White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
Host, Dr. James Dahle, is a practicing emergency physician and founder of the White Coat Investor Blog. Like the blog, the White Coat Investor Podcast, is dedicated to educating medical students, residents, physicians, dentists, and similar high-income professionals about personal finance and building wealth, so they can ultimately be their own financial advisor—or, at least know enough to not get ripped off by a financial advisor! We tackle the hard topics like the best ways to pay off student loans, how to create your own personal financial plan, retirement planning, how to save money, investing in real estate, side hustles, and how everyone can be a millionaire by living WCI principles. Learn more at http://whitecoatinvestor.com/
Episodes
Mentioned books
8 snips
Feb 23, 2026 • 23min
MtoM #263: How a CRNA Became a Millionaire: Lessons from Firing a Financial Advisor
A CRNA describes reaching seven figures and the financial choices that mattered most along the way. He explains why he fired his financial advisor and the practical hurdles of moving to DIY money management. The story covers net worth composition, real estate choices, tax-aware strategies, spousal alignment, and the habits that drove long-term wealth building.
29 snips
Feb 19, 2026 • 51min
WCI #459: Financial Strategies Every Physician Needs: Taxes, Retirement, and Real Estate
Brian Martin, founder of Taxstra and tax strategist for high earners and real estate investors. He talks taxes, retirement account order and conversions, and real estate strategies like depreciation and short-term rentals. The conversation covers multi-plan rules, tax-loss harvesting with direct indexing, and practical ways to shift or shelter income.
10 snips
Feb 16, 2026 • 24min
MtoM #262: How a Pediatric Intensivist Became a Millionaire: Lessons for Doctors and Financial Boot Camp: How Does IDR Repayment Work
A pediatric intensivist's path to millionaire status is dissected with focus on career moves, savings habits, and investment mix. The conversation highlights locum tenens as a high-pay option and discusses debt choices and immigrant-rooted frugality. A Financial Boot Camp section breaks down income-driven loan repayment strategies for medical professionals.
Feb 12, 2026 • 1h 1min
WCI #458: Why Automation Beats Willpower for Doctors Building Wealth
David Bach, bestselling author of The Automatic Millionaire, shares his playbook for automated saving and simple investing. He explains why automating pay-yourself-first systems beats willpower, outlines five practical automations, and revisits the Latte Factor's real meaning. Conversation touches on why many doctors struggle financially, hands-off asset allocation, and the benefits of mini retirements and life changes abroad.
Feb 9, 2026 • 24min
MtoM #261: Two Doc Couple Pays Cash for Home Renovation and Financial Boot Camp: What is a Stock?
A two-doctor couple describes paying cash for a major home renovation, including an indoor basketball court, and choosing patience over debt. They discuss the budgeting, contingency planning, and lifestyle choices behind a $202k basement finish. The conversation also covers the basics of stocks: ownership, dividends, price appreciation, buybacks, and valuation concepts like P/E ratios.
Feb 5, 2026 • 39min
WCI #457: Cash Balance Plans, Trusts, and the Million-Dollar Debate
Conversations cover advanced retirement tools like cash balance plans and how partnerships can set them up. Legal and estate topics include revocable trusts, probate avoidance, and asset protection options. They debate why physicians should aim for multimillion-dollar nests and examine when peak spending typically happens in a medical career.
Feb 2, 2026 • 15min
MtoM #260: General Contractor Becomes a Millionaire and Financial Boot Camp: How Does Dental Insurance Work?
A general contractor recounts building a million-dollar net worth through high savings, frugal choices, and steady investing despite modest earnings. They discuss paid-off mortgage, solo 401(k) and Roth strategies, and plans to buy rentals. The episode also breaks down how dental insurance typically covers routine care, has caps, and differs from catastrophic health coverage.
8 snips
Jan 29, 2026 • 1h 14min
WCI #456: Alternative Investments with Larry Swedroe
Larry Swedroe, author and investment researcher known for evidence-based investing. He tackles AI valuation and whether today’s tech surge is a bubble. He argues for value, international exposure, and patience. He breaks down alternatives—from real estate and reinsurance to crypto and private credit—and explains why some illiquid strategies can work and which to avoid.
Jan 26, 2026 • 31min
MtoM #259: PA Pays Off Student Loans in 16 Months and Financial Boot Camp: What is a Bond?
A PA paid off $155,000 of student loans in 16 months by living like a resident, cutting expenses, and working many clinical roles. She built an app and starter kit to track progress and used rapid payoff to avoid burnout and gain life flexibility. The show also covers bond basics: how bonds work, risks like interest-rate and inflation, duration, bond types, and tax considerations.
Jan 22, 2026 • 38min
WCI #455: Student Loan Forgiveness, Taxes, and Retirement Accounts
Explore the intricacies of student loan forgiveness and smart repayment strategies. Discover tips on navigating taxes and maximizing your retirement accounts after hitting contribution limits. Learn about the advantages of the Mega Backdoor Roth and solo 401(k). Get insights into managing cash balance plans effectively. Real-life success stories highlight the potential for significant financial relief. Valuable advice awaits those balancing residency life and financial goals!
