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Today we are talking with a Pharmacist who has reached FI in his 30s. While his career has been in pharmacy he was always committed to building a big real estate portfolio. He bought his first property at 23 and has continued to grow it since that time and is now making roughly $50,000 per month from rental income. He retired from Pharmacy last year and is now focused only on his real estate portfolio. He got into real estate for financial freedom and the ability to create the life he wants. Despite his impressive income he continues to live a frugal lifestyle. He said he enjoyed his career in pharmacy and credits it for giving him the capital he needed to build his portfolio. If you are interested in real estate this interview is for you! For finance 101 we are talking about 529s. This is a sponsored promotion for Locumstory.com [https://www.whitecoatinvestor.com/misc/a/locumstory]. But the weird thing here is there’s nothing they’re trying to sell you. Locumstory.com [https://www.whitecoatinvestor.com/misc/a/locumstory] is simply a free, unbiased educational resource about locum tenens – it’s not an agency. They simply exist to answer your questions about the how-to’s of locums on their website, podcast, webinars, videos, and they even have a locums 101 crash course. Learn about locums and get insights from real-life physicians, PAs and NPs at https://Locumstory.com [https://www.whitecoatinvestor.com/misc/a/locumstory] 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 and Roth expert, Chris Davin. He is joining us to answer some of your questions and then get way into the Roth weeds with Dr. Dahle. Chris knows more about the intricacies of Roth considerations than anyone we know. They discuss when to choose Roth and why, mega backdoor Roth, choosing Roth as an independent contractor and so much more! Brought to you by Laurel Road for Doctors [https://www.whitecoatinvestor.com/pln/a/laurelroad]. Laurel Road is committed to serving the unique financial needs of residents and doctors. We want to help make your money work harder and smarter. If credit card debt is weighing you down and you’re struggling with monthly payments, a personal loan designed for residents with special repayment terms during training could help you consolidate your debt. Check if you qualify for a lower rate, plus, White Coat Readers also get an additional rate discount when they apply through https://LaurelRoad.com/WCI [https://www.whitecoatinvestor.com/pln/a/laurelroad] For terms and conditions, please visit https://LaurelRoad.com/WCI [https://www.whitecoatinvestor.com/pln/a/laurelroad]. Laurel Road is a brand of KeyBank N.A. Member FDIC. 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]

This family doc has all kinds of milestones to celebrate. He recently received PSLF, his net worth just exceeded $1 million and he is almost to $1 million invested. He is crushing the finance game. His secret to success is side gigs, side gigs, side gigs! He knows how to hustle and had the benefit of having his financial awakening during training so he could hit the ground running when he became an attending. For finance 101 we are talking about long term bonds. This podcast is sponsored by Bob Bhayani at Protuity [https://www.whitecoatinvestor.com/dia/a/protuity]. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time White Coat Investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at https://whitecoatinvestor.com/protuity [https://www.whitecoatinvestor.com/dia/a/protuity] today, by email info@protuity.com [info@protuity.com] or by calling (973) 771-9100. 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 answer a handful of HSA and FSA questions including what to do when you contribute incorrectly and what to do when you have problems with reimbursement for medical spending. We answer a question about calculating equities. We also do a deep dive into malpractice insurance with information about lizard tails, veto clauses and hammer clauses. 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 hear from a Veterinarian who is back to broke only 10 months out of training. This vet lives in the midwest and really shows what geo arbitrage can do. He has a fantastic income and a very low cost of living and those two things make a huge impact on finances. He has paid off almost all of his student loans and has saved for a down payment at the same time. His frugality, smart decisions, and hard work has made all of this possible. Using those skills will ensure that he will be financially independent in no time. After the interview we will talk about mutual funds for finance 101. Full disclosure, this is a sponsored promotion for Locumstory.com [https://www.whitecoatinvestor.com/misc/a/locumstory]. But the weird thing here is there’s nothing they’re trying to sell you. Locumstory.com is simply a free, unbiased educational resource about locum tenens – it’s not an agency. They simply exist to answer your questions about the how-to’s of locums on their website, podcast, webinars, videos, and they even have a locums 101 crash course. Learn about locums and get insights from real-life physicians, PAs and NPs at https://Locumstory.com [https://www.whitecoatinvestor.com/misc/a/locumstory]. 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]