White Coat Investor Podcast

WCI #318: 1099 Income and Locums Docs

Jun 8, 2023
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ANECDOTE

Disability Insurance Journey With Diabetes

  • Caitlin shared her journey securing disability insurance despite type 1 diabetes during residency.
  • She highlights the peace of mind from having own-occupation coverage with a guaranteed standard issue policy.
ADVICE

Secure Disability Insurance Early

  • Get disability insurance unless you absolutely cannot qualify.
  • Use independent agents to shop policies or seek guaranteed standard issue plans through institutions, especially during training.
ADVICE

Balanced Approach to I Bonds & CDs

  • Use I bonds and CDs as safe portfolio assets, splitting roughly half in inflation-indexed and half in nominal bonds.
  • Keep consistent investing and avoid switching frequently based on interest rate changes.
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