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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's what doctors 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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Financial Waterfalls for New Residents and Attendings

Learn what tasks to do first using these waterfalls for residents and attendings, so you can manage your money.

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The 2025 Retirement Plan Contribution Limits

The contribution limits for 401(k)s, 403(b)s, IRAs, and HSAs will change for 2025. Here's what you need to know.

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disability insurance

Physician Disability Insurance

Disability insurance is crucial insurance for the vast majority of physicians to secure. Buy it right the first time, and you may never have to do it again.

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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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Latest Posts

Estate Planning, Navigating Your First Attending Job, and 529s

Answering reader questions about a tough estate planning situation with a listener finding herself in an undesirable situation, cost segregation studies and rental properties, and navigating your first attending job.

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The WCI Champions Program

Apply to be a WCI Champion today, and you could make a difference of millions of dollars to your classmates.

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term life insurance accelerated death benefit

No Coffin, No Problem: A True Life Insurance Payout Story Where Death Wasn’t Required

You can get a life insurance payout, even if the person with the policy is alive. Here's what to know about the Accelerated Death Benefit.

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wisdom

Some Surprising Things I’ve Learned in 20 Years of Investing

I've been investing for two decades, and I've learned plenty of lessons. Now that I'm older and a little wiser, let me share them with you.

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pat morita redd foxx

One of the Filthiest Comedians Ever Solves Mr. Miyagi’s Money Problems: The Financial Wayback Machine

Let’s journey back in time and discover how Redd Foxx once helped solved Pat Morita's money problems. And how Morita paid it forward.

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rising interest rates

Investing with the Fed and Thinking About the Federal Funds Rate

How you should invest when interest rates change isn't as clear as you might think. Let me use an example to illustrate.

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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