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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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 2024 Retirement Plan Contribution Limits

The contribution limits for 401(k)s, 403(b)s, IRAs, and HSAs will change for 2024. Here's what you need to know.

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Latest Posts

intentionally defective grantor trust

Intentionally Defective Grantor Trusts (IDGT)

An Intentionally Defective Grantor Trust (IDGT) has some very useful estate planning benefits. Here's what you need to know.

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contract negotiation

Free Compensation and Contract Comparison Data Available from Resolve (With Some Really Cool Widgets)

If you're looking to negotiate a contract or just want to know how much physicians are making, Resolve and WCI can help you figure it out.

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Solo 401(k), TSP, Employer Match, and Converting from Pre-Tax to Roth Questions

Answering reader questions about retirement accounts, including what to do with an inherited IRA, 401(k) employer matching, and the recent change with Vanguard getting out of the solo 401(k) game.

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best retirement calculators

A DIY Investor’s Guide to Retirement Calculators

For DIY investors, the questions of retirement timing and how to calculate what you'll need are hard to dissect. A calculator could help.

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student loan paying for medical school

How I Financed Medical School After a Late Start (and How SAVE Changed Everything)

Financing medical education has gone through a big change. Let's compare three potential student loan paths and figure out the best solution.

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stump the chump

Can You Stump the Chump, aka Jim? Plus, a Day in My Life as I Answer Questions

We're going back to my email inbox for a discussion of a potpourri of financial topics. I'll answer questions as I do my shoulder workout.

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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