Audiobooks are great. They let you listen to books on road trips and during your commute. Sometimes on Audible the book is even cheaper than the paperback version. However, one downside of an audiobook is that you can't see the images, graphs, tables, and diagrams that are in the print book. Another downside is that you can't click on the URL links like you can with the eBook or scan the URL QR codes like you can in the hard copy book.
In The White Coat Investor's Financial Boot Camp book, the visual information enhances the content. You will find below the tables, images, and diagrams referenced within the audiobook, the end-of-chapter “Additional Resources” URLs, and the text notes for all referenced outside sources. The Table of Contents links will help you easily navigate to the information you are looking for.
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Table of Contents
Tables, Images, and Diagrams
- Table 1 – Recommended Disability Insurance Riders
- Image 1 – NPER Calculation
- Table 2 – Federal Income Tax Brackets
- Diagram 1 – Why You Should Use a 401(k) During Your Peak Earning Years
- Table 3 – Retirement Accounts
- Table 4 – Years to Reach $3M on $250K Gross Income
- Image 2 – Future Value Calculation
Additional Resources
Step 9 – Correcting Past Mistakes
Notes
Step 9 – Correcting Past Mistakes
Tables, Images, and Diagrams
Step 1 – Disability Insurance
Table 1
Step 2 – Life Insurance
Image 1 – NPER Calculation
Step 7 – Retirement Accounts
Table 2
Diagram 1
Table 3
Step 8 – Investing
Table 4
Step 10 – Saving for College
Image 2 – Future Value Calculation
Additional Resources
Step 1 – Disability Insurance
For a wide scope of information on disability insurance and other important topics, visit the “Start Here” page.
Blog Posts:
Physician Disability Insurance
17 Physician Disability Insurance Mistakes
Disability Insurance for Military Physicians
Disability Insurance for Physician Couples
A Personal Look at Disability Insurance
Resources:
Recommended Independent Insurance Agents
Calculator for Estimating Personal Chance of Disability
American Medical Association Group Policy
American Academy of Family Practice Group Policy
American College of Physicians Group Policy
American Academy of Pediatrics Group Policy
American College of Emergency Physicians Group Policy
Step 2 – Life Insurance
For a wide scope of information on term life insurance and other important topics, visit the “Start Here” page.
Blog Posts:
Term Life Insurance Strategies for Physicians
Whole Life Insurance for Doctors – Your Questions Answered
12 Questions to Ask About Whole Life Insurance Policies
Debunking the Myths of Whole Life Insurance
How to Cancel Your Whole Life Insurance Policy
Resources:
Recommended Independent Insurance Agents
Term4Sale – Instant Quotes and Compulife Database Access
Insuring Income – Instant Quotes and Compulife Database Access
Step 3 – Spending Plan
For a wide scope of information on spending plans and other important topics, visit the“Start Here” page.
Blog Posts:
How Fast Can You Get Out of Debt
The Wrong Way to Think About Debt
Quit Buying Cars on Credit – 15 Reasons to Pay Cash
Resources:
Kevin MD Article: A Financial Checklist for the Pregnant Woman Physician
Step 4 – Student Loan Plan
For a wide scope of information on student loan plans and other important topics, visit the “Start Here” page.
Blog Posts:
Student Loans 101: Ultimate Guide to Student Loans
Public Service Loan Forgiveness (PSLF)
I Switched to REPAYE and I Like It
Resources:
Student Loan Refinancing Guide
Federal Student Aid Article: Income-Driven Repayment Plans
Step 5 – Boosting Income
For a wide scope of information on boosting income and other important topics, visit the “Start Here” page.
Blog Posts:
Contract Negotiations – 10 Tips from the Trenches
Financial Advice for “Low Income” Doctors
Resources:
Contract Review Services Recommendations
Step 6 – Housing Plan
For a wide scope of information on housing plans and other important topics, visit the “Start Here” page.
Blog Posts:
10 Reasons Why Residents Shouldn’t Buy a House
California Dreamin’ – Private School vs. Nicer House
10 Errors to Avoid When Refinancing a Mortgage
Resource:
Step 7 – Retirement Accounts
For a wide scope of information on retirement accounts and other important topics, visit the“Start Here” page.
Blog Posts:
How Much Do Doctors Make a Year After Taxes?
10 Reasons Why I Pay Less Tax Than Mitt Romney
How to Do a Backdoor Roth IRA [Ultimate Guide & Tutorial]
Health Savings Account: The Stealth IRA
The Best Health Savings Account
Multiple 401(k) Rules – What to Do with Multiple 401(k) Accounts
Early Retirees Should Max Out Retirement Accounts
59 ½ Rule – How to Get to Your Money Before “Retirement Age”
Resource:
Step 8 – Investing
For a wide scope of information on investing and other important topics, visit the “Start Here” page.
Course:
Blog Posts:
Best Investment Portfolios – 150 Portfolios Better Than Yours
How to Learn About Mutual Funds
Calculate Compound Interest with the Future Value Formula
5 Steps to Help You Choose the Right Mutual Funds
My 2 Asset Allocation Pet Peeves
Rebalancing Your Investment Portfolio – Back to Basics
What to Do with a Crummy 401(k)
Investing in Real Estate vs. Stocks
Resource:
What You Need to Know About Financial Advisors
Step 9 – Correcting Past Mistakes
For a wide scope of information on correcting past mistakes and other important topics, visit the“Start Here” page.
Course:
Blog Posts:
Whole Life Insurance for Doctors – Your Questions Answered
What You Need to Know About Annuities
How to Fire Your Financial Advisor
10 Ways to Know You Are Competent to DIY Your Investments
Avoid Being an Investment Collector
Tax-Deferred Retirement Accounts: A Gift from the Government
The Pros and Cons of Prenuptial Agreements
Resource:
What You Need to Know About Financial Advisors
Step 10 – Saving for College
For a wide scope of information on saving for college and other important topics, visit the “Start Here” page.
Blog Posts:
4 Pillars for High Income Families Paying for College
Best 529 Plans: Reviews, Ratings, and Rankings
3 Reasons Why You Can Take More Risk with a 529
How to Use Real Estate to Pay for College
Resources:
Saving for College Data: Ratings of 529 Plans for Both Residents and Non-Residents
The Nevada (aka Vanguard) 529 Plan
Step 11 – Estate Planning
For a wide scope of information on estate planning and other important topics, visit the “Start Here” page.
Blog Posts:
What You Need to Know About Estate Planning
The Importance of Revocable Living Trusts
Living Trusts for Everyone – Book Review
You Don’t Have to Buy Life Insurance with Your Irrevocable Trust
Difference Between an Irrevocable and Revocable Trust
Charitable Trusts – CRATs, CRUTs, CLATs, CLUTs
Resources:
Estate Tax Exemption Limits by State
Estate Planning Attorney Recommendations
Step 12 – Asset Protection
For a wide scope of information on asset protection and other important topics, visit the “Start Here” page.
Book:
Blog Post:
Portable Offshore Asset Protection Trusts
Asset Protection – Debunking the Myths
The Importance of Revocable Living Trusts
You Don't Have to Buy Life Insurance with Your Irrevocable Trust
Resource:
Asset Protection Strategists
Does Tenancy by the Entirety Apply to Your State?
Notes
Introduction
- Leslie Kane, “Medscape Physician Debt and Net Worth Report 2020,” Medscape, June 24, 2020.
- MeTV Staff, “Sgt. Joe Friday never actually said ‘Just the facts, ma’am’ on Dragnet,” MeTV, January 17, 2020.
- Don Banks, “The Worst Play Call in NFL History Will Continue to Haunt Seahawks in 2015,” Sports Illustrated, July 20, 2015.
Step 1 – Disability Insurance
- Lawrence B. Keller, “Individual Disability Insurance: Back to the Basics (and Beyond),” The White Coat Investor, October 2, 2019.
- Health Insurance Association of America, “Commissioners Disability Table, 1998,” The New York Times, February 2000.
Step 2 – Life Insurance
- Barry Popik, “Needing Insurance Is like Needing a Parachute. . .,” The Big Apple, June 7, 2017.
Step 3 – Spending Plan
- Peter Adeney, “Getting Rich: From Zero to Hero in One Blog Post,” Mr. Money Mustache, February 22, 2013.
- Henry David Thoreau, Walden: And on the Duty of Civil Disobedience (Cleveland: Duke Classics, 2012), chap. Economy, Kindle.
- Leslie Kane, “Medscape Physician Debt and Net Worth Report 2020,” Medscape, June 24, 2020.
- “The Majority of US Medical Students Are Women, New Data Shows,” December 9, 2019, AAMC.
- Linda Babcock, Sara Laschever, Michele Gelfand, and Deborah Small, “Nice Girls Don't Ask,” Harvard Business Review, October 2003.
Step 4 – Student Loan Plan
- J. Maarten Troost, “Top 7 Tips for Traveling Around the World,” Huffpost.com, August 23, 2013.
- Adam S. Minsky, “Scary Stats for Public Service Loan Forgiveness,” Boston Student Loan Lawyer, September 20, 2018.
Step 5 – Boosting Income
- Twenty One Pilots, “Stressed Out,” Track 1 on Blurryface, 2015, digital download.
- Tait D. Shanafelt, Omar Hasan, Lotte N. Dyrbye, Christine Sinsky, Daniel Satele, Jeff Sloan, Colin P. West, “Changes in Burnout and Satisfaction with Work-Life Balance in Physicians and the General US Working Population Between 2011 and 2014,” Mayo Clinic Proceedings 90, no. 12 (December 1, 2015): 1600–1613.
Step 7 – Retirement Accounts
- James Lange, Retire Secure: Pay Taxes Later: The Key to Making Your Money Last as Long as You Do (Hoboken: John Wiley & Sons, Inc., 2006), 7.
Step 8 – Investing
- Warren E. Buffett, “Berkshire Hathaway Letter to Shareholders,” February 25, 2017, 24.
- Morgan Housel (@morganhousel), “About once a year people forget that the market falls 10% about once a year,” Twitter, April 2, 2018 10:32 a.m.
Step 9 – Correcting Past Mistakes
- Phil DeMuth, The Affluent Investor: Financial Advice to Grow and Protect Your Wealth (Barron's Educational Series, 2013), 24 and 34.
- White Coat Investor, internal data from a White Coat Investor Facebook group poll “If you've bought whole life insurance, do you regret it?,” November 29, 2018.
- Cathy Ho, Nancy S. Muise, “US Individual Life Insurance Persistency: A Joint Study Sponsored by the Society of Actuaries and LIMRA,” 2012, 14.
- “Past Stupid Tax Calls – 25th Anniversary,” The Dave Ramsey Show, July 15, 2017.
Step 10 – Saving for College
Step 11 – Estate Planning
- Jonathan Clements, How to Think About Money (CreateSpace Independent Publishing Platform, 2016), book description.
Step 12 – Asset Protection
- Julie Johnson, Like Gravity (Julie Johnson, 2014).
- Anupam B. Jena, Seth Seabury, Darius Lakdawalla, and Amitabh Chandra, “Malpractice Risk According to Physician Specialty,” New England Journal of Medicine, August 18, 2011.