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
Jan 19, 2026 • 25min
MtoM #258: Student Gets Full Ride to Medical School and Financial Boot Camp: 529s
A second-year med student shares his inspiring journey of winning a full ride scholarship to medical school, which alleviated financial stress. The discussion touches on how this scholarship is shaping his career decisions and financial plans. He emphasizes the importance of early financial education and community service commitments. The conversation also dives into the intricacies of tax strategies for high-income physicians and the benefits of 529 plans for education savings. Tune in for motivation and smart financial tips!
Jan 15, 2026 • 1h 9min
WCI #454: The Numbers and Psychology of Retirement Spending with Christine Benz
Christine Benz, Director of Personal Finance at Morningstar and author, delves into the psychology and numbers behind retirement spending. She discusses the importance of giving retirees 'permission to spend' and highlights the gender disparities in finance. Christine emphasizes flexible withdrawal strategies and the significance of combining portfolio income with Social Security or rental income. She also warns about risks like inflation and recommends following key women in finance to expand knowledge. This conversation is rich with insights for anyone planning their financial future.
Jan 12, 2026 • 28min
MtoM #257: Emergency Medicine Doc Reaches Financial Independence, Cuts Back to Half Time and Bike Rides over 2,000 Miles Across Europe and Financial Boot Camp: How Does PSLF Work?
An emergency medicine doctor shares her exhilarating journey biking 2,500 miles from Italy to Norway with fellow adventurers. After achieving financial independence, she embraced part-time work to pursue her passion. With tips on smart financial habits and real estate strategies, she emphasizes living life to the fullest while healthy. The discussion also touches on Public Service Loan Forgiveness, offering insights on managing student loan payments. Plus, listeners can explore side gigs through paid medical surveys for extra cash!
13 snips
Jan 8, 2026 • 57min
WCI #453: Common Real Estate Questions from High-Income Professionals
Eric Goodman, managing partner of Goodman Capital, joins the discussion on real estate debt investing. He shares insights on why private real estate debt can offer lower risk and steady returns. The conversation explores the intricacies of Real Estate Professional Status, including how short-term rentals fit into tax benefits. James Dahle and Goodman also dissect the pros and cons of REITs versus direct investments, and whether real estate is a must-have in your portfolio for financial independence.
Jan 5, 2026 • 27min
MtoM #256: Internist Pays Off $300,000 of Student Loans in 7 Years and Financial Boot Camp: High Deductible Health Plans vs PPO
Rose Ngishu, an internist and dedicated mother, shares her inspiring journey of paying off nearly $300,000 in student loans in just seven years. She discusses her non-traditional path to medicine, highlighting how her family's sacrifices shaped her career. Rose details her strategies for frugal living and balancing loan repayment with home buying and retirement savings. She also offers valuable mindset advice for fellow non-traditional students, emphasizing the importance of planning and emotional discipline in financial decisions.
Jan 1, 2026 • 1h 22min
WCI #452: The Case for Self-Employment with Dr. Tod Stillson
Dr. Tod Stillson, a rural family physician and founder of the Physician Entrepreneur Academy, passionately argues for the empowerment of self-employment in medicine. He discusses the benefits of independent contracting, including autonomy and job stacking opportunities. Tod highlights the importance of business literacy and corporation formation, while also examining trade-offs between higher pay and lost benefits. The conversation is lively, with a thoughtful counterpoint from James Dahle, making it a must-listen for anyone considering their employment options.
4 snips
Dec 29, 2025 • 23min
MtoM #255: PA Becomes a Millionaire and Finance 101: Backdoor Roth IRA Process
David Pedersen, a physician assistant and children’s book author, shares his inspiring journey to millionaire status while working in high-cost Hawaii. He discusses overcoming childhood financial hardships and navigating scholarships that funded his education. David reveals his debt-free living strategy and offers practical tips for affordability in pricey areas. Passionate about financial literacy, he emphasizes the importance of early and consistent investing. Plus, he shares insights about his upcoming children's book, 'Good Night, Alex'.
21 snips
Dec 25, 2025 • 59min
WCI #451: Roth IRAs and 529s
In this discussion, the Student Loan Expert shares insights on recent changes to federal student loan programs, including updates on repayment plans and Public Service Loan Forgiveness. Laura Clifford, a CPA and president of Fox & Company, dives into tailored tax planning strategies for high-income professionals. There’s also a thorough exploration of Roth IRA conversions, and the intricacies of managing 529 plans, including what happens when they are overfunded and effective usage strategies.
Dec 22, 2025 • 27min
MtoM #254: Hospitalist Becomes a Full-Time Entrepreneur and Finance 101: Tax Loss Harvesting
A hospitalist shares his leap into entrepreneurship, leaving behind partnership burnout to build a lucrative empire, including car washes and real estate. He reveals his impressive net worth and his strategic use of debt to achieve financial freedom. The conversation also covers tax loss harvesting, offering listeners insightful strategies for managing investments and mitigating taxes. There's a call to action for physicians to deepen their financial education and explore diverse wealth pathways.
32 snips
Dec 18, 2025 • 58min
WCI #450: When You Win the Game, Stop Playing with Bill Bernstein
Bill Bernstein, a neurologist-turned-financial author, shares insights on reaching financial 'enough' and the emotional shift that follows. He emphasizes the importance of matching liabilities with stable assets like TIPS and SPIAs to secure living expenses. Bernstein discusses the risks of the current market, particularly the potential AI bubble, and his cautious approach to withdrawing from investments. He encourages aligning finances with personal values, advocating for deliberate spending and long-term planning to ensure a fulfilling life after achieving financial success.
