Since 2011, The White Coat Investor has had one overriding goal: We want to make sure YOU find the financial success you deserve. Now that you’re here, you’ve taken the first step to turning that dream into a reality and achieving your financial goals. We couldn’t be happier with your decision. Dr. Jim Dahle, a practicing emergency physician, founded the White Coat Investor after he learned first hand that high income does not automatically equal wealth. He put in the work to become financially literate, and now he’s financially independent and practicing medicine on his own terms. You can do it, too. WCI—through our blog, our books, our courses, our podcasts, and everything else we have to offer—will give you the tools you need to become financially literate so you can experience the financial life you’ve always wanted to live. You can do it, and we can help. Let’s start now.


Financial Literacy Puzzle

How to Convert Your High Income Into Wealth

Beginning your financial journey can seem awfully overwhelming, like a giant jigsaw puzzle with pieces scattered throughout the room. But The White Coat Investor is here to help and guide you every step of the way to give you the full picture of what financial literacy can look like. Instead of trying to solve the entire puzzle at once, let’s break it down into sections that are more easily digestible. In fact, WCI accomplishes this every day on the blog. Sometimes, we write about investment strategies. Sometimes, we write about life insurance. Sometimes, it’s all about student loans, and the next day, it’s all about retirement planning. It’s little pieces here and there, fitting them together slowly but surely, that create the completed jigsaw puzzle. The point is, there’s something for everyone at WCI, whether you know just about everything or absolutely nothing. These are the major topics we regularly cover. These are the topics you’ll eventually learn. And these are the topics that will turn those jigsaw puzzle pieces into the beautiful photo of financial literacy.


Spending Plan

Spending Plan

As you begin your financial journey, you'll need to know where you're coming from, where you're going, and how to get there. Remember, failing to plan is planning to fail.


Disability Insurance

Disability Insurance

The greatest risk to you as a doctor is losing the ability to earn money at the high-paying job for which you've spent years training. That's why learning about disability insurance is so vital.


Life Insurance

Life Insurance

If your family depends on your salary, purchasing life insurance is an absolute necessity. Some forms of life insurance make perfect sense for doctors, but know that others can be a waste of time and money.


Student Loans

Student Loans

The average doc owes more than $200K after medical school. Some owe more than $500K. Knowing the best way to pay off that debt is important for your current and future financial health.


Housing

Housing

When you become an attending physician, it might be tempting to buy that big, beautiful house to show that you've finally made it as a doc. But is that really the right financial decision?


Boosting Income

Boosting Income

To reach financial independence quicker than their salaries allow, many docs look for other sources of income. That could mean becoming an entrepreneur or simply finding a lucrative side hustle.


Retirement Planning

Retirement Planning

Whether you're looking to retire in your 60s or you want to FIRE in your 40s, making a retirement plan is key. That way you can enjoy your post-work life while also knowing you can afford it.


Investing

Investing

Financial advisors can be useful in many scenarios. But if you learn how to invest your own money, it can drastically improve your bottom line. Yes, you can actually do this yourself.


Taxes

Taxes

You need to understand how your income is taxed and how to make your portfolio as tax-efficient as possible. After all, you should want to pay your fair share of taxes but not a penny more.


Saving for College

Saving for College

Building generational wealth is difficult, and with college costs continuing to rise exponentially, financially planning ahead of time for your children's education is paramount.


Real Estate Investing

Real Estate Investing

You can build a comfortable life with a normal allocation of stocks and bonds. But investing in real estate can really turbo-charge your portfolio and put you on the path to wealth even more rapidly.


Asset Protection

Asset Protection

After years of wealth-building, you need a plan for how to protect your hard-earned assets. You might not ever be in a position to lose your wealth, but you still need to play defense just in case.


Other Insurance

Other Insurance

To protect yourself, your possessions, and your family, you need to have a variety of insurance plans to make sure you and your loved ones are covered in case the worst happens.


Money Management in Retirement

Retirement Money Management

Hopefully, you're already planning for how to save for retirement. But you also must learn the skills needed to manage your money once you decide that you want to be done with work.


Estate Planning

Estate Planning

While building wealth, keep in mind how you want to spread your assets to the next generation. The process of planning the future of your estate might not be a fun exercise. But it is necessary.


Giving

Giving

Earning a good living gives you the ability to help the world around you. Giving to charity should be the desire of a higher earner, and luckily, you get to be rewarded for your generosity.


Wellness and Burnout

Wellness and Burnout Prevention

The No. 1 threat to your financial plan is physician burnout. If you don't have career longevity, your future financial plans can collapse. It's essential that you learn how to keep yourself mentally healthy.



Additional Personal Finance Resources