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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 tax brackets work

2021 Tax Brackets — How They Actually Work

Get a tax plan in place to better manage your wealth in 2021. Start by understanding tax rates and how they work.

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physician millionaire

Physician Millionaires

Too many docs never build significant wealth despite their high incomes. Make plans now to ensure you aren't in that category when you retire.

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pay less taxes

7 Ways the Rich Pay Less in Taxes (and you can too)

Yes, the rich do take advantage of their knowledge of the tax code to pay less in taxes. But six of their seven techniques are available to everyone.

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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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Hippies

How To Do a Backdoor Roth IRA [Ultimate Guide & Tutorial]

This Backdoor Roth IRA tutorial takes you step by step through the contribution process including Form 8606 & contributing via Vanguard. Get it done right & avoid costly mistakes.

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backdoor roth ira

17 Ways To Screw Up A Backdoor Roth IRA

I thought the Backdoor Roth IRA was so simple nobody would screw it up. Boy was I wrong. Here's how to get it right and make contributions a simple task.

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Latest Posts

whole life insurance

Your Questions About Whole Life Insurance Answered

Whole life insurance is pitched to almost every high-income professional. Arm yourself with the facts so you don't fall prey to a decision you'll regret.

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inflation

What You Need to Know About Inflation

Combating inflation is vital to successful investing. Know how it is measured, and what you can do with your portfolio to fight against it.

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Why Many Doctors Live Paycheck to Paycheck

When living paycheck to paycheck is broken down like this, it's easy to see why the average doctor might be struggling to keep up.

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scholarship endowment

How to Endow a Scholarship and How Much Does It Cost?

Thinking of endowing a university scholarship? It's surprisingly easy to get set up and can cost less than you might think.

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Q&A on Investments – Calculating ROI, Dollar-Cost Averaging vs. Lump Sum, UTMA Accounts & TIPS – Podcast #215

Your investing questions answered! Topics covered include how to calculate ROI, using a UTMA account, TIPS allocation, and dollar-cost averaging vs. lump sum.

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Financial Security When Partner Isn’t on Same Path

Today's guest shares her experience trying to build the foundation for financial success with a reluctant partner. Lots to learn from her story.

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Buy Our Book!

The White Coat Investor: A Doctor's Guide To Personal Finance And Investing not only summarizes the most important information on the blog, but also contains material not found on the site at all.
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