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WCI #229: Retirement Accounts Q&A

WCI #229: Retirement Accounts Q&A

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…

MtoM #32 - Pediatric Cardiac Intensivist Gets PSLF

MtoM #32 - Pediatric Cardiac Intensivist Gets PSLF

Jennifer did a 4 year residency, 3 year fellowship, 1 additional training year as a pediatric cardiac intensivist, and then no payments required due …

WCI #228: Charitable Giving: DAFs vs CRTs vs Private Family Foundation

WCI #228: Charitable Giving: DAFs vs CRTs vs Private Family Foundation

In this episode we discuss charitable giving and dive into donor advised funds (DAFs), versus Charitable Remainder Trusts (CRTs) and private family f…

MtoM #31 - Millionaire Dentist

MtoM #31 - Millionaire Dentist

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 multimilli…

WCI #227: Starting a Medical Practice

WCI #227: Starting a Medical Practice

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 mor…

MtoM #30 - Nurse Practitioner Multimillionaire

MtoM #30 - Nurse Practitioner Multimillionaire

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 experien…

WCI #226: The State of Physician Financial Literacy

WCI #226: The State of Physician Financial Literacy

How financially literate are physicians? White Coat Investor just celebrated our 10 year anniversary of providing personal finance and investing info…

MtoM #29 - Teacher and Doctor Become Millionaires in 5 years

MtoM #29 - Teacher and Doctor Become Millionaires in 5 years

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 t…

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…