MtoM #153: Emergency Medicine Physician Pays Off $315,000 of Student Loans in One Year and Finance 101: Health Insurance in Early Retirement

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 15 January 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This emergency medicine doc paid off a whopping $315,000 in only 12 months! He and his wife made some aggressive goals during residency to live like residents and work hard to get rid of their loans as quickly as possible. They show us that we can tackle anything we want if we are willing to work hard for it! After the interview stick around for a finance 101 discussion about health insurance in early retirement.

If you’re like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency.
And even though your family - and perhaps even your business - rely on you to be the Chief Financial Officer, you have never been given the tools to succeed. Enroll in WCI Financial Boot Camp, a FREE educational email series, and learn to convert your high income to wealth. You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success, but as always, we want to help you on your financial journey.
Go to https://whitecoatinvestor.com/financialbootcamp to sign up today!

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

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Transcript

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0:00.0	This is the White Coat Investor Podcasts to Millionaire,
0:04.2	celebrating stories of success along the journey to financial freedom.
0:08.2	This is milestones to Millionaire Podcast Number 153. Emergency position pays off $315,000 in student loans in one year.
0:22.0	If you're like most doctors, nobody taught you anything about personal finance or investing
0:26.3	during your undergrad professional school or residence.
0:28.8	Even though your family and perhaps even your business rely on you to be the chief financial
0:32.3	officer, you've never been given the tools to succeed.
0:35.8	Enroll in WCI Financial Boot Camp, a free educational email series and learn to convert your high
0:41.2	income to wealth. You will learn the basics of investing, saving, insurance, and more.
0:45.0	Your high income alone will not lead to financial success.
0:48.0	But as always, we want to help you on your financial journey.
0:51.0	Go to whitecoat investor.
0:52.0	dot com slash financial boot Camp to sign up today.
0:55.9	You can do this and the White Code Investor can help.
0:59.0	Okay, this podcast drops on January 15th.
1:01.8	We're recording it back in December, actually before Christmas. But it drops on January 15th. We're recording it back in December actually before Christmas.
1:04.1	But it drops on January 15th. So if you're a member of the financially
1:08.9	empowered women aka the few, there is an event January 17th, 2024.
1:16.3	We know what time that isn't even,
1:18.5	six mountain, right?
1:19.9	It is going to be on the topic of work life balance.
1:22.8	We have the incredible Don Baker, Dr. Don Baker,
	...

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