The White Coat Investor

How Can We Serve You Today?

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!

Become a White Coat Investor

Founder’s Message

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.

Read on »

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.

Read on »


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.

Read on »

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.

Read on »

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.

Read on »

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.

Read on »

View all Classic Posts »

Latest Posts

early retirement

The Unspoken Risks of NOT Retiring Early

If you don't plan to retire early and yet have the ability to do so, here's everything you might be missing by continuing to work.

Read on »

cryptocurrency pros cons

Pros and Cons of Cryptocurrency Investing

Despite the fact cryptocurrency cratered in 2022, there are still plenty of people who want to invest in it. Here are the pros and cons.

Read on »

US debt crisis

The Government’s Debt Limit Crisis and Your Investments

What happens if the US's debt limit crisis continues? What happens if the government shuts down? How will your investments be affected?

Read on »

grocery store saving

10 Ways That Even Physicians Can Save Money on Groceries

Looking for how to cut costs on groceries, even if you're a high earner? Here are 10 ways one doctor keeps her grocery bill low.

Read on »

functional longevity

Functional Longevity: What Use Is Retirement If You Can’t Move and Think?

When you retire (and especially if you retire early), don't you want to stay mentally and physically healthy? Here's how to think about it.

Read on »

Introduction to Secure Act 2.0

We take a deep dive into how the Secure Act 2.0 will affect you. Plus, we answer reader questions about the Backdoor Roth, tax-loss harvesting, and how to approach long-term care insurance.

Read on »

View all posts »

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