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White Coat Investor Podcast

Latest episodes

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Oct 30, 2023 • 25min

MtoM #142: Emergency Physician Becomes Multi-Deca Millionaire and Finance 101: Cash Balance Plans

An ER doctor shares his success in building wealth through savings rate. He emphasizes the importance of saving as much as possible and living within your means. The podcast also discusses cash balance plans and the strategy of maximizing retirement accounts for wealth accumulation.
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Oct 26, 2023 • 25min

WCI #338: Is It Ever a Good Idea to Over Fund a Roth IRA?

The podcast discusses various topics including using 457(b) money for college education, 401(k) rollovers and rebalancing, Roth contributions in peak earnings years and overfunding a Roth IRA. They emphasize the importance of prioritizing retirement savings and following an investment plan, while also discussing alternative ways to fund college. They also touch on tax-deferred and tax-free contributions to retirement accounts, the benefits and drawbacks of overfunding a Roth IRA, and promote the White Coat Investor Champions Program.
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Oct 23, 2023 • 19min

MtoM #141: Doctors Pay Off Student Loans Before Even Finishing Training and Finance 101: The Importance of Saving

Hospitalist and Cardiology Fellow couple pay off $400k student loans before finishing training. They discuss disciplined spending, financial literacy, and living in a low-cost area. Emphasize importance of saving, investing, and not inflating lifestyle for building wealth and achieving financial freedom.
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6 snips
Oct 19, 2023 • 44min

WCI #337: Entrepreneurship and Angel Investing

Entrepreneurship and angel investing are discussed in this podcast episode featuring Drs Niki Kennedy and Dan Pipitone of Arborhive. They talk about the importance of doctors using their expertise outside of medicine, the challenges and benefits of entrepreneurship, and the risks and rewards of angel investing. They also emphasize the value of clinicians getting involved in innovation and making a difference in small companies through angel investing.
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Oct 16, 2023 • 25min

MtoM #140: Vascular Surgeon Lives Like a Resident and Finance 101: Car Insurance

Discover how a vascular surgeon achieved financial milestones by living like a resident. From paying off student loans to buying cars with cash and maxing out retirement accounts, she shows that growing wealth doesn't require a high income. Stick around for a finance 101 discussion on car insurance, including the importance of increasing liability coverage and understanding comprehensive/collision insurance.
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Oct 12, 2023 • 56min

WCI #336: Asset Protection In Real Estate Investing

Topics include: renting out a property, buying a house, estate planning, home office deduction, long term care insurance tax in California, real estate updates from MLG, asset protection, adding an LLC to a title insurance policy, calculating net worth when buying a house, current state of real estate, real estate investment funds, navigating tax situations in real estate, avoiding real estate scammers, heritage trusts in estate planning, challenges for doctors in California
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Oct 9, 2023 • 21min

MtoM #139: Academic Pulmonologist Hits Half Million Dollar Net Worth and Finance 101: Financial Advisors

An academic pulmonologist shares his journey to achieving a half million dollar net worth and taking control of his finances. Topics include firing a salesman financial advisor, building wealth, increasing savings, and the importance of finding a trustworthy financial advisor. The podcast also discusses the speaker's path to financial independence and their work in ICU telemedicine.
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Oct 5, 2023 • 54min

WCI #335: Solo 401(k) Questions

Topics discussed include: changing from W2 to K1, creating an S-Corp, converting old IRAs to solo 401(k)s, financial advisor recommendations, setting up an S-Corp and determining a fair salary, consolidating multiple solo 401(k) plans, investment advisor disclosures and fee structures, hourly and retainer models for financial planning, asset allocation and value vs. growth stocks, portfolio construction and financial planning, and the need for a backup plan in managing finances.
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Oct 2, 2023 • 23min

MtoM #138: Doc Helps Change His 401(k) Plan and Finance 101: Tax Brackets

A doc shares his journey of advocating for changes to his employer 401(k) plan, resulting in the addition of after-tax contributions and mega back door Roth contributions. The podcast also discusses the keys to being a successful doctor and maximizing 401(k) contributions. Additionally, it debunked misconceptions about tax brackets and emphasized the importance of understanding the progressive income tax system.
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Sep 28, 2023 • 44min

WCI #334: How You’re Being Ripped Off By Incompetent and Corrupt CMS Bureaucrats with Dr. Alex Shteynshlyuger

Dr. Alex Shteynshlyuger educates doctors about payment processing fees, which cost them millions. They discuss regulations, third-party providers, and the impact on medical practices. The chapter also highlights the issue of prioritization in healthcare and the impact of incompetent and corrupt CMS bureaucrats.

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