This chapter outlines the importance of understanding student loan refinancing, specifically for physicians, and explains the impact of loan forgiveness options. It cautions listeners about the potential drawbacks of refinancing if they hope to qualify for public service loan forgiveness.
What You Should Be Doing With Your Student Loans.
Still have student loans at 6-8% interest? Not planning to go for PSLF? Dr. Dahle explains the reasons and process of refinancing your student loans to save yourself thousands of dollars.
Also he includes a Q and A addressing topics such as if you should be driving an expensive car, opening an individual 401K, backdoor Roth IRAs, shopping for a mortgage, finding more tax protected space for investing, and investing in the market at all time highs.
If you’re like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency. And even though your family - and perhaps even your business - rely on you to be the Chief Financial Officer, you have never been given the tools to succeed. Enroll in WCI Financial Boot Camp, a FREE educational email series, and learn to convert your high income to wealth. You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success, but as always, we want to help you on your financial journey. Go to https://www.whitecoatinvestor.com/financialbootcamp to sign up today! 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!
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