This is the White Coat Investor Podcast, where we help those who wear the White Coat get a fair shake on Wall Street.

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

Here is your host, Dr. Jim Dolly.

This is White Coat Investor Podcast number 139, the Physician Millionaire episode.

And this is an episode we've been looking forward to for a long time and that we've been working hard on.

So it's going to be great today. You're going to love it.

This podcast is sponsored by Pattern Financial Consultancy, which you can reach at whitecoatinvestor.com slash Pattern.

Pattern is the company behind Matt Wiggins. Matt Wiggins is an experienced specialist in disability and life insurance for physicians.

I've sat down with Matt face to face and talked about doctors and insurance. He knows what he's talking about and he can get you a high quality disability insurance policy that you can trust to deliver should the worst happen.

Doctors get disabled all the time. Don't think it can't happen to you. If you don't have a disability insurance policy now or just need a second opinion on whether or not your current one is still right for you, contact Matt today.

Whitecoatinvestor.com slash Pattern.

Our quote of the day today comes from Jail Collins who said, yes, it is possible for every middle class wage earner to retire a millionaire.

Though it's never going to happen. And that's not because the numbers don't work.

I like that quote not only because it's entirely possible on middle class income, but it's certainly possible on a physician income or a dentist income.

And yet 25% of doctors aren't millionaires by their 60s. And I think that's a shame. So today we're going to be talking to a bunch of millionaires and we're going to talk about what they've done and what advice they have for you.

But these are real world doctor millionaires who are going to tell you about their financial journeys to the point where they're at.

So it should be a really pretty awesome episode. But you'll notice that a lot of them have some sort of financial plan.

They've got something they followed to try to become successful. And that's something you ought to have as well. And there's basically three ways to do it.

The first is the cheapest, but it is also probably the most time consuming requires the most amount of work.

And that is to write your own financial plan by reading a bunch of financial books, becoming financially literate, interacting on internet forums, reading blogs, etc.

It can be free to very cheap, depending on what you pay for the books, but does require a fair amount of work.

I have a resource that will help you with it. If you go to the whitecodeinvestor.com at the top under the books section, you'll find not only leaks to my books, but links to great books by others.

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