MtoM #231: Dual Doc Couple Saves $100K for Retirement During Residency and Finance 101: Plan Documents for Employer-Provided Retirement Accounts
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 14 July 2025
⏱️ 24 minutes
🧾️ Download transcript
Summary
This dual doc couple has a very impressive milestone today. They have saved $100,000 towards retirement during residency. They wanted to give themselves more compounding interest time and not wait until they were attendings. This doc also shared about their student loan journey. They met with Andrew at StudentLoanAdvice.com and got a plan in place early. They decided that they did not want to go for PSLF so before they started residency they refinanced their loans. They took a risk to refinance when their loans were at 0% but they locked in sub 3% and are now feeling very good about their decision. Then, for Finance 101 we are talking about plan documents for employer provided retirement accounts.
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The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor 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 Milescote to Millionaire podcast number 231. |
| 0:16.6 | Dual Doc Couple saves $100,000 for retirement during residency. |
| 0:21.3 | Many investors know about the historic returns, tax advantage, and wealth-building opportunities |
| 0:25.3 | of commercial real estate investing, but they're confused about where to start or who to trust. |
| 0:30.4 | Welling's capital has created a diversified fund that offers investors an easy-on-ramp to access |
| 0:34.5 | carefully vetted commercial real estate operators and opportunities. |
| 0:38.0 | Their bolster bright income, growth, and tax benefits with limited downside risk. |
| 0:42.1 | With the minimum investment of $50,000, investors get a stake in a portfolio of self-storage, |
| 0:47.2 | manufactured housing, RV parks, industrial properties, and more. To learn more, go to whitecoat |
| 0:52.3 | investor.com slash wellings. That's W-E-L-L-L-I-N-G-S. |
| 0:57.6 | All right, we've got a great interview today. But before we get there, I want to make sure you |
| 1:02.8 | were aware of the White Coat investor recommended lists. Whatever service that you are in need of, |
| 1:10.6 | financial services, whatever they might be, |
| 1:13.8 | chances are good. We've got a list for it. Okay, we've got companies that help you with your |
| 1:18.9 | student loan refinancing. We got people that can help you get disability and life insurance. |
| 1:24.1 | We've got people that will help you get physician mortgage loans, as well as regular |
| 1:28.6 | mortgage loans. Real estate investments, you just heard about one of our, you know, advertisers |
| 1:33.6 | that offers real estate investments, private real estate investments. We have a list for financial |
| 1:38.1 | advisors. We have a list for contract review. We have somebody for student loan advice. |
| 1:46.4 | We have a list of people that offer surveys you can take for additional income. We have legal services, right? We have real estate agents. |
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