Menu

The White Coat Investor

How Can We Serve You Today?

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!

Become a White Coat Investor

Founder’s Message

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.

Read on »

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?

Read on »

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.

Read on »

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.

Read on »

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.

Read on »

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.

Read on »

View all Classic Posts »

Latest Posts

partner-centered personal finance

Partner-Centered Personal Finance

I would save time and effort for myself and my partner if I consistently practice partner-centered personal finance. Here's what I mean.

Read on »

residency single earner kids

How to Survive Residency as a Single Earner with Kids

Having children comes with biological and financial consequences. It's hard to afford a family while in school, training, and early career.

Read on »

the frustration of being disabled

The Frustration of Being Disabled

This is the first post I wrote since falling off the north face of the Grand Teton in August 2024. I'm definitely not feeling like myself.

Read on »

outsourcing chores

My Internal Struggle for Outsourcing the Chores I Hate (or Can’t Do)

My parents always had time for everything. I never have time for anything. How do I wrap my head around being OK with outsourcing my chores?

Read on »

dividend irrelevance theory

The Dividend Irrelevance Theory

Too many novice investors are not familiar with the dividend irrelevance theory. But it's important to know about, so let's talk about it.

Read on »

reflecting on values after child graduation

Parenting, Priorities, and a Life Well Spent as My Child Graduated High School

My first child just graduated from high school. Here's what this transition has taught me about myself, my priorities, and the last 18 years.

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