Saving lots of money comes with one downside. You must spend less. But having a high savings rate can set you up for the rest of your life.| The White Coat Investor - Investing & Personal Finance for Doctors
If you’re one of those who needs to loosen the purse strings a bit, this post is for you. Here are some tips for how to spend your money.| The White Coat Investor - Investing & Personal Finance for Doctors
Ready to start investing? Here's an overview of the basics of investing money. Here's what you need to know before jumping into the stock market!| The White Coat Investor - Investing & Personal Finance for Doctors
The expected retirement numbers, even if they don’t necessarily apply to the majority of white coat investors, are pretty darn bleak.| The White Coat Investor - Investing & Personal Finance for Doctors
My experience with my father's long-term care insurance company has not been an easy one. But I've learned quite a few lessons.| The White Coat Investor - Investing & Personal Finance for Doctors
Student loan management can be tricky, particularly during residency. Finally, you have all the information you need in one place to manage them from undergraduate until pay-off in one place. We're talking private & federal loans, IDR and forgiveness programs (PSLF, REPAYE, PAYE, IBR, ICR), refinancing, and how to pay off quickly.| The White Coat Investor - Investing & Personal Finance for Doctors
The Morningstar X-ray Tool is a great way to help you understand what you own. Plug your portfolio into it and see how it compares to the market portfolio| The White Coat Investor - Investing & Personal Finance for Doctors
There are plenty of great ways to use an HSA. But is it worth getting a High Deductible Health Plan just for the HSA benefit?| The White Coat Investor - Investing & Personal Finance for Doctors
Sick of feeling like you're being taken advantage of by the financial services industry just because you have a high income? Wondering what to do with your student loans or how to get a mortgage? Not sure how to buy disability insurance or how to invest your money? Here's a site written for doctors by a physician who wants you to be as successful in your finances as in your practice.| The White Coat Investor - Investing & Personal Finance for Doctors
What's the best real estate structure for you to use? REITs, direct ownership, crowdfunded or direct syndications? Today we map it out.| The White Coat Investor - Investing & Personal Finance for Doctors
Understand 7 principles of bond investing including the relationship between bond value and interest rate, risk and yield, quality, cost, duration and more.| The White Coat Investor - Investing & Personal Finance for Doctors
The traditional IRA is one of the most popular retirement accounts you can open. Here's everything you need to know about it and how it works.| The White Coat Investor - Investing & Personal Finance for Doctors
REITs are a great asset class, but make sure to buy the publicly traded ones, not a private REIT. Here's why you should steer clear of these investments.| The White Coat Investor - Investing & Personal Finance for Doctors
This page consists of recommended service providers for setting up retirement plans such as small business 401(k)s, SIMPLE IRAs, Defined Benefit/Cash Balance Plans, Self-directed (solo) Individual 401(k)s, Self-directed IRAs, and HSAs. Small Business/Practice Retirement Plan Providers/Advisors Once you have employees, putting in a 401(k) at your practice/small business is no longer a Do It […]| The White Coat Investor - Investing & Personal Finance for Doctors
Is Boldin a retirement calculator?| The White Coat Investor - Investing & Personal Finance for Doctors
Are you paying to much in fees and stuck with investment options you don't want with your current HSA provider? Here's a rundown of the best options available on the market today.| The White Coat Investor - Investing & Personal Finance for Doctors
Tax strategy and planning is different from just filling out the forms every April. These WCI-vetted advisors can help you make sense of your complicated tax situation and suggest ways to lower your tax bill.| The White Coat Investor - Investing & Personal Finance for Doctors
Is getting a high deductible health plan the right move for you? When you combine it with an HSA, the answer could be an emphatic yes.| The White Coat Investor - Investing & Personal Finance for Doctors
The WCI Monthly Newsletter includes unpublished tips, special deals, a market report, and links to the best physician-related finance and investing stuff on the Web!| The White Coat Investor - Investing & Personal Finance for Doctors
Do you need help understanding health insurance? Need help figuring out the difference between an FSA and HSA? Here's what you should know.| The White Coat Investor - Investing & Personal Finance for Doctors
You'll need to have a savings rate over 20% to reach your retirement goals. Here are 7 ways to make that happen if your falling short.| The White Coat Investor - Investing & Personal Finance for Doctors
There are LOTS of reasonable budgets. Learn to create one to fit YOUR priorities and values as you use money as a tool to bring happiness.| The White Coat Investor - Investing & Personal Finance for Doctors
Financial Independence often, but not always, leads to Retiring Early. But there are plenty of other reasons to become financially independent early in your career.| The White Coat Investor - Investing & Personal Finance for Doctors
This popular post explains what whole life insurance is and the various methods salesmen use to sell it to you (usually inappropriately). Be forearmed!| The White Coat Investor - Investing & Personal Finance for Doctors
Vetted by WCI and by thousands of doctors over the years, our recommended insurance agents specialize in the unique needs of physicians. Reach out to get covered today!| The White Coat Investor - Investing & Personal Finance for Doctors
The best way to manage individual stock (or bond) risk is to have a diversified portfolio. Here are the five biggest errors I see in portfolios with respect to diversification and how to solve them.| The White Coat Investor - Investing & Personal Finance for Doctors
Financial aid planning is the new thing to maximize the difference between the cost of attendance and the expected family contribution. But most high-income professionals shouldn't bother.| The White Coat Investor - Investing & Personal Finance for Doctors
Most kids of high-income professionals won't qualify for need-based financial aid. It's best to rely on four pillars to pay for college.| The White Coat Investor - Investing & Personal Finance for Doctors
The best 529 plans will give you a state tax credit, low fees, and great investment options. Find the best plan available for you.| The White Coat Investor - Investing & Personal Finance for Doctors
Even a plain old taxable account has a lot of tax advantages. Here are 10 reasons not to rule them out.| The White Coat Investor - Investing & Personal Finance for Doctors
Far too many investors take either too much or too little investing risk for their goals. This results in either investment catastrophe, or simply running out of money in retirement. Here's how to get to the right level for you.| The White Coat Investor - Investing & Personal Finance for Doctors
The Roth IRA is a great start for building your retirement nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.| The White Coat Investor - Investing & Personal Finance for Doctors
Are you looking to get in on one of the best retirement accounts you can imagine? Here's all you need to know about Health Savings Accounts.| The White Coat Investor - Investing & Personal Finance for Doctors
Looking for a way to pay for medical expenses with pre-tax dollars? Then, a Flexible Spending Account might be the right account for you.| The White Coat Investor - Investing & Personal Finance for Doctors
Most of my portfolio is invested in index funds. I hope that's not news to you. Here are the reasons why.| The White Coat Investor - Investing & Personal Finance for Doctors
Parents often want to help pay for their child's medical (or dental) school. There are many ways to do so, but laws can be complex.| The White Coat Investor - Investing & Personal Finance for Doctors
Some people looking for early retirement are afraid of the Age 59 ½ rule. But it's not difficult to get around, once you read the rules.| The White Coat Investor - Investing & Personal Finance for Doctors
What is it about Teslas that cause doctors to go a little nuts? Admit they are luxury items then decide if you can truly afford the cost to own one.| The White Coat Investor - Investing & Personal Finance for Doctors
Leverage works, but it works both ways. Be careful how much of it you employ in your financial life. Don't take risks that you don't need to take.| The White Coat Investor - Investing & Personal Finance for Doctors
Doctors may purchase a home without thinking about the consequences. Here are tips to buy the right home at the right time at the right price.| The White Coat Investor - Investing & Personal Finance for Doctors
What's the average medical school debt for MDs, DOs, and Dentists? We're taking a deep dive into the data so you can make the best financial decisions.| The White Coat Investor - Investing & Personal Finance for Doctors
Dave Ramsey gives a lot of great advice. And a little bad advice. Know the difference!| The White Coat Investor - Investing & Personal Finance for Doctors
The annual giving meeting is our tradition to decide as a family which charitable organizations to give to for the year.| The White Coat Investor - Investing & Personal Finance for Doctors
The Hedonic Treadmill can make you feel poorer despite spending more and more every year. This article will help you see if you are on it, and what you can do to get off it.| The White Coat Investor - Investing & Personal Finance for Doctors
New residents have a big desire to buy a house. But it's a gamble of your time and money at a period of life when you have little of either.| The White Coat Investor - Investing & Personal Finance for Doctors
Uncompensated investment risk doesn't increase, and may even decrease your expected return. Avoid it through diversification.| The White Coat Investor - Investing & Personal Finance for Doctors
Tax-loss harvesting is when Uncle Sam shares your losses with you. You only get to do it in a taxable account, but because of it, there is no reason to ever carry a loss in a taxable account.| The White Coat Investor - Investing & Personal Finance for Doctors
A 529 plan is a great way to save for college, but who are we trying to kid? 529s help save on taxes. If you're wealthy, be sure to use them!| The White Coat Investor - Investing & Personal Finance for Doctors
Does your investing plan include how and when to rebalance your portfolio? Consider the 5/25 rule as part of your risk management strategy.| The White Coat Investor - Investing & Personal Finance for Doctors
Here are the pros and cons of investing through publicly traded REITs, privately traded REITs, crowdfunding, and syndications.| The White Coat Investor - Investing & Personal Finance for Doctors
Being able to calculate your own return empowers you as an investor. Here's how you do it.| The White Coat Investor - Investing & Personal Finance for Doctors
Are you a high-income professional in need of a financial advisor? You've come to the right place. This is the WCI list of recommended advisors.| The White Coat Investor - Investing & Personal Finance for Doctors
If you fear Required Minimum Distributions will leave you with a large tax problem, then you are probably misunderstanding them. If you truly do have an RMD problem, here's what to do about it.| The White Coat Investor - Investing & Personal Finance for Doctors
An independent contractor has plenty of excellent options for retirement savings -- an i401(k), SEP IRA, Roth IRA, HSA, Defined Benefit/Cash Balance plan, and even a taxable brokerage. Which is best for you?| The White Coat Investor - Investing & Personal Finance for Doctors
The White Coat Investor was founded to help you get a "fair shake" on Wall Street. We have helped hundreds of thousands of doctors and other high income professionals become financially literate and eventually financially successful.| The White Coat Investor - Investing & Personal Finance for Doctors
HSAs have superior tax protection features compared to any other investing account including their "triple-tax-free" nature, the ability to withdraw the money after 65 for any purpose penalty-free, and the ability to delay withdrawals while saving receipts.| The White Coat Investor - Investing & Personal Finance for Doctors
A good investment portfolio is broadly diversified, low-cost, passively managed, rebalanced, and consistent with its owner's risk tolerance. Which one works best for you?| The White Coat Investor - Investing & Personal Finance for Doctors
When deciding which asset class to put in taxable, both tax-efficiency of the asset class AND the rate of return of the asset class matter.| The White Coat Investor - Investing & Personal Finance for Doctors
Wondering about rebalancing your IRA accounts? Discussed here are a few important things about rebalancing such as the why, when, and how.| The White Coat Investor - Investing & Personal Finance for Doctors
Learn the basics of real estate investing—from capital stacks to waterfalls, depreciation, 1031 exchanges, strategies, and lots more.| The White Coat Investor - Investing & Personal Finance for Doctors
This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process, including Form 8606, tax implications, common mistakes, and lots more.| The White Coat Investor - Investing & Personal Finance for Doctors