The 5-Year Rules
Maybe you've heard of the 5-Year Rule when discussing personal finance. But did you know there are actually four rules? Here's what they are.
Maybe you've heard of the 5-Year Rule when discussing personal finance. But did you know there are actually four rules? Here's what they are.
Here’s a closer look at NewRetirement vs. Empower to understand the best financial tracking and planning apps for your financial goals.
Answering reader questions about high-yield savings accounts, whether you should start a 529 if you are going to be an older parent when your kid goes to college, and if you should raid your taxable account to pay cash for a new house and avoid a high interest rate.
Some advisors think asset allocation is the primary tool to manage the Sequence of Returns Risk as one nears retirement. But should it be?
If you get into real estate investing, you're likely going to make plenty of mistakes. Here's how you (hopefully) can avoid some of them.
If you’re one of those who needs to loosen the purse strings a bit, this post is for you. Here are some tips for how to spend your money.
What happens if family comes to you and asks for money? If I say no, what will Thanksgiving dinner be like? Will this erode our relationship?
If you own a practice with employees, others are affected if you die or get disabled. That's why business disability insurance is an option.
An interview with Britt Williams Baker, co-founder of Dow Janes, a company created to help educate women on all things finances. We discuss the difference in finances for women vs. men and why credit card debt is so prevalent.
Let's discuss one of the silliest myths in the personal finance and investing world. Because it's totally false and potentially harmful.
If you're working out of a cubicle as a doc, you are right to feel demoralized because cubicles are demoralizing. Here's how to fight back.
There's not a clear answer for how much you should save to pay for your kids' college education. But here's how to take an educated guess.
Let’s journey back in time and discover the story behind Dr. Charles Leale as he tried desperately to save Abraham Lincoln's life.
There are plenty of reasons why a doctor might not want to work at the VA. But there are also reasons why perhaps they should reconsider.
Here's everything you need to know about physician mortgage loans, whether you should get one, and how much they'll cost you.
After much thought, our portfolio is changing this year from one reasonable portfolio to another. We'll see how it goes. Update in a decade.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.
Rich people don't "manage" debt. They eliminate it. Not stupidly, but reasonably and consistently. It's a behavioral thing, not a math thing.
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.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
Peer to Peer Lending (P2PL) is a relatively new asset class I've been investing in for a few years with good success. The risks are high, but the low correlation with the rest of your portfolio coupled with the high returns make it worth looking into.
Bloggers and authors often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
New residents have a big desire to buy a house. But it's a gamble of your time and money at a period of life when you have little of either.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
Many beginning investors feel overwhelmed when trying to design and implement their investment portfolios. This detailed plan should help.
Learn the basics of real estate investing—from hard money loans to mezzanine debt, capital stacks to waterfalls, depreciation, 1031 exchanges, strategies, and lots more.
How much longer can I do this job? I'd wondered that for years, but now I needed to make a choice: retire early or find something else to do.
Stress is all but guaranteed in the medical profession. But here are some medical specialties that are more stressful than others.
If you let a season of your life go by without having an experience that is only available in that season, you've lost your chance.
In my marriage, I'm the primary earner. Here's how I think about bucking customary gender-based norms and making more money than my husband.
Two White Coat Investor columnists—one older and one younger—go head to head to discuss their views on investing and retirement.
This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process including Form 8606, tax implications, common mistakes, and lots more.
As a "moderate-income" high earner, I'm sharing our household income, estimated taxes, spending projections, and expected savings rate.
The secret to becoming a wealthy physician is contained in these four words: "Live Like A Resident." Earn like an attending, but spend like a resident to become very wealthy, very fast.
What are the most unbiased, accurate, high-yielding, current, and entertaining financial books for doctors and other high income professionals? Here you go!
Our Health Savings Account has grown and grown and grown. Now, it's into six-figure territory. Here's how we did it and what we'll do next.