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
Sep 25, 2025 • 38min
WCI #438: The Resident Episode
In this episode, Patrick Arpin, a recent pediatric residency graduate, shares his journey transitioning to a pediatric hospitalist in Washington State. He reveals the importance of starting a Roth IRA early and his wise financial habits formed during training. Patrick discusses the risks of purchasing a home during residency and how networking helped him land his first attending job. He emphasizes the value of saving a little each paycheck for exam and moving costs, and why he opted for community pediatric medicine over fellowship.
Sep 22, 2025 • 25min
MtoM #241: Plastic Surgeon Receives PSLF and Becomes a Millionaire and Finance 101: PSLF
An academic plastic surgeon shares his journey to financial success, celebrating both his Public Service Loan Forgiveness and millionaire status just five years into practice. He discusses a disciplined 30% savings rate and the importance of financial literacy learned later in life. The conversation also delves into the nuances of PSLF, highlighting recent policy changes and reassurances for current applicants. With a focus on strategic investments and debt management, this episode offers valuable insights for anyone looking to enhance their financial future.
6 snips
Sep 18, 2025 • 37min
WCI #437: Getting Your Work Benefits Right
In this discussion, Don Wenner, the founder and CEO of DLP Capital, shares insights on employee stock ownership plans and selecting crucial workplace benefits like disability insurance. He delves into the tax implications of these choices and explains fixed deferred annuities, also known as MYGAs/SPDAs. Wrapping up, he offers practical advice on private real estate investing and highlights DLP's mission in affordable housing, lending options, and fund performance. It's a mix of finance and investing wisdom that can help you maximize your work benefits.
Sep 15, 2025 • 29min
MtoM #240: Pulmonologist Pays Off Student Loans in Less Than 5 Years and Finance 101: Paying for School
In this engaging discussion, Todd Gandy, a pulmonary and critical care physician, shares his incredible journey of paying off $297,000 in student loans in under five years. He reveals the transformative moment that spurred him into financial action and how he became a millionaire well before his goals. Todd emphasizes the importance of financial literacy, goal-setting, and the impact of open conversations about money in marriage. The conversation also touches on empowering the next generation with financial knowledge for their future success.
15 snips
Sep 11, 2025 • 43min
WCI #436: Retirement and Decumulation
Explore effective decumulation strategies for retirement, including the 4% rule and personalized withdrawal plans. Discover the balance between enjoying retirement and ensuring financial stability through smart spending approaches. Learn about asset allocation adjustments to combat inflation and minimize risks. Delve into the complexities of withdrawing retirement funds, with tax implications at the forefront. The discussion also covers generational wealth transfer, including strategies to optimize tax outcomes for heirs.
Sep 8, 2025 • 20min
MtoM #239: A Professor and a Dentist Become Multimillionaires and Finance 101: Financial Waterfalls
A professor and his dentist wife share their inspiring journey to multimillionaire status. They emphasize the importance of paying off debt and saving for wealth while diving into real estate investments. A key to their success? Monthly date nights dedicated to financial discussions. The conversation also introduces the concept of 'financial waterfalls,' a strategic approach to prioritizing investments and debt management. Their insights provide valuable guidance for anyone looking to achieve financial independence.
15 snips
Sep 4, 2025 • 47min
WCI #435: Becoming a Millionaire by Reducing Your Taxes
Explore practical strategies for tax reduction that can help you keep more of your hard-earned money. Learn about managing capital gains taxes and leveraging tax losses, particularly for retirees. Discover the benefits of investing early and diversifying as an aspiring anesthesiologist. Uncover the value of professional tax advice and how it can lead to significant returns. Plus, find tips on charitable giving to enhance tax efficiency while supporting your favorite causes.
12 snips
Sep 1, 2025 • 34min
MtoM #238: Hand Surgeon Becomes Multimillionaire and Finance 101: Annuities
A seasoned hand surgeon shares his inspiring journey to becoming a multimillionaire, emphasizing the importance of financial literacy and the slow but rewarding path of saving and investing. He underscores the value of paying yourself first and fostering supportive financial partnerships. The discussion then shifts to annuities, clarifying misconceptions and highlighting their role in retirement planning. Listeners gain insights into the complexities of annuities and the necessity of informed decision-making in personal finance.
26 snips
Aug 28, 2025 • 44min
WCI #434: Fixing Your Life, Burnout, and Money Problems by Identifying Your Core Values with Robert Glazer
Robert Glazer, an entrepreneur and best-selling author, shares his insights on tackling burnout and financial stress by identifying core values. He emphasizes that aligning personal and professional lives with these values leads to fulfillment and balance. Glazer discusses the importance of appreciating the journey rather than fixating solely on goals. He also highlights how self-awareness in leadership enhances team dynamics and adaptability in high-pressure environments. This motivating conversation inspires listeners to elevate their performance in both life and work.
Aug 25, 2025 • 25min
MtoM #237: Plastic Surgeon Hits Mid Career Milestones and Finance 101: The Debt Dilemma for Dentists
A mid-career plastic surgeon celebrates his journey and shares insights on achieving financial security while prioritizing education for his children. He discusses the challenges of balancing personal and professional aspirations, and expresses inspiration through his newly written book. The conversation shifts to the financial hurdles faced by dentists, particularly the staggering student debt they often accumulate. Strategies for effective financial planning and debt management are explored, emphasizing the critical need for sound financial strategies in the medical field.
