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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

Buying Into a Practice, Building Wealth, and Planning Ahead

Answering listener questions about what to know before buying into a practice, how to think about what “net worth” really means, and the important basics on special needs trusts.

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just keep swimming

Just Keep Swimming

What can the Disney movie, Finding Nemo, teach us about how to effectively make our way through the world of finance?

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buying a home for your child

How to Help Your Child Buy a Home

Here are 10 methods to help your child with their housing costs, along with the pros and cons of each and a ranking of all the options.

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one more year

One More Year Can Be Tough

Our goal was never to hit our financially independent number and then immediately retire. So, we decided to work for One More Year.

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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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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