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

WCI #225: Q&A - Single Income Docs, Insuring Jewelry, Best Time of Year to Retire, Over Saving in a…

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…

MtoM #28 - EM Doc Pays off $180K in 3 years

MtoM #28 - EM Doc Pays off $180K in 3 years

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 th…

WCI #224: Q&A- Actively Managed Funds, Savings Rates, Social Index Funds and Home Prices

WCI #224: Q&A- Actively Managed Funds, Savings Rates, Social Index Funds and Home Prices

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 m…

MtoM #27 - Academic Endocrinologist Millionaire

MtoM #27 - Academic Endocrinologist Millionaire

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 ha…

WCI #223: Understanding Cash Balance Plans

WCI #223: Understanding Cash Balance Plans

A defined benefit cash balance plan link is a somewhat un…

MtoM #26 - Orthodontist Pays off $480K

MtoM #26 - Orthodontist Pays off $480K

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 s…

WCI #222: Car insurance: How much do you need?

WCI #222: Car insurance: How much do you need?

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 collisio…

MtoM #25 - Psychiatrist Millionaire

MtoM #25 - Psychiatrist Millionaire

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 …

WCI #221: Beating the New Death Tax with James Lange

WCI #221: Beating the New Death Tax with James Lange

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…

MtoM #24 - Hospitalist and Obesity Medicine Physician Pays off $156K in 5 years

MtoM #24 - Hospitalist and Obesity Medicine Physician Pays off $156K in 5 years

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…

WCI #220: Financial Priorities as a New Resident

WCI #220: Financial Priorities as a New Resident

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 n…

MtoM #23 - First Generation Millionaire Physician

MtoM #23 - First Generation Millionaire Physician

After graduating from medical school in India, this primary critical care physician lived like a resident with a high savings rate and low cost inves…

WCI #219: Financial Priorities as a New Attending

WCI #219: Financial Priorities as a New Attending

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 fi…

MtoM #22 - Family Doc Pays Off $230K in 6 years

MtoM #22 - Family Doc Pays Off $230K in 6 years

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…

WCI #218: How Much Car Can You Afford?
Car

WCI #218: How Much Car Can You Afford?

"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…

MtoM #21 - Doctor and Nurse Become Millionaires in 5 years

MtoM #21 - Doctor and Nurse Become Millionaires in 5 years

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 …

WCI #217: Practicing Medicine in India

WCI #217: Practicing Medicine in India

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 wha…

MtoM #20 - Psy-Fi MD Millionaire

MtoM #20 - Psy-Fi MD Millionaire

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…

WCI #216: Gold Bullion, Subway Franchises, Taxes, and Divorce

WCI #216: Gold Bullion, Subway Franchises, Taxes, and Divorce

In this episode we answer your questions ranging from gold bullion to Subway franchises. With questions about 401(k)s, UGMA accounts, withholding tax…

MtoM #19 - Millionaire Status in 5 Years

MtoM #19 - Millionaire Status in 5 Years

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 t…