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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

refinancing student loans

Considering Refinancing Student Loans Now? What You Need to Know After OBBBA

After the passage of the One Big Beautiful Bill Act (OBBBA), here is the state of student loans and how to think about refinancing them.

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icu patient

Financial Lessons from a Doctor Who Became the ICU Patient

Earlier this year, I landed in the ICU. Throughout this journey of illness and recovery, I learned much about myself, my family, and my work.

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The 6 Stages of Diversification — Where Are You?

Diversification means different things to different people. I see six levels of diversification. Make sure you nail at least the top three.

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atomic habits

Changing Behavior with Atomic Habits

Having the combination of financial literacy and discipline is like having a superpower. Here's a resource that might help get you there.

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financial advisor AUM fees

In Defense of AUM Fees

I'm actually mostly anti-AUM fees, but the pushback against them has gotten out of hand—and it's time for something to be said.

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The Resident Episode

Answering questions from the residents in the audience who are wondering about saving vs. investing, buying houses, physician loans, and Roth IRAs.

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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