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WCI #245: The Backdoor Roth Lives On

WCI #245: The Backdoor Roth Lives On

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.…

MtoM #48 - Family Docs Pay Off $570K

MtoM #48 - Family Docs Pay Off $570K

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 …

WCI #244: The Finances of Professional Cyclists

WCI #244: The Finances of Professional Cyclists

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 highes…

MtoM #47 - Millionaire Military Officer

MtoM #47 - Millionaire Military Officer

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, y…

WCI #243: Annuities, Securities, and The Three Fund Portfolio

WCI #243: Annuities, Securities, and The Three Fund Portfolio

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 t…

MtoM #46 - Dual Physician Millionaires

MtoM #46 - Dual Physician Millionaires

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…

WCI #242: Avoiding Debt and Giving Back With Michelle Singletary

WCI #242: Avoiding Debt and Giving Back With Michelle Singletary

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

MtoM #45 - Pediatrician Pays off $185K in 3.5 years

MtoM #45 - Pediatrician Pays off $185K in 3.5 years

Renting a less comfortable home than they would have preferred, this couple focused on crushing their student loans. Not being big spenders helped ac…

WCI #241: Retirement Account Q&A

WCI #241: Retirement Account Q&A

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…

MtoM #44 - Back to Broke Oncologist

MtoM #44 - Back to Broke Oncologist

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 year…

WCI #240: Asset Allocation Q&A

WCI #240: Asset Allocation Q&A

Today we answer your questions about asset allocation. We start off with some basic principles that everyone should understand and then dive into mor…

MtoM #43 - Doc Dumps Whole Life Policy And Becomes Millionaire

MtoM #43 - Doc Dumps Whole Life Policy And Becomes Millionaire

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 y…

WCI #239: Contract Negotiation and Student Loans

WCI #239: Contract Negotiation and Student Loans

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 w…

MtoM #42 - Back to Broke as a Resident

MtoM #42 - Back to Broke as a Resident

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…

WCI #238: 2021 Financial Book Reviews

WCI #238: 2021 Financial Book Reviews

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 Financi…

MtoM #41 - Pediatrician pays off $300K in 3 years

MtoM #41 - Pediatrician pays off $300K in 3 years

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 the…

WCI #237: How to Reduce your Investment Taxes

WCI #237: How to Reduce your Investment Taxes

This episode we are answering questions about investment taxes. There are several things that you can do to reduce your investment taxes including th…

MtoM #40 - Dual Family Doctor Couple pays off $400K+ in 3 years

MtoM #40 - Dual Family Doctor Couple pays off $400K+ in 3 years

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. R…

WCI #236: Interview with Jaspreet Singh of the Minority Mindset

WCI #236: Interview with Jaspreet Singh of the Minority Mindset

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

MtoM #39 - Buying a Car with Cash
Car

MtoM #39 - Buying a Car with Cash

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 …