White Coat Investor Podcast

By Dr. Jim Dahle of the White Coat Investor

Business Investing Medicine

What's White Coat Investor Podcast about?

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/

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MtoM #121 - Couple Creates ...

06.05.2023

A few years out of residency this couple decided to get serious about their finances. Once they started to look at their finances and the fees they were paying their financial advisor they knew it was time to get a ...

White Coat Investor Podcast episodes:

06.05.2023 MtoM #121 - Couple Creates Their Own Financial Plan and Fires Their Financial Advisor A few years out of residency this couple decided to get serious about their finances. Once they started to look at their finances and the fees they were paying their financial advisor they knew it was time to get a ...
06.01.2023 WCI #317: Financial Planning for a Child with a Disability Today our guest on the podcast is our friend, James Lange. He is here to talk about his personal experience of having a daughter diagnosed with a disability and then going through the process of making sure she will have ...
05.29.2023 MtoM #120 - Career Military Doc Takes on Retirement This doc is a 28 year Air Force general surgeon who retired in the fall of 2020. He tells us about his journey in the military as well as talks about his decision to retire. He wants to be sure ...
05.25.2023 WCI #316: Roth Contributions and Conversions We have continued to get a lot of your questions about all things Roth so we are dedicating another episode to your Roth questions. We answer questions about SEP IRA conversions, Roth IRA contributions, Roth contributions in a 401(k) vs. ...
05.22.2023 MtoM #119 - Opening a Franchise Our interviewees today are telling us about opening their first franchise. After listening to WCI podcast episode 267 about non-food franchising they decided to give it a try! This couple did tons of due diligence and spent a great deal ...
05.18.2023 WCI #315: 529's, Inheritance and Roth IRAs For Kids Today we answer your questions about 529's. We try to help clarify the changes coming with Secure Act 2.0. We talk about if it would make sense for 529s to be under a grandparents name to avoid your child not ...
05.15.2023 MtoM #118 - Cardiologist Becomes a Millionaire This cardiologist became a millionaire just 6 years out of training. This physician couple worked hard to pay their debt off and start saving. They have learned that while they want to be set up for a comfortable retirement, they ...
05.11.2023 WCI #314: Loving Your Timeshare with Dr. Cory Fawcett Dr. Cory Fawcett joins us today to make the case for timeshares. He takes the much less voiced opinion that timeshares are awesome. He shares who he thinks are the right candidates for timeshares and who are not. He also ...
05.08.2023 MtoM #117 - Sleep Doc Pays Off a Mortgage in Two Years This sleep medicine doc paid off his mortgage in only 2 years! He learned quickly that he does not like being in debt and first tackled $280,000 of student loans in less than 3 years out of residency. His next ...
05.04.2023 WCI #313: The Proposed Ban on Non-Compete Contracts and Whether It's Fair Today we are answering your questions from the speak pipe. We talk about if a medical reimbursement plan is a good option for a private practice, we talk about the proposed ban on non-compete contracts and get into what non ...
05.01.2023 MtoM #116 - ER Doc Builds Wealth and Pays Off $344,000 in 2 1/2 Years This ER Doc has worked hard since finishing residency and has not only paid off $344,000 in 2 1/2 years,. but he also managed to build wealth and buy a new truck at the same time. This doc says paying ...
04.27.2023 WCI #312: Generational Wealth and Teaching Your Kids About Money Our guest on the podcast today is Dr. Brittne Halford of More Joy, More Wealth. She and Dr. Dahle discuss how your upbringing affects your view on money. They discuss generational wealth and the difference between being rich and having ...
04.24.2023 MtoM #115 - Doc Pays Off Student Loans in 30 Months This doc paid off his student loans in only 30 months. He said the freedom of being out of debt is allowing him and his family create a better work life balance. His biggest piece of advice is to have ...
04.20.2023 WCI #311: Asset Location Today we are answering your questions off the speak pipe. Many of those questions are in regards to asset location. We talk about weighing tax efficiency against higher returns in your accounts and Dr. Dahle reminds you not to let ...
04.17.2023 MtoM #114 - Pathologist and Anesthesiologist Get Back to Broke This dual physician couple who are fresh out of training are back to broke! They have worked hard to budget, make a financial plan and grow their net worth. They talk about the importance of having a written financial plan ...
04.13.2023 WCI #310: The Wage Gap in Medicine Our guest on the podcast today is Dr. Shikha Jain. She has devoted her life not only to medicine but to helping women in medicine. She shares her knowledge around if the gender wage gap is real, why it exists ...
04.10.2023 MtoM #113 - Paid Off Student Loans and Bought a Car With Cash This neurologist paid off over $400,000 in just 3 1/2 years. He also bought a new car with cash. He said living like a resident and having a plan is how he paid off his debt so quickly. This doc ...
04.06.2023 WCI #309: Taxes It's that time of year where we have lots of questions about taxes. Today we talk about how to file an amendment to your 2022 tax return. The good news is it's not hard and it is not a big ...
04.03.2023 MtoM #112 - Family Physicians Start Direct Primary Care Practice This doc is our second returning guest. Since she paid off her student loans in August of 2021 her and her husband were able to take a financial risk, leave their jobs in academia, and start a private direct primary ...
03.30.2023 WCI #308: Overcoming a Late Start Today we talk to a doc who got a late start on his financial journey. He shares his experience of over inflating his life style for nearly 20 years after residency before having his financial awakening. He finally realized that ...
03.27.2023 MtoM #111 - Internal Medicine Doc Becomes a Millionaire This internal medicine doc has become a millionaire not long out of training. He has lived like a resident and saved a huge portion of his income. This doc has done a little bit of everything from saving cash, investing ...
03.23.2023 WCI #307: Private Real Estate Versus REITs 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 ...
03.20.2023 MtoM #110 - New York Physician Pays Off Student Loans 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 ...
03.16.2023 WCI #306: Using Retirement Accounts 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 ...
03.13.2023 MtoM #109 - Geriatrician Pays Off Student Loans 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 ...
03.09.2023 WCI #305: Navigating a Law Suit 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 ...
03.06.2023 MtoM #108 - Hospitalist Pays off $350,000 in 18 months 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 ...
03.02.2023 WCI #304: Roth's, 401(k)s and 529s 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, ...
02.27.2023 MtoM #107 - Cardiologist Becomes a Millionaire 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 ...
02.23.2023 WCI #303: A Random Walk Down Wall Street with Burton Malkiel 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 ...
02.20.2023 MtoM #106 - ER Doc Becomes a Millionaire Only 3 Years Out of Training 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 ...
02.16.2023 WCI #302: Where to Store Your Money 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. ...
02.13.2023 MtoM #105 - Public Health Dentist Pays Off Student Loans 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 ...
02.09.2023 WCI #301: I Will Teach You To Be Rich 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 ...
02.06.2023 MtoM #104 - Dual Physician Couple Pay Off Loans During Residency 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 ...
02.02.2023 WCI #300: Introduction to the Secure Act 2.0 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 ...
01.30.2023 MtoM #103 - Anesthesiologist Pays Off $369,000 in Four Years 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 ...
01.26.2023 WCI #299: Grab Your Slice with Monica Scudieri 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 ...
01.23.2023 MtoM #102 - Psychiatrist Reaches Half Million Net Worth 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 ...
01.19.2023 WCI #298: Leaving a Bad Advisor 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 ...
01.16.2023 MtoM #101 - General Dentist Buys Private Practice 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 ...
01.12.2023 WCI #297: A Wealth Of Common Sense with Ben Carlson 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 ...
01.09.2023 MtoM #100 - Millionaire Status Achieved 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 ...
01.05.2023 WCI #296: Charitable Giving and Bonds 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 ...
01.02.2023 MtoM #99 - Doc Pays Off Student Loans 8 Months Into Attendinghood 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 ...
12.29.2022 WCI #295: Your Money Or Your Life with Vicki Robin 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, ...
12.26.2022 MtoM #98 - Entrepreneur Takes New Product to Market 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. ...
12.22.2022 WCI #294: Finance For the Whole Family 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 ...
12.19.2022 MtoM #97 - Doc Pays Off $360,000 of Student Loans and Hits Millionaire Status 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 ...
12.15.2022 WCI #293: Life after Financial Independence 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 ...

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