TopPodcast.com
Menu
  • Home
  • Top Charts
  • Top Networks
  • Top Apps
  • Top Independents
  • Top Podfluencers
  • Top Picks
    • Top Business Podcasts
    • Top True Crime Podcasts
    • Top Finance Podcasts
    • Top Comedy Podcasts
    • Top Music Podcasts
    • Top Womens Podcasts
    • Top Kids Podcasts
    • Top Sports Podcasts
    • Top News Podcasts
    • Top Tech Podcasts
    • Top Crypto Podcasts
    • Top Entrepreneurial Podcasts
    • Top Fantasy Sports Podcasts
    • Top Political Podcasts
    • Top Science Podcasts
    • Top Self Help Podcasts
    • Top Sports Betting Podcasts
    • Top Stocks Podcasts
  • Podcast News
  • About Us
  • Podcast Advertising
  • Contact
Not in our directory?
Add Show Here
Podcast Equipment
Center

toppodcastlogoOur TOPPODCAST Picks

  • Comedy
  • Crypto
  • Sports
  • News
  • Politics
  • True Crime
  • Business
  • Finance

Follow Us

toppodcastlogoStay Connected

    View Top 200 Chart
    Back to Rankings Page
    Business

    White Coat Investor Podcast

    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, residents, physicians, dentists, and similar high-income professionals about personal finance and building wealth, so they can ultimately be their own financial advisor—or, at least know enough to not get ripped off by a financial advisor! We tackle the hard topics like the best ways to pay off student loans, how to create your own personal financial plan, retirement planning, how to save money, investing in real estate, side hustles, and how everyone can be a millionaire by living WCI principles. Learn more at http://whitecoatinvestor.com/

    Advertise
    • Apple Podcasts
    • Google Play
    • Spotify

    Latest Episodes:
    WCI #307: Private Real Estate Versus REITs Mar 23, 2023

    Today we are answering more of your real estate questions. We discuss if it is a good idea to have your rental properties in an LLC, if you can claim a loss on US taxes for an international property, and where to store your money that you want to direct towards syndications. Our guest today is Michael Episcope from Origin Investments. He tells us about what funds are available currently, what new changes are happening at Origin and helps answer a listeners question about passive real estate versus REITs.

    SoFi is here to help medical professionals like you save thousands of dollars with student loan refinancing. Right now, qualifying medical professionals can refinance their private student loans with an up to one percent rate discount. And for residents, you’ll pay just a hundred dollars monthly while in residency. Visit https://SoFi.com/WhiteCoatInvestor to see all the promotions and offers they’ve got waiting for you. SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #110 - New York Physician Pays Off Student Loans Mar 20, 2023

    This New York City doc paid off $375,000 in only five years. This is a dual physician couple that wanted to get rid of both of their loans as quickly as possible. He shares that after training he knew very little about finances but knew getting rid of loans was a top priority. This doc shows us that you can live in a high cost of living area and still pay off loans, save for retirement, buy a house and live the life you want. His tips? Have a plan and stick to it, don't explode your lifestyle and automate as much of your finances as you can. He says you can have anything you want, you just can't have everything you want. Want to avoid lifestyle creep? Read this post: https://www.whitecoatinvestor.com/how-to-avoid-the-traps-of-lifestyle-creep/

    Are you ready to start earning passive income while diversifying your investment portfolio? Then check out The Peak Group. Through the Peak Housing REIT, they are helping WCI members build wealth through passive real estate investment and lowering the barrier to entry with a $25K minimum investment. Their team is ready to help guide you on your investment journey. Ready to learn more? https://www.whitecoatinvestor.com/peak

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #306: Using Retirement Accounts Mar 16, 2023

    Today we are answering your questions about retirement accounts. This is a topic that comes up a lot from readers and listeners and that is because it can be complicated! Especially when the rules keep changing like they did with the recent Secure Act 2.0. Today we tackle questions about withholding taxes, new rules with the Roth 401(k), maximum allowable contributions to combined retirement accounts, when you should roll your 401(k)s from multiple companies into one account and so much more.

    SoFi is here to help medical professionals like you save thousands of dollars with student loan refinancing. Right now, qualifying medical professionals can refinance their private student loans with an up to one percent rate discount. And for residents, you’ll pay just a hundred dollars monthly while in residency. Visit https://SoFi.com/WhiteCoatInvestor to see all the promotions and offers they’ve got waiting for you. SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #109 - Geriatrician Pays Off Student Loans Mar 13, 2023

    This geriatrician paid off his student loans and achieved a net worth of $350,000 only 4 years out of training. He shows that you can make big financial progress even if your income is on the lower end of physician incomes. He shares that reaching these milestones was easier to achieve than he thought it would be. He recommends living like a resident, renting a home for 6 months post training and just hammer away at your loans. He said to make a repayment plan and stick with it. The relief from that debt burden is amazing and worth the hard work. Need some motivation to pay off your student loans quickly? Check out this post: https://www.whitecoatinvestor.com/10-reasons-to-pay-off-your-student-loans-quickly/

    DLP is a familiar name within the WCI community as long time members of our investment opportunities list. If you want to invest with a high-growth IMPACT investor that believes in doing well …while doing good, we encourage you to check out DLP. Their real estate-backed investments build wealth and prosperity for all of their members, investors, clients and partners—plus their funds have historically had zero losses. Find out more at https://www.whitecoatinvestor.com/dlp If you are thinking of getting into investment housing, they should definitely be on your radar.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #305: Navigating a Law Suit Mar 09, 2023

    Today we interview a doc who shares their experience of navigating a law suit. While he keeps the details of the case private he shares what he learned through this long and arduous several year process. We hope you find this discussion informative as well as gives you a sense of how emotionally challenging this process can be. Read this article to learn some important things about medical malpractice: https://www.whitecoatinvestor.com/medical-malpractice/

    As healthcare evolves, it means greater opportunities for you. You can learn about the growing need for locum tenens from the creators of the industry, CompHealth. These short-term assignments allow you to pay down your student loan debt faster or earn extra income. Locums also provides flexibility of schedule and location for better work-life balance. In addition to assignments across the US and abroad, CompHealth provides personalized, high-quality service, which means exploring additional options, such as a medical mission, telehealth work, or even a permanent position, and help with your CV, contract negotiations, and more. Connect with an expert at CompHealth.com.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #108 - Hospitalist Pays off $350,000 in 18 months Mar 06, 2023

    This hospitalist tackled her $350,000 of debt in only 18 months. This physician duo got on the same financial page early in their relationship. They both agreed to live like residents and allocate everything extra to the loans. Despite living in costly Manhattan they were able to pay down the debt while still doing some travel and eating out and having some fun along the way. Their advice to you is to make a clear goal and then stick to it and to have these important financial discussions early on in your relationship.

    SoFi is here to help medical professionals like you save thousands of dollars with student loan refinancing. Right now, qualifying medical professionals can refinance their private student loans with an up to one percent rate discount. And for residents, you’ll pay just a hundred dollars monthly while in residency. Visit https://SoFi.com/WhiteCoatInvestor to see all the promotions and offers they’ve got waiting for you. SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #304: Roth's, 401(k)s and 529s Mar 02, 2023

    We always know when it is the beginning of the year because we get so many questions about retirement accounts and everything related to them. This episode answers more of your questions about employer and solo 401(k)s, 529s, backdoor Roths, the difference between traditional and roth and so much more.

    What’s changed in healthcare? The opportunities, the lifestyle, and you. Your needs, wants, and goals are probably different than they were five years ago. Now’s the perfect time to explore locum tenens opportunities. Start your research at https://locumstory.com, an unbiased, educational resource. You’ll hear true stories from physicians, learn about specialty trends, compare locums agencies, and more. Locums could be an essential part of a career that adapts to your needs. Visit https://locumstory.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #107 - Cardiologist Becomes a Millionaire Feb 27, 2023

    This cardiologist became a millionaire just 3 1/2 years out of residency. He shares with us his tips for how he achieved this milestone - live on less than you make, get rid of debt, and invest the rest. He said that managing your finances well in your early attending years can more than compensate for any financial mistakes made through the training years. Want to become a millionaire? Learn how to here: https://www.whitecoatinvestor.com/everyone-a-millionaire/

    Step away from the volatility of the markets, and put your money back to work with MLG Capital's series of private real estate investment funds. With over 35 years in the real estate industry, MLG Capital has the experience to provide investors with substantial returns and the track record to back it up, more than doubling every dollar invested through multiple investment cycles. Their series of private investment funds target an eleven to fifteen percent rate of return net to investors through tax-efficient quarterly distributions. The fund structure prioritizes generous returns to investors FIRST, before MLG can share in any profits, demonstrating their culture of absolute integrity. Experience the peace of mind that comes with investing in diversified private real estate with MLG Capital. Learn more about investing by visiting https://www.MLGCapital.com/WCI

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #303: A Random Walk Down Wall Street with Burton Malkiel Feb 23, 2023

    Our guest on the WCI podcast today is Burton Malkiel. He is the author of best selling book, A Random Walk Down Wall Street. He shares his decades of experience working in finance and investing and talks about his belief that the easy thing is not usually the smartest thing to do. Fortunately that is not the case with being an above average investor. We think you will find this conversation as educational as it is interesting.

    Laurel Road is committed to serving the financial needs of doctors, including helping you get the home of your dreams. Laurel Road’s Physician Mortgage is a home loan exclusively for physicians and dentists featuring up to 100% financing on loans of $1,000,000 or less. 1 These loans have fewer restrictions than conventional mortgages and recognize the lender’s trust in medical professionals’ creditworthiness and earning potential. Borrowers can also get up to $650 off closing costs! 2 For terms and conditions, please visit https://www.laurelroad.com/wci

    NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. All mortgage products are subject to credit and collateral approval. Mortgage products are available in all 50 U.S. states and Washington, D.C. Hazard insurance and, if applicable, flood insurance are required on collateral property. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice. 1. 100% financing is only available to interns, residents, fellows, doctors, dentists, clinical professors, researchers, or managing physicians with a current license and a degree of Doctor of Medicine (MD), Doctor of Osteopathic Medicine (DO), Doctor of Podiatric Medicine (DPM), Doctor of Dental Surgery (DDS), or Doctor of Dental Medicine (DMD). Only available when purchasing or refinancing with no cash out on a primary residence and loan amount does not exceed $1,000,000. Retired doctors are not eligible. Additional conditions and restrictions may apply. 2. Laurel Road offers up to $650 in lender's credit towards your mortgage closing costs. Credits cannot exceed borrowers’ actual costs to close. For more information refer to the Rewards Program below.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #106 - ER Doc Becomes a Millionaire Only 3 Years Out of Training Feb 20, 2023

    This is our first Milestones to Millionaire guest to come on the podcast twice! First we celebrated him paying off his student loans and he is back again to celebrate becoming a millionaire. This doc has gotten pretty heavily involved in passive real estate syndications and it has served his portfolio well. He is a finance enthusiast and loves to self manage his portfolio. His advice to you? Get educated, throw your money into VTSAX or a simple 3 fund portfolio, minimize your spending and maximize your saving and let compound interest do the rest! New to investing? Check out this post to help you get started: https://www.whitecoatinvestor.com/investing-101/

    Today’s episode is brought to us by SoFi. Right now, qualifying medical professionals can refinance their private student loans with an up to one percent rate discount. Still a resident? With SoFi Student Loan Refinancing, you could pay just a hundred dollars a month during your residency. And as a SoFi member, you’ll have access to a powerful set of tools, education, even financial planners, to help you not only save money, but help you get on the road to financial freedom. Check out their payment plans and interest rates at https://SOFI.com/WhiteCoatInvestor SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #302: Where to Store Your Money Feb 16, 2023

    Today on the podcast we are answering your questions covering an array of topics. We spend some time on where the best place to save your money is when you need to be able to access it sooner than later. We cover when it is appropriate to carry under insured motorist coverage, we break down the different kind of CDs out there and even discuss some changes made to Venmo and whether or not that might affect your taxes.

    Alexis Gallati, founder of Cerebral Tax Advisors, has more than two decades of experience in high level tax planning strategies and multi-state tax preparation. She’s also the author of the book “Advanced Tax Planning for Medical Professionals”, grew up in a family of physicians and is married to one. Medical professionals rely on Cerebral Tax Advisors for proactive tax planning strategies for doctors, helping them lower their effective tax rate and increase their wealth. If you’d like to find out more or schedule a free consultation, visit their website at https://www.cerebraltaxadvisors.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #105 - Public Health Dentist Pays Off Student Loans Feb 13, 2023

    Today we hear from a general dentist who works in public health. She explains her path to paying off her students loans only 4 1/2 years into practicing. This dentist shows us that you don't have to be making a huge salary to tackle your loans. She combined several methods to pay off her student debt including the NHSC loan repayment program, inheritance money and putting all of her extra income toward the loans. Her tips? Live like a resident, get advice from people who know more than you, budget, and make sure your spending matches your values. Want to learn about different programs to help with loan forgiveness? Check out this post: https://www.whitecoatinvestor.com/not-so-common-debt-forgiveness/

    This episode is sponsored by All Global Circle. You have valuable knowledge and can always use a little extra money. The All Global Circle community is set up to provide a clear, easy, and efficient means of communication between the pharmaceutical industry, the research industry, and those professionals who are using new developments and end products on an ongoing daily basis. If All Global Circle can't get you a survey to take within 90 days, they'll pay you a loyalty bonus just for logging in and checking a couple of times per month. By signing up at https://www.whitecoatinvestor.com/Global you'll get an extra $50 just for being a member of the WCI community.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #301: I Will Teach You To Be Rich Feb 09, 2023

    Today our guest is Ramit Sethi, of I Will Teach You To Be Rich. He has been blogging since 2004 and since then has become a podcaster, author, teacher and has created a massive following. We cover a variety of topics including why investing should be boring, why life is not like a Disney movie, and the importance of having strong communication skills around finance with you spouse or partner.

    Right now, qualifying medical professionals can refinance their private student loans with an up to one percent rate discount. Still a resident? With SoFi Student Loan Refinancing, you could pay just a hundred dollars a month during your residency. And as a SoFi member, you’ll have access to a powerful set of tools, education, even financial planners, to help you not only save money, but help you get on the road to financial freedom. Check out their payment plans and interest rates at https://SOFI.com/WhiteCoatInvestor SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #104 - Dual Physician Couple Pay Off Loans During Residency Feb 06, 2023

    This dual physician couple tackled their student loans and built a net worth of $250,000 while still in residency! How did they do it? A commitment to saving, a strong aversion to debt, and living like a resident. He believes being an avid consumer of knowledge is critical for your financial journey. Want to jump start your journey to financial freedom? Check out our course, Fire Your Financial Advisor.

    This episode is sponsor by InCrowd. Their 5-10 minute MicroSurveys use a mobile-first approach, giving physicians an easy way to participate in paid research on diverse healthcare topics. It’s medical research designed for physician schedules. Join now to be matched with studies that fit your areas of specialization at https://www.whitecoatinvestor.com/incrowd

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #300: Introduction to the Secure Act 2.0 Feb 02, 2023

    Today Dr. Dahle walks you through what changes are coming with Secure Act 2.0. He will take you through everything step by step to hopefully make sense of all of the changes for you. He also answers your questions about the backdoor Roth, estate planning, tax loss harvesting and more. If you want to read more about Secure Act 2.0 click the link: https://www.whitecoatinvestor.com/secure-act-2-0/

    What’s changed in healthcare? The opportunities, the lifestyle, and you. Your needs, wants, and goals are probably different than they were five years ago. Now’s the perfect time to explore locum tenens opportunities. Start your research at https://locumstory.com an unbiased, educational resource. You’ll hear true stories from physicians, learn about specialty trends, compare locums agencies, and more. Locums could be an essential part of a career that adapts to your needs. Visit https://locumstory.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #103 - Anesthesiologist Pays Off $369,000 in Four Years Jan 30, 2023

    This anesthesiologist pays off a huge student loan debt in only 4 years! He shares how he felt when the government froze loan payments after he had been working so hard to pay his off. He talks about the benefit of refinancing and committing to getting rid of debt as quickly as possible Need to refinance? Check out this page: https://www.whitecoatinvestor.com/student-loan-refinancing/

    The sponsor of this episode, 37th Parallel is a private multifamily acquisitions and asset management firm based in Richmond, Va. Since 2008 they have completed close to $ 1 billion in multifamily transactions with a 100% profitable track record for our clients. They provide a vertically integrated investment platform (fund and single asset investments) for high net worth, family office, and institutional investors seeking tax-advantaged income and equity growth. They specialize in Class A/B apartment communities in demographically strong markets in Texas, Georgia, Florida, and the Carolinas. Learn more about 37th Parallel and the special investment discounts available only to White Coat investors at https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #299: Grab Your Slice with Monica Scudieri Jan 26, 2023

    Today Dr. Spath has a great conversation with Monica Scudieri. She is a personal finance coach, author, and blogger who has over ten years of experience in the FIRE movement through her own journey. She is the author of Grab Your Slice of Financial Independence and writes at https://ThePieceOfThePie.com. Monica shares some of her journey around the challenges of divorce, single parenting, learning through trial and error about real estate and finances and how to make the most of life.

    As healthcare evolves, it means greater opportunities for you. You can learn about the growing need for locum tenens from the creators of the industry, CompHealth. These short-term assignments allow you to pay down your student loan debt faster or earn extra income. Locums also provides flexibility of schedule and location for better work-life balance. In addition to assignments across the US and abroad, CompHealth provides personalized, high-quality service, which means exploring additional options, such as a medical mission, telehealth work, or even a permanent position, and help with your CV, contract negotiations, and more. Connect with an expert at https://CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #102 - Psychiatrist Reaches Half Million Net Worth Jan 23, 2023

    This psychiatrist shares that she was almost surprised when she realized she had reached this milestone of a half a million dollar net worth. When combined with her spouse they are officially millionaires. What are some of her tips for success? Have detailed financial discussions with your partner so you are on the same page, pay off debt, max out retirement accounts, and know what you value. Need some help saving more? Check out this post: https://www.whitecoatinvestor.com/friday-qa-series-7-ways-to-increase-your-savings-rate/

    This episode is sponsored by All Global Circle. You have valuable knowledge and can always use a little extra money. The All Global Circle community is set up to provide a clear, easy, and efficient means of communication between the pharmaceutical industry, the research industry, and those professionals who are using new developments and end products on an ongoing daily basis. If All Global Circle can't get you a survey to take within 90 days, they'll pay you a loyalty bonus just for logging in and checking a couple of times per month. By signing up at https://www.whitecoatinvestor.com/Global , you'll get an extra $50 just for being a member of the WCI community.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #298: Leaving a Bad Advisor Jan 19, 2023

    Today Dr. Dahle answers a wide variety of your questions including what HSA contribution rules are, the importance of spending money instead of just saving it, if it is a good idea to change your financial plan to take advantage of a down market and many others! He once again talks about the importance of ditching your bad financial advisors and what to do with actively managed mutual funds when you do decide to break ties with said bad advisor.

    The sponsor of this episode, 37th Parallel is a private multifamily acquisitions and asset management firm based in Richmond, Va. Since 2008 they have completed close to $ 1 billion in multifamily transactions with a 100% profitable track record for our clients. They provide a vertically integrated investment platform (fund and single asset investments) for high net worth, family office, and institutional investors seeking tax-advantaged income and equity growth. They specialize in Class A/B apartment communities in demographically strong markets in Texas, Georgia, Florida, and the Carolinas. Learn more about 37th Parallel and the special investment discounts available only to White Coat investors at https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #101 - General Dentist Buys Private Practice Jan 16, 2023

    Today on the podcast we chat with a general dentist about his journey from the military to private practice. Not only has he purchased a practice but also hit millionaire status just over two years after buying his practice. He said being a business owner requires knowing your risk tolerance as well as having a commitment to paying off debt as quickly as possible. Want to learn more about buying into a medical or dental practice? Check out this post: https://www.whitecoatinvestor.com/evaluating-medical-practice-buy-ins/

    This episode is sponsor by InCrowd. Their 5-10 minute MicroSurveys use a mobile-first approach, giving physicians an easy way to participate in paid research on diverse healthcare topics. It’s medical research designed for physician schedules. Join now to be matched with studies that fit your areas of specialization at https://www.whitecoatinvestor.com/incrowd

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #297: A Wealth Of Common Sense with Ben Carlson Jan 12, 2023

    Ben Carlson is our guest on the podcast today. He is a financial advisor, author, blogger, podcaster and self professed introvert. Todays discussion will have a little something for everyone as they cover a broad range of topics from inflation to crypto currency to how to pick an asset allocation and stick to it. They also get into more philosophical topics such as how to not let money ruin your life.

    This episode is sponsored by All Global Circle. You have valuable knowledge and can always use a little extra money. The All Global Circle community is set up to provide a clear, easy, and efficient means of communication between the pharmaceutical industry, the research industry, and those professionals who are using new developments and end products on an ongoing daily basis. If All Global Circle can't get you a survey to take within 90 days, they'll pay you a loyalty bonus just for logging in and checking a couple of times per month. By signing up at https://www.whitecoatinvestor.com/Global, you'll get an extra $50 just for being a member of the WCI community.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #100 - Millionaire Status Achieved Jan 09, 2023

    This doc hit his first million just a few years out of residency. He advises med students to choose their specialty wisely and avoid unnecessary debt. The specialty you choose makes such a big impact on your financial future. But no matter what your income is you still have to have a financial plan and stick to it! Learn more here: https://www.whitecoatinvestor.com/investing/you-need-an-investing-plan/

    The sponsor of this episode, 37th Parallel is a private multifamily acquisitions and asset management firm based in Richmond, Va. Since 2008 they have completed close to $ 1 billion in multifamily transactions with a 100% profitable track record for our clients. They provide a vertically integrated investment platform (fund and single asset investments) for high net worth, family office, and institutional investors seeking tax-advantaged income and equity growth. They specialize in Class A/B apartment communities in demographically strong markets in Texas, Georgia, Florida, and the Carolinas. Learn more about 37th Parallel and the special investment discounts available only to White Coat investors at https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #296: Charitable Giving and Bonds Jan 05, 2023

    Today Dr. Dahle and Dr. Spath answer your questions about Charitable giving. They get into the details of charitable gift annuities, what level of transparency churches are required to have in regards to donations, answer if it is better to donate appreciated stock for charity or to use it to offset capital losses, as well as share their favorite ways to donate. After all of that they tackle an array of questions about bonds.

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, "What is locum tenens?" to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there's the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #99 - Doc Pays Off Student Loans 8 Months Into Attendinghood Jan 02, 2023

    This doc paid off his student loans in record time. He took on several moonlighting jobs during residency in order to pay down his loans while still in training. He had paid off $287,000 only 8 months into his first attending job. We think you will find his story motivating and inspiring! Want to learn more about moonlighting? Check out this article: https://www.whitecoatinvestor.com/financial-considerations-for-moonlighting-physicians/

    This episode is sponsored by All Global Circle. You have valuable knowledge and can always use a little extra money. The All Global Circle community is set up to provide a clear, easy, and efficient means of communication between the pharmaceutical industry, the research industry, and those professionals who are using new developments and end products on an ongoing daily basis. If All Global Circle can't get you a survey to take within 90 days, they'll pay you a loyalty bonus just for logging in and checking a couple of times per month. By signing up at https://www.whitecoatinvestor.com/Global, you'll get an extra $50 just for being a member of the WCI community.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #295: Your Money Or Your Life with Vicki Robin Dec 29, 2022

    Today we have an amazing guest on the podcast. Vicki Robin, author of Your Money Or Your Life and Blessing The Hands That Feed Us has a fascinating discussion with Dr. Dahle about our relationship to finances, healthcare, housing costs, and food. We are certain you will enjoy this compelling conversation.

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #98 - Entrepreneur Takes New Product to Market Dec 26, 2022

    This episode features an entrepreneur who is launching a new product and after five years of work it is finally ready for consumers. He shares his insights into what is required to create a product and take it to market. It is a long journey with a lot of ups and downs and even more learning but he believes anyone can do it. Interested in becoming an entrepreneur or creating some passive income? Check this post out: https://www.whitecoatinvestor.com/enterpreneurship-and-passive-income/

    This podcast is brought to you by MLG Capital. Over the last 35 years, MLG Capital has focused on making smart investments in real estate and building relationships with our investors. With our investor-centric fund structures, accredited investors can invest their money with confidence in funds that target diversification, prioritized cash flow, and low leverage with a unique dual-sourcing strategy. Unsure about investing due to rising inflation or volatility in the stock markets? Investing in real estate has historically been one of the best hedges against inflation. If you’re a medical professional and would like to learn more about investing with MLG, visit https://www.whitecoatinvestor.com/mlg MLG Capital. Smart Investments. Relationship Driven.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #294: Finance For the Whole Family Dec 22, 2022

    Today we answer your questions about what we are calling family finances. We tackle 529s, dependent care FSAs, what to do when you can't live like a resident, how to get your spouse involved in the finances, and roth accounts for kids. We also hear from Andrew of https://StudentLoanAdvice.com with an update on what on earth is going on with the student loan situation.

    Get the CompHealth experience and learn how locum tenens can help you pay off student loan debt faster and add flexibility to your schedule. Find jobs close to home, and CompHealth can even help you find your next full-time job too. See how CompHealth specializes in you now at https://CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #97 - Doc Pays Off $360,000 of Student Loans and Hits Millionaire Status Dec 19, 2022

    This doc reached two big milestones! She paid off her student loans and reached millionaire status just five years out of residency. This dual doc household has been taking advantage of working a little less now that they have their financial ducks in a row. Her advice to you? Maximize your retirement accounts while paying off your loans. Learn more about retirement accounts here: https://www.whitecoatinvestor.com/comparing-retirement-accounts/

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #293: Life after Financial Independence Dec 15, 2022

    We have two amazing guests on the podcast today. Physician on Fire's, Dr. Leif Dahleen, and Physician Side Gig's, Nisha Mehta are joining Dr. Dahle to talk all about life after financial independence. They cover all kinds of topics including is there such thing as too much travel? As well as the importance of creating the life you want and living that life to the fullest, the complications of managing work and time with kids and the value of working because you want to and not because you have to.

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #96 - Periodontist Pays Off $780,000 of Debt Dec 12, 2022

    This periodontist did something pretty incredible and paid of $780,000 of debt in only five years! How did they do it? By living frugally, moving to a higher paying location and staying focused on the goal. We are sure you will find this one inspiring! Want some tips on how to pay off your student loans quickly? Check out this article: https://www.whitecoatinvestor.com/how-to-pay-off-medical-school-loans-in-less-than-2-years/

    Get the CompHealth experience and learn how locum tenens can help you pay off student loan debt faster and add flexibility to your schedule. Find jobs close to home, and CompHealth can even help you find your next full-time job too. See how CompHealth specializes in you now at https://CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #292: Workplace Retirement Accounts Dec 08, 2022

    Today we are tackling all of your retirement account questions. This is a favorite subject here at WCI and we get a lot of questions about these accounts. We talk about 403(b)s, 457(b)s, mega backdoor roths, defined benefit plans and so much more.

    This episode is sponsored by First Republic Bank. When you own a professional service business, client satisfaction is your number one priority. So when it’s your turn to be the client, shouldn’t you get the same kind of treatment? At First Republic, you’ll be paired with a dedicated business banker who understands the unique needs of your company and industry. This is the banking partnership you and your team deserve. Visit https://FirstRepublic.com Member FDIC, Equal Housing Lender.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #95 - Emergency Doc is Back to Broke Dec 05, 2022

    This doc shows us that there is more than one way to go about getting back to broke. He has focused on saving, building some wealth and investing in those retirement accounts rather than putting everything he has towards student loans. He is also celebrating paying cash for a new car rather than taking on a big payment. Curious if you should pay off your student debt or invest first? Check out this article: https://www.whitecoatinvestor.com/pay-off-debt-or-invest/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #291: Tax Loss Harvest Before Year End Dec 01, 2022

    Today we get into the weeds of tax loss harvesting. With the current state of the market it looks like there are a lot of out there who have decided to tax loss harvest. Today we answer your questions about the wash sale rule as well as discuss if adding some complexity to your portfolio could create more opportunity to tax loss harvest. We also tackle some questions about taxes, the ROBS program and how to minimize your taxes as a 1099 employee.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #94 - ER Doc Pays Off Student Loans In 18 Months Nov 28, 2022

    This ER Doc paid off his student loans in just 18 months! How did he do it? He gave himself a 10% raise and continued to live like a resident and didn't feel like he was giving anything up despite living on a relatively small portion of his income. Want to get out of debt fast? Check out this post: https://www.whitecoatinvestor.com/how-fast-can-you-get-out-of-debt/

    Get the CompHealth experience and learn how locum tenens can help you pay off student loan debt faster and add flexibility to your schedule. Find jobs close to home, and CompHealth can even help you find your next full-time job too. See how CompHealth specializes in you now at https://CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #290: Thankful on Thanksgiving Nov 24, 2022

    For this episode we asked our listeners to leave us a message telling us what they are thankful for. It was clear that many of us realize how important good health is! It was wonderful and uplifting to hear from our listeners. Andrew from Student Loan Advice joins us for a few minutes to give an update on what is going on with the student loans. We also have Dr. Taniguchi, one of our Keynote speakers for WCICON tell us about what he will be talking about at the conference.

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #93 - Dermatology Resident Dumps His Lease Nov 21, 2022

    This derm resident has just begun his journey to financial independence. He is learning from mistakes made in his early years and changing his ways. Today we celebrate one of the first of what will surely be many financial milestones for him! He dumped his lease and bought a beater that he now owns outright. He is now saving for his family's future. If you want to learn more about saving while still in residency, check out this article: https://www.whitecoatinvestor.com/the-five-big-money-items-you-should-do-as-a-resident/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #289: Is It Tacky to Talk About Money? Nov 17, 2022

    Today we cover a broad range of topics from employee stock purchase plans to how to move on after you make a financial mistake. We discuss the difference between a traditional workplace 401(k) and a solo 401(k). We talk about 457(b)s, tax implications of K1 form upon partnership, and answer if you can have a solo 401(k) for each 1099 contract you have. We start this episode off discussing whether it is a good idea or not to be public about how much money you make and what you do with your money. At the end of the day we believe everyone should be able to do whatever they want with their career and their income - but it is unlikely there is any good reason to be public about that unless you are trying to make money online.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #92 - Emergency Physician Gets Back to Broke Nov 14, 2022

    This new attending figured out early the importance of having a plan and sticking to it. Now just one year out of residency he has gotten back to broke and is growing his networth fast. He shows us that with just a little research and effort you can set yourself up for success. Want to learn how to be a DIY investor? Check out this post: https://www.whitecoatinvestor.com/how-to-be-a-do-it-yourself-investor/

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #288: Real Estate Q&A Nov 10, 2022

    Today we are talking all about real estate. We give some guidance on asset allocation with real estate and where to put your money if you are saving up for a big real estate investment. We discuss if it is a good idea to have an LLC for real estate investments and if it is possible to negotiate your rent in this market. We talk about the importance of cash cushions in retirement and I answer if we are rethinking our investment mix since creating our new, No Hype Real Estate course. The short answer to that is no. We created this because we saw a need for a "just the facts, ma'am" kind of course. There can be a lot of hype in real estate and we want our audience to learn the basics as well as determine what kind of real estate investing is right for them. This space can feel really complicated and overwhelming to get into. Frankly, it can be! So check out https://whitecoatinvestor.com/nohype to see if we can't help you get started on your real estate journey.

    This episode is sponsored by First Republic Bank. When you own a professional service business, client satisfaction is your number one priority. So when it’s your turn to be the client, shouldn’t you get the same kind of treatment? At First Republic, you’ll be paired with a dedicated business banker who understands the unique needs of your company and industry. This is the banking partnership you and your team deserve. Visit https://FirstRepublic.com today to learn more. Member FDIC, Equal Housing Lender.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #91 - OBGYN Builds Wealth Nov 07, 2022

    Dr. Spath interviews an OBGYN doc in his final year of residency. He has managed to pay off a significant amount of loans, save an emergency fund, and contribute to a Roth IRA with a wife and 4 children while in residency on 1 income. How did he do it? They have a written financial plan, a budget and a save first mindset. He teaches us that even as a resident you can save money and pay down debt. Want to learn more about emergency funds? Check out this post: https://www.whitecoatinvestor.com/where-to-keep-emergency-funds/

    Get the CompHealth experience and learn how locum tenens can help you pay off student loan debt faster and add flexibility to your schedule. Find jobs close to home, and CompHealth can even help you find your next full-time job too. See how CompHealth specializes in you now at https://CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #287: House Hacking With Dr. Ayush Gupta Nov 03, 2022

    Today we have a great guest on the podcast. Dr. Ayush Gupta is a pediatric emergency physician who started https://MDHouseHacking.com He will be teaching us all about what house hacking is, what the benefits and risks are, how to find great tenants, whether long or short term rentals are better, and why he thinks this is the best way for residents and even med students to get started with real estate investing.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #90 - Orthopedic Surgeon Builds Wealth By Living Like a Resident Oct 31, 2022

    This doc shows us how quickly you can build wealth by living like a resident. He talks about the importance of learning to invest early and to begin investing as early as possible. Living like a resident doesn't mean you don't get to enjoy life. You can still take trips, or go to your favorite restaurant. But you also pay yourself first, invest in your retirement accounts and save more than you spend. Learn more about how to live like a resident here: https://www.whitecoatinvestor.com/live-like-a-resident/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #286: Comparing Retirement Accounts Oct 27, 2022

    Today we are answering your questions about retirement accounts. We discuss SEP IRAs, Roth IRAs versus traditional, 403(b) versus 457(b) and more. We also answer some questions about pregnancy and healthcare and comparing safer investments. We have three guests on today from one of our recommended financial advisors, Personal Choice Financial Advisors. They will tackle a few of your questions to help you get a sense of who they are.

    This episode is sponsored by First Republic Bank. When you own a professional service business, client satisfaction is your number one priority. So when it’s your turn to be the client, shouldn’t you get the same kind of treatment? At First Republic, you’ll be paired with a dedicated business banker who understands the unique needs of your company and industry. This is the banking partnership you and your team deserve. Visit https://FirstRepublic.com today to learn more. Member FDIC, Equal Housing Lender.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #89 - Pediatric Hospitalist Pays Off $270,000 in Student Loans Oct 24, 2022

    This pediatric hospitalist said that while consistency and discipline may not be glamorous, they sure are effective. This doc understands the meaning of stay the course! Get a financial plan in place and stick with it and you too can knock out those student loans and begin to build wealth. Learn more about building wealth as a physician here: https://www.whitecoatinvestor.com/building-physician-wealth/

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #285: Physician Assistant Financial Education Oct 20, 2022

    Today we are interviewing PAs, Beth Macintire and Katie Bean. We know that most of our audience are physicians and dentists, but there is a healthy segment of you out there that are other medical professionals, such as PAs, as well as nonmedical professionals. This group is still a six-figure income, but maybe not the higher incomes that many doctors have. A lot of the information in this discussion applies not just to PAs, but to many of those other kinds of professionals as well. Today we are going to talk about the challenges of PA School, the cost of school, how to handle debt, what kind of job opportunities are out there for PAs at what salaries as well as what doing a fellowship or residency can do for you. We discuss if PAs can FIRE and if the cost of education is worth the investment. This interview will have something for everyone.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #88 - Sports Medicine Doc Pays Off $287,000 in 2 Years Oct 17, 2022

    We love to showcase that no matter what your income is you can pay down your loans and build wealth! This doc demonstrates just that. By making good financial decisions and being consistent you will find yourself on your way to financial independence. Find 7 helpful steps for doctors to pay off student debt quick here: https://www.whitecoatinvestor.com/how-to-pay-off-medical-school-loans-in-less-than-2-years/

    Get the CompHealth experience and learn how locum tenens can help you pay off student loan debt faster and add flexibility to your schedule. Find jobs close to home, and CompHealth can even help you find your next full-time job too. See how CompHealth specializes in you now at CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #284: HSAs, 529s, and Donor Advised Funds Oct 13, 2022

    Dr. Dahle and Dr. Spath tackle your questions around HSAs—specifically the reimbursement process and if you can reimburse yourself for past expenses before the HSA is open. Hint: You cannot! They also get into opening 529 accounts for family members that are not your children. They talk about charitable giving and the fees that are often associated with that as well as donor advised funds and asset allocation inside of those. They answer a few different asset allocation questions, which is always interesting because determining asset allocation in any category is always personal and the answer to every question is, "It depends." They also answer questions about TIPS, captive insurance, and more. See the full show notes here: https://www.whitecoatinvestor.com/hsas-529s-and-donor-advised-funds-284 Laurel Road, the sponsor of this episode, is committed to serving the financial needs of doctors, including helping you manage medical school debt. Now, when you open a Laurel Road Linked Checking account during student loan refinancing, you can get a $300 cash bonus with $2,500 in direct deposits, 1 and qualify for an introductory 0.25% off your interest rate for the first 3 months. 2 Plus, White Coat Investor readers receive a $550 cash bonus when they refinance student loans with Laurel Road. 3 For terms and conditions, please visit www.laurelroad.com/wci.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #87 - Flight Surgeon Building Wealth Oct 10, 2022

    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 for “low income” doctors here: https://www.whitecoatinvestor.com/financial-advice-for-low-income-doctors/

    DLP is a familiar name within the WCI community as long time members of our investment opportunities list. If you want to invest with a high-growth IMPACT investor that believes in doing well …while doing good, we encourage you to check out DLP. Their real estate-backed investments build wealth and prosperity for all of their members, investors, clients and partners—plus their funds have historically had zero losses. Find out more at https://www.whitecoatinvestor.com/dlp. If you are thinking of getting into investment housing, they should definitely be on your radar.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #283: Preparing Financially for the Unexpected with Dr. Josh Daily Oct 06, 2022

    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 his wisdom on how to prepare financially for the unexpected, including what he wishes he would have done differently. He also talks about the importance of cultivating relationships and making the most of life because you never know when your life will change. See the full show notes here: https://www.whitecoatinvestor.com/preparing-financially-for-the-unexpected-with-dr-josh-daily-283

    This episode is sponsored by First Republic Bank. First Republic provides tailored solutions to individuals and businesses with their financial needs at any stage of life. Whether you're opening a savings account, buying your first home, or starting a family, First Republic's commitment to personal service is designed to change the way you feel about banking. Visit https://firstrepublic.com today to learn more. Member FDIC and Equal Housing Lender.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #86 - Multimillionaire OBGYN Oct 03, 2022

    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, and be the tortoise not the hare. You will win the race. He is clearly financial independent but continues to practice medicine. If that sounds like you, check out things to do besides retire when you reach financial independence. https://www.whitecoatinvestor.com/8-things-to-do-with-financial-independence-besides-retire-early/

    This podcast is brought to you by the Peak Housing REIT, an investment opportunity that enables you to passively invest in single family rental units at scale. With a minimum investment of $25,000 the Peak housing team can immediately put your money to work across 7 rapidly growing markets in the U.S. To learn more about the Peak Housing REIT visit https://www.whitecoatinvestor.com/peak

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #282: Fiduciary Financial Advisors Sep 29, 2022

    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. There are some financial professionals that have a legal fiduciary duty to you but there are a lot of people out there who call themselves financial advisors who don't actually have a fiduciary duty to you. We discuss what you can do when someone does not act as a fiduciary. We also answer your questions about dollar cost averaging, state specific municipal bond funds, and TSPs. See full show notes here: https://www.whitecoatinvestor.com/classic-blog/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #85 - Nurse Practitioner Millionaire Sep 26, 2022

    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 million dollars. You become a millionaire by not spending a million dollars that you could have spent. Don’t give into these ways that people spend too much money. https://www.whitecoatinvestor.com/ten-reasons-doctors-spend-too-much-money/

    Get the CompHealth experience and learn how locum tenens can help you pay off student loan debt faster and add flexibility to your schedule. Find jobs close to home, and CompHealth can even help you find your next full-time job too. See how CompHealth specializes in you now at https://CompHealth.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #281: Physician Entrepreneurism and Venture Capital With Dr. John Shufeldt Sep 22, 2022

    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 of starting up a business. He walks through how to scale, mistakes he made over the years, raising money, selling your business and so much more. See the full show notes here: https://www.whitecoatinvestor.com/physician-entrepreneurism-and-venture-capital-with-dr-john-shufeldt-281

    PearsonRavitz are disability and life insurance advisors founded by and for physicians. This White Coat Investor recommended agency grew out of one MD's experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. PearsonRavitz makes human connections before they make quotes. Go to https://pearsonravitz.com to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #84 - Primary Care Doc Gets Back to Broke Sep 19, 2022

    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 kind of a plan, have a reasonable amount of financial discipline and you will make progress. You will have the success that you want. This post will help you get a plan: https://www.whitecoatinvestor.com/how-to-write-an-investing-personal-statement/

    This podcast is brought to you by MLG Capital. Over the last 35 years, MLG Capital has focused on making smart investments in real estate and building relationships with our investors. With our investor-centric fund structures, accredited investors can invest their money with confidence in funds that target diversification, prioritized cash flow, and low leverage with a unique dual-sourcing strategy. Unsure about investing due to rising inflation or volatility in the stock markets? Investing in real estate has historically been one of the best hedges against inflation. If you’re a medical professional and would like to learn more about investing with MLG, visit https://www.whitecoatinvestor.com/mlg MLG Capital. Smart Investments. Relationship Driven.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #280: Asset Allocation, International Stocks, Bonds, Small and Mid-Cap Value Factors Sep 15, 2022

    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 independent. We discuss if it is even worth investing in international when US stocks are doing so well. Bonds continue to disappoint, and we continue to give the same message—stay the course. Once we talked all about asset allocation and investing, we move on to what you do once you have invested your money. You spend it. Funny enough, for some people, spending money is even harder than saving it. There is no point in having money if you are not going to spend it. Live a little! See full show notes here: https://www.whitecoatinvestor.com/asset-allocation-international-stocks-bonds-small-and-mid-cap-value-factors-280

    A lot of physicians have questions about locum tenens, and locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://www.whitecoatinvestor.com/locumstory and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #83 - Anesthesiologist Gets Back to Broke Sep 12, 2022

    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 resident really works! https://www.whitecoatinvestor.com/live-like-a-resident/

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #279: Roth Options and Questions Sep 08, 2022

    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 process won't work, why we hate simple IRAs and more. We also discuss why so many docs are looking into side gigs and FIRE right now. Read the full show notes here: https://www.whitecoatinvestor.com/roth-options-and-questions-279

    First Republic provides tailored solutions to individuals and businesses with their financial needs — at any stage of life. Whether you’re opening a savings account, buying your first home or starting a family, First Republic’s commitment to personal service is designed to change the way you feel about banking. Visit http://FirstRepublic.com today to learn more. Member FDIC, Equal Housing Lender

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #82 - Gynecologist Gets Back to Broke Sep 05, 2022

    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 building wealth works. It takes time. It isn’t a get rich quick scheme. But it will work. You will become rich. https://www.whitecoatinvestor.com/why-youre-going-to-be-rich/

    A lot of physicians have questions about locum tenens, and locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #278: Recession Proof Investments Sep 01, 2022

    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 implies you need a different investment strategy depending on what the market is doing. It shouldn't surprise any followers that we don't think this is true. Are we even in a recession? We dive into this question as well as answer your questions about what to do with your money with the current state of the economy. Buy I bonds, savings bonds, pay off rental property mortgages? With a cloudy crystal ball, Dr Spath and Dr. Dahle try to answer your questions in this episode. See full show notes here: https://www.whitecoatinvestor.com/recession-proof-investments-278

    Laurel Road is committed to serving the financial needs of doctors like you. You take care of us. It’s time someone took care of you. With Laurel Road’s Physician Mortgage, you can get a 0.25% rate discount11 when you take out a new mortgage or refinance your existing mortgage. Specially designed for doctors, this physician mortgage has options for 100% financing13 , with no private mortgage insurance required14 that could mean lower monthly payments. For terms and conditions, please visit www.laurelroad.com/wci.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #81 - Orthodontist Pays Off $540K In 4 Years Aug 29, 2022

    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 thought it would be, turning it into a game. Having won that game she now has the freedom to cut back at work or explore other opportunities if her heart desires. Make a plan for your loans and get it done. If you need help with that plan check out https://studentloanadvice.com/

    DLP is a familiar name within the WCI community as long time members of our investment opportunities list. If you want to invest with a high-growth IMPACT investor that believes in doing well …while doing good, we encourage you to check out DLP. Their real estate-backed investments build wealth and prosperity for all of their members, investors, clients and partners—plus their funds have historically had zero losses. Find out more at https://www.whitecoatinvestor.com/dlp . If you are thinking of getting into investment housing, they should definitely be on your radar.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #277: Nonclinical Work for Physicians Aug 25, 2022

    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 replace your clinical work completely, this episode will provide several ideas for you to think about. We have covered side gigs many times on the blog but we thought a reminder here on the podcast would be useful. We also answer some of your questions about FSAs, non-qualified deferred compensation plans, how to save money as a resident, how to manage the student loan freeze and even whether or not organic food is worth the money. See the full show notes here: https://www.whitecoatinvestor.com/nonclinical-work-for-physicians-277

    The folks at SoFi are the ones who help you get your money right. They've got exclusive rates and offers to help medical professionals like you when it comes to refinancing your student loans, and that could end up saving you thousands of dollars. Still in residency? SoFi offers low interest rates and the ability to whittle down your payments to just $100 a month while you're still in school. Already out of residency? SoFi's got you covered there too with great rates that can help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestor. SoFi student loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS #696891.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #80 - Dual Physician Couple Pays off Loans and Becomes Millionaires Aug 22, 2022

    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 moderation in all things. As graduates of a Caribbean medical school, they took the gamble https://www.whitecoatinvestor.com/international-medical-school-the-biggest-gamble-of-your-life/ and it paid off.

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #276: 529s, I bonds, TIPS, S Corps, ETFs and 403(b)s Aug 18, 2022

    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 interest on iBonds works and go into why TIPs have been performing pretty poorly as of late. We dive into the tax implications for S Corps and talk about why it is not a great idea to purchase ETFs after hours. See the full show notes here: https://www.whitecoatinvestor.com/529s-i-bonds-tips-s-corps-etfs-and-403bs-276

    Today’s episode is brought to us by SoFi, the folks who help you get your money right. They’ve got exclusive rates and offers to help medical professionals like you when it comes to refinancing your student loans—and that could end up saving you thousands of dollars. Still in residency? SoFi offers low-interest rates and the ability to whittle down your payments to just $100 a month* while you’re still in school. Already out of residency? SoFi’s got you covered there too, with great rates that could help you save money and get on the road to financial freedom.Check out their payment plans and interest rates at https://www.sofi.com/whitecoatinvestor SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #79 - Pilot Gets Back to Broke Aug 15, 2022

    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 really hard and having a plan for every dollar. If your budgeting skills could use some help, check out this article. https://www.whitecoatinvestor.com/how-to-set-up-a-budget/

    This podcast is brought to you by the Peak Housing REIT, an investment opportunity that enables you to passively invest in single family rental units at scale. With a minimum investment of $25,000 the Peak housing team can immediately put your money to work across 7 rapidly growing markets in the U.S. To learn more about the Peak Housing REIT visit https://www.whitecoatinvestor.com/peak

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #275: The Buy, Borrow, and Die Strategy Aug 11, 2022

    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 your other questions. We tackle subjects like capital gains, disability policies for mental health, debt funds, enhanced cash management portfolio, title insurance and more. See the full show notes here: https://www.whitecoatinvestor.com/the-buy-borrow-and-die-strategy-275

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://www.whitecoatinvestor.com/locumstory and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #78 - Oncologist Multimillionaire Aug 08, 2022

    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 filling her time with many interesting activities. Your 50s are not too late to learn to invest. It is never too late to start saving https://www.whitecoatinvestor.com/late-start-retirement-savings/

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #274: Setting Up Your Portfolio 101 Aug 04, 2022

    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 there really isn't all that much to it. The great part of setting up your portfolio is that once you do it, you can stick with it forever with very few changes. We will also answer a handful of your questions about portfolio allocation, HSAs vs. FSAs, ESOPs and which retirement accounts to fund first. See full show notes here: https://www.whitecoatinvestor.com/setting-up-your-portfolio-101-274

    Now is a great time to start thinking about reviewing your last tax plan or starting a new one to make sure you're taking advantage of all the available strategies. Waiting too long into the year can result in lost opportunities to keep more of your hard-earned money in your pocket. If you haven't heard about Cerebral Tax Advisors, physicians all over the country work with them to lower their personal and business taxes through court-tested and IRS-approved tax strategies. Medical professionals rely on Cerebral Tax Advisors for proactive tax planning strategies for doctors helping them lower their effective tax rate and increase their wealth. If you'd like to find out more, schedule a pre-consultation, visit their website at https://www.cerebraltaxadvisors.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #77 - Radiology Resident Gets Back to Broke Aug 01, 2022

    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 income to build wealth and pay off debt. Get in the habit of saving something as a resident. You won’t get rich as a resident but you are building habits that will bring wealth as your income increases. Here is a financial guide for all you residents to follow! https://www.whitecoatinvestor.com/financial-guide-for-residents/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #273: Tax Credits and Passive vs. Actively Managed Funds Jul 28, 2022

    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 during retirement and a host of other topics. We also have a husband and wife doctor duo on the podcast. They are guests we have had before and the creators of the online course Zero to Freedom that will teach you all about cash flowing real estate properties. See full show notes here: https://www.whitecoatinvestor.com/tax-credits-and-passive-vs-actively-managed-funds-273

    SoFi has exclusive rates and offers for medical professionals, which could help you save thousands by refinancing your student loans. If you're still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you're out of residency, SoFi's great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestor . SoFi student loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #76 - Naturopathic Medicine Physician is Back to Broke Jul 25, 2022

    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 up on your financial goals. Learn 3 tips for negotiating here: https://www.whitecoatinvestor.com/3-negotiation-tips/

    SoFi has exclusive rates and offers for Medical Professionals, which could help you save thousands by refinancing your student loans. If you’re still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you’re out of residency, SoFi’s great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestorpod

    SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #272: Father and Son Physician Duo Does Direct Real Estate Jul 21, 2022

    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 children about finances and hard work. The father is now at the end of his long real estate investing career and we discuss what that looks like and what his son has taken from the lessons and experiences watching his dad be successful financially as he embarks on his own medical career. See full show notes here: https://www.whitecoatinvestor.com/father-and-son-physician-duo-does-direct-real-estate-272

    SoFi has exclusive rates and offers for medical professionals, which could help you save thousands by refinancing your student loans. If you're still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you're out of residency, SoFi's great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestor SoFi student loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS696891.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #75 - Postdoc Pays Off High Interest Debt Jul 18, 2022

    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 celebrate with him today that he has paid off all of that high interest debt. With a $48K income as a postdoc and interest rates on the cards between 26-29% it was way harder than he thought! If you have debt hanging over your head here are some guiding principles for managing it: https://www.whitecoatinvestor.com/ten-guiding-principles-for-physician-debt-management/

    SoFi has exclusive rates and offers for Medical Professionals, which could help you save thousands by refinancing your student loans. If you’re still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you’re out of residency, SoFi’s great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestorpod SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #271: Physician Online Advocacy with KevinMD Jul 14, 2022

    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 subjects including advocacy online, combating misinformation, managing your online reputation, and physician burnout. See full show notes here: https://www.whitecoatinvestor.com/physician-online-advocacy-with-kevinmd-271

    SoFi has exclusive rates and offers for Medical Professionals, which could help you save thousands by refinancing your student loans. If you’re still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you’re out of residency, SoFi’s great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestorpod SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #74 - Urologist Millionaire Jul 11, 2022

    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 that reinforce your investing plan. These victories, for this couple, increased their savings rate far beyond what they thought possible while focusing on spending that made them happy. Make sure you are spending your money on what makes you happy! https://www.whitecoatinvestor.com/spend-your-money-on-what-makes-you-happy/

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


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

    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 you to remember to stay the course. Bear markets are an expected part of investing. They happen every few years. Don't deviate from your financial plan. Take this opportunity to do some tax-loss harvesting and then stay the course. We have had all kinds of questions about tax-loss harvesting and we will tackle those in this episode as well as a few questions regarding side gigs, mortgages, 529s and UGMA accounts. See full show notes here: https://www.whitecoatinvestor.com/tax-loss-harvesting-mortgages-side-gigs-and-more-270

    Now is a great time to start thinking about reviewing your last tax plan or starting a new one to make sure you're taking advantage of all the available strategies. Waiting too long into the year can result in lost opportunities to keep more of your hard-earned money in your pocket. If you haven't heard about Cerebral Tax Advisors, physicians all over the country work with them to lower their personal and business taxes through court-tested and IRS-approved tax strategies. Medical professionals rely on Cerebral Tax Advisors for proactive tax planning strategies for doctors helping them lower their effective tax rate and increase their wealth. If you'd like to find out more, schedule a pre-consultation, visit their website at https://www.cerebraltaxadvisors.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #73 - Radiologist Pays Off Student Loans Jul 04, 2022

    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’ sacrifice for funding a 529 so he could do medical school with only $75K in debt. This lower debt freed him up to have no limitations on the job he could accept post training. Are you funding a 529 for your kids? https://www.whitecoatinvestor.com/tax-break-for-the-rich-the-529-account-back-to-basics-series/

    At PKA Insurance Group Inc – Pradeep Audho, and his team, are independent insurance brokers with a focus on Disability and Life insurance. Protecting your family & income in the event of a death or disability is extremely important. There is now an A+ rated carrier offering up to $7.5M of term life insurance without a medical exam. If you qualify medically, approval is possible within 15 minutes. Avoiding the exam could be ideal for busy professionals. Reach out to PKA Insurance today to discuss your Disability or Life insurance needs – Call 1-800-258-1018 - OR - email at info@pkainsurance.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #269: Infertility Among Doctors Jun 30, 2022

    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 fertility challenges are twice as common among physicians as it is in the general population. Infertility treatments are mentally and physically taxing, not to mention really expensive. It is a complicated process in so many different ways. We are grateful to these two physicians for being willing to share their knowledge and their stories. Full show notes here https://www.whitecoatinvestor.com/infertility-among-doctors-269

    PearsonRavitz are disability and life insurance advisors founded by and for physicians. This White Coat Investor recommended agency grew out of one MD's experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset, your income so you can protect the most important people in your life, your family. PearsonRavitz makes human connections before they make quotes. Go to https://www.pearsonravitz.com/wci/ to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #72 - Electrical Engineer Millionaire Jun 27, 2022

    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 interest in finances is worth a lot. Increase your interest in learning about finances and you can reach the same success. This is a great place to start https://www.whitecoatinvestor.com/new-to-the-blog-start-here/

    Now, SoFi has exclusive rates and offers for Medical Professionals, which could help you save thousands by refinancing your student loans. If you’re still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you’re out of residency, SoFi’s great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestorpod

    SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #268: When Is It Time to Stop Being Cheap? Jun 23, 2022

    In this episode we talk about when it is time to stop being so cheap and when to loosen the purse strings. For those of us that spend the many years of residency and early attending years being extremely frugal, it can be hard to know when and how to change that. We cover several questions that you can ask yourself to know if it is time to start having some fun with your money. We also tackle some reader questions regarding tax-loss harvesting with Bitcoin, asset protection for cars, and when you should change your investment strategy if the markets are bad. Hint: You don't! See full show notes here: https://www.whitecoatinvestor.com/when-is-it-time-to-stop-being-cheap-268

    Provider Solutions & Development are expert recruitment advisors with 20-plus years of experience and exclusive access to hundreds of positions nationwide. Recruitment had to change, so they took away quotas and started listening to clinicians. Whenever your next career move happens, you deserve a job search partner who considers who you are before looking for your next role. Find the place you're meant to be. Reach out to one of their career navigators today at https://info.psdconnect.org/whitecoatinvestor

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #71 - Neurologist Millionaire Jun 20, 2022

    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 a month (still with a great income), a multi-millionaire, and on CoastFI. Quite an inspiration. Learn more about the different types of FI here https://www.whitecoatinvestor.com/the-fire-movement/

    This podcast is brought to you by MLG Capital. Over the last 35 years, MLG Capital has focused on making smart investments in real estate and building relationships with our investors. With our investor-centric fund structures, accredited investors can invest their money with confidence in funds that target diversification, prioritized cash flow, and low leverage with a unique dual-sourcing strategy. Unsure about investing due to rising inflation or volatility in the stock markets? Investing in real estate has historically been one of the best hedges against inflation. If you’re a medical professional and would like to learn more about investing with MLG, visit https://whitecoatinvestor.com/mlg MLG Capital. Smart Investments. Relationship Driven.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #267: Non Food Franchising Jun 16, 2022

    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 with a lot of franchises out there but they all tend to be restaurants. He specializes in other franchises. We talk with him about the idea of a franchise as an occupation, as a business, as a side gig, or as an investment. See full show notes here https://www.whitecoatinvestor.comnon-food-franchising-267

    Laurel Road is committed to serving the financial needs of doctors like you. You take care of us. It’s time someone took care of you. With Laurel Road’s Physician Mortgage, you can get a 0.25% rate discount*11 when you take out a new mortgage or refinance your existing mortgage. Specially designed for doctors, this physician mortgage has options for 100% financing*12 , with no private mortgage insurance required*13– that could mean lower monthly payments. For terms and conditions, please visit https://www.laurelroad.com/wci Laurel Road is a brand of KeyBank N.A. Equal Housing Lender. NMLS #399797.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #70 - Academic Pharmacist Millionaire Jun 13, 2022

    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 8 ways you can do that https://www.whitecoatinvestor.com/make-it-automatic/

    DLP is a familiar name within the WCI community as long time members of our investment opportunities list. If you want to invest with a high-growth IMPACT investor that believes in doing well …while doing good, we encourage you to check out DLP. Their real estate-backed investments build wealth and prosperity for all of their members, investors, clients and partners—plus their funds have historically had zero losses. Find out more at https://www.whitecoatinvestor.com/dlp . If you are thinking of getting into investment housing, they should definitely be on your radar.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #266: Employer Health Insurance Plans: PPO vs. HDHP Jun 09, 2022

    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 the difference between bronze and silver and platinum plans and talk about why HSAs are so awesome. They answer questions about when you should or should not pay cash for your house and if 1099 employees need to create an LLC or not. See the full show notes here: https://www.whitecoatinvestor.com/employer-health-insurance-plans-and-ppo-versus-hdhp-266

    Now is a great time to start thinking about reviewing your last tax plan or starting a new one to make sure you're taking advantage of all the available strategies. Waiting too long into the year can result in lost opportunities to keep more of your hard-earned money in your pocket! If you haven’t heard about Cerebral Tax Advisors, physicians all over the country work with them to lower their personal and business taxes through court-tested and IRS approved tax strategies. Medical professionals rely on Cerebral Tax Advisors for proactive tax planning strategies for doctors, helping them lower their effective tax rate and increase their wealth. Alexis Gallati, founder of Cerebral Tax Advisors, has nearly two decades of experience in high level tax planning strategies and multi-state tax preparation. She’s also the author of the book “Advanced Tax Planning for Medical Professionals”, grew up in a family of physicians and is married to one. Cerebral’s services are flat-rate and they are focused on their client's return on investment. If you’d like to find out more or schedule a free consultation, visit their website at https://www.cerebraltaxadvisors.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #69 - Graduating Medical School Debt Free Jun 06, 2022

    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 her means, applied to all scholarships she laid her eyes on, and had a supportive partner. Together they achieved the goal of a debt free medical education. Read about another inspiring debt free education here https://www.whitecoatinvestor.com/my-plan-to-graduate-medical-school-debt-free/

    At PKA Insurance Group Inc – Pradeep Audho, and his team, are independent insurance brokers with a focus on Disability and Life insurance. Protecting your family & income in the event of a death or disability is extremely important. There is now an A+ rated carrier offering up to $7.5M of term life insurance without a medical exam. If you qualify medically, approval is possible within 15 minutes. Avoiding the exam could be ideal for busy professionals. Reach out to PKA Insurance today to discuss your Disability or Life insurance needs – Call 1-800-258-1018 - OR - email at info@pkainsurance.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #265: Physician on FIRE Q&A Jun 02, 2022

    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 rates, 529s and tax loss harvesting plus he shares his journey from a practicing anesthesiologist to an early retiree at 43. See full show notes here https://www.whitecoatinvestor.com/physician-on-fire-qa-265

    Shopping for disability insurance is complicated. Wondering if you are getting the right coverage, unbiased advice, along with the best prices and discounts can make the process even more overwhelming. Pattern knows doctors have more important things to do than spend hours sorting through numerous insurance options. This is why thousands of White Coat Investor’s followers have trusted Pattern to help them compare and understand the disability insurance they are buying. Their online process is simple: First, request your quotes online. Second, compare your options and ask questions. And third, secure your policy. Be confident you have the right policy at the best price. Request your disability insurance quotes with Pattern at https://patternlife.com/wcipodcast

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #68 - Surgeon Builds Wealth By Living Like a Resident May 30, 2022

    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. Maxed out tax protected accounts and put the rest toward paying off the debts, 60-70% of their income. Living like a resident works! https://www.whitecoatinvestor.com/live-like-a-resident/

    This podcast is brought to you by the Peak Housing REIT, an investment opportunity that enables you to passively invest in single family rental units at scale. With a minimum investment of $25,000 the Peak housing team can immediately put your money to work across 7 rapidly growing markets in the U.S. To learn more about the Peak Housing REIT visit https://www.whitecoatinvestor.com/peak

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #264: Interest Rates, Inflation, and I Bonds May 26, 2022

    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 in total US stock market versus international, the Japanese markets in the 1980s, and global overpopulation. See the full show notes here https://www.whitecoatinvestor.com/interest-rates-inflation-and-i-bonds-264

    Bob Bhayani is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or if you just need to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today. You can email info@drdisabilityquotes.com or call (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #67 - Family Doc Pays Off $184K May 23, 2022

    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 chugging along. Patience is hard but is required for success. Just like medical training, it is not simply about intelligence but also about perseverance. Stay the course! https://www.whitecoatinvestor.com/why-staying-the-course-is-hard/

    Shopping for disability insurance is complicated. Wondering if you are getting the right coverage, unbiased advice, along with the best prices and discounts can make the process even more overwhelming. Pattern knows doctors have more important things to do than spend hours sorting through numerous insurance options. This is why thousands of White Coat Investor’s followers have trusted Pattern to help them compare and understand the disability insurance they are buying. Their online process is simple: First, request your quotes online. Second, compare your options and ask questions. And third, secure your policy. Be confident you have the right policy at the best price. Request your disability insurance quotes with Pattern at https://patternlife.com/wcipodcast

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


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

    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 conversation. Our guest is Jeffrey W. Ross MD, MBA. He is the founder of Vailshire Capital Management and Vailshire Partners hedge fund. He was a speaker at the Bitcoin 2022 Conference, and he is a board-certified radiologist. He's an interventional radiologist fellowship-trained, and just retired last year in 2021. He has contributed to the Motley Fool as well as Seeking Alpha. We talk all about Bitcoin and Crypto currency and why it is or is not a viable form of currency and if it is something we should buy into - or not. We know this is a controversial topic with the WCI audience so we hope you find this conversation interesting! https://www.whitecoatinvestor.com/investing-in-crypto-assets-with-hedge-fund-manager-jeff-ross-md-mba

    Our sponsor Bob Bhayani is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or if you just need to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today. You can email info@drdisabilityquotes.com or call (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #66 - Living Like a Resident Really Works May 16, 2022

    This Professor in palliative medicine and physical therapist spouse paid off $339K in 3 years by living like a resident (https://www.whitecoatinvestor.com/live-like-a-resident/) on $60-80K/year. They paid a third of their income toward loans, refinancing a couple of times for lower rates. Along the way they maxed out their tax deferred accounts and worked hard to gain a financial education together. They want to spend their money in ways that increase their happiness and paying off their student loans did that!

    PearsonRavitz are disability and life insurance advisors founded by and for physicians. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. PearsonRavitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #262: Kids (and Engagement Rings) Are Expensive! And What Is the Future of WCI? May 12, 2022

    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 childcare and how to get a little cutback on the cost of that. We also discuss how much is reasonable to spend on an engagement ring, debate if second homes are worth purchasing, discuss the merits (or lack thereof) of robo-advisors, and review some of the ins and outs of Roth conversions. See show notes here: https://www.whitecoatinvestor.com/kids-are-expensive-262

    Our sponsor, Bob Bhayani is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or if you just need to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today. You can email info@drdisabilityquotes.com or call (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #65 - Family Doc Achieves $0 Net Worth May 09, 2022

    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 savings rate of 60-70%! Tracking their lifestyle inflation percentage, concrete spending/savings goals and monthly financial meetings together have catapulted them to their goals. Here are some ideas for working together with your partner on your finances. https://www.whitecoatinvestor.com/7-ways-to-get-your-partner-on-board-financially/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #261: The Only Investment Guide You'll Ever Need With Andrew Tobias May 05, 2022

    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 financial plans, changes in the financial world during his career, crypto, venture investing, meme stocks, inflation, and high earners' financial mistakes. See full show notes here https://www.whitecoatinvestor.com/the-only-investment-guide-youll-ever-need-with-andrew-tobias

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #64 - Back to Broke May 02, 2022

    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 that could help you get ahead like he had in NYC and using geographic arbitrage https://www.whitecoatinvestor.com/geographic-arbitrage-pof/ like he did after training in the city. Earning above average and saving above average will change your financial life quickly.

    At PKA Insurance Group Inc – Pradeep Audho, and his team, are independent insurance brokers with a focus on Disability and Life insurance. Protecting your family & income in the event of a death or disability is extremely important. There is now an A+ rated carrier offering up to $7.5M of term life insurance without a medical exam. If you qualify medically, approval is possible within 15 minutes. Avoiding the exam could be ideal for busy professionals. Reach out to PKA Insurance today to discuss your Disability or Life insurance needs – Call 1-800-258-1018 - OR - email at info@pkainsurance.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #260: Self Employed Retirement Accounts Q&A Apr 28, 2022

    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 defined benefit plan. Do a backdoor Roth IRA and a health savings account. Those are your retirement plans for a self-employed doc. That's the basic setup. Anything you want to save above and beyond that goes in a taxable account. So it is not that complicated. When you get into all the details though, there can be a lot more questions. We tackle those questions in this episode. See show notes here https://www.whitecoatinvestor.com/self-employed-retirement-accounts-qa-260/

    Bob Bhayani is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or if you just need to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today. You can email info@drdisabilityquotes.com or call (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #63 - Chemical Engineer Millionaire Apr 25, 2022

    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 by your place of employment. Consistency in investing and living below your means combined with time is more powerful than making as much money as possible and not saving a significant amount.

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #259: Doctors Who Become Disabled Apr 21, 2022

    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 in this episode. We are happy that Dr. Kelli Sekulovich and Dr. Shakila Angadi were willing to share their experience and to help educate on the importance of disability insurance.

    You are running a risk all the time. One of the crazy things about a medical career, and other high-income professionals are very similar in this respect, is that you have spent a great deal of your life learning a valuable set of skills. That's partly why you're paid so highly. It doesn't take much to keep you from being able to convert those skills, that education, that knowledge into income. If you lose that ability, it's pretty bad. It is so important that we all have the right amount of disability insurance.

    Bob is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage, and you may very well decide you need to do so after this episode, or if you just need to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today. You can email info@drdisabilityquotes.com or you can call (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #62 - EM Resident Gets Back to Broke Apr 18, 2022

    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 forward to his peers by completing a financial education curriculum. He shares the results of the curriculum in this interview. Learn how to establish a financial literacy curriculum in your program here: https://www.whitecoatinvestor.com/how-to-establish-a-financial-literacy-curriculum/

    PearsonRavitz are Disability and Life Insurance Advisors founded BY and FOR physicians. This White Coat Investor-recommended agency grew out of one M.D.’s experience with a career-changing on-the-job injury. Today, PearsonRavitz serves the medical community in all 50 states. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset — your income — so you can protect the most important people in your life — your family. PearsonRavitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #258: How to Set Up a Budget, and Why It Can Be So Valuable Apr 14, 2022

    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 actually is not restrictive but gives you freedom to spend the way you want without stress and guilt. We talk about different types of budgets and who those budgets might work for. Disha provides insight on different budgeting apps and products, and we talk about why budgeting is important and how it is not just for beginners in the financial world. We also dive into some questions from our listeners about taxes, spending, and investing. See full show notes here https://www.whitecoatinvestor.com/how-to-set-up-a-budget

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #61 - Anesthesiologist Gets PSLF and Becomes a Millionaire Apr 11, 2022

    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 you need to know about PSLF: https://www.whitecoatinvestor.com/success-of-public-service-loan-forgiveness/

    At PKA Insurance Group Inc – Pradeep Audho, and his team, are independent insurance brokers with a focus on Disability and Life insurance. Protecting your family & income in the event of a death or disability is extremely important. There is now an A+ rated carrier offering up to $7.5M of term life insurance without a medical exam. If you qualify medically, approval is possible within 15 minutes. Avoiding the exam could be ideal for busy professionals. Reach out to PKA Insurance today to discuss your Disability or Life insurance needs – Call 1-800-258-1018 - OR - email at info@pkainsurance.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #257: PSLF, ETFs, and FSAs Apr 07, 2022

    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 share our thoughts on when it is time to fire your financial advisor. That time is when they start encouraging you to get into actively managed accounts. We also have Andrew with https://studentloanadvice.com on the podcast. He helps answer questions about public student loan forgiveness as well as weighing in on rising interest rates and the nuance of filing taxes when you have a complicated student loan situation. See full show notes here: https://www.whitecoatinvestor.com/pslf-etfs-and-fsas-257/

    Laurel Road is committed to serving the financial needs of doctors. You take care of us. It’s time someone took care of you. White Coat Investor readers receive a $550 cash bonus when they refinance their student loans with Laurel Road1. Laurel Road’s easy to use, online application process allows you to see personalized rate options in only a few minutes. Plus, we don’t charge any application or origination fees or prepayment penalties.

    For terms and conditions, please visit https://www.laurelroad.com/wci

    Disclosures Laurel Road is a brand of KeyBank N.A. All products offered by KeyBank, N.A. Member FDIC. All credit products are subject to credit approval. 1 A $550 cash bonus offered on new student loan refinance applications from active WCI members. The loan application must close in order to qualify for the bonus which will be paid within 45 days of closing. Existing Laurel Road members are not eligible. This offer cannot be combined with any other discounts from Laurel Road affiliated partners or employers nor the Student Loan Refer-a-Friend Program.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #60 - Captain Pays off $269K in 2 Years Apr 04, 2022

    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 wealth and enjoy your life. You can pay off those loans. You just need a plan. If you are in need of help creating that plan for your loans, book a consultation at https://studentloanadvice.com/ today.

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #256: Common Sense Investing with Rick Van Ness Mar 31, 2022

    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 investing as well as hear why Rick thinks bonds are worth investing in. He talks about his current passion, which we here at WCI understand, getting a financial plan in place. We discuss the importance of knowing what you value and making a plan that accounts for that. See full show notes here: https://www.whitecoatinvestor.com/common-sense-investing-with-rick-van-ness

    PearsonRavitz are disability and life insurance advisors founded by and for physicians. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset, your income so you can protect the most important people in your life, your family. PearsonRavitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a PearsonRavitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #59 - Resident with 100K in Assets Mar 28, 2022

    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 start on his net worth from the beginning. Building wealth is addictive, and seeing that number grow can encourage you to save even more. You would be surprised at how quickly wealth can accumulate when you make good decisions, even just during residency. If you need a written financial plan, this course https://whitecoatinvestor.teachable.com/p/fire-your-financial-advisor will help you get that in place.

    At PKA Insurance Group Inc – Pradeep Audho, and his team, are independent insurance brokers with a focus on Disability and Life insurance. Protecting your family & income in the event of a death or disability is extremely important. There is now an A+ rated carrier offering up to $7.5M of term life insurance without a medical exam. If you qualify medically, approval is possible within 15 minutes. Avoiding the exam could be ideal for busy professionals. Reach out to PKA Insurance today to discuss your Disability or Life insurance needs – Call 1-800-258-1018 - OR - email at info@pkainsurance.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #255: Answering Your Questions About 401(k)s And How To Manage Them Mar 24, 2022

    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 show notes here - https://www.whitecoatinvestor.com/401k-question-and-answer

    https://Studentloanadvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consult with the student loan consultant at https://studentloanadvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #58 - Physician Assistant Millionaire Mar 21, 2022

    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 real estate market to get there. Figure out what your pathway is going to be and make sure you balance your life, your need for income to build wealth, and everything you want to do with your life. Certainly a lot of physicians have found success with short term rentals. If you are interested in that here is your guide https://www.whitecoatinvestor.com/your-guide-to-short-term-rentals/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #254: Afford Anything with Paula Pant Mar 17, 2022

    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 about the importance of learning your financial psychology and what drives your saving or spending habits. We discuss some great things to think about when and if you decide to invest in real estate as well as the need to live your best life now. Paula encourages that we make changes where we can to prevent burnout and increase our happiness as we work towards financial independence. She talks about the importance of outsourcing when possible and being intentional about how and where we spend our time. See the full show notes here https://www.whitecoatinvestor.com/afford-anything-with-paula-pant

    https://StudentLoanAdvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consultation with the student loan consultant at https://studentloanadvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #57 - Orthopedic Surgeon Sells Practice Early in Career Mar 14, 2022

    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 he retained some ownership. From him we can learn to take some risks. Don’t be afraid to be an owner. It may pay off in a big way. Ownership has its privileges. https://www.whitecoatinvestor.com/ownership-has-its-privileges/

    Pearson Ravitz are disability and life insurance advisors founded by and for physicians. This White Coat Investor-recommended agency grew out of one MD's experience with a career-changing on-the-job injury. Today, Pearson Ravitz serves the medical community in all 50 states. At Pearson Ravitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. Pearson Ravitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a Pearson Ravitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #253: What to Do with Extra Money and Life After Covid Mar 10, 2022

    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 from the WCI survey. We will be implementing what we learned and making changes where we can to better serve our audience! We have a special guest on the podcast today named Scotti Petersen. She worked as an ICU nurse during the pandemic and shares some of her story about being diagnosed with PTSD and how we need to heal and move forward together. See full show notes here. https://www.whitecoatinvestor.com/what-to-do-with-extra-money-life-after-covid

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #56 - Decamillionaire Doctors Mar 07, 2022

    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 financial lives. This dual physician couple takes us back to what it was like investing at Vanguard in the beginning, reminding us to make investing simple and always minimize costs. Their advice? Build a strong partnership with your significant other, pay off debt, and invest early and often. Make time to educate yourself and take responsibility for your own personal finances. If you are just getting start on this financial journey, start here https://www.whitecoatinvestor.com/new-to-the-blog-start-here/

    CrowdStreet is an online real estate investing platform that gives accredited investors direct access to institutional-quality real estate. Since 2014, CrowdStreet Marketplace investors have invested more than $2.6 billion across 560+ deals, earning $360 million in distributions. Compare, review, and invest in a variety of projects, including both individual deals and real estate funds, backed by more than 250 firms across the U.S. Recently funded deals include an apartment community in Salt Lake City, a hospitality development project in the heart of Washington D.C., and a life sciences lab in Boston. With more investment opportunities than any other platform, including a managed portfolio service, CrowdStreet provides investors with a new way to add private equity real estate to their portfolios. Create your account for free at https://whitecoatinvestor.com/crowdstreet and browse the latest deals today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #252: Real Estate Q&A with Passive Income MD's Peter Kim Mar 03, 2022

    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 and properties, active vs. passive real estate investing, when to put more (or less) cash toward your down payment, when to sell or keep a rental property, and more. See the full show notes here. https://www.whitecoatinvestor.com/real-estate-qa-with-passive-income-mds-peter-kim

    Pearson Ravitz are disability and life insurance advisors founded by and for physicians. This White Coat Investor recommended agency grew out of one MD's experience with a career-changing on-the-job injury. Today, Pearson Ravitz serves the medical community in all 50 states. At Pearson Ravitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. Pearson Ravitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a Pearson Ravitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #55 - Pediatrician Reaches Financial Independence Feb 28, 2022

    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 out great financially, she was able to reach financial independence. Two, choose a specialty you love so you can practice it long term. But once you’ve done that, recognize there are people in your specialty making more money and there is no reason why you can’t be one of them. Learn more at https://www.whitecoatinvestor.com/how-much-do-doctors-make/

    CrowdStreet is an online real estate investing platform that gives accredited investors direct access to institutional-quality real estate. Since 2014, CrowdStreet Marketplace investors have invested more than $2.6 billion across 560+ deals, earning $360 million in distributions. Compare, review, and invest in a variety of projects, including both individual deals and real estate funds, backed by more than 250 firms across the U.S. Recently funded deals include an apartment community in Salt Lake City, a hospitality development project in the heart of Washington D.C., and a life sciences lab in Boston. With more investment opportunities than any other platform, including a managed portfolio service, CrowdStreet provides investors with a new way to add private equity real estate to their portfolios. Create your account for free at https://whitecoatinvestor.com/crowdstreet and browse the latest deals today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #251: How to Fix the Retirement Account System Feb 24, 2022

    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 we would make if we could in that system, simplifying taxes, separating the retirement accounts from employment, and creating a sort of pension plan bigger than social security. We also answer your questions about caps on 401(k) contributions, small business 401(k)s, social security, annuities, tax deferred vs Roth contributions, C shares and A shares, and contributing to your spouse's 401(k). Read the full show notes here: https://www.whitecoatinvestor.com/how-to-fix-the-retirement-account-system

    This episode is sponsored by Bob Bhayani, an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by emailing info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #54 - WCI Ambassador Reaches Millionaire Status Feb 21, 2022

    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 attention to their finances and cut back significantly. They cut every line item in their budget. Now 5 years later, they’ve paid off $250K in student loans and are millionaires! Working together with your family, you can make the changes necessary to take control of your finances. Learn more about the romantic side of budgeting at https://www.whitecoatinvestor.com/romantic-budgeting/

    CrowdStreet is an online real estate investing platform that gives accredited investors direct access to institutional-quality real estate. Since 2014, CrowdStreet Marketplace investors have invested more than $2.6 billion across 560+ deals, earning $360 million in distributions. Compare, review, and invest in a variety of projects, including both individual deals and real estate funds, backed by more than 250 firms across the U.S. Recently funded deals include an apartment community in Salt Lake City, a hospitality development project in the heart of Washington D.C., and a life sciences lab in Boston. With more investment opportunities than any other platform, including a managed portfolio service, CrowdStreet provides investors with a new way to add private equity real estate to their portfolios. Create your account for free at https://whitecoatinvestor.com/crowdstreet and browse the latest deals today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #250: Marriage, Kids, and Finances Feb 17, 2022

    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, how to manage complicated trusts, and how to add beneficiaries to trusts. We also discuss the importance of women getting their term life and disability insurance in place well before they become pregnant. See the show notes at https://www.whitecoatinvestor.com/marriage-kids-and-finances

    Pearson Ravitz are disability and life insurance advisors founded by and for physicians. This White Coat Investor recommended agency grew out of one MD's experience with a career-changing on-the-job injury. Today, Pearson Ravitz serves the medical community in all 50 states. At Pearson Ravitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. Pearson Ravitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a Pearson Ravitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #53 - Dentist Reaches Financial Independence Feb 14, 2022

    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 a sum of money, and you will free from the need to work for your money. A typical rule for financial independence is when you can live on 4% of your nest egg. Learn how to reach financial independence and retire early here: https://www.whitecoatinvestor.com/the-fire-movement/

    DLP Capital now offers five funds giving more options to a wider range of investors– two that are brand-new to the market and three existing funds. All funds have the following criteria: 1) all DLP funds are evergreen, 2) they invest in critical workforce housing, 3) they are targeted to provide above-market returns, and 4) they pay preferred returns before DLP takes a management fee. For White Coat Investor referrals, the minimum investment for all of the above funds is only $200,000, compared to their normal investment minimum of $500,000. Check them out at https://www.whitecoatinvestor.com/DLP

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #249: What To Do With Old Retirement Accounts Q&A Feb 10, 2022

    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 employer doesn't offer a retirement plan? We also answer your questions about purchasing homes, emergency funds, laser funds, crypto savings accounts and, that constant question, what do you do when you mess up your backdoor Roth IRA. See the full show notes here https://www.whitecoatinvestor.com/old-retirement-accounts

    Pearson Ravitz https://www.pearsonravitz.com/ are disability and life insurance advisors founded by and for physicians. This White Coat Investor recommended agency grew out of one MD's experience with a career-changing on-the-job injury. Today, Pearson Ravitz serves the medical community in all 50 states. At Pearson Ravitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. Pearson Ravitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with a Pearson Ravitz advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #52 - Multimillionaires 5 yrs Post Residency Feb 07, 2022

    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 with their careers, they hired help. Make sure you are taking care of things at home to keep your marriage and family strong. That is your best investment. There are many resources on the blog for managing relationships and finances like this one: https://www.whitecoatinvestor.com/when-finance-and-relationships-intersect/

    CrowdStreet https://whitecoatinvestor.com/crowdstreet is an online real estate investing platform that gives accredited investors direct access to institutional-quality real estate. Since 2014, CrowdStreet Marketplace investors have invested more than $2.6 billion across 560+ deals, earning $360 million in distributions. Compare, review, and invest in a variety of projects, including both individual deals and real estate funds, backed by more than 250 firms across the U.S. Recently funded deals include an apartment community in Salt Lake City, a hospitality development project in the heart of Washington D.C., and a life sciences lab in Boston. With more investment opportunities than any other platform, including a managed portfolio service, CrowdStreet provides investors with a new way to add private equity real estate to their portfolios. Create your account for free at https://whitecoatinvestor.com/crowdstreet and browse the latest deals today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #248: Veterinarians and Their Finances Feb 03, 2022

    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 physicians. We discuss paying for veterinarian school and residency, salaries and debt to income ratio, pet insurance and end of life care, malpractice and PSLF for veterinarians. It is interesting to see the similarities and differences between these two professions. Veterinarians share many of the same financial and life challenges faced by physicians, dentists, and other medical professionals. Achieving financial independence is still possible though https://www.whitecoatinvestor.com/financial-independence-on-a-low-income/ even with a high student loan debt https://www.whitecoatinvestor.com/veterinarian-student-loan-debt/

    Laurel Road is committed to serving the financial needs of doctors like you. You take care of us. It’s time someone took care of you. With Laurel Road’s Physician Mortgage, you can get a 0.25% rate discount11when you take out a new mortgage or refinance your existing mortgage. Specially designed for doctors, this physician mortgage has options for 100% financing13, with no private mortgage insurance required14 – that could mean lower monthly payments. For terms and conditions, please visit https://www.laurelroad.com/wci. Laurel Road is a brand of KeyBank N.A. Equal Housing Lender. NMLS # 399797.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #51 - Neonatologist Finds Financial Freedom Jan 31, 2022

    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 two incomes is a powerful tool to build wealth and take care of business. He was able to walk away from a demanding job that could not provide work-life balance. Now he has the freedom to work part time or not at all in medicine and enjoy time with his family. Learn more about the FIRE movement. https://www.whitecoatinvestor.com/the-fire-movement/

    This podcast was sponsored by the Peak Housing REIT, a diversified single-family rental portfolio designed to deliver stable, passive income and appreciation while minimizing the impact of taxation. With a rare $25k minimum investment, this evergreen fund is breaking down the traditional barriers of investing in real estate with their strategy of building, acquiring and operating SFR properties in growing secondary cities. With a portfolio of homes totaling 1500 and a forecasted 10,000 homes by 2026, now is the time to invest in the Peak Housing REIT. learn more at https://www.whitecoatinvestor.com/peak

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #247: Bonds and Tax Loss Harvesting Jan 27, 2022

    This episode is all about bonds and tax-loss harvesting https://www.whitecoatinvestor.com/tax-loss-harvesting/. We get into what some good options for bond substitutes are as well as what are not good options for bond substitutes. We talk about the popular I Bonds https://www.whitecoatinvestor.com/series-i-bonds-are-they-right-for-you/ and when you should get some or if it is worth sticking with tax-protected stocks in a total bond fund instead. We go over some of the basics of tax-loss harvesting including a step-by-step guide on how to actually do it.

    PearsonRavitz https://www.pearsonravitz.com/ are disability and life insurance advisors founded by and for physicians. At PearsonRavitz, they help you as a doctor safeguard your most valuable asset, your income, so you can protect the most important people in your life, your family. PearsonRavitz makes human connections before they make quotes. Go to https://pearsonravitz.com today to schedule your consultation with an advisor.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #50 - Orthopaedic Surgeon Pays Off All of His Debt in 6 years Jan 24, 2022

    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 practice? Have you thought about geographical arbitrage? This is what it can look like. Surgeons are needed in medium and small towns across America. You will be doing a great service and give yourself a tailwind in your financial life. Learn more about geoarbitrage here https://www.whitecoatinvestor.com/is-geoarbitrage-a-good-idea/

    CrowdStreet https://www.whitecoatinvestor.com/crowdstreet is an online real estate investing platform that gives accredited investors direct access to institutional-quality real estate. Since 2014, CrowdStreet Marketplace investors have invested more than $2.6 billion across 560+ deals, earning $360 million in distributions. Compare, review, and invest in a variety of projects, including both individual deals and real estate funds, backed by more than 250 firms across the U.S. Recently funded deals include an apartment community in Salt Lake City, a hospitality development project in the heart of Washington D.C., and a life sciences lab in Boston. With more investment opportunities than any other platform, including a managed portfolio service, CrowdStreet provides investors with a new way to add private equity real estate to their portfolios. Create your account for free at https://whitecoatinvestor.com/crowdstreet and browse the latest deals today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #246: Early Retirement Now Jan 20, 2022

    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 joined the research department of an investment manager and got a CFA designation. He spent 10 years there before punching out to live the FIRE lifestyle a few years ago. He spent the first few months out on a world tour, visiting 20 plus countries, then settled down in the Northwest with his family. Early Retirement Now is a popular FI blog primarily because of Karsten's rigorous academic approach. We explore health insurance and withdrawal rates and strategies for early retirees and get his take on some controversial areas of finance like options and leverage. Interested in retiring early? Check out How to Retire Early as a Doctor. https://www.whitecoatinvestor.com/how-to-retire-early/

    There is a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner we trust. They've been around for more than 10 years and still maintain a 100% profitable track record with clear reporting and excellent educational content. Many of our readers have invested with 37th Parallel and so have we. We've been happy with that investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #49 - EM Doc Pays Off Loans and Reaches $250K Net Worth Jan 17, 2022

    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 information to each other, the entire profession will be better, healthcare will be better, as doctors will be able to focus more on their patients and take better care of their families and partners. You can increase your fulfillment in life, including your career, by taking care of your finances. https://www.whitecoatinvestor.com/increase-fulfillment-by-eliminating-financial-worries/

    https://StudentLoanAdvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consultation at https://StudentLoanAdvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #245: The Backdoor Roth Lives On Jan 13, 2022

    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: https://www.whitecoatinvestor.com/backdoor-roth-ira-tutorial/ . If at some point Congress decides to make this retroactively illegal, we will walk you through the process of undoing those contributions. We also discuss whether it is worth refinancing your student loans if you are not going for PSLF despite the extension of the student loan holiday. With inflation and rising interest rates this is a more complex question than it typically should be. We answer some questions about employer sponsored 401(k)s, signing bonuses and what kind of contributions to make if you are one of those super savers.

    Shopping for disability insurance is complicated enough. Wondering if you are getting the right coverage, unbiased advice, along with the best prices and discounts can make the process even more overwhelming. Pattern knows doctors have more important things to do than spend hours sorting through numerous insurance options. This is why thousands of White Coat Investor’s followers have trusted Pattern to help them compare and understand the disability insurance they are buying. Their online process is simple: First, request your quotes online. Second, compare your options and ask questions. And third, apply risk-free. Be confident you have the right policy at the best price. Request your disability insurance quotes with Pattern at https://www.whitecoatinvestor.com/pattern

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #48 - Family Docs Pay Off $570K Jan 10, 2022

    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 with their retirement. But they now get to make changes in how and how often they practice medicine. That is the reward of taking care of your finances. Check out the WCI readers’ tips on how to make more money as a family medicine physician. https://www.whitecoatinvestor.com/double-your-income-primary-care-physician/

    https://StudentLoanAdvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consult with Andrew Paulson, the Lead Student Loan Consultant and Co-Founder of https://StudentLoanAdvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #244: The Finances of Professional Cyclists Jan 06, 2022

    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 Latvia in not just one discipline, but two. He's been the Latvian national time trial champion and the national road race champion twice. He's been the Latvian cyclist of the year four times. Toms has completed the Tour de France four times. He has raced in most of the biggest races in the world. Last year, he nearly won a stage at the Tour de France. We discuss the income, contracts, investments, and more of professional cyclists.

    White Coat Investor created a company called https://studentloanadvice.com to help doctors, dentists and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consultation with Andrew Paulson, the lead student loan consultant and co-founder of https://studentloanadvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #47 - Millionaire Military Officer Jan 03, 2022

    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 need to make it complex. Save adequately and invest reasonably and you too can be a millionaire. Find 150 reasonable portfolios here https://www.whitecoatinvestor.com/150-portfolios-better-than-yours/

    https://StudentLoanAdvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consult with Andrew Paulson, the Lead Student Loan Consultant and Co-Founder of https://StudentLoanAdvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #243: Annuities, Securities, and The Three Fund Portfolio Dec 30, 2021

    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. Check out the End of Year Financial Checklist for 2021 https://www.whitecoatinvestor.com/end-of-year-financial-checklist/. This checklist will help you make sure you did everything you need to do at the end of the year. It's got everything on there from completing your 2021 Backdoor Roth IRA, plus a Mega Backdoor Roth IRA and Roth conversions. It covers making sure you maxed out your 401(k)s and HSAs and 529s ABLE accounts if you have a disabled kid as well as using up your flexible spending account and making sure you have insurance in place and giving to charity before the end of the year, if that's something you're interested in doing. There are a number of other things on that list to make sure you do once a year.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #46 - Dual Physician Millionaires Dec 27, 2021

    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 getting their financial lives in place. Fortunately they had physician incomes so even if you are not perfect in the first few years you still have that income to become financially successful quickly. High income makes it easier. Do what you can to get your income up. See our article about ways to make more money as a doctor. https://www.whitecoatinvestor.com/15-ways-to-make-more-money-as-a-doctor/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #242: Avoiding Debt and Giving Back With Michelle Singletary Dec 23, 2021

    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 newspapers across the country and is syndicated by the Washington Post news service and syndicate. She's a frequent contributor to NPR and CNN and has been on the Today Show and the Early Show. We discuss debt, inflation, how Covid affected women. giving back, and more in this interview. Michelle is our keynote speaker at our conference in February if you'd like to hear more from her! https://whitecoatinvestor.com/wcicon22

    2021 has been a year with a long list of tax changes and we will still face additional surprises in early 2022. As a result, your current tax plan may not be tax-efficient and need a tune-up to make sure you’re keeping more of your hard-earned money! Medical professionals all over the country rely on Cerebral Tax Advisors for proactive tax planning strategies for doctors, helping them lower their effective tax rate and increase their wealth through court-tested and IRS-approved tax strategies. As the spouse of a physician, the lead tax strategist, Alexis Gallati, has nearly two decades of experience in high-level tax planning strategies and multi-state tax preparation. Cerebral’s services are flat-rate and they are focused on their client's return on investment. Check out Alexis’ book “Advanced Tax Planning for Medical Professionals” or if you’d like to schedule a free consultation, visit their website at https://www.cerebraltaxadvisors.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #45 - Pediatrician Pays off $185K in 3.5 years Dec 20, 2021

    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 been higher now if they had invested versus paying off loans but everyone's crystal ball is cloudy. They don’t regret the financial freedom and safety being debt free gives them. The most common question we get is should you pay off debt or use your money to invest? This post will help you make that decision https://www.whitecoatinvestor.com/pay-off-debt-or-invest/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #241: Retirement Account Q&A Dec 16, 2021

    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, Backdoor Roth IRAs and so much more.

    We have a number of great resources on the WCI blog regarding retirement accounts and financial advisors that can help you make a financial plan. Check out the recommended tab on the blog https://www.whitecoatinvestor.com for recommended financial advisors and retirement accounts.

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #44 - Back to Broke Oncologist Dec 13, 2021

    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 big deal! He discusses his “lifestyle inoculation” that helps them purposely spend their money to bring them happiness. Being so intentional in their spending has allowed them to build wealth quickly. You can be intentional too with your spending. See how to avoid the trap of lifestyle creep here. https://www.whitecoatinvestor.com/how-to-avoid-the-traps-of-lifestyle-creep/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions. Basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #240: Asset Allocation Q&A Dec 09, 2021

    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 path allocation is and how your asset allocation needs change as you age. We talk about asset allocation when using a defined benefit plan and also cover some pros and cons of treating your mortgage as a negative bond and how that affects your asset allocation. See our asset allocation rules here https://www.whitecoatinvestor.com/asset-allocation-rules/

    Gain the expertise to manage the business of medicine with the Physicians Executive MBA at Auburn University’s Harbert College of Business. Auburn’s flexible, physicians-only program lets you earn your MBA without taking you away from your patients. Auburn’s unique 21-month program blends innovative distance learning with five short on-campus residencies. Tailored to the practicing physician, Auburn’s Physicians Executive MBA program is currently enrolling for Fall 2022. Take control of your future during these challenging times. Learn more at http://au-pemba.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #43 - Doc Dumps Whole Life Policy And Becomes Millionaire Dec 06, 2021

    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 reached millionaire status, proof you can recover from financial mistakes and achieve success fairly quickly. Check out the 10 biggest Financial Mistakes Physicians Make & How to Avoid Them https://www.whitecoatinvestor.com/stupid-doctor-tricks-biggest-financial-mistakes/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #239: Contract Negotiation and Student Loans Dec 02, 2021

    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 is critical to understand the details of your contract and we highly recommend having your contract reviewed by a professional. https://www.whitecoatinvestor.com/contract-negotiation-and-review/. You want to be crystal clear on your compensation, who pays for the tail, time off, sick time, maternity or paternity leave, and call structure etc. These are all things you can and should negotiate. We also cover a few more questions about student loans. The student loan landscape is ever changing but recently it has become easier to qualify for PSLF. If you are one of the lucky people who now qualify we recommend applying no matter how much student debt you have left.

    Whenever your next career move happens, you deserve a job-search partner who considers who you are before looking for your next role. Provider Solutions & Development is a group of empathetic recruitment advisors helping physicians like you find the place you really want to be, and it starts by learning what matters most to you. Whatever you’re ready for next, they’ll help you find it, with no quotas or commissions to get in the way. You can start the conversation today or anytime with Provider Solutions & Development. https://info.psdconnect.org/whitecoatinvestor

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #42 - Back to Broke as a Resident Nov 29, 2021

    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? Being born into geographic arbitrage has definitely helped. Continuing to take advantage of that by doing med school and residency in a low cost of living area and keeping the loans down to $125K helps also. As well as making sure they are spending money in alignment with their goals. Live like a resident https://www.whitecoatinvestor.com/live-like-a-resident/ and you can get back to broke and soon be debt free and on your way to millionaire status too.

    It is time to check whether your current tax plan is truly tax-efficient to make sure you’re keeping more of your hard-earned money in your pocket! If you haven’t heard about Cerebral Tax Advisors, physicians all over the country work with them to lower their personal and business taxes through court-tested and IRS-approved tax strategies. Medical professionals rely on Cerebral Tax Advisors for proactive planning strategies that help them lower their effective tax rate and increase their wealth. Alexis Gallati, founder of Cerebral Tax Advisors, has nearly two decades of experience in high-level tax planning strategies and multi-state tax preparation. She’s also the author of the book “Advanced Tax Planning for Medical Professionals”, grew up in a family of physicians, and is married to one. Cerebral’s services are flat-rate and they are focused on their client's return on investment. If you’d like to find out more or schedule a free consultation, visit their website at https://www.cerebraltaxadvisors.com.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #238: 2021 Financial Book Reviews Nov 25, 2021

    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 handful of books that we think would be useful to our readers and listeners. I have talked a lot about the importance of continuing education and I recommend reading at least one book a year to further your financial knowledge. Hopefully one of these books will prove to be a great resource for you. If not, check out our recommended book list https://www.whitecoatinvestor.com/best-financial-books-for-doctors/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #41 - Pediatrician pays off $300K in 3 years Nov 22, 2021

    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 their retirement savings to really focus on getting rid of this debt as fast as possible. There are 10 reasons you should pay off your student loans quickly. https://www.whitecoatinvestor.com/10-reasons-to-pay-off-your-student-loans-quickly/

    Today's episode is sponsored by Set For Life Insurance founded by its president, Jamie Fleischner in 1993. Since then, they've helped thousands of physicians and professionals with their term life and disability insurance needs. As independent brokers, they work on your behalf to shop around to find the most suitable products at the most cost-effective rate. Their significant expertise and “Down to Earth” style help you move through the process smoothly without any pressure. Because of their volume and exceptional reputation and the relationships they've developed over the years, they have access to special services not available elsewhere in the industry including special discounts, priority underwriting handling on some occasions, exceptions in the underwriting process. So, if you need term life or disability insurance, visit https://setforlifeinsurance.com today, it will help you get set for life.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #237: How to Reduce your Investment Taxes Nov 18, 2021

    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 holding tax efficient investments. We cover six ways to help with reducing those taxes. We talk about when (or if) you should rebalance your portfolio and what to do if you have to recharacterize from a Roth IRA to a traditional. We discuss if it is ever a good idea to do tax gain harvesting and go over what opportunity zone investing is and what type of investors are participating in it. Learn more on how investments are taxed: https://www.whitecoatinvestor.com/taxes-on-investments/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #40 - Dual Family Doctor Couple pays off $400K+ in 3 years Nov 15, 2021

    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 to pay for school and owed them a couple years of service after. This episode we discuss the pros and cons of paying for medical school this way. Be inspired by this couple’s success and then go learn more about financial “waterfalls” at https://www.whitecoatinvestor.com/financial-waterfalls-for-new-residents-and-attendings/ to set your priorities.

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #236: Interview with Jaspreet Singh of the Minority Mindset Nov 11, 2021

    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 financial content and resources. He was one of the keynote speakers at the event and has put together some awesome resources. He is an animated guy and his main mediums are YouTube and Instagram. He is a first generation American with an entrepreneurial spirit that is inspiring. You will find his story about giving up his family's dream of becoming a doctor to follow his passions as fascinating and educational as we do. See full show notes here: https://www.whitecoatinvestor.com/interview-with-jaspreet-singh-of-the-minority-mindset

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #39 - Buying a Car with Cash Nov 08, 2021

    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 car with cash. He purchased a 2017 minivan with 20K miles and felt rich doing it! How much car can you afford? Check out this episode for the answer. https://www.whitecoatinvestor.com/how-much-car-can-you-afford/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #235: Pay Off Debt or Invest? Nov 04, 2021

    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 https://www.whitecoatinvestor.com/pay-off-debt-or-invest/. We discuss what to do if you have a chunk of money sitting in savings account and what to do with the money you are saving to purchase a home. We also update you on some important changes to PSLF. The requirements are being relaxed to include more people and more types of loans through October 2022. And finally, we have a guest on the podcast to share about a real estate investment opportunity.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #38 - Dentist Achieves $0 Net Worth Nov 01, 2021

    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 debt and managing your finances pays off. Make a plan early and track your financial goals with these four measurements. https://www.whitecoatinvestor.com/track-your-financial-goals-with-these-four-measurements/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #234: Roth Q&A: 401ks, Conversions, and What if the Backdoor Goes Away? Oct 28, 2021

    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, backdoor Roth IRAs, 457 plans, and lump sum investing. We also take a few minutes to discuss inflation and what to do in times like these when inflation is on the rise. Learn more at https://www.whitecoatinvestor.com/inflation-basics/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #37 - The Veterinarian Millionaires Oct 25, 2021

    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 and buying a practice. This couple has been able to get their income up but many would not consider veterinarians high income earners. Veterinarians share many of the same financial and life challenges faced by other medical professionals. And financial independence is still possible. https://www.whitecoatinvestor.com/financial-independence-on-a-low-income/

    This podcast was sponsored by the Peak Housing REIT, a diversified single-family rental portfolio designed to deliver stable, passive income and appreciation while minimizing the impact of taxation. With a rare $25k minimum investment, this evergreen fund is breaking down the traditional barriers of investing in real estate with their strategy of building, acquiring and operating SFR properties in growing secondary cities. With a portfolio of homes totaling 1500 by the end of 2021, and a forecasted 10,000 homes by 2026, now is the time to invest in the Peak Housing REIT. Learn more at https://www.whitecoatinvestor.com/peak

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #233: Insurance Q&A Oct 21, 2021

    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 long-term care insurance, specifically as it relates to some new laws in Washington State. We also touch on umbrella insurance, and one of our favorite topics here at WCI - whole life insurance. Finally, we go into health insurance and review high deductible health plans and health savings accounts.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #36 - Psychiatrist Real Estate Investor Multimillionaire Oct 18, 2021

    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 investing in real estate at 24. Over the last ten years they have built up this real estate business. Curious about this path to financial freedom? Read Real Estate Investing 101 https://www.whitecoatinvestor.com/real-estate-investing-101/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


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

    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 taxable account, we discuss 403(b) accounts, 401(k) accounts and what investing limits are for each of these. We even cover more unusual portfolios such as the Dragon Portfolio. We talk about passive real estate investing vs. active real estate investing. If you have had an investing question lately I think you will find some answers here. If you need more help, check out our recommended financial advisors. https://www.whitecoatinvestor.com/financial-advisors/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #35 - The Attorney Millionaire Oct 11, 2021

    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 you. Check out 6 reasons to save a lot and to save early. https://www.whitecoatinvestor.com/6-reasons-to-have-a-high-early-savings-rate/

    Our sponsor today is DLP Capital Partners, which provides private real estate funds on both the equity and debt side. Their funds provide solid returns and low correlation with your stocks and bonds. As evergreen funds, they are also far more liquid than most real estate funds. I have invested on both the equity and debt side and appreciate the fact that they don’t make money until I make money. Learn more about DLP at https://www.whitecoatinvestor.com/dlp

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #231: How Much Homeowners Insurance Do I Need? Oct 07, 2021

    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 what your policy covers but also what it does not. There are a handful of things that are not covered and based on where you live you may want to look into additional coverage. You should also be very sure that the quality of your home is properly insured. If you have premium upgrades in your home you want to be sure if the worst happens you can have your home restored to its previous quality. Learn what the 5 most common gaps in coverage are at https://www.whitecoatinvestor.com/5-key-coverages-for-property-insurance/

    By lowering out-of-pocket medication costs, GoodRx estimates it has helped patients get at least 78 million prescriptions they otherwise may not have been able to afford. Hand out GoodRx savings cards to your patients or recommend the GoodRx app, and you could be saving them up to 80% on prescriptions. Helping patients afford their prescriptions makes it more likely they will adhere to their treatment. GoodRx is accepted at over 70,000 U.S. pharmacy locations, no insurance needed, and all patients have to do is show the card or app to the pharmacist to save. Learn more at https://goodrx.com/wci

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #34 - PSLF Forgiveness and Millionaires! Oct 04, 2021

    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 significant boost to their net worth, reaching millionaire status! Read about tips and errors to avoid when going for PSLF. https://www.whitecoatinvestor.com/dont-give-up-pslf/

    Today's episode was sponsored by Set For Life Insurance. They've helped thousands of physicians and professionals with their term life and disability insurance needs. As independent brokers, they work on your behalf to shop around to find the most suitable products at the most cost-effective rate. Because of their volume and exceptional reputation and the relationships they've developed over the years, they have access to special services, not available elsewhere in the industry who need special discounts, priority underwriting handling on some occasions, exceptions in the underwriting process. So, if you need term life or disability insurance, visit https://setforlifeinsurance.com today, it will help you get set for life.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #230: Congress Proposes New Tax Bill Impacting High Earners Sep 30, 2021

    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 dive into how this bill will affect the WCI community. One of the biggest impacts is that backdoor Roth IRA and mega backdoor Roth IRA accounts could be gone for good. There are proposed changes to income tax brackets and required minimum deduction rules. We look into these changes and many others that could be coming our way.

    Do you know what a smart financial move is? Working on the locum tenens assignment with CompHealth. Now I know what you're thinking. You already have a job, but that's the best part. You can work flexible locum assignments on the side for extra income or you can work locums full-time too. And to top it all off, locums almost always pay more than average. Just head to https://comphealth.com and see what locums can do for you financially.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter

    00:00 Introduction 00:46 Deep Dive - Biden's Tax Bill 19:22 WCI Conference 2022 29:51 Your Questions Answered 30:05 $0 PSLF payments until 2023 33:49 Rolling over a Defined Benefit Plan 38:01 Catch-up contributions the year I turn 50 or the year after I turn 50 39:02 Open a solo 401(k) by giving my spouse 50% of my practice 40:50 Companies that will refinance my student loans with less than 2 years of 1099 income 43:35 Financial considerations to think about before giving birth 53:53 Taking money out of a UTMA to pay tithing? 59:07 The best way to handle a 401(a) while transitioning to fellowship 1:05:24 Wrap-Up


    MtoM #33 - Millionaire Podiatrist Sep 27, 2021

    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+ he now has a net worth of a million dollars. We discuss how he has built a business that now provides them that high salary. Everyone can be a millionaire. https://www.whitecoatinvestor.com/everyone-a-millionaire/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #229: Retirement Accounts Q&A Sep 23, 2021

    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 cover defined benefit plans vs a mega backdoor roth and when to pick which or both options. We answer questions about taxable accounts and catch-up contributions as well as differences in employer contributions and solo 401(k) accounts and when you can make contributions for a spouse. If you have questions about retirement accounts you will find some answers here.

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #32 - Pediatric Cardiac Intensivist Gets PSLF Sep 20, 2021

    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 out really well for her, getting $246K forgiven. Learn more about PSLF and whether it is right for you. https://www.whitecoatinvestor.com/public-service-loan-forgiveness/

    Our sponsor today is DLP Capital Partners, which provides private real estate funds on both the equity and debt side. Their funds provide solid returns and low correlation with your stocks and bonds. As evergreen funds, they are also far more liquid than most real estate funds. I have invested on both the equity and debt side and appreciate the fact that they don’t make money until I make money. Learn more about DLP at https://www.whitecoatinvestor.com/dlp

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #228: Charitable Giving: DAFs vs CRTs vs Private Family Foundation Sep 16, 2021

    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 are and discuss the merits and drawbacks of each option. Learn more about how the IRS supports your charitable desires. https://www.whitecoatinvestor.com/7-ways-irs-supports-charitable-desires/ We also answer listener questions regarding whether to sell or rent your home, allocate the bond portion of your asset allocation towards your primary home mortgage, buy medical evacuation insurance, and life insurance for military members.

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #31 - Millionaire Dentist Sep 13, 2021

    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 starting your own practice, check out these tips: https://www.whitecoatinvestor.com/medical-practice-startup/

    By lowering out-of-pocket medication costs, GoodRx estimates it has helped patients get at least 78 million prescriptions they otherwise may not have been able to afford. Hand out GoodRx savings cards to your patients or recommend the GoodRx app, and you could be saving them up to 80% on prescriptions. Helping patients afford their prescriptions makes it more likely they will adhere to their treatment. GoodRx is accepted at over 70,000 U.S. pharmacy locations, no insurance needed, and all patients have to do is show the card or app to the pharmacist to save. Learn more at https://goodrx.com/WCI

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #227: Starting a Medical Practice Sep 09, 2021

    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, although it does take some work upfront. Will and Juli Albright have been sharing their knowledge of practice startups on the blog for a couple of years, since they started their practice, Alamo Plastic Surgery. Will is the surgeon and Juli is the chief financial officer. They both join us in this episode to talk about their motivation to open a practice, the steps it took, the biggest obstacles and challenges, navigating salaries and benefits for employees, guarding against embezzlement, and marketing the practice. https://www.whitecoatinvestor.com/medical-practice-startup/

    Are you a physician? If so, your career probably looks a lot different than it did a few years ago, and it might be time for some change. Fortunately, working locum tenens can help you love medicine again. And whether you’re looking for assignments that are full time or on the side, Weatherby Healthcare has simplified the entire locums process. Our experts streamline everything from credentialing to housing with industry-leading technology and know-how so you can get back to enjoying your career. Whether you’re new to locums or just looking for the right opportunity, Weatherby Healthcare is here to get you where you want to go.

    Visit https://weatherbyhealthcare.com to learn more.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #30 - Nurse Practitioner Multimillionaire Sep 06, 2021

    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 think you can earn. It is easier to double your income than you think. After being inspired by this story, check out these ways to make more money for doctors https://www.whitecoatinvestor.com/15-ways-to-make-more-money-as-a-doctor/

    Today's episode is sponsored by Set For Life Insurance. As independent brokers, they work on your behalf to shop around to find the most suitable products at the most cost-effective rate. Their significant expertise and “Down to Earth” style help you move through the process smoothly without any pressure. Because of their volume and exceptional reputation and the relationships they've developed over the years, they have access to special services, not available elsewhere in the industry including special discounts, priority underwriting handling on some occasions, exceptions in the underwriting process. So, if you need term life or disability insurance, visit https://setforlifeinsurance.com today, it will help you get set for life.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #226: The State of Physician Financial Literacy Sep 02, 2021

    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? In this episode we talk with the chief experience officer at Laurel Road https://whitecoatinvestor.com/laurelroad about the physician literacy survey we did together. We discuss how our peers rate their financial literacy, when they plan to retire, what they are investing in, how much they are saving, and more. How do you compare to your peers?

    Physicians all over the country work with Cerebral Tax Advisors to lower their personal and business taxes through court-tested and IRS approved tax strategies. Medical professionals rely on Cerebral Tax Advisors for proactive planning strategies that help them lower their effective tax rate and increase their wealth. Alexis Gallati, founder of Cerebral Tax Advisors, has nearly two decades of experience in high level tax planning strategies and multi-state tax preparation. She’s also the author of the book “Advanced Tax Planning for Medical Professionals”, grew up in a family of physicians and is married to one. Cerebral’s services are flat-rate and they are focused on their client's return on investment. If you’d like to find out more or schedule a free consultation, visit their website at https://cerebraltaxadvisors.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #29 - Teacher and Doctor Become Millionaires in 5 years Aug 30, 2021

    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 definitely helped with growing their net worth. If you want to learn more about real estate opportunities check out our list of real estate resources. https://www.whitecoatinvestor.com/recommended-real-estate-crowdfunding-companies/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


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

    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 student loan holiday, single incomes doctors with large families, and whether or not you should insure that engagement ring. For those on the other end of the spectrum we talk about over funding your 529s, where to invest that extra money, and what time of year is best to retire. https://www.whitecoatinvestor.com/question-and-answer-podcast-225

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #28 - EM Doc Pays off $180K in 3 years Aug 23, 2021

    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 not easy. Stay off the hedonic treadmill and you can crush your debt too! https://www.whitecoatinvestor.com/avoiding-the-hedonic-treadmill-2/

    Today's episode is sponsored by Set For Life. They have helped thousands of physicians and professionals with their term life and disability insurance needs. As independent brokers, they work on your behalf to shop around to find the most suitable products at the most cost-effective rate. They have access to special services, not available elsewhere in the industry, including special discounts, priority underwriting handling on some occasions, and exceptions in the underwriting process. So, if you need term life or disability insurance, visit https://setforlifeinsurance.com today, it will help you get set for life.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


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

    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 finances? Probably not. https://www.whitecoatinvestor.com/about/ So we have that terrible advisor to thank for this podcast which is all about your questions. We discuss the future of home prices in the U.S. We talk about investing in actively managed funds, whether there is a time that is a good idea with stocks or bonds. One of the good guys in the financial services industry joins us to answer questions on whether you should use bitcoins hyper volatility to time the market and make more money and if social index fund investing is a good way to invest. Whatever your investing plan says to do, it must all start with a high savings rate. We recommend 20% and tell you why in this episode.

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain a 100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #27 - Academic Endocrinologist Millionaire Aug 16, 2021

    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 their finances. You need an investing plan to be successful! https://www.whitecoatinvestor.com/investing/you-need-an-investing-plan/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #223: Understanding Cash Balance Plans Aug 12, 2021

    A defined benefit cash balance plan https://www.whitecoatinvestor.com/cash-balance-plans-another-retirement-plan-for-professionals/ is a somewhat unusual and surprisingly physician specific retirement account. It is a type of a defined benefit plan. On one end you have a defined contribution plan like a 401(k) and on the other a defined benefit plan or pension plan. A cash balance pension, a subtype of defined benefit plan lies as kind of a hybrid between the two. It still falls in the category as a defined benefit plan, but it's purpose is designed not so that you have an annual income distribution after you retire but that you take the lump sum. Confused? Don't worry, we have Victor Mangona, who has developed an expertise in these plans, as our guest this episode. We discuss who should consider a cash balance plan, how much money can be put into a plan, the tax savings from using this plan, how to invest these assets, what happens if there is a loss in the account, and most importantly how to get your practice to adopt a cash balance plan so you can take advantage of these great accounts.

    It’s story time, brought to you by https://Locumstory.com Today, we’ll be reading “One job, two jobs.” One job, two jobs. Red blob, no job. Elective doc, emergency doc. Some in overstock, some in out of stock. This doc is too abused. This doc is underused. This doc can’t get sick. Say, let’s try a brand-new trick! For all the docs about to cry, here’s an idea you can try! Look into a locum tenens assignment. A really great option, you might find it. With all this new info, trapped up in your thinker, Go to locumstory.com and use your mouse to tinker. It’s here you’ll find the unbiased answers you are after, So you can decide if locum tenens is your next chapter.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #26 - Orthodontist Pays off $480K Aug 09, 2021

    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. Being a business owner really pays off when you can set a salary and everything above that goes to student loans. There are a lot of benefits to owning your business. https://www.whitecoatinvestor.com/10-reasons-you-should-own-a-business/

    If you still have private student loans at a high rate, we recommend checking out Student Loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of money with rates at historic lows. Splash also offers special refinancing to residents and fellows AND a cash bonus for eligible White Coat listeners. Plus you get FYFA when you refinance over $100K. There is no cost to refinance your student loans. Go to https://splashfinancial.com/whitecoat today to see how much you can save.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #222: Car insurance: How much do you need? Aug 05, 2021

    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 bodily injury liability? What options should you pass on? How does your umbrella policy work with you car insurance policy? Most doctors should have an umbrella policy in a seven-figure amount. 80% of umbrella claims are auto-related. To get an umbrella policy you will be required to carry certain limits in car insurance. We dive into all these details in this episode to make certain you are appropriately insured to protect your finances.

    Like other episodes, after this deep dive, we answer listener questions about liquidating your brokerage account, HSAs, calculating your net worth as a practice owner, and whether practice owners need disability insurance.

    By lowering out-of-pocket medication costs, GoodRx estimates it has helped patients get at least 78 million prescriptions they otherwise may not have been able to afford. Hand out GoodRx savings cards to your patients or recommend the GoodRx app, and you could be saving them up to 80% on prescriptions. Helping patients afford their prescriptions makes it more likely they will adhere to their treatment. GoodRx is accepted at over 70,000 U.S. pharmacy locations, no insurance needed, and all patients have to do is show the card or app to the pharmacist to save. Learn more at https://goodrx.com/WCI

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #25 - Psychiatrist Millionaire Aug 02, 2021

    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 as an attending. https://www.whitecoatinvestor.com/why-many-doctors-live-paycheck-to-paycheck/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #221: Beating the New Death Tax with James Lange Jul 29, 2021

    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 and retirement plan owners to get the most from their retirement plans using Roth IRA conversions as an integral part of the planning strategy. More importantly, his ideas have affected my own thinking about investing, particularly the use of retirement accounts. In this interview we discuss all these things as well as his recent book, Beating the New Death Tax, which he is giving away to WCI listeners. I really like his writing. He is not afraid to get into the weeds and give hard recommendations. So many books out there are so full of fluff. His are not. If you're into the details, this is an episode you will enjoy. Learn more here https://www.whitecoatinvestor.com/which-assets-to-spend-first/

    This episode of The White Coat Investor is sponsored by Biohaven Pharmaceuticals. Biohaven is a commercial-stage biopharmaceutical company with innovative therapies designed to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven offers a broad pipeline of late-stage product candidates across three distinct mechanistic platforms, including developing therapies for patients with Amyotrophic Lateral Sclerosis (ALS), Alzheimer’s, and obsessive compulsive disorder (OCD). The FDA also recently gave Biohaven’s Nurtec® ODT (rimegepant) its second indication. To discover more about Nurtec ODT and Biohaven’s neuroinnovative portfolio of treatments in development, visit https://www.biohavenpharma.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #24 - Hospitalist and Obesity Medicine Physician Pays off $156K in 5 years Jul 26, 2021

    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 figure investing portfolio. Of course taking advantage of geographical arbitrage really helps with that. https://www.whitecoatinvestor.com/geographic-arbitrage-pof/

    Today's episode is sponsored by Set For Life Insurance founded by its president, Jamie Fleischner in 1993, while attending Washington University in St. Louis. Since then, they've helped thousands of physicians and professionals with their term life and disability insurance needs. As independent brokers, they work on your behalf to shop around to find the most suitable products at the most cost-effective rate. Their significant expertise and “Down to Earth” style help you move through the process smoothly without any pressure. Because of their volume and exceptional reputation and the relationships they've developed over the years, they have access to special services not available elsewhere in the industry including special discounts, priority underwriting handling on some occasions, exceptions in the underwriting process. So, if you need term life or disability insurance, visit https://setforlifeinsurance.com today, it will help you get set for life.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #220: Financial Priorities as a New Resident Jul 22, 2021

    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 drop the ball on these. Get in the habit of saving something each month from your paycheck, know where your money is going, and make sure you have critical insurance in place. We discuss these chores in more detail in this episode.

    For our non resident listeners we also answer some of your questions about mega backdoor Roth IRAs, DFA ETFs vs Vanguard ETFs, getting rid of your whole life insurance policy, everyone's favorite tax form - form 8606, and cash balance plans.

    This episode of The White Coat Investor is sponsored by Biohaven Pharmaceuticals. Biohaven is a commercial-stage biopharmaceutical company with innovative therapies designed to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven offers a broad pipeline of late-stage product candidates across three distinct mechanistic platforms, including developing therapies for patients with Amyotrophic Lateral Sclerosis (ALS), Alzheimer’s, and obsessive compulsive disorder (OCD). The FDA also recently gave Biohaven’s Nurtec® ODT (rimegepant) its second indication. To discover more about Nurtec ODT and Biohaven’s neuroinnovative portfolio of treatments in development, visit https://www.biohavenpharma.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #23 - First Generation Millionaire Physician Jul 19, 2021

    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 years out of training by spending less money than his peers with an equivalent income. By living like a resident for just a few more years, you can too. https://www.whitecoatinvestor.com/live-like-a-resident/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #219: Financial Priorities as a New Attending Jul 15, 2021

    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 life in that first year, can predict the next 30 or 40 years of your financial life with surprising accuracy. In this episode we go over the financial priorities of a new attending, what you should be focusing on and in what order, from insurance and student loans to retirement accounts and mortgages. For those who don't fall into this category we answer listener questions about asset allocations for 529 accounts, having multiple 401k(s), benefits of a side gig as a business owner, improving your cyber security and avoiding identity theft, and if the pandemic continues to affect the income recertification for IDR.

    This episode of The White Coat Investor is sponsored by Biohaven Pharmaceuticals. Biohaven is a commercial-stage biopharmaceutical company with innovative therapies designed to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven offers a broad pipeline of late-stage product candidates across three distinct mechanistic platforms, including developing therapies for patients with Amyotrophic Lateral Sclerosis (ALS), Alzheimer’s, and obsessive compulsive disorder (OCD). The FDA also recently gave Biohaven’s Nurtec® ODT (rimegepant) its second indication. To discover more about Nurtec ODT and Biohaven’s neuroinnovative portfolio of treatments in development, visit https://www.biohavenpharma.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #22 - Family Doc Pays Off $230K in 6 years Jul 12, 2021

    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. It was harder than she thought to pay them off. It is hard to make sacrifices. But she enjoys work so much more now that she is not obsessed with the debt.

    https://StudentLoanAdvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consult with Andrew Paulson, the Lead Student Loan Consultant and Co-Founder of https://StudentLoanAdvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #218: How Much Car Can You Afford? Jul 08, 2021

    "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 understand, that we are wasting a lot of money on cars. We simply consume it. You don't have to do that. Here is the other truth that makes it very difficult to talk about this subject, https://www.whitecoatinvestor.com/drive-a-beater-get-rich/ , most doctors make enough money that they can drive a very nice car and still be financially successful. So, despite the fact that this is an important aspect of your financial life if you're middle-class, it doesn't matter nearly as much for doctors. However, in this episode we discuss how to know how much car you can afford, debunk some of the reasons why doctors justify getting new cars instead of driving something inexpensive, and talk about the most economical way to pay for your transportation. For those who have their vehicle situation all figured out, we also answer several listener questions about 457s, ETFs, and mutual funds.

    This episode of The White Coat Investor is sponsored by Biohaven Pharmaceuticals. Biohaven is a commercial-stage biopharmaceutical company with innovative therapies designed to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven offers a broad pipeline of late-stage product candidates across three distinct mechanistic platforms, including developing therapies for patients with Amyotrophic Lateral Sclerosis (ALS), Alzheimer’s, and obsessive compulsive disorder (OCD). The FDA also recently gave Biohaven’s Nurtec® ODT (rimegepant) its second indication. To discover more about Nurtec ODT and Biohaven’s neuroinnovative portfolio of treatments in development, visit https://www.biohavenpharma.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #21 - Doctor and Nurse Become Millionaires in 5 years Jul 05, 2021

    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 reluctant partner to buy into budgeting. If you and your partner are not on the same page financially check out the article 7 ways to get your partner on board financially. https://www.whitecoatinvestor.com/7-ways-to-get-your-partner-on-board-financially/

    Your patients deserve affordable and convenient healthcare. We help them get the medications they need at a price they can afford. When you hand out GoodRx savings cards or recommend the GoodRx app to your patients, you could be saving them up to 80% on their prescriptions. GoodRx is accepted at over 70,000 U.S. pharmacy locations, no insurance needed. In fact, GoodRx prices are so low they may even beat insurance. All patients have to do is show the card or app to the pharmacist to save. Learn more at https://goodrx.com/WCI

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #217: Practicing Medicine in India Jul 01, 2021

    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 school, train, and practice medicine in India. It is a fascinating country with a lot of different people, opinions, and politics as you move from one state to another, throughout the country. But it's great to get an introduction to it and learn a little bit more about it. We discuss the process for becoming a doctor there, the Indian medical system and differences between care in large cities and care in rural villages. Of course we talk about income, how they pay for college and medical school, how large their student loan burden is, and how they save for retirement. Inflation in India has ranged from 4% to 13% over the last 30 years. Inflation in the US recently went up to 5% (https://www.whitecoatinvestor.com/inflation-basics/) . We discuss what lessons we can learn from Indians about how to live in an environment with significant inflation. Indian banks, tax brackets, sending money to India, and the importance of gold in India are all addressed in this interview. We hope you find it as interesting as we did.

    This episode of The White Coat Investor is sponsored by Biohaven Pharmaceuticals. Biohaven is a commercial-stage biopharmaceutical company with innovative therapies designed to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven offers a broad pipeline of late-stage product candidates across three distinct mechanistic platforms, including developing therapies for patients with Amyotrophic Lateral Sclerosis (ALS), Alzheimer’s, and obsessive compulsive disorder (OCD). The FDA also recently gave Biohaven’s Nurtec® ODT (rimegepant) its second indication. To discover more about Nurtec ODT and Biohaven’s neuroinnovative portfolio of treatments in development, visit www.biohavenpharma.com.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #20 - Psy-Fi MD Millionaire Jun 28, 2021

    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. They had to sell the practice and collect disability insurance payments. There is a reason disability insurance is the first step in our Bootcamp. Here is what you need to know about disability insurance. https://www.whitecoatinvestor.com/what-you-need-to-know-about-disability-insurance/

    https://StudentLoanAdvice.com is a White Coat Investor company created to help doctors, dentists, and other high earners tackle and defeat their student debt. Letting a professional guide you through the best options to manage your loans will save you hours of research and stress and potentially save hundreds to thousands of dollars with your custom student loan plan. Book a consult with Andrew Paulson, the Lead Student Loan Consultant and Co-Founder of https://StudentLoanAdvice.com today.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com


    WCI #216: Gold Bullion, Subway Franchises, Taxes, and Divorce Jun 24, 2021

    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 international stock allocations thrown in there. We discuss protecting your assets in a divorce, how you should invest money you don't want locked in a retirement account, maximizing student loan disbursements with PSLF, and for those still struggling with Form 8606, we address a rollover IRA question. See full show notes here https://www.whitecoatinvestor.com/qa-gold-bullion-subway-franchises-taxes-and-divorce

    A lot of physicians have questions about locum tenens, and https://www.whitecoatinvestor.com/locumstory is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://www.whitecoatinvestor.com/locumstory and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #19 - Millionaire Status in 5 Years Jun 21, 2021

    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, going from a net worth of minus 150K to 1.2 million. You can too and we can help! https://www.whitecoatinvestor.com/everyone-a-millionaire/

    Instead of helping 11 – 30 patients a day, what if you could affect exponentially more? In just 30 minutes, you can positively impact the patient journey, improve the development of medical devices, and influence emerging treatments. Join more than two million healthcare professionals around the world who take part in paid medical studies with M3 Global Research. You have a wealth of medical knowledge and experience that few others possess. Join M3 Global Research and help shape the future of healthcare. https://www.whitecoatinvestor.com/M3Global

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #215: Calculating ROI, Dollar Cost Averaging vs. Lump Sum, UTMA Accounts & TIPS Jun 17, 2021

    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 100% TIPS? Which is better for investing, dollar cost averaging or lump sum? These are the topics we discuss in this episode. If you have questions you want answered on the podcast, record them here http://speakpipe.com/whitecoatinvestor. We also dive into why you shouldn't get a car loan, how much malpractice coverage you should have as asset protection, and the challenges of lending money to family.

    Shopping for disability insurance is complicated enough. Wondering if you are getting the right coverage, unbiased advice, along with the best prices and discounts can make the process even more overwhelming. Pattern knows doctors have more important things to do than spend hours sorting through numerous insurance options. This is why thousands of White Coat Investor’s followers have trusted Pattern to help them compare and understand the disability insurance they are buying. Their online process is simple: First, request your quotes online. Second, compare your options and ask questions. And third, apply risk-free. Be confident you have the right policy at the best price. Request your disability insurance quotes with Pattern at https://patternlife.com/wcipodcast

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #18 - Cancer Researcher pays off $130K Jun 14, 2021

    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 huge weight off her shoulders and enabled her to focus on bigger priorities like funding 529s for her children. If that is your next goal see our review on 529 plans. https://www.whitecoatinvestor.com/best-529-plans-reviews-ratings-and-rankings/

    One of the most important steps to gaining financial independence is making sure that your income isn't interrupted by a career-ending disability. 1 in 4 Physicians will become disabled before they reach retirement, which is why disability insurance is crucial! However, shopping for disability insurance is complicated and can take up too much time. At Pattern, we simplify disability insurance for busy doctors with our simple online process. You can request your quotes, compare only the recommended options for doctors, and buy risk-free! Get started today by requesting your free quotes at https://patternlife.com/m2m and be confident you have the right policy and that your income is protected.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #214: Will Student Loans Be Forgiven? Jun 10, 2021

    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 and what that could look like. With the break on interest scheduled to come to an end this Fall, student loans are about to come front and center. Being in this state of limbo leaves borrowers with hundreds of thousands of dollars in student loans unsure of how to manage their loans going forward. Refinance and risk losing 0% interest if President Biden extends the deal? Or risk missing out on any loan forgiveness Congress may pass? There is a lot to think about right now so we brought on Andrew Paulson, of StudentLoanAdvice.com, in this week's episode to discuss loan forgiveness, interest rates, refinancing, consolidating and other questions about managing your student loan debt.

    Sponsor Laurel Road is committed to serving the financial needs of doctors. You take care of us. It’s time someone took care of you. With the new Laurel Road High Yield Savings℠ account, you can earn 10x the national average. Specially designed for doctors, our high yield savings account costs nothing to open and has no monthly maintenance fees. Information as of June 10, 2021. For terms and conditions, please visit https:///www.laurelroad.com/wci

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #17 - Nurse Practitioner and Pharmacist Millionaires Jun 07, 2021

    $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 like to you, and if that life doesn’t cost a lot of money, it will be a lot easier and make that journey enjoyable and not painful. Make sure what you spend your money on brings value to your life. Learn to be intentional with your spending https://www.whitecoatinvestor.com/intentional-spending/

    This podcast is sponsored by DLP Capital Partners. Don Wenner, Best-selling Author and Founder & CEO of DLP Capital Partners, believes in making an impact and helping investors leave a legacy. DLP’s funds offer double digit targeted annual returns, and DLP has never missed a return target since inception. Many White Coat Investors enjoy the consistent, high-yield returns. Go to https://DLPCapitalPartners.com/wci to learn more about the investment funds, get a free copy of Don’s best-selling book, and see an exclusive offer for our listeners. Again, that’s https://DLPCapitalPartners.com/wci

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #213: Rules and Options for Managing Inherited Retirement Accounts Jun 03, 2021

    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 will help you use that inherited money wisely but also make good decisions in your estate planning. We discuss what the rules and options are plus which accounts are the best to inherit and which are the worst. https://www.whitecoatinvestor.com/rules-and-options-for-managing-inherited-retirement-accounts

    We also dive into the listener questions that came in while we were rafting the Grand Canyon. Student loans are on more people's minds lately. Should you refinance your student loans now? Can you invest student loan money in retirement accounts? We discuss some physician specific topics like how to choose a specialty and some non physician specific questions like the difference between being compensated by SARs vs RSUs. Lastly we answer important questions like what percentage of your income you should be saving towards retirement and how to deal with inflation and your investing portfolio.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #16 - Paid off $260K in 2 years May 31, 2021

    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 of residency his head was in the sand, but he figured it out. You can’t put a price tag on the feeling of having your debts off your back. Read our Ultimate Guide to Student Loan Debt Management at https://www.whitecoatinvestor.com/ultimate-guide-to-student-loan-debt-management-for-doctors/

    Gain the expertise to manage the business of medicine with the Physicians Executive MBA at Auburn University’s Harbert College of Business. Auburn’s flexible, physicians-only program lets you earn your MBA without taking you away from your patients. Auburn’s unique 21-month program blends innovative distance learning with five short on-campus residencies. Tailored to the practicing physician, Auburn’s Physicians Executive MBA program is currently enrolling for Fall 2021. Take control of your future during these challenging times. Learn more at https://www.auburn-pemba.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #212: How to be a Coffeehouse Investor with Bill Schultheis May 27, 2021

    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. Long before the White Coat Investor, Bill was preaching that when you simplify your investments, you end up getting better returns. This gives you more time for family, friends, and other pursuits. The Coffeehouse Investor philosophy is essentially getting your money taken care of so you can focus on living. In this interview we talk a lot about the importance of creating balance in your life and keeping money in a healthy perspective. We don't live to make money. Money is to pay for the life we want to live. If you are finding your life a little unbalanced right now, this episode will help get you straightened out. https://www.whitecoatinvestor.com/how-to-be-a-coffeehouse-investor-with-bill-schultheis

    This episode is sponsored by Set For Life Insurance. They have helped thousands of physicians and professionals with their term life and disability insurance needs. As independent brokers, they work on your behalf to shop around to find the most suitable products at the most cost-effective rate. Their significant expertise and down to earth style helps you move through the process smoothly without any pressure. Because of their volume and exceptional reputation and the relationships they've developed over the years, they have access to special services not available elsewhere in the industry, including special discounts, priority underwriting handling and on some occasions exceptions in the underwriting process. So if you need term life or disability insurance, visit https://www.setforlifeinsurance.com today They will help you Get SET for LIFE!

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #15 - Financially Independent Military Periodontist May 24, 2021

    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 $80K/year starting at the age of 48. Not a typical FI story with a spending budget of $130K/year but with a family of 7 Casey can FIRE at age 48. He makes a good case for sticking it out for 20 years with the military! Learn more about being a military doctor https://www.whitecoatinvestor.com/being-a-military-doctor-podcast-92/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #211: Late Start Retirement Savings May 20, 2021

    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 things that a doctor just coming out of residency has not, like owning a car, home, and raising children. Your highest earnings of your career are typically in your 50s. So, when you are earning more, it's easier to save more. This episode will help a later saver know what to prioritize and to understand some of the benefits of their age. The truth is that no doctor is ever really more than 10 years away from financial independence. You can do this and we can help. https://www.whitecoatinvestor.com/behind-in-the-retirement-savings-game/

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #14 - Optometrist Pays off 229K in 26 Months May 17, 2021

    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 finally started throwing big chunks at the loan to pay off principal and loved the guaranteed return of paying off debt. If you need to refinance your loans, find great cash back deals here https://www.whitecoatinvestor.com/student-loan-refinancing/

    Our sponsor is Bob Bhayani at https://DrDisabilityQuotes.com , a “Truly Independent” organization. DrDisabilityQuotes.com was founded on the basic principle of providing unbiased & conflict free disability planning solutions to Physicians, Residents and Fellows nationwide. They shop your business with every major insurance carrier to create a True Own Occupation policy at best possible rates with all applicable discounting. If you need disability insurance Contact Bob at (973) 771-9100 or info@drdisabilityquotes.com

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #210: How to Survive and Thrive as a Divorced Doctor May 13, 2021

    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 those who have lived through it. Our guest in this episode, Dr. George Hwang presented at the WCI Conference 2021 https://www.whitecoatinvestor.com/cfe2021 about how you can survive and thrive as a divorced doctor. We get into the nitty gritty details of financial planning and divorce in this interview. It can be complex and divorce is not something people like to talk about. It is expensive and will greatly affect your financial planning. If you are in that 25% of physicians, this episode will answer many of your questions from attorney costs, mediation, child support, alimony, to valuing your assets, dividing them up equitably, and reevaluating your financial plan for the future. Listen to the episode then go complete these financial chores if you are divorced https://www.whitecoatinvestor.com/financial-chores-to-complete-after-divorce/

    Brought to you by the Laurel Road Student Loan Cashback℠ credit card https://www.laurelroad.com/WCI Laurel Road is committed to serving the financial needs of doctors. You take care of us. It’s time someone took care of you. With the new Laurel Road Student Loan Cashback℠ credit card, you can earn 2.0% in Cashback Rewards towards eligible student loans for each $1 spent on eligible purchases, or 1.0% in Cashback Rewards as a statement credit. Subject to credit approval. For terms and conditions, please visit Laurel Road. Laurel Road is a brand of KeyBank N.A. Member FDIC and Equal Housing Lender. NMLS # 399797.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #13 - Millionaire Internal Medicine Doctor May 10, 2021

    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. They chose investing in real estate. But the principles are the same: earn money, carve a good chunk out, and invest it in a smart way. It doesn’t take long until you’ve reached your goals. Every one of you can be a millionaire. https://www.whitecoatinvestor.com/everyone-a-millionaire/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner I trust. They've been around for more than 10 years and still maintain100% profitable track record with clear reporting and excellent educational content. Many of my readers have invested with 37th Parallel and so have I. I've been happy with my investment. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #209: Travel Hacking with Physician on Fire May 06, 2021

    For FIRE week on the White Coat Investor podcast, we have a guest host, Physician on Fire https://www.physicianonfire.com/credit-cards/ , discussing travel hacking and answering listener questions. You can earn free travel and he shows you how with regular spending and credit card welcome bonuses. Now credit cards are for convenience and only use them if you are disciplined enough to pay them off every month. Use autopay for all your cards and make sure you are getting at least 1.5% to 2% back on your everyday purchases. If you’re willing to pick up a new card a couple of times a year, and maybe cancel a card or two if you don’t think a card is worth the annual fee, you can get a LOT more bang for your buck by taking advantage of welcome bonuses. Let Leif show you how in this episode.

    He also answers many questions about bonds and their role in your portfolio, as well as maximizing the 199A deduction, turnover rates in index funds, and understanding your taxes on side income.

    This podcast is sponsored by Bob Bhayani at https://drdisabilityquotes.com He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob today at https://drdisabilityquotes.com , by email info@drdisabilityquotes.com or by calling (973) 771-9100

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #12 - Financially Independent by 31 May 03, 2021

    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 high savings rate and managing his spending well. A classic FIRE guy, this interview will give you tips, motivation, and inspiration to reach financial independence as quickly as possible. A good place to start is the live on half challenge https://www.whitecoatinvestor.com/live-on-half-challenge/

    Doctor Disability Insurance, Inc. is an innovative, one-stop service that makes disability insurance shopping quick, affordable, and easy to understand. Physicians and Dentists save time and money by comparing plans and prices from multiple insurance companies. The site provides free quotes from leading companies in the disability insurance industry along with friendly and knowledgeable customer support. Check it out at https://www.whitecoatinvestor.com/doctordisability

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #208: Annuities and Cash Secured Puts in Low Yield Times Apr 29, 2021

    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 ideas. We discuss a couple in this episode: cash secured puts and annuities. Since our crystal ball is as cloudy as yours, changing your investment strategy based on what you think will happen with rates in the future is generally not a good idea but we discuss when annuities might be appropriate for your portfolio. Learn more about the good annuity here https://www.whitecoatinvestor.com/spia-the-good-annuity/

    A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: Is it right for you? Go to https://locumstory.com and get the answers.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #11 - $145K Paid Off in 6 Months Apr 26, 2021

    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 arbitrage and being a dedicated nocturnist were keys to his success. Live like a resident and gain your freedom from debt! https://www.whitecoatinvestor.com/live-like-a-resident/

    If you still have private student loans at a high rate, we recommend checking out student loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of money with rates at historic lows. Splash Financial also offers refinancing to residents and fellows, and a cash bonus for eligible white coat investors. There is no cost to refinance your student loans. Go to www.splashfinancial.com/whitecoat today to see how much you can save.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com YouTube: https://www.whitecoatinvestor.com/youtube Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #207: The Delusions of Crowds with Bill Bernstein Apr 22, 2021

    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 book is about religion and finance and is Bill’s attempt to explain to a secular audience the current polarization of American politics and culture. We really like his focus on financial history. It is important to understand what has happened in the past and to carry those lessons into your current investing. We discuss past manias, mass delusions, and bubbles while comparing them to today’s world. Bill emphasized that we need to treat investing as a serious subject with fundamental textbooks and peer reviewed literature. See full show notes here https://www.whitecoatinvestor.com/the-delusions-of-crowds-with-bill-bernstein-podcast-207

    This episode is brought to you by the Laurel Road Student Loan Cashback℠ credit card. Laurel Road is committed to serving the financial needs of doctors. You take care of us. It’s time someone took care of you. With the new Laurel Road Student Loan Cashback℠ credit card, you can earn 2.0% in Cashback Rewards towards eligible student loans for each $1 spent on eligible purchases, or 1.0% in Cashback Rewards as a statement credit. Subject to credit approval. For terms and conditions, please visit www.LaurelRoad.com/WCI Laurel Road is a brand of KeyBank N.A. Member FDIC and Equal Housing Lender. NMLS # 399797.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #10 - Millionaire 5 years Post Residency Apr 19, 2021

    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 millionaire so quickly? She prepared a plan for her finances while she was in medical school. Still need a financial plan? Check out https://www.whitecoatinvestor.com/investing/you-need-an-investing-plan/

    This episode is brought to you by 37th Parallel Properties. There's a substantial body of evidence supporting commercial real estate investing. As one of the good guys in the industry, 37th Parallel Properties is a partner we trust. They've been around for more than 10 years and still maintain 100% profitable track record with clear reporting and excellent educational content. To check them out, hop on over to https://www.whitecoatinvestor.com/37parallel

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    YouTube: https://www.whitecoatinvestor.com/youtube

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #206: 10 Commandments for Financial Independence Apr 15, 2021

    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 https://www.whitecoatinvestor.com/the-10-commandments-of-the-white-coat-investor/ . Okay, these are not quite as good as those that were given to Moses, but this is the financial and investing philosophy of The White Coat Investor. You may not agree with all of it, but if you follow these commandments, financial success is guaranteed.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    YouTube: https://www.whitecoatinvestor.com/youtube

    Main Website: https://www.whitecoatinvestor.com

    Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #9 - Family Medicine Doc Receives PSLF Apr 12, 2021

    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 student loans forgiven. We discuss the mistakes she made and the lessons she learned in this episode to help those of you on this ten year journey to find success at the end. As you are working toward loan forgiveness make sure you are using the correct retirement accounts https://www.whitecoatinvestor.com/roth-vs-traditional-pslf/.

    If you still have private student loans at a high rate, we recommend checking out Student Loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of money with rates at historic lows. Splash also offers special refinancing to residents and fellows AND a cash bonus for eligible White Coat listeners. Go to splashfinancial.com/whitecoat today to see how much you can save.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Subscribe Here: https://www.whitecoatinvestor.com/youtube

    Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    WCI #205: Understanding Required Minimum Distributions Apr 08, 2021

    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 https://www.whitecoatinvestor.com/dont-fear-the-reaper-rmds/ One listener was concerned that they would end up losing money in retirement because not enough time and effort was spent in planning strategically for RMDs. In this episode we dive into everything you need to know about required minimum distributions: how they are calculated, what the minimum is, tax implications, and tax mitigation strategies. If you have any fears about RMDs, this episode will help alleviate them.

    For those of you who are not laying awake at night worrying about RMDs, we also answer listener questions about what to do with old retirement accounts, backdoor Roth IRAs, naming beneficiaries for 529 accounts, bond tents, how risky hobbies will affect your insurance, and indexed universal life insurance.

    Brought to you by the Laurel Road Student Loan Cashback℠ credit card http://www.LaurelRoad.com/WCI. Laurel Road is committed to serving the financial needs of doctors. You take care of us. It’s time someone took care of you. With the new Laurel Road Student Loan Cashback℠ credit card, you can earn 2.0% in Cashback Rewards towards eligible student loans for each $1 spent on eligible purchases, or 1.0% in Cashback Rewards as a statement credit. Subject to credit approval. For terms and conditions, please visit www.LaurelRoad.com/WCI. Laurel Road is a brand of KeyBank N.A. Member FDIC and Equal Housing Lender. NMLS # 399797

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Subscribe Here: https://www.whitecoatinvestor.com/youtube

    Main Website: https://www.whitecoatinvestor.com Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #8 - $450K Paid Off In 2.5 Years Apr 05, 2021

    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 Daniel but it feels every bit as good as he thought it would to be free of these student loans. It is possible with commitment, budgeting, and delaying gratification. Getting rid of your student loans is a trial run for your future goal of being financially independent. Find the tools you need to be manage your student loans at https://www.whitecoatinvestor.com/ultimate-guide-to-student-loan-debt-management-for-doctors/

    This episode was sponsored by Bob Bhayani, an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. If you need disability insurance coverage, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    WCI #204: First Year of Retirement with Physician on Fire Apr 01, 2021

    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 like. See the full shownotes http://whitecoatinvestor.com/first-year-of-retirement-with-physician-on-fire-podcast-204 We discuss that loss of identity as a doctor and what he says he does for a living now. Does he miss work? Is he happier now? What are they doing about health care? How will they leave wealth to their children? We also talk about the psychology of changing from the accumulation phase to the withdrawal phase and what his asset allocation is now as well as what it would be like to return to practicing medicine. Many think about an early retirement. This episode will give you a picture of what it could look like for you.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

    The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

    Subscribe Here: https://www.whitecoatinvestor.com/youtube

    Main Website: https://www.whitecoatinvestor.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter


    MtoM #7 - Psychiatrist pays off $330K in 3.5 Years Mar 29, 2021

    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. She took the WCI advice to live like a resident to heart. She sees debt as a great evil that keeps people down and is now so relieved to have it gone. See this advice for how to live like a resident https://www.whitecoatinvestor.com/live-like-a-resident/

    This episode was brought to you by Laurel Road. At Laurel Road, we’ve always been committed to serving the financial needs of doctors, and we’re taking that commitment to the next level with a special announcement today on National Doctors' Day. For more information on this exciting initiative for doctors, please visit www.LaurelRoad.com. Laurel Road is a brand of KeyBank N.A. Member FDIC and Equal Housing Lender. NMLS # 399797


    WCI #203: Benefits and Drawbacks of an MSO Mar 25, 2021

    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 people will be interacting with MSOs, either as an organization providing administrative services for your practice or as a private equity buyout that acquires your practice and you take more of an employee role. In this episode we discuss the advantages and disadvantages of an MSO to help you decide if this move is right for your practice. We also answer listener questions about what to do if you are denied life insurance, whether you should do Mega Roth IRA or tax deferred contributions, where to put your REITs, and purchasing company stock. See full show notes here https://www.whitecoatinvestor.com/mso-podcast-203/

    This episode is brought to you by 37th Parallel Properties https://www.whitecoatinvestor.com/37parallel There is a substantial body of evidence supporting commercial real estate investing. Through the years, as we gained a deeper understanding of the asset class, we added more and more to our portfolio. But, unless you want to manage it yourself, the real trick is to find a trusted investment sponsor. As one of the good guys in the industry, 37th Parallel Properties is a partner we trust. They’ve been around for more than ten years and still maintain a 100% profitable track record with clear reporting, and excellent educational content. Many of our readers have invested with 37th Parallel, and so have we. If you’d like to check them out, go to https://www.whitecoatinvestor.com/37parallel


    MtoM #6 - Millionaire Status - Automatically Mar 22, 2021

    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 partner to make some sacrifices early on to reach their goals so they can live like no one else later. Now they have the opportunity to cut back to part time, retire early, or pursue other interests. Want to be a millionaire? Follow the steps found here: https://www.whitecoatinvestor.com/everyone-a-millionaire/

    This episode was sponsored by Bob Bhayani, an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. If you need disability insurance coverage, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    WCI #202: Working Together with Your Partner, with Mrs. WCI Mar 18, 2021

    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 together to strengthen our relationship and our finances through the long pipeline of medical training and on to financial independence. From this episode you will see that getting on the same financial page with your partner takes time and effort but working together towards your shared goals is worth it. Learn how to work together here. https://www.whitecoatinvestor.com/7-ways-to-get-your-partner-on-board-financially/

    If you have student loans, SoFi sofi.com/whitecoatinvestor practically invented student loan refinancing in 2011 and right now they have the lowest starting fixed interest rates they’ve had in years, which could help you save thousands of dollars on your student loans. Plus, they just lowered rates for physicians and dentists still in residency. If you refinance your student loans through SoFi, you’ll get a $500 cash welcome bonus just for listeners of this podcast.


    MtoM #5 - Anesthesiologist Pays Off $300K in 2 Years Mar 15, 2021

    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 you no longer care what other people think, you can avoid the lifestyle creep and reach your financial goals. Learn how to avoid the lifestyle creep https://www.whitecoatinvestor.com/how-to-avoid-the-traps-of-lifestyle-creep/

    If you still have private student loans at a high rate, we recommend checking out Student Loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of money with rates at historic lows. Splash also offers special refinancing to residents and fellows AND a cash bonus for eligible White Coat listeners. Go to splashfinancial.com/whitecoat today to see how much you can save.


    WCI #201: When to Rent vs Buy a Home Mar 11, 2021

    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? But what we wish they were asking is should I buy a home at all, and if the answer is yes, should I use a doctor mortgage (https://www.whitecoatinvestor.com/doctorloan) or a conventional mortgage? We are going to jump into all these questions in this episode. Home ownership is great when done at the right time and right place. We hope this episode will help you be successful identifying that time and place for you.

    If you have student loans, SoFi (https://www.sofi.com/whitecoatinvestor) practically invented student loan refinancing in 2011 and right now they have the lowest starting fixed interest rates they’ve had in years, which could help you save thousands of dollars on your student loans. Plus, they just lowered rates for physicians and dentists still in residency. If you refinance your student loans through SoFi, you’ll get a $500 cash welcome bonus just for listeners of this podcast.


    MtoM #4 - Military Pediatrician Pays off $150K in 15 Months Mar 08, 2021

    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 toward the loans each month. Working together with her partner, this pediatrician slayed her six figure student loan debt in only 15 months, giving them the freedom to now spend how they want without the weight of debt on their shoulders.

    If you still have private student loans at a high rate, we recommend checking out Student Loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of money with rates at historic lows. Splash also offers special refinancing to residents and fellows AND a cash bonus for eligible White Coat listeners. Go to splashfinancial.com/whitecoat today to see how much you can save.


    WCI #200: Vetting Private Real Estate Deals Mar 04, 2021

    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 income today, especially real estate. See full show notes here https://www.whitecoatinvestor.com/vetting-private-real-estate-deals-podcast-200 . We discuss how to vet private real estate deals. We talk about what a young physician starting from scratch can do to dial up his real estate portfolio. We share some of the deals we have done that have gone bad and debate whether taking money out of traditional retirement accounts to fund real estate investments is a good idea. If you want to know how to get started with this asset class, this is a great podcast to listen to.

    Pattern https://www.whitecoatinvestor.com/patternpodcast knows doctors have more important things to do than spend hours sorting through numerous insurance options. This is why thousands of White Coat Investor’s followers have trusted Pattern to help them compare and understand the disability insurance they are buying. Their online process is simple: First, request your quotes online. Second, compare your options and ask questions. And third, apply risk-free. Be confident you have the right policy at the best price. Request your disability insurance quotes with Pattern.


    MtoM #3 - Become a Millionaire with the 1/3 Income Rule Mar 01, 2021

    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 white coat investor portfolio. But we learn there is more than one way to become wealthy. They all start with a high savings rate though. He applied the 1/3 rule. He saved a 1/3 of his income, enjoyed 1/3 of his income, and used a 1/3 for his living expenses. Save 33% of your income and you can do nearly anything and still be a multimillionaire by mid career. Check out this post for ways to increase your savings rate. https://www.whitecoatinvestor.com/friday-qa-series-7-ways-to-increase-your-savings-rate/

    This episode was sponsored by Bob Bhayani, an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. If you need disability insurance coverage, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    WCI #199: Asset Protection with Jay Adkisson Feb 25, 2021

    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? How much anxiety should a doctor really feel about asset protection? Our guest in this episode is Jay Adkisson, an expert in asset protection. We discuss a basic framework for thinking about asset protection, domestic asset protection trusts, personal liability insurance, malpractice insurance, protecting your home equity, LLCs, the California Private Retirement Plan, bankruptcies, and how many doctors he has known personally who have lost everything in a lawsuit. If worry over protecting your assets has kept you up at night, this is the episode for you. See the full show notes here https://www.whitecoatinvestor.com/asset-protection-with-jay-adkisson-podcast-199

    This episode is brought to you by 37th Parallel Properties There is a substantial body of evidence supporting commercial real estate investing. The real trick is to find a trusted investment sponsor. As one of the good guys in the industry, 37th Parallel Properties is a partner we trust. Many of our readers have invested with 37th Parallel, and so have we. Check them out at https://www.whitecoatinvestor.com/37parallel


    MtoM #2 - Pediatric Intensivist gets PSLF with No Hassle Feb 22, 2021

    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 why only 2.4% of the people applying are successfully getting PSLF and what you can do to be one of them. Who should go for PSLF? See this post to know if it right for you. https://www.whitecoatinvestor.com/pslf-attending-physician/

    This episode is sponsored by Larry Keller at Physician Financial Services https://www.physicianfinancialservices.com/. Larry is an independent insurance agent who works almost exclusively with physicians. If you're in the market for disability or term life insurance, contact Larry Keller today by email at lkeller@physicianfinancialservices.com or by phone at 800-481-6447


    WCI #198: Where to Save $100K for Private Real Estate Feb 18, 2021

    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 on that role with consequences which we don't necessarily want. In this episode we discuss physician leadership with Dr. Brent Lacey. See the full show notes here https://www.whitecoatinvestor.com/the-value-of-physician-leadership-podcast-197 . We talk about how to overcome our reluctance to lead and be better leaders, how to run more efficient meetings, manage hiring and firing better, deal with crises, and have a vision and a mission for our practice that everyone buys into. In the day to day work as a doctor, leadership is required. Gain the leadership skills you need. Start with this episode.

    If you are interested in investing in real estate, make sure you are signed up for the White Coat Investor Real Estate Opportunities List https://www.whitecoatinvestor.com/free-monthly-newsletter/ You will receive emails about opportunities to invest in private real estate along with a monthly email newsletter with WCI real estate information and links to other information about real estate on the internet. Don't miss out! Sign up today.


    MtoM #1 - High COLA Family Doc Slays $400K in Student Loans Feb 15, 2021

    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? Refinancing to a lower rate and then budgeting together. By becoming more intentional in their spending and cost conscious in their travel they were able to pay off their loans sooner than they planned. You can still do this in a high cost of living area. Be intentional. You got this and we can help. If you still need to refinance your student loans to a lower rate visit https://www.whitecoatinvestor.com/student-loan-refinancing/

    This episode was sponsored by Bob Bhayani, an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. If you need disability insurance coverage, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    WCI #197: The Value of Physician Leadership Feb 11, 2021

    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 on that role with consequences which we don't necessarily want. In this episode we discuss physician leadership with Dr. Brent Lacey. See the full show notes here https://www.whitecoatinvestor.com/the-value-of-physician-leadership-podcast-197 . We talk about how to overcome our reluctance to lead and be better leaders, how to run more efficient meetings, manage hiring and firing better, deal with crises, and have a vision and a mission for our practice that everyone buys into. In the day to day work as a doctor, leadership is required. Gain the leadership skills you need. Start with this episode.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. If you need disability insurance coverage contact Bob today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    196: Understanding Tax Brackets Feb 04, 2021

    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 routinely overestimate how much they pay in taxes. We think there are four reasons why tax brackets are hard for people to comprehend. Listen to this episode to find out what they are and to gain a better understanding of tax brackets. See full show notes here https://www.whitecoatinvestor.com/understanding-tax-brackets-podcast-196.

    For those with a firm grasp of how they are taxed, we also answer listener questions about choosing stock options or restricted stock units at your next job, what are the major classes of bonds the average DIY investor should understand and consider, which bond classes are least correlated with stocks, what a reasonable overall bond allocation is, bond classes that individuals who live in high COLAs should consider, AOTC tax credits, financial book recommendations for children, and Non governmental 457s.

    If you have student loans, SoFi https://www.whitecoatinvestor.com/slr/i/sofi practically invented student loan refinancing in 2011 and right now they have the lowest starting fixed interest rates they’ve had in years, which could help you save thousands of dollars on your student loans. Plus, they just lowered rates for physicians and dentists still in residency. If you refinance your student loans through SoFi, you’ll get a $500 cash welcome bonus just for listeners of this podcast.


    195: Investing Lessons from Christine Benz of Morningstar Jan 28, 2021

    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 personal finance and a senior columnist at Morningstar. She is the author or co-author of five books, including 30-minute Money Solutions, which we will be given away at the WCI Conference https://www.whitecoatinvestor.com/conference in March, where she is our keynote speaker. Christine has had a 30 year career at Morningstar so lots of investing lessons to be learned from her. See the full show notes here http://whitecoatinvestor.com/investing-lessons-from-christine-benz-of-morningstar-podcast-195 . In this interview we discuss the star rating system for mutual funds that Morningstar uses, her experience educating women investors vs men, owning individual stocks and cryptocurrency, complacency about equity risk these days, whether you should change anything about your investing plan with a new president in office, and what lessons we should take from our experience during this pandemic.

    If you have student loans, SoFi https://www.whitecoatinvestor.com/slr/i/sofi practically invented student loan refinancing in 2011 and right now they have the lowest starting fixed interest rates they’ve had in years, which could help you save thousands of dollars on your student loans. Plus, they just lowered rates for physicians and dentists still in residency. If you refinance your student loans through SoFi, you’ll get a $500 cash welcome bonus just for listeners of this podcast.


    194: The Backdoor Roth IRA Made Easy Jan 21, 2021

    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 be confusing. In this episode we discuss what a backdoor Roth IRA is, steps for successfully contributing to a backdoor Roth IRA, and how to fix errors that occur in each step. See full show notes here whitecoatinvestor.com/the-backdoor-roth-ira-made-easy-podcast-194

    For those who have mastered the backdoor Roth IRA we also answer listener questions about adding new asset classes to your investment plan, tax implications for inherited money, helping parents with financial advice, behavioral and math components to personal finance, legal issues concerning being recorded at work, and recharacterizing contributions you have made to your retirement accounts.

    If you have not done your Roth IRA contribution yet this year, let this episode be the motivation to get it done.

    If you have student loans, SoFi https://www.sofi.com/whitecoatinvestor/ practically invented student loan refinancing in 2011 and right now they have the lowest starting fixed interest rates they’ve had in years, which could help you save thousands of dollars on your student loans. Plus, they just lowered rates for physicians and dentists still in residency. If you refinance your student loans through Sofi , you’ll get a $500 cash welcome bonus just for listeners of this podcast.


    193: Cure Physician Burnout with Dr. Dike Drummond Jan 14, 2021

    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 episode is Dr. Dike Drummond who we have written about before https://www.whitecoatinvestor.com/using-a-venn-diagram-to-decrease-burnout/ . He has spent the last 20 years coaching and training physicians on the prevention and recovery from burnout. In this interview we discuss the causes of physician burnout, depression vs burnout, symptoms of burnout, and how to recover from it. Recovering from and preventing burnout, and building a wonderful life is just connecting a series of baby steps. If you are feeling burned out and looking for a cure, start with this episode and it will help you identify the next steps. See the show notes here http://whitecoatinvestor.com/cure-physician-burnout-with-dr-dike-drummond-podcast-193

    Gain the expertise to manage the business of medicine with the Physicians Executive MBA at Auburn University’s Harbert College of Business. Their flexible physicians-only program lets you earn your MBA without taking you away from your patients. Auburn’s unique twenty-one-month program blends innovative distance learning with five short on-campus residencies. Tailored to the practicing physician, Auburn’s Physicians Executive MBA program is currently enrolling for Fall 2021. Take control of your future during these challenging times. Learn more at http://www.auburn-pemba.com


    192: Is Your Financial Plan Reasonable? Jan 07, 2021

    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 simply are not reasonable. There is not just one way to invest successfully. If you pick something reasonable and fund it adequately, you are highly likely to reach your goals. In this episode we will go through 10 ways to know if your written financial plan is reasonable, answer several listener questions about their financial plans, and give you directions on how to get a written financial plan in place, if you have not done this important step yet. See the full show notes here http://whitecoatinvestor.com/is-your-financial-plan-reasonable-podcast-192

    Our sponsor, Doctor Disability Insurance, Inc. is an innovative, one-stop service that makes disability insurance shopping quick, affordable, and easy to understand. Physicians and Dentists save time and money by comparing plans and prices from multiple insurance companies. The site provides free quotes from leading companies in the disability insurance industry along with friendly and knowledgeable customer support. Based in San Clemente California, President and CEO Chuck Krugh is a Certified Financial Planner with more than 20 years of experience working with professionals in the medical/dental industry. If you need disability insurance contact Chuck today at https://www.whitecoatinvestor.com/doctordisability


    191: Don't Make These 10 Financial Mistakes Dec 31, 2020

    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 think we have to get everything right with our finances, but you really don't. You just have to avoid the big screw ups. If you have made one of these mistakes, fix it today and get back on track for a successful financial life. See the full show notes at https://www.whitecoatinvestor.com/dont-make-these-10-financial-mistakes-podcast-191

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob today by email info@drdisabilityquotes.com or by calling (973) 771-9100


    190: The Next Millionaire Next Door Dec 24, 2020

    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 name as you are of her late father, Thomas Stanley, author of The Millionaire Next Door. See the full show notes for our interview here https://www.whitecoatinvestor.com/the-next-millionaire-next-door-podcast-190

    They were involved in research examining these economically successful Americans and co-wrote The Next Millionaire Next Door. Much has changed from the first millionaire book. A new generation are hearing from self proclaimed experts in personal finance due to the proliferation of financial blogs and podcasts, like WCI. In this episode we talk about the concept of a millionaire, though the name and image haven't changed, a million dollars is nowhere near what it used to be. We discuss the decisions, behaviors, and characteristics of the new millionaire next door and how they align with the discipline of building wealth. The main lessons of her work seem to be that millionaires are mostly self-made, surprisingly frugal, and spend time doing things that build wealth. We talk about each of those things in this episode.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    189: Inherited IRAs Dec 17, 2020

    If you are fortunate enough to inherit an IRA there are some things you should know. Inherited IRAs, also known as stretch IRAs (https://www.whitecoatinvestor.com/new-stretch-ira/) have changed this year. You can no longer leave it to your great grandchild and have them stretch it over the next 80 years. They have to withdraw all the money in year 10. But a listener asked how this affects the backdoor Roth IRA, when it makes sense to roll the IRA over, and whether you can roll these over in the same way as you would other accounts. We delve into these questions in this episode for those looking forward to an inherited IRA.

    For the rest of you, we talk about whether you should do Roth or tax-deferred 401K contributions, rebuilding your practice during COVID, rebalancing your accounts, whether a medical student should buy disability and umbrella insurance, and what to do if you should have done your Roth IRA through the backdoor but you didn't. Check out the full show notes here https://www.whitecoatinvestor.com/inherited-iras-podcast-189

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    188: Dr. Rick Hodes, a Life Dedicated to Service Dec 10, 2020

    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 wrote we wanted to be in our medical school admission essay. We talk about how he got started practicing medicine internationally, the interesting work that he has done, and the many people that he has been able to help. We discuss the finances behind work like this and the effort put into fundraising. Some people have criticized international aid programs saying they are doing more harm than good and we get into that too. Many of our profession are suffering from burnout. Dr. Hodes has some advice on that as well, 30+ years into his career. We also talk about how you can help. For not a lot of money, we can help a lot of people. Rick shows us what a true calling in medicine can look like. Take a listen and see if you find this interview as inspiring as I did.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    187: How Much Should You Put in a Roth? Dec 03, 2020

    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 it worth the cost to get to it? These questions are discussed in this episode. There is a general rule of when to make pre-tax vs post-tax retirement contributions as well as when are good times to do Roth conversions. Listen to this show to better understand those as well.

    We also dive into listener questions about paying off the mortgage vs investing in a taxable account, understanding how to max out your 401(k), cash balance plans, investing in farmland, over contributing to your HSA, rebalancing your portfolio between accounts, investing in annuities, and the complications of sharing assets with extended family members. A wide variety of listener questions this week that will hopefully be helpful to many.

    Sponsor

    Provider Solutions & Development is a community of experts dedicated to offering guidance and career coaching to physicians and clinicians throughout their entire job search. Whether you are looking to dive deeper into your specialty work, strive towards a healthier work-life balance, or a little bit of both, they can help find the right fit for you. Start the conversation today at www.psdrecruit.org/whitecoatinvestor.


    186: Pilots are High Income Professionals Too Nov 26, 2020

    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 financial challenges. You make little to no income for a decade, then pretty good income for as long as you can go without burning out. Joining us in this episode is Jason Depew, a veteran and current captain with Delta. We discuss the parallels between the financial lives of doctors and pilots like high income, burnout, geographical arbitrage, lack of financial education, and the loss of income during this pandemic. Pilots are unionized. We talk about the benefits and drawbacks of being part of a powerful union, which may be the future of medical professionals. Pilots, especially with the major airlines, are a high income professional category that we don't discuss a lot at the White Coat Investor, but this episode will be a great resource for our pilot listeners as well as all other high income professionals.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    185: Finances in the Great White North Nov 19, 2020

    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 U.S. social security system. We discuss their versions of our Traditional and Roth IRA accounts. Considering our close proximity to each other, it is no surprise that a couple of listeners have questions about working in one country and living in another as well as Americans married to Canadians and what to do about citizenship. We cover the pros and cons of those situations in this episode. For those with no connection to the Great White North we also answer other questions about separately managed accounts, over-contributing to the 457(b), marketing timing in the de-cumulation phase, UTMA accounts, and the CARES Act tax deductible student loan payment.

    Sponsor

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    184: Selling Your Practice to a Private Equity Firm Nov 12, 2020

    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 think that this is a good time to sell. The younger doctors thought they just joined a partnership and were looking forward to owning their business and having control. What do you do if you are the younger doctor? We discuss some ideas in this episode that will hopefully help, if you find yourself in this situation.

    We also answer a lot of other listener question about challenges facing families with children with special needs, small business retirement accounts, understanding a wash sale, reporting the backdoor Roth IRA with a loss, understanding dividend stock investing, the S&P 500 vs total stock market index fund, and what recommendations I have for medical students to do early in their career to prepare themselves for entering the workforce.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    183: Physician Moms and Their Finances Nov 05, 2020

    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 75,000+ other physician mom members! We delve into lots of topics surrounding finances as a physician mom including infertility, child care, career changes, and gender wage gap. We talk about women in medicine. Over 50% of medical students are now women. What implications will that have for the physician workforce? Women are often hesitant to negotiate when getting a new job. What can be done to encourage them to negotiate harder and avoid any negative consequences that could come from doing so?

    Not everyone has this Instagram perfect life where they're beautiful and have no struggles. Our lives are hard, layered, and dynamic. Not only is medicine your profession, but it is your identity. Your worlds kind of collide as a physician mom and it is a lot of pressure. The truth is, it is not just women who are struggling. Men have the same issues, balancing life and work and all these other things but today's episode really focuses on them from a woman's perspective.

    Now is the time to start thinking about whether your current tax plan is truly tax-efficient and keeping more of your hard-earned money in your pocket. At Cerebral Tax Advisors, https://www.cerebraltaxadvisors.com/ they focus on all year PROACTIVE tax planning, and, as the spouse of a physician, their founder, Alexis Gallati, has over 18 years of experience using court-tested, IRS approved tax strategies to lower your effective tax rate and increase your wealth. Her services are flat rate, and she will show you your return on investment before you invest in Cerebral’s services. With 2020 coming to a close, NOW is the time to see if you are missing vital strategies in your tax plan.


    182: Stock Market and Elections Oct 29, 2020

    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 Democrat? If the office were to change hands, what is the usual market trend during the lame duck period and also just after a new president takes office? More importantly what should you do with your portfolio based on these trends? We dive into this past market data in this episode, find some interesting trends, and give some warnings on what you should do.

    Spoiler: Please don't make any huge changes to your investing plan based on how the election is going, what is in the political news, even what is in the economic news.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    181: Evidence-Based Investing with Larry Swedroe Oct 22, 2020

    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 evidence-based investing for a long-time. His teachings have affected me over the years and certainly affected my portfolio construction. In this interview we talk about the limited data set in finance in comparison to other more scientific fields and how much we can rely on that retrospective data going forward. We discuss portfolio construction, alternative asset classes, recommended strategies for spending down assets in retirement, and investment mistakes smart investors make. Are you a smart investor? Find out in today’s episode.

    This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100.


    180: More Physician Millionaires Oct 15, 2020

    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 first episode with physician millionaires the start of 2020. People loved hearing from these successful doctors and what they did to win financially, but they wanted more women represented. So all seven guests today are female, 6 physicians and an engineer. We