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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 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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Latest Posts

Changing the Narrative of Women and Money

A conversation with long-time WCI friend, SC Gutierrez, where we talk about why women are generally less involved in finances than men and what can be done about it. We also discuss different ideas around how to get your partner more involved.

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salary expectation

‘What Are Your Salary Expectations?’ Here’s Why You Should Stop Evading This Question

The correct response to a question about your salary expectations shouldn't be to avoid it. Here's how you should answer the question.

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retirement income

A Framework for Thinking About Retirement Income

As you enter retirement, it's really important to have a framework in place. That will help with longevity risk when you're done working.

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successful investor

The 7 Most Important Traits to Be Successful with Investing

If you want to be a successful investor, you need to develop seven traits. Let's take a dive into all seven and see how they fit together.

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how to feel rich

10 Ways to Feel Rich

Most of the time, the information we give helps you get rich. Today, we're going to talk about how to feel rich. It can be surprisingly hard.

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carrying the weight of the past

Don’t Carry the Weight of the Past or Worry About What the Future Might Bring; Stay in the Current

True contentment lies in letting go of the baggage from our past and not getting consumed by worries about an uncertain future.

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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