal finance and invest...

61: All About Residents from 2018-07-05T04:30

Dr. Dahle talks about everything that a resident needs to know in this episode, from managing student loans, to housing, to retirement accounts, etc. If you are a resident, or will be a resident...

60: An Interview with Ryan Gray from Medical School Headquarters from 2018-06-28T04:30

Dr. Dahle and Dr. Gray discuss relevant premed topics in this episode to help those thinking medical school is for them to receive the information they need. Dr. Gray desire is to guide medical ...

59: Is Dr. Mike Meru Crazy? from 2018-06-21T04:30

In this episode Dr. Dahle talks about Dr. Mike Meru and his student loan balance of over $1 million dollars. Is he crazy? Or crazy like a fox? Listen to get Dr. Dahle's take on the situation and...

58: An Interview with Sarah Catherine Gutierrez from Aptus Financial from 2018-06-14T04:30

Dr. Dahle interviews Sarah Catherine Gutierrez from Aptus Financial in this episode. They talked about how she got into the financial advising world, the mistakes she sees doctors making in thei...

57: Questions from Doctors Doing Well and Doctors in Trouble from 2018-06-07T04:30

Dr. Dahle answers listeners' questions in this episode about disability insurance, lending money to family, student loan management, backdoor Roth IRAs, mortgage rates, and whole life insurance....

56: An Interview with Mike Piper from the Oblivious Investor from 2018-05-31T04:30

In this episode Dr. Dahle interviews Mike Piper, CPA, who gave the two highest ranked talks at the entire WCI conference in March. In this episode they discuss the new 199A deduction for physici...

Bonus Episode: WCI Conference Video Course from 2018-05-28T04:30

Bonus Episode! On March 1-3, 2018, 300 physicians, dentists, and other high income professionals met in Park City, Utah for the first-ever Physician Wellness and Financial Literacy Conference. I...

55: Basics of Investing from 2018-05-24T04:30

Sometimes investing hobbyists like myself, especially after a decade or more of investing, assume everybody knows the basics of investing. Occasionally, I am starkly reminded that is not the cas...

54: Asset Protection from 2018-05-17T04:30

This episode is about asset protection. We discuss what you can do to better protect your assets like houses, taxable accounts, real estate, etc. Plus of course answer listener question about ba...

53: Tax Cut and Jobs Act Pass Through Deduction from 2018-05-13T06:00

There is a new deduction for pass-through businesses such as sole proprietorships, LLCs, and S corporations. However, this deduction is specifically limited for physicians and similar profession...

52: An Interview with Lara McElderry from Married to Doctors from 2018-05-03T04:30

In this episode I interview Lara McElderry from the Married to Doctors podcast. Some might find that being married to a doctor isn’t as glamorous as society assumes. Having a physician spouse an...

51: Another Visit to Whole Life Insurance Land from 2018-04-26T04:30

I would like to say “don’t ever buy whole life insurance” and leave it at that but that just isn't the case. In this episode we revisit whole life insurance and discuss some situations in which ...

50: An Interview with Paul Merriman from 2018-04-19T04:30

In this episode I interview Paul Merriman. He is best known for his work, a large percentage of which is done on a volunteer basis, educating the individual investor. I told him when we were lin...

49: Tales From my Email Box from 2018-04-12T04:30

This episode is full of listeners' and readers' questions. Dr. Dahle talks about lifetime limits on retirement accounts and 529 plans, Backdoor Roth IRAs, SEP IRAs, saving for short term large p...

48: Choose Financial Independence from 2018-04-05T04:30

Dr. Dahle interviews Brad and Jonathan from the ChooseFI podcast. They discuss many different aspects of financial independence.

If you found this podcast useful visit our blog at http://...

47: Staying the Course, Stock Purchase Plans, and TSP Loans from 2018-03-29T04:30

In this episode Dr. Dahle answers listeners' questions about staying the course with your investing, stock purchase plans, and TSP Loans.

If you found this podcast useful, visit our blog ...

46: The Happy Philosopher from 2018-03-22T04:30

WCI interviews The Happy Philosopher in this episode discussing physician burnout and what can be done about it.

If you found this podcast useful visit our blog at http://whitecoatinvesto...

45: Interview with Curbside Real Estate from 2018-03-15T04:30

I am continually fascinated by the burning desire among graduating medical students and even residents, and particularly their spouses, to purchase a home as soon as is humanly possible despite ...

44: Complicated Aspects of 401(k)s from 2018-03-08T05:30

There are complicated aspects of 401(k)s. Many of these are discussed in this episode as we answer listeners' questions about their 401(k)s.

If you found this podcast useful, visit our bl...

43: Merger Arbitrage with Peter Steinberg MD from 2018-03-01T05:30

WCI and Dr. Steinberg discuss merger arbitrage. Now, this is a technique that hedge fund managers have done for some time, with varying amounts of success. Dr. Steinberg shares his experience wi...

42: Buy One Property A Year from 2018-02-22T05:30

In this episode I discuss the concept of buying one property a year as a path to wealth and financial independence. Remember this isn’t required for a high income professional. But it is an alte...

41: Getting A Second Opinion from 2018-02-15T05:30

In the medical world, it is routine to get a second opinion. The more serious the condition, the more likely a patient will seek a second opinion. Most doctors take no offense to this, nor shoul...

40: Physician on Fire Update from 2018-02-08T05:30

Physician on Fire and WCI discuss his transition to part time work, his safe withdrawal rate, and slow traveling with his family. They also answer many listeners' questions.

If you found ...

39: Five Questions on SERPs, New Tax Law, Inherited IRAs, and Gifts from 2018-02-01T05:30

Dr. Dahle answers listeners' questions in this episode. He covers questions about SERPs, the new tax law, inherited IRAs, and gifts.

If you found this podcast useful visit our blog at htt...

38: Bitcoin, Prenups, and Investing vs Paying off Debt from 2018-01-25T05:30

In this episode Dr. Dahle answers listeners' questions about bitcoin, prenups, and whether you should be investing or paying off debt.

If you found this podcast useful visit our blog at h...

37: Introducing the WCI Online Course: Fire Your Financial Advisor from 2018-01-18T05:30

This episode is an introduction to the new WCI course, Fire Your Financial Advisor! Over the years that I’ve been helping doctors and other high income professionals stop doing dumb stuff with t...

36: Interview with Nathaniel Minnick, DO from 2018-01-11T05:30

Dr. Dahle and Dr. Minnick answer readers' questions in this episode. From the debate over DO vs MD to where is the best place to open your solo 401k to should you invest in your medical partner'...

35_Interview with Jordan Goodman from Money Answers from 2018-01-04T05:30

This show is an interview with Jordan Goodman, “America’s Money Answers Man” and a "nationally-recognized expert" on personal finance. We discuss hard money loans, mortgage acceleration, investi...

34_Good Investing is Boring Investing from 2017-12-28T05:30

This episode is a bit of a “back to basics” show. Mutual funds make up the majority of my investment portfolio and I think that should be the case for most investors out there. Get rich once, ge...

33: Questions from Medical Students from 2017-12-21T05:30

Dr. Dahle answers questions from medical students on the show today. He will cover how to get on the same page financially with your partner. He discusses how to prioritize paying off debt, inve...

32: Passive Income MD from 2017-12-14T05:30

We have a special guest in this episode, Passive Income M.D. He's the newest addition to the White Coat Investor Networ...

31: Alternative Investments with Dr. Meadows from 2017-12-07T05:30

Alternative Investments with Dr. Meadows

Our guest on this episode is Dr. Kenyon Meadows, a radiation oncologist who practices in Georgia. He recently wrote a book called Alternative Fina...

30: How to Invest at All Time Highs from 2017-11-30T05:30

How to Invest at All Time Highs

Our topic on the podcast today is how to invest at all time highs. This is a question I've been hearing a lot lately both in person, via e-mail, and in com...

29: Tax Reform Bill in Congress from 2017-11-16T04:23:20

Tax Reform Bill in Congress

We are talking about taxes today and specifically about the tax bills bouncing around in Congress. Now obviously these are a work in progress. And it is import...

28: What Matters Most in Personal Finance from 2017-11-04T22:59:20

What Matters Most in Personal Finance

We spend a lot of our time talking about and worrying about the minutia compared to the big things you should be worried about. Realize that there ar...

27: How to Get Rich Quickly from 2017-10-30T12:41:41

How to Get Rich Quickly

Dr. Dahle discusses how to build wealth in this episode and if you have a need/desire to build wealth quickly he lays out a plan for you to do that.

If you ...

26: When to Buy a Home from 2017-10-24T18:37:18

When to Buy a Home.

There are lots of great reasons to own your own home, including the fact that you can have as many pets as you like, you can paint the walls whatever color you prefer,...

25: Military and 1099 Physicians from 2017-10-02T23:25:57

Military and 1099 Physicians.

WCI discusses important financial aspects of being a military physician or a physician paid on a 1099. If this applies to you, make sure you listen to this p...

24: Potpourri of Listeners' Questions from 2017-09-25T13:24:34

Potpourri of Listeners' Questions.

Many of listener questions are answered today on the podcast from diversifying bonds to getting on the same page financially with your spouse.

If...

23: An Interview with Miss Bonnie MD from 2017-08-29T14:16:57

An Interview with Miss Bonnie MD.

Listen to this interview between the WCI and Miss Bonnie MD, who is helping women find financial clarity through per blog and podcast. They discuss issue...

22: Nuts and Bolts of Financial Planning from 2017-08-21T12:54:40

Nuts and Bolts of Financial Planning.

Listen to this Q&A between Dr. Dahle and a fellow listener to find the answers to many of your financial planning questions.

If you found this...

21: Tax Diversification from 2017-07-31T04:30

Tax Diversification

Tax Diversification means not having all of your assets subject to the same tax effects, particularly during the withdrawal phase in retirement.  Proponents of this co...

20: Comparing Independent Contractor Jobs with Employee Jobs from 2017-07-19T17:17:45

Comparing Independent Contractor Jobs with Employee Jobs.

Which job offer is better? This is a common question and one which nearly every doctor wrestles with at some point during her car...

19: Social Security from 2017-06-27T06:59:43

Social Security

Do you count on Social Security when running your retirement projections? How do you do so? Do you discount it somehow? Listen to this podcast to better understand how soc...

18: Emergency Funds from 2017-06-19T04:30

Emergency Funds

What is the purpose of an emergency fund? How should you invest it? This podcast tells ev...