The White Coat Investor

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Welcome New Readers!

Welcome to The White Coat Investor website! 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 here, and I understand it can be overwhelming to the first timer, so I 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? Doctor Salary by Specialty

According to a new survey, the average doctor salary increased in 2021. 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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piggy bank classic

The 2023 Retirement Plan Contribution Limits

The contribution limits for 401(k)s, 403(b)s, 457(b)s, TSPs, IRAs, FSAs, and HSAs will change for 2023. Here's what you need to know.

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When Is It OK to Start ‘Enjoying’ Your Money?

You might not want to live like a resident once you're an attending, but here's why delaying your gratification can be so powerful for a doc.

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Latest Posts

Private Real Estate vs. REITs

Answering reader questions about my personal asset allocation in real estate, how many LLCs you should have for your businesses, and how to claim a tax loss from an international property.

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emergency medicine

Emergency Medicine’s Popularity Plummets

More than 550 emergency medicine residency spots went unmatched this year. How did that happen, and what should be done about it?

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making more money than friends

How to Handle Making More Money Than Your Friends

Navigating our finances (and our increasing income) with the people we love is tough. It’s awkward. It's hard to find the right balance.

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medical school worth it

Is Medical School Worth It?

Medical school is a huge investment of both time and money. In this day and age, is it still worth it to learn how to practice medicine?

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happiness index

The Happiness Index: Mine Required My Own Version of Retirement

On a scale of 10, my happiness used to rate at about 6. But now I'm much more content. Here's how I gained back my happiness points.

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owning half a home

Why Every Doctor Should Own Half a Home

Here's why paying off half of your mortgage as quickly as possible may be a better investment strategy than investing in the stock market.

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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