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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 Rise (Slightly) But Not Enough to Satisfy Them

According to a new survey, the average doctor's salary rose slightly in 2023. 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 broadly diversified, low-cost, passively managed, rebalanced, and consistent with its owner's risk tolerance.

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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 2025 Retirement Plan Contribution Limits

The contribution limits for 401(k)s, 403(b)s, IRAs, and HSAs will change for 2025. 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

Financial Planning for Special Needs Kids with Dr. Bryan Jepson

An interview with Dr. Bryan Jepson, an ER doc who found his way into finance and who became a chartered special needs consultant. He talks about raising children with autism and navigating financial planning for families who have children with special needs. 

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financial checklist

End of Year Financial Checklist for 2024

The end of the year can be very busy. Use this financial checklist, and your personal finances don’t have to be among the things you forget!

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physician on fire taxes

Top 10 Ways to Lower Your Taxes and Lower Your Tax Bracket

Let's review tax reduction strategies that can help you minimize your tax burden and keep you in a lower tax bracket.

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hoa condo

Why Our Experience with a Big-City HOA Condo Became a Financial Burden (And I Have the Numbers to Prove It)

If you're thinking about buying into a building with an HOA, make sure you think through these points. Here's how much it cost me.

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how to budget

Doctors Need to Budget, Too (With a Few Examples)

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.

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military child

Thank You for Your Kids’ Service: Resources for a Military Family

Cultivating the healthy coping mechanisms that foster resilience and self-confidence is a little different for military children.

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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