MtoM #194: Hospitalists Become Financially Independent after 12 Years and Finance 101: Retirement Accounts for the Self Employed

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 28 October 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

This dual hospitalist couple has hit a huge net worth milestone become financially independent after just 12 years. He said his entire motivation to save and reduce the amount of work he has to do was so he could spend as much time as possible with his daughter. He says living like a resident, saving and investing aggressively was what made this possible. After the interview we will be talking about self employed retirement accounts for Finance 101.

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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!

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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.
0:08.3	This is Milestones to Millionaire, Podcast Number 194. Hospitals become financially independent after 12 years.
0:21.2	Are you using multifamily to build long-term wealth? If not, I strongly encourage you to take a look at 37 parallel properties.
0:27.0	They are multifamily specialists with 100% profitable track record that crossed over a billion in transaction volume since 2008.
0:33.2	Investing with them is like partnering with a highly tax-advanished
0:36.3	family office building an income-producing long-term wealth development
0:39.4	platform.
0:40.4	But 37 parallel you get access to institutional quality assets, conservatively managed with proven results.
0:46.0	Grad educational content on passive multifamily investing is also very good.
0:49.4	Visit 37 parallel.com slash WCI today for more information.
0:55.0	All right, welcome to the podcast. I hope you feel part of the community here.
1:01.0	It is a large community of white code investors. It's spread all over a bunch of different
1:06.2	platforms though. You may not realize this if you're only on one of them, but we have a large Facebook group,
1:11.2	it's almost 100,000 people. We have a sub-reddit if you're into
1:15.3	Reddit and that the number of subscribers on there is like 80,000 or something like that as well.
1:20.5	We have 30,000 something Instagram followers. We't have a Tik-Toc channel and we still have the X channel. I mean, I guess it was Twitter before the X channel I started many, many years ago.
1:31.0	It's a lot of people following us there. But whether you're in our communities or
1:35.4	whether you just follow the blog or podcast or whether you're, you know, on these, you know,
1:40.8	social media channels, take advantage of the opportunity to connect with other
1:44.6	W.C. I. Get your questions answered, you know, engage with the community, and you'd be
1:50.1	surprised how much you can learn from other people on the pathway with you.
	...

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