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The White Coat Investor

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Welcome New Readers!

Welcome to The White Coat Investor! We have a lot of fun here while we help each other to avoid doing dumb things with our money. All the information on the site is 100% free to you. There is a ton of information and we understand it can be overwhelming to the first timer, so we suggest you start here with this page. Thanks for stopping by and good luck with your finances and your practice!

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WCI Classics

How Much Money Do Doctors Make a Year? Salaries Rise (Slightly) But Not Enough to Satisfy Them

According to a new survey, the average doctor's salary rose slightly in 2023. Here are the figures for how much physicians make in a year.

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150 best investment portfolios

Best Investment Portfolios – 150 Portfolios Better Than Yours

A good investment portfolio is broadly diversified, low-cost, passively managed, rebalanced, and consistent with its owner's risk tolerance.

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Hippies

How to Do a Backdoor Roth IRA

This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process including Form 8606, tax implications, common mistakes, and lots more.

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ultimate student loan debt guide

Student Loans 101: Ultimate Guide to Student Loans

Here's the information a physician needs to manage student loan debt.

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how much to retire

How Much Money Does a Doctor Need to Retire?

How much money will you need to retire? Let's run through all the information you'll need to calculate your target number.

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The 2024 Retirement Plan Contribution Limits

The contribution limits for 401(k)s, 403(b)s, IRAs, and HSAs will change for 2024. Here's what you need to know.

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Latest Posts

a tale of 2 books

The Tale of 2 Books (and How I Broke the Binding on My Unwritten Instruction Manual)

My grandmother got married when she was 9. That's when her education ended. Two generations later, I wanted to be in charge of my own destiny.

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pre-retirement checklist

A Pre-Retirement Financial Checklist

Before you retire, be sure you have all your financial ducks in a row. This checklist will help you not to forget anything.

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real estate minimum investment vs diversification

The Minimum Investment vs. Diversification Dilemma in Real Estate

If you're starting out in real estate investing, one issue you'll have to think about is the minimum investment vs. diversification dilemma.

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social inflation medical malpractice

What Is Social Inflation, and How Does It Impact the Rising Costs of Medical Malpractice Insurance?

There's concern among physicians about medical malpractice claim severity and inflated verdicts. Is social inflation to blame?

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More Than Enough with Mike Piper

An interview with personal finance guru Mike Piper where we discuss the mistakes and misconceptions with Social Security; what you should do after you have accumulated more money than you need; and how, when, and why to talk to your children about inheritance.

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student loan moral hazard

The Moral Hazard of Federal Student Loan Policy

As the federal government's student loan policy gets more and more generous, the potential for continued moral hazard rises as well.

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The White Coat Investor

A Doctor's Guide to Personal Finance and Investing

Financial Boot Camp

Financial Boot Camp

Guide For Students

Guide for Students