MtoM #207: A Rural Surgeon Gets Back to Broke and Finance 101: Nuances with Roths and Mega Backdoor Roths
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 27 January 2025
⏱️ 24 minutes
🧾️ Download transcript
Summary
Today we are talking with a surgeon from the midwest who is back to broke. This doc really teaches us the power of finding a great work life balance. He has found love and success in work, family and his life on his farm. He loves a side gig, is pursing PSLF and believes in the power of self actualization. After the interview we will be talking about nuances with Roths and Mega Backdoor Roths for Finance 101.
Take charge of your financial future with CompHealth, the #1 staffing agency for physicians and healthcare providers. Locum tenens positions pay more on average, and with housing and travel costs covered, your earnings stretch even further. CompHealth also offers full-time positions, telehealth, and medical missions. From credentialing and licensing to contract negotiation and finding the right opportunities, their specialized support makes the job search easier. Whether you want to work locums full-time, part-time or pursue something permanent, CompHealth provides options and resources to help you achieve financial success. Build your career your way with the power of CompHealth. Learn more: https://www.whitecoatinvestor.com/comphealth
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 podcast, Milestones to Millionaire, |
| 0:04.2 | celebrating stories of success along the journey to financial freedom. |
| 0:13.2 | This is Milestone to Millionaire podcast number 207. |
| 0:16.7 | A rural surgeon gets back to broke. |
| 0:19.3 | One of the most underrated financial moves in medicine is working locum tenants. |
| 0:22.6 | It pays significantly more on average, and you can work Locum's full-time or on the side of your full-time. |
| 0:27.6 | When you work with Comp Health, the number one staffing agency, they cover your housing and travel costs, |
| 0:31.6 | which on top of higher pay really adds up. |
| 0:34.6 | Locums also gives you more control of your career, allowing you to go where you want, |
| 0:38.5 | when you want, |
| 0:39.1 | with a schedule that works for you. |
| 0:40.8 | It's the perfect way to get ahead financially |
| 0:42.5 | while getting focused on what you love. |
| 0:44.3 | Whether it's Locum tenants or regular permanent position, |
| 0:47.1 | go to whitecoatinvestor.com slash comp health |
| 0:49.3 | to build your career your way with the power of comp health. |
| 0:53.7 | All right. Don't forget, expert witness school. |
| 0:58.3 | The sign up ends today. |
| 1:00.5 | So if you wanted to take on that side gig, learn a little more about that side gig. |
| 1:05.3 | Most people with the first case they do pay back the cost of the course. But we're throwing in an extra. We're |
| 1:13.2 | giving you a free WCI course, our continuing financial education 23 course, an $800 value. |
| 1:19.7 | If you enroll in the expert witness course, you can do that a white coat investor.com |
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