Personal Finance

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Which Retirement Withdrawal Strategy Is Best?Comparing Portfolio Withdrawal Strategies in Retiremen…
Are you an "eyeballer" or a rule follower when it comes to retirement spending? There are hundreds of methods for how to spend from a retirement portfolio. Let's go over a few of them to see what might work best for you. #physician #retirementplan #retirement #retirementspending #spendingplan #SORR #personalfinance #wci
Quit Buying Cars on Credit - 15 Reasons to Pay Cash
How do you typically pay for cars? If a physician to HAS to buy a car on credit, I consider it a negative status symbol. It tells me he has no idea how to manage money. Here are 15 reasons to pay cash. #physician #personalfinance #buyingacar #carbuying #carloans #wci
Deleveraging Your Life
How do you decide when to pay extra on your debts? Do you even realize how leveraged your life is? If your debts are higher than your portfolio, you ought to consider paying them down. #physician #financialliteracy #financialeducation #leverage #debt #studentloans #mortgage #wci
What Physicians Should (Not) Do When Gettting Sued | White Coat Investor
Have you ever been sued for malpractice? The risk of being sued is the elephant in the room during every clinical encounter with patients. Here's what to do if it happens. #physician #malpractice #lawsuit #malpracticeinsurance #medicalmalpractice #expertwitness #personalfinance #wci
Doctors Can't Spend More Than Half Their Income
Does it feel like you're fighting an uphill battle as you try to increase your sustainable standard of living? That's because you are. #physician #financialliteracy #personalfinance #spending #spendingplan #budget #investing #retirementplan #income #physiciancompensation #wci
Risk vs. Reward — How to Find the Balance | White Coat Investor
Talking about finding balance in our lives and discussing how to know what our risk tolerance is in the finance space and our lifestyle. Also an interview with Dr. Jordan Grumet, who is passionate about helping people find meaning in their lives to maximize happiness. #physician #wellness #happiness #findingjoy #physicianfinance #physicianwellness #personalfinance #financialindependence #lifebalance #wci
Is Financial Planning Different for Dual-Income Couples? | White Coat Investor
Do you and your spouse both have a high income? Dual high-earner couples have some significant financial disadvantages. The advantages, however, probably more than make up for them. #physician #financialliteracy #personalfinance #investing #studentloandebt #marriage #physicianincome #wci
How to Become Rich [as Fast as Possible] | White Coat Investor
You, like WCI, might be a fan of getting rich slowly. But if you're in a big hurry, here's what you can do to speed up the process. #physician #financialliteracy #personalfinance #investing #physicianincome #physiciancompensation #buildingwealth #networth #wci
The Annual Statement of Personal Compensation (And Why You Need One) | White Coat Investor
Compensation is easy to calculate, but the satisfaction received by it is not. A statement of personal compensation helps you determine it. #physician #financialliteracy #personalfinance #investing #fulfillment #burnoutprevention #physicianwellness #wci
Contribution Limits, Estate Planning, and Emergency Funds | White Coat Investor
This week on the podcast, Dr. Dahle talks about how much you can contribute to each when you have multiple retirement accounts, the role of trusts in estate planning and asset protection, and whether paying doctors less would make healthcare less expensive. #physician #financialliteracy #financialeducation #investing #podcast #retirementaccounts #assetprotection #estateplanning #wci
Why Your Credit Score Is Not Your Adult GPA | White Coat Investor
How much should you worry about your credit score? Your credit score doesn't necessarily tell you whether you're on the right financial track. Here's what it means—and what it doesn't. #physician #personalfinance #credit #creditscore #financialliteracy #wci
10 Reasons You're Not Stupid for Paying Off Your Debt | White Coat Investor
Do you want to pay off your low interest mortgage or student loans? You don't need to feel dumb or embarrassed about paying off your debt. Here are 10 reasons why it's actually a smart financial decision. #physician #financialeducation #debt #interestrates #payingoffdebt #studentloandebt #mortgage #debtfree #investing #buildingwealth #wci
Revisiting the Year Where (Some) Things Went According to Plan | White Coat Investor
Has your year turned out the way you expected? "If 2023 was the year of change, 2024 was the year of settling in. Here's where I stand with my New Year's resolutions." #physician #personalfinance #financialplanning #lifegoals #wci
Inflation Is NOT Good for the Wealthy | White Coat Investor
Do you think you've done better when inflation hits? Some people apparently believe that inflation is beneficial for the rich. That idea is bonkers, and I'll tell you why. #physician #financialliteracy #financialeducation #personalfinance #investing #inflation #wci
HSA Loophole — Adult Child HSA Family Contribution | White Coat Investor
Will you be funding an HSA for your adult, non-dependent children? There are plenty of different ways to help your kids become wealthy. Check out this HSA loophole that could make your kid a millionaire. #physician #family #children #HSA #healthsavingsaccount #HDHP #healthinsurance #healthcare #wci