White Coat Investor Podcast

Latest Episodes:

WCI #396: Financial Planning For Special Needs Kids with Dr. Bryan Jepson Dec 05, 2024

Show notes

Today we are talking with practicing emergency physician and financial planner, Dr. Bryan Jepson. Dr. Jepson shares his journey from emergency medicine to opening a clinic to help children with autism before finding his way back to the ER and then into finance. In addition to being a physician and financial planner he is also a chartered special needs consultant. Dr. Jepson has two children with autism and shares his personal experience and his professional expertise around financial planning for families that have children with special needs. Navigating special needs trusts, able accounts, Social Security, Medicare and more can be complicated and requires a lot of work and time. We hope this episode helps anyone who is learning how to financially care for and support a special needs loved one.

Getting quality disability and life insurance should be the first financial chore for a doctor to complete. Most docs don't have the ideal policy for their gender, specialty, state, or health status and 1 in 7 doctors get disabled at some point during their career. Because these policies can only be purchased through brokers, we have put together a list of vetted agents who are experienced with working with the specific needs of medical professionals and who have your best interest at heart. If you have questions about insurance and what kind of policies would be the best fit for you, check out our insurance recommended list at https://www.whitecoatinvestor.com/insurance and feel the peace of mind that comes with knowing you have the optimal policy in place. You can do this and The White Coat Investor can help.

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 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 #199: Nurse Practitioner Becomes a Millionaire by Doing Locums and Finance 101: Trading Dec 02, 2024

Show notes

Today we are celebrating a Nurse Practitioner who has become a millionaire. A few years into her career she was feeling bored and wanted a change. So she made a change and started doing traveling locums. She loves working with different populations, the travel and the higher pay. She said she makes nearly double what she would at a permanent position. She has a love for travel and is able to take 3 months off each year to spend time with family and see the world. If you have ever considered traveling locums this episode is for you! For Finance 101 we will be talking about trading.

No more wading through dozens of books at the library, scrolling through hundreds of blog posts on dozens of blogs, or checking in daily with online forums trying to gain a financial education the way the hobbyists do. For a fraction of the price of hiring a professional financial planner, the Fire Your Financial Advisor online course will take you from feeling anxious and having no plan to having a written financial plan you can follow the rest of your investing career as a professional and a retiree. This course is the material that should have been taught to you in college, medical school, or residency but never was. Fire Your Financial Advisor also has a version eligible for CME credit. Get your financial life in order today. Go to https://www.whitecoatinvestor.com/courses to sign up. You can do this and The White Coat Investor can help.

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 #395: Navigating the Nuances of Career, Family, and Money with Dr. Lisha Taylor Nov 28, 2024

Show notes

Today we covering a range of topics with our friend Dr. Lisha Taylor. We discuss topics like what the arrival fallacy is and what to do about it and how you know when you have "enough". We debate if FIRE is the cure or the cause of burnout, then talk about some alternative ideas to the typical way inheritance is planned for and more!

If you are finding our podcasts informative and helpful, check out our website! Since 2011 we have been working hard to provide valuable personal finance and investing information through thousands of blog posts written by an array of authors. You can find information on how to manage your student loans, fix and avoid common financial mistakes, understand your retirement accounts, optimize your investments, find professional help at a fair price, get started investing in real estate, and so much more, all at no cost to you. You can find out more about the courses we offer, the conferences we put on, the newsletters we provide, and interact with other WCI readers through our online forum. Head on over to https://www.whitecoatinvestor.com to start learning today. You can do this and The White Coat Investor can help.

MtoM #198: Financially Recovering From a Divorce and Finance 101: The Importance of Both Spouses Working Towards Financial Goals Together Nov 25, 2024

Show notes

Today we are talking with an anesthesiologist who went through an emotionally and financially tough divorce. He came on the podcast to encourage anyone going through a similar situation to hang in there and know it will be better on the other side. This doc had his financial awakening soon after his divorce when he realized he had to turn his finances around. He started working more and got into a few side gigs so he could increase his income. He got out of debt and started saving and building wealth. He is now happily remarried and financially successful. After the episode stick around for Finance 101 for a discussions about the importance of you and your spouse working toward your financial goals together.

The White Coat Investor is proud to introduce our No Hype Real Estate Investing course, which will provide the framework for developing further knowledge and experience as you progress in your real estate investing career. We call it an introductory course because there is always more to learn. But this is no short, superficial course. There are over 200 lectures and videos adding up to more than 27 hours of content by over 15 different instructors. We think it just might be the best real estate course on the planet. Continue your wealth-building journey today with the No Hype Real Estate Investing course at https://www.whitecoatinvestor.com/courses. You can do this and The White Coat Investor can help.

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

WCI #394: Index Funds, Real Estate, and Buying Into Your Practice Nov 21, 2024

Show notes

Today we start off with a dive into HSAs then answer a question about low cost index funds and how they actually work. We get into the weeds with a question about what happens when you take out a loan from your 401(k) to invest in real estate. We talk about what to consider and prioritize when buying into partnership then discuss some thoughts around managing your portfolio. We also have a short interview with our friend Paul Moore from Wellings Capital.

Love what you hear on the podcast? Looking for more great White Coat Investor content? Head over to our YouTube channel where you can watch video recordings of our podcast, short snippets of financial tips explained succinctly by me and others, and deep dives into topics for more in depth learning. You can even learn all about real estate with webinars from our real estate partners. Check out all this and more at https://www.youtube.com/thewhitecoatinvestor. You can do this and The White Coat Investor can help.

MtoM #197: Rehab Docs Pays Off Student Loans in 16 Months and Finance 101: Pessimism Nov 18, 2024

Show notes

This rehab doc paid off $380,000 of student loans in only 16 months! He obviously worked like crazy over that time period to be able to accomplish that goal. He said he knew his value for freedom to choose what to do in the future would keep him motivated when he was starting to feel burnt out. Having the loans gone has given him that freedom and he feels like the work was worth it. He is now excited to focus on his quality of life as well as to start building his retirement accounts. After the interview we will be talking about pessimism for Finance 101.

If you are finding our podcasts informative and helpful we would encourage you to sign up for our monthly newsletter! It is totally free and includes useful, actionable information NOT AVAILABLE on the regular blog posts. It's almost like being in a secret club - the kind of club that can boost your knowledge and enhance your wealth at the same time - with no strings attached. Visit https://www.whitecoatinvestor.com/newsletter to sign up today. You can do this and The White Coat Investor can help.

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

WCI #393: Heroes of My Life, Part 2 Nov 14, 2024

Show notes

This is part two of Dr. Dahle's fall and rescue story. If you did not listen to last weeks episode yet, be sure to start there. We are picking the story back up as we continue to hear the impact of this experience on Dr. Dahle, his family, friends and coworkers. You will hear from all of the people who had a hand to play in his rescue, hospital stay and overall recovery. It is a heartfelt story full of gratitude both for life, and for the unsung heroes in our lives.

If you'd like to join Jim & Katie in donating to the Jenny Lake Rangers rescue team, you can learn more here: https://WhiteCoatInvestor.com/JennyLakeRangers

Did you know that the White Coat Investor not only has a podcast and a blog but several books that will help you on your way to financial independence. These books cover topics such as asset protection and minimizing your taxes to keep more of your hard earned money. They discuss plans for insurance, housing, spending, student loan elimination, investing and estate planning. You can learn how to become a millionaire within 5-10 years of leaving residency and how to invest in a sensible low cost and effective manner with or without the assistance of a financial advisor. There is even a book geared directly toward medical and dental students so you can start optimizing your finances early in your professional journey. Find the book that is right for you at the WCI store at https://www.shop.whitecoatinvestor.com or on Amazon. You can do this and The White Coat Investor can help.

MtoM #196: Surgeon Gets Back to Broke During Residency and Finance 101: The Basics of Real Estate Investing Nov 11, 2024

Show notes

This general surgery resident is back to broke before he has even completed training. He became financially literate early in his training and got to work saving and investing and it has already paid off. He said he has had this success because he knows how to set goals and delay gratification. He shared the importance of creating good habits and mindset around money. After the interview we will be talking about the basics of real estate investing for finance 101.

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

WCI #392: Heroes of My Life, Part 1 Nov 07, 2024

Show notes

We are so excited to welcome Dr. Dahle back to the podcast after a few months off as he recovered from his mountain climbing accident. Back in August Dr. Dahle was climbing the north face of the Tetons with his long time climbing partner and friend. He had a serious fall and is very lucky to be on his way back to a full recovery. Today we are telling his story. You will hear from all of the people who had a hand to play in his rescue, hospital stay and overall recovery. It is a heartfelt story full of gratitude both for life, and for the unsung heroes in our lives.

MtoM #195: Radiologist Goes Part Time and Finance 101: Real Estate vs. Stocks Nov 04, 2024

Show notes

This radiologist has had so much success and is celebrating cutting back to part time. He has a net worth of roughly $11 million and could have retired if he wanted to. He said going part time has re-sparked his love for his work and he thinks he will keep working far longer than he thought he would want to. His biggest advice to you is to invest in more than just money. It is just as important, if not more important, to invest in your marriage, your kids, your family, yourself and your community more than anything else. After the episode we will be comparing real estate and stocks.

Do you ever find yourself wishing there was somewhere to go to ask your finance, insurance or investing questions? The White Coat Investor community is a great place to turn. We have a thriving community across all of our social channels - facebook, twitter, instagram, reddit and our WCI forum. We have been discussing solutions to your money problems since 2011. Join the conversation with thousands of other White Coat Investors. Follow WCI on your favorite social media platform for financial resources, tips and strategies. Just head to your platform of choice and search for The White Coat Investor. You can do this and The White Coat Investor can help.

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

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