White Coat Investor Podcast

WCI #435: Becoming a Millionaire by Reducing Your Taxes


Listen Later

Today we are answering your tax questions and hopefully helping you learn how to hang on to more of your money by reducing your taxes where you can. We answer a few questions about capital gains taxes and Dr. Dahle explains how to limit those taxes but also reminds you, life is going well if this is something you are having to navigate. We answer a question about social security taxes, one about using tax losses in retirement and how to be tax efficient during your training years.

2025 is coming to a close, making now the perfect time to tighten your tax plan so you don't overpay the IRS when 2026 tax season arrives. Cerebral Tax Advisors, the White Coat Investor-recommended firm trusted by physicians nationwide, uses court-tested, IRS-approved strategies to reduce personal and business taxes. Over the past 10 years, Cerebral clients have seen an average of 453.53% return on investment in their tax planning services. Founder and Lead Tax Strategist Alexis Gallati, author of 'Advanced Tax Planning for Medical Professionals', comes from a family of physicians and has over 20 years of experience in high-level tax planning strategies. To schedule a free consultation, visit https://cerebraltaxadvisors.com.

The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

Find 1000's of written articles on the blog: https://www.whitecoatinvestor.com Our YouTube channel if you prefer watching videos to learn: https://www.whitecoatinvestor.com/youtube Student Loan Advice for all your student loan needs: https://studentloanadvice.com Join the community on Facebook: https://www.facebook.com/thewhitecoatinvestor Join the community on Twitter: https://twitter.com/WCInvestor Join the community on Instagram: https://www.instagram.com/thewhitecoatinvestor Join the community on Reddit: https://www.reddit.com/r/whitecoatinvestor Learn faster with our Online Courses: https://whitecoatinvestor.teachable.com Sign up for our Newsletter here: https://www.whitecoatinvestor.com/free-monthly-newsletter

00:00 WCI Podcast #435 04:38 401(a) Taxes & Rollovers 11:20 Using Tax Losses in Retirement 19:35 Optimizing Finances as a Student 24:17 Diversification & Asset Location 29:40 Reducing Capital Gains Taxes 38:50 Restricted Stock Units (RSU)

...more
View all episodesView all episodes
Download on the App Store

White Coat Investor PodcastBy Dr. Jim Dahle of the White Coat Investor

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

2,379 ratings


More shows like White Coat Investor Podcast

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,548 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,214 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,981 Listeners

ChooseFI by ChooseFI

ChooseFI

5,140 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

889 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,081 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

627 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

455 Listeners

The Long View by Morningstar

The Long View

924 Listeners

Sound Investing by Paul Merriman

Sound Investing

343 Listeners

Money Meets Medicine by Doctor Podcast Network, Jimmy Turner MD

Money Meets Medicine

225 Listeners

The Passive Income MD Podcast by Peter Kim, MD

The Passive Income MD Podcast

278 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,619 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

358 Listeners

Point Me To First Class by Devon Gimbel MD

Point Me To First Class

1,186 Listeners