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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 2026 Retirement Plan Contribution Limits

The contribution limits for 401(k)s, 403(b)s, IRAs, and HSAs will change for 2026. 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

index funds

10 Reasons I Invest in Index Funds

Most of my portfolio is invested in index funds. I hope that's not news to you. Here are 10 of the reasons why.

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separately managed accounts sma

Separately Managed Accounts (SMAs): Are They Worth Your Money?

A separately managed account (SMA) is when you pay an investment manager to pick stocks for you. Is that really a good idea, though?

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dentist salary

Dentist Salaries in 2025: Comparing DSO vs. Dentist-Owned Practices and What Lifestyle Data Reveals

If you're choosing between working for a DSO or a dentist-owned practice, salary isn't the only factor. Stability and autonomy are vital, too

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Dividends, 457(b)s, Side Gigs, and 401(k) Wisdom

Answering listener questions, where we break down the pros and cons of reinvesting dividends automatically vs. manually, explore how to balance the risk of relying on a pension and 457(b), and talk about common 1099 pitfalls.

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2021 tax brackets

How Tax Brackets Work for 2026

Get a tax plan in place to better manage your wealth in 2026. Start by understanding the 2026 tax brackets and how they work.

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queer scarcity mindset

The Queer Scarcity Mindset

Why am I so intent on accumulating wealth, despite not having children? It's because of my scarcity mindset. Here's how I'm working on it.

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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