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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 Have Yet Another Disappointingly Small Increase

According to a new survey, the average doctor's salary rose slightly in 2024. 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 diversified, low-cost, passively managed, and consistent with your risk tolerance. Which one is best for you?

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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

medical group retirement plans

Medical Practice Group Retirement Plans: The Good, the Bad and the Ugly

Let's examine issues that group practice retirement plans may encounter and how to address them in a way that's compliant and cost-effective.

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financial health audit

Performing a Personal Financial Health Audit: How Is Your Financial Health?

There are three forms of currency in our lives: money, time, and physical health. Spend some time reflecting on where you are in each area.

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spending money in peru

Musings of a Cheapskate

I'm getting better as a spender. But a recent trip to South America was a wakeup call to me that I've still got a long way to go.

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biggest financial risk

What Is Your Biggest Financial Risk?

Are you worried about the wrong financial risks? Here are five scenarios to help better identify and protect yourself from the REAL threats.

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delegator validator or diyer

Delegator, Validator, or DIYer? Take This Quiz to Find Out What You Are

If you're not sure whether you are a delegator, a validator, or a DIYer when it comes to personal finance, here's a guide for you.

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wci scholarship judging

I’ve Judged the WCI Scholarship Essays for 5 Years — This Is What I’ve Learned

Now that I've been a judge for the WCI scholarship for the past half-decade, let me tell you everything I've learned from the experience.

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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