White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
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/
Episodes
Mentioned books
Aug 11, 2025 • 29min
MtoM #235: Resident Gets $100K in Assets During Residency and Finance 101: Medical School
A third-year resident boasts an impressive $100,000 in assets, showcasing smart savings habits and a 40% savings rate. Learn how he manages low expenses, moonlights for an extra $40K, and still enjoys life. The discussion also tackles the value of medical school amid evolving financial landscapes and the impact of technology on healthcare. Plus, get practical tips for navigating loans and financial planning while maintaining a fulfilling lifestyle. This journey is all about balancing finance and passion in the medical field!
Aug 7, 2025 • 32min
WCI #431: How to Rise Above a Broken Healthcare System with Dr. Dimitrios Tsatiris
Dr. Dimitrios Tsatiris, a practicing psychiatrist and burnout expert, shares insights on the alarming burnout crisis among physicians. He explores how workplace toxicity and perfectionism contribute to this issue, advocating for emotional awareness and healthier coping strategies. The conversation delves into the psychological roots of dissatisfaction in medicine and highlights gratitude practices and social connections as vital supports. Additionally, financial literacy is emphasized, with practical tax strategies discussed to help physicians thrive both personally and financially.
Aug 4, 2025 • 25min
MtoM #234: Psychiatrist Opens a Private Practice and Still Manages to Pay Off Her Student Loans in 2 years and Finance 101: How to Invest at All Time Highs
A psychiatrist shares her inspiring journey of paying off $210,000 in student loans in just two years while opening her private practice. She emphasizes the importance of providing personalized care and the freedom that comes with self-employment. Listeners also gain insights on investing during market highs, exploring the emotional aspects of investor behavior and how to navigate financial complexities. This discussion empowers medical professionals to take control of their finances and understand market dynamics.
13 snips
Jul 31, 2025 • 1h 5min
WCI #430: Backdoor Roth - Standard and Mega
Dive into the world of Backdoor Roth IRAs as the hosts break down common pitfalls and provide clarity on IRS regulations. They explore the Mega Backdoor Roth strategy, highlighting who can benefit and how to maximize retirement savings. Listeners are guided through recharacterization processes and the implications of changing marital status or income on contributions. Get insights into managing after-tax 401(k) contributions, empowering you to make informed financial decisions and optimize your retirement planning.
Jul 28, 2025 • 23min
MtoM #233: Dual Doc Couple Pays Off Half Million in Loans While One Stays at Home and Finance 101: Geographic Arbitrage
Shane, a pediatric hospitalist and seasoned financial planner, returns to share how he and his wife triumphantly paid off over $500,000 in loans and achieved millionaire status. He discusses the importance of prioritizing financial goals, crafting a family mission statement, and the supportive role of their partnership. The conversation shifts to geographic arbitrage, explaining how moving to more affordable areas can unlock financial freedom for medical professionals, making a compelling case for smart investment in real estate.
11 snips
Jul 24, 2025 • 1h 7min
WCI #429: Impact of the Big Beautiful Bill on Student Loans
Join Andrew Paulson from StudentLoanAdvice.com, an expert in student loan strategies, as he navigates the implications of new legislation on student loans. He discusses whether medical school is still a wise investment amidst rising education costs. The conversation also delves into personal finance for newlyweds, including insights on prenuptial agreements. With a focus on student loan repayment options and the evolving landscape of forgiveness programs, this episode illuminates crucial financial topics for medical professionals.
Jul 21, 2025 • 25min
MtoM #232: Med Student Graduates Debt Free with Limited Parental Help and Finance 101: The Pennies Issue with the Backdoor Roth IRA
Discover how a determined medical student's journey led to graduating debt-free through hard work and military service. Hear insights on balancing multiple jobs while managing academic demands. The conversation shifts to the complexities of backdoor Roth IRAs and retirement savings strategies. Learn the significance of disability insurance for young doctors, ensuring financial security and peace of mind. This episode is a mix of inspiration, practical tips, and financial strategies for navigating the medical profession.
7 snips
Jul 17, 2025 • 1h
WCI #428: Estate Planning and Passing Wealth to Your Children
Paul Moore, Founder of Wellings Capital and real estate investment expert, joins to discuss estate planning and wealth transfer. He advocates for giving inheritances early when children need them most. The conversation dives into the pros and cons of variable annuities and 529 plans, alongside the necessity for trusts in seamless wealth transfer. Paul also tackles the challenges of investing in multifamily properties amid rising interest rates, while exploring the potential of manufactured housing markets as a compelling investment option.
Jul 14, 2025 • 24min
MtoM #231: Dual Doc Couple Saves $100K for Retirement During Residency and Finance 101: Plan Documents for Employer-Provided Retirement Accounts
A dual-doctor couple impressively saved $100,000 for retirement during their residency. They share insights on early investments and managing $550,000 in student debt, including the risks and benefits of refinancing their loans. Listeners learn about the importance of budgeting and financial planning in early careers. The discussion also highlights investment opportunities in commercial real estate, emphasizing informed choices for maximizing returns while minimizing risks.
Jul 10, 2025 • 50min
WCI #427: Dealing with a Disability Claim with Attorney Ben Glass
In this discussion, Ben Glass, a long-term disability attorney known for assisting medical professionals, shares crucial insights on disability claims. He highlights what constitutes a strong claim and explains when it's vital to involve an attorney. Ben identifies common mistakes docs make during the claims process and emphasizes the need for a solid understanding of policy specifics. He also addresses the importance of securing individual disability insurance while young to ensure financial stability later in life.
