White Coat Investor Podcast

By: Dr. Jim Dahle of the White Coat Investor
  • Summary

  • 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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Episodes
  • MtoM #218: CRNA Becomes a Retirement Account Millionaire and Finance 101: Tax Strategy
    Apr 14 2025

    Today we are talking with a CRNA who has become a millionaire! She is 18 years out of training and now has more than a million dollars in retirement accounts. Her story is a great example that if you just keep saving, and you keep increasing your income, and give it time, you will become a millionaire. You don't have to do anything fancy. She recommends that you really advocate for yourself to get paid what you deserve. Increasing her income has made a huge impact on how much she could save. She also feels strongly that you should know what you value and spend your money on that and not on the things you don't. After the interview we will be talking about tax strategy for finance 101.

    Full disclosure, below is a sponsored promotion for Locumstory.com. But the weird thing here is there’s nothing they’re trying to sell you. Locumstory.com is simply a free, unbiased educational resource about locum tenens – it’s not an agency. They simply exist to answer your questions about the how-to’s of locums on their website, podcast, webinars, videos, and they even have a locums 101 crash course. Learn about locums and get insights from real-life physicians, PAs and NPs at 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 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

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    20 mins
  • WCI #414: Roth IRAs and 401(k)s
    Apr 10 2025

    Today we are answering more of your Roth IRA and 401(k) questions. We talk about the difference between Roth and Traditional IRAs and then answer a question about Roth IRAs for your kids. We talk about some things to think about when changing your business 401(k) plan administrator and then explain what to do if you over contribute to your 401(k).

    Today’s episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that’s where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you’re still in residency. And if you’re already out of residency, SoFi’s got you covered there too.

    For more information, go to https://www.whitecoatinvestor.com/Sofi
    SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions 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 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

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    56 mins
  • MtoM #217: Ophthalmologist Overcomes Financial Mistakes and Finance 101: Career Longevity
    Apr 7 2025

    Today we are talking with a doc who is celebrating getting back on track after some financial mistakes. He made the same mistake so many of us have and ended up with a bad financial advisor. His advisor sold him a disability policy that was overpriced and not a good product. Once he had his financial awakening he realized he could do this on his own. He fired his advisor and dropped the crappy policy. He took on his student loans in a new way and got rid of those too. He talked about the process of forgiving himself for his mistakes and celebrated the things he did do well. We love this story that shows us that making mistakes is part of the deal and you can always take control of your financial life and get back on track. After the interview we will be talking about career longevity for Finance 101.

    With Weatherby Healthcare, you choose your own healthcare career path. Our locums experts then support you every step of the way, helping you find the right opportunities at the right times. We understand your professional and personal goals, and are experts at helping you achieve them. Let’s keep your career interesting with new locations and settings, and diverse patients and cases. And, just as importantly, let’s make sure you get more free time for your hobbies… or to just relax. We’ll help you find that balance. With more jobs in more locations, Weatherby gets you where you want to go. https://whitecoatinvestor.com/weatherby

    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

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    20 mins
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Great info, Dr. Jim!

Excellent information! Thank you very much, Dr. Jim. I discovered your podcast on YouTube a few months ago and it's currently my favorite podcast of all.

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