What's Your Total Net Worth?

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I'm a cardiologist and I am three and a half years out of my fellowship. Right now I'm projected to make around 560, 500 from my end and 60k from my spouse. We have a two year old. So what do you think your cost of living is annually? 10k per month. That sounds like it's doable in the Midwest. What? So what is your total net worth now? There has been a lot of fluctuations in the stock market showing as $1,071,000. Nice. Did it take a dip at all during the recent downturn?

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/

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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!

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