White Coat Investor Podcast

Today we are answering questions about finances and family members. We talk about when it is the right time to kick your kids of your car insurance, what to do when you are supporting your parents financially, how the gift tax works when your parents are giving you an early inheritance, what to do when you have a wildly overfunded 529 and lots of other questions that have to do with parents, children and relationships when money gets involved. We’re halfway through the year, and while vacation mode is great, it’s also the perfect time to review your tax strategy. Cerebral Wealth Academy [https://www.whitecoatinvestor.com/txs/l/cerebral] has opened enrollment for “The Doctor’s 4-Week Guide to Smart Tax Planning [https://www.whitecoatinvestor.com/txs/l/cerebral]”, available through June 30. As the spouse of a physician and founder of Cerebral Tax Advisors, Alexis Gallati created a course designed for medical professionals with a side gig, locum tenens, or private practice. It includes 22 video lessons covering business entity setup, maximizing deductions, retirement planning, advanced tax strategies, and monthly live Q&A sessions with Alexis herself. White Coat Investor podcast listeners can use code WCISUMMER200 for a $200 discount. Visit https://cerebralwealthacademy.com [https://www.whitecoatinvestor.com/txs/l/cerebral] to learn more. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com [https://www.whitecoatinvestor.com]  YouTube: https://www.whitecoatinvestor.com/youtube [https://www.whitecoatinvestor.com/youtube]  Student Loan Advice: https://studentloanadvice.com [https://studentloanadvice.com]  Facebook: https://www.facebook.com/thewhitecoatinvestor [https://www.facebook.com/thewhitecoatinvestor]  Twitter: https://twitter.com/WCInvestor [https://twitter.com/WCInvestor]  Instagram: https://www.instagram.com/thewhitecoatinvestor [https://www.instagram.com/thewhitecoatinvestor]  Subreddit: https://www.reddit.com/r/whitecoatinvestor [https://www.reddit.com/r/whitecoatinvestor]  Online Courses: https://whitecoatinvestor.teachable.com [https://whitecoatinvestor.teachable.com]  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter [https://www.whitecoatinvestor.com/free-monthly-newsletter]

Today we are talking with a highly motivated couple that has reached financial independence in their mid thirties. They did all of this in less than 10 years since training. She is a dentist and he is in business and they leveraged their knowledge to build a thriving dental practice. They save upwards of 80 - 90% of their income and have known since they finished training that they wanted to get to FIRE. They love the freedom and the choice that is now available to them. After this inspiring interview we will be talking about FIRE. Trusted by more than 3,500 accredited investors in all 50 states as of March 31st 2025, DLP Capital [https://www.whitecoatinvestor.com/rei/a/dlp]’s strategic focus on attainable workforce housing in fast-growing Sunbelt markets gives you the potential to earn consistent monthly income, diversify away from stocks and bonds, and generate double-digit returns. DLP’s current offerings include both private credit and equity strategies, making it easy to find the right fit for your risk tolerance and investment goals. And don’t forget: DLP offers lower investment minimums exclusively for White Coat Investors. Discover more at https://WhiteCoatInvestor.com/DLP [https://www.whitecoatinvestor.com/rei/a/dlp] The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones [https://www.whitecoatinvestor.com/milestones]  Main Website: https://www.whitecoatinvestor.com [https://www.whitecoatinvestor.com]  Student Loan Advice: https://studentloanadvice.com [https://studentloanadvice.com]  YouTube: https://www.whitecoatinvestor.com/youtube [https://www.whitecoatinvestor.com/youtube]  Facebook: https://www.facebook.com/thewhitecoatinvestor [https://www.facebook.com/thewhitecoatinvestor]  Twitter: https://twitter.com/WCInvestor [https://twitter.com/WCInvestor]  Instagram: https://www.instagram.com/thewhitecoatinvestor [https://www.instagram.com/thewhitecoatinvestor]  Subreddit: https://www.reddit.com/r/whitecoatinvestor [https://www.reddit.com/r/whitecoatinvestor]  Online Courses: https://whitecoatinvestor.teachable.com [https://whitecoatinvestor.teachable.com]  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter [https://www.whitecoatinvestor.com/free-monthly-newsletter]

Today we are talking with our friend, Dr. Cory Fawcett. Dr. Fawcett is an author many times over and has another great book newly published called A Doctor's Guide to Finding Joy in Your Work. We know how prevalent burnout can be and Dr. Fawcett has some great advice for how to not only avoid burnout but to find real joy in what you do. He practices what he preaches and we hope this conversation inspires you and gives you some practical advice you can bring into your life and your practice. Today’s episode is brought to us by SoFi [https://www.whitecoatinvestor.com/a/sofi], the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that’s where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you’re still in residency. And if you’re already out of residency, SoFi’s got you covered there too. For more information, go to https://www.whitecoatinvestor.com/Sofi [https://www.whitecoatinvestor.com/a/sofi] SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com [https://www.whitecoatinvestor.com]  YouTube: https://www.whitecoatinvestor.com/youtube [https://www.whitecoatinvestor.com/youtube]  Student Loan Advice: https://studentloanadvice.com [https://studentloanadvice.com]  Facebook: https://www.facebook.com/thewhitecoatinvestor [https://www.facebook.com/thewhitecoatinvestor]  Twitter: https://twitter.com/WCInvestor [https://twitter.com/WCInvestor]  Instagram: https://www.instagram.com/thewhitecoatinvestor [https://www.instagram.com/thewhitecoatinvestor]  Subreddit: https://www.reddit.com/r/whitecoatinvestor [https://www.reddit.com/r/whitecoatinvestor]  Online Courses: https://whitecoatinvestor.teachable.com [https://whitecoatinvestor.teachable.com]  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter [https://www.whitecoatinvestor.com/free-monthly-newsletter]

Today we are talking with a CRNA who has reached a net worth of a half million dollars. She has followed the White Coat way and lived frugally and saved a healthy portion of her income and has watched her wealth grow over time. She has a supportive partner who has always been on the same page. After the interview we will be talking about investing cash for Finance 101. Doc2Doc [https://www.whitecoatinvestor.com/pln/a/doc2doc] is a lending solution built by doctors, for doctors, offering tailored financial products to support every stage of a physician’s career. Whether you’re a fourth-year medical student preparing for residency, transitioning into practice, or an experienced physician, Doc2Doc provides loans to cover relocation, consolidate debt, or tackle unexpected expenses. With a quick online application, no prepayment penalties, and millions of dollars already funded to White Coat Investor members, we make financing simple and stress-free. Empowering doctors with the funds they need for both work and play, Doc2Doc is here to support your journey from training to practice. Visit https://www.whitecoatinvestor.com/doc2doc [https://www.whitecoatinvestor.com/pln/a/doc2doc] to learn more. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones [https://www.whitecoatinvestor.com/milestones]  Main Website: https://www.whitecoatinvestor.com [https://www.whitecoatinvestor.com]  Student Loan Advice: https://studentloanadvice.com [https://studentloanadvice.com]  YouTube: https://www.whitecoatinvestor.com/youtube [https://www.whitecoatinvestor.com/youtube]  Facebook: https://www.facebook.com/thewhitecoatinvestor [https://www.facebook.com/thewhitecoatinvestor]  Twitter: https://twitter.com/WCInvestor [https://twitter.com/WCInvestor]  Instagram: https://www.instagram.com/thewhitecoatinvestor [https://www.instagram.com/thewhitecoatinvestor]  Subreddit: https://www.reddit.com/r/whitecoatinvestor [https://www.reddit.com/r/whitecoatinvestor]  Online Courses: https://whitecoatinvestor.teachable.com [https://whitecoatinvestor.teachable.com]  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter [https://www.whitecoatinvestor.com/free-monthly-newsletter]

Today we are answering some of your real estate questions starting with how to know if a deal is too good to be true and as well as the importance of doing thorough due diligence before investing in any real estate deal. We talk about all in one loans for mortgages and then answer some questions about variable universal life insurance and annuities. We also hear from our friends at Black Swan Real Estate. Today’s episode is brought to us by SoFi [https://www.whitecoatinvestor.com/a/sofi], the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that’s where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you’re still in residency. And if you’re already out of residency, SoFi’s got you covered there too. For more information, go to https://www.whitecoatinvestor.com/Sofi [https://www.whitecoatinvestor.com/a/sofi] SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com [https://www.whitecoatinvestor.com]  YouTube: https://www.whitecoatinvestor.com/youtube [https://www.whitecoatinvestor.com/youtube]  Student Loan Advice: https://studentloanadvice.com [https://studentloanadvice.com]  Facebook: https://www.facebook.com/thewhitecoatinvestor [https://www.facebook.com/thewhitecoatinvestor]  Twitter: https://twitter.com/WCInvestor [https://twitter.com/WCInvestor]  Instagram: https://www.instagram.com/thewhitecoatinvestor [https://www.instagram.com/thewhitecoatinvestor]  Subreddit: https://www.reddit.com/r/whitecoatinvestor [https://www.reddit.com/r/whitecoatinvestor]  Online Courses: https://whitecoatinvestor.teachable.com [https://whitecoatinvestor.teachable.com]  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter [https://www.whitecoatinvestor.com/free-monthly-newsletter]