MtoM #251: Dermatologist Hits $750,000 Net Worth Before Finishing Residency and Finance 101: The Basics of Real Estate Investing
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 1 December 2025
⏱️ 26 minutes
🧾️ Download transcript
Summary
Today we are talking to a Dermatology resident who has hit a $750,000 net worth before finishing training. He has been building wealth since high school and is off to an unbelievable start. This kind of saving and wealth growth will allow him to craft the career he wants as well as reduce the risk of burnout. He knows the impact of the time value of money and was able to complete his MD PhD program in only six years. After the interview we will talk about the basics of real estate investing for Finance 101.
Resolve is the #1 rated physician contract team, reviewing 1000+ physician contracts every year. They empower physicians with location specific compensation data which leads to unparalleled leverage during the physician contract negotiation process. A physician contract lawyer is included and can negotiate on your behalf – alleviating the stress that can go along with reviewing complex legal terms. Flat-rate pricing and flexible schedules are designed for a physician's schedules. Use code WHITECOAT10 for 10% off! https://WhiteCoatInvestor.com/Resolve
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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00:00 MtoM Podcast #251
02:34 Dermatologist Hits $750,000 Net Worth Before Finishing Residency
09:08 Advice For Others
14:22 What Jim Dahle Thinks About Real Estate Investing
Transcript
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| 0:00.0 | This is the White Coat Investor podcast, Milestones to Millionaire, celebrating stories of success |
| 0:06.0 | along the journey to financial freedom. |
| 0:13.2 | This is Milestones to Millionaire podcast number 251. |
| 0:17.0 | Dermatologist hits $750,000 net worth before finishing residency. |
| 0:23.9 | Resolve is the number one rated physician contract team, reviewing 1,000 plus physician contracts |
| 0:28.0 | every year. |
| 0:28.9 | They empower physicians with location-specific compensation data, which leads to unparalleled |
| 0:33.1 | leverage during the physician contract negotiation process. |
| 0:36.3 | A physician contract lawyer is included and can |
| 0:38.2 | negotiate on your behalf, alleviating the stress that can go along with reviewing complex legal terms. |
| 0:43.7 | Flat rate pricing and flexible schedules are designed for a physician schedule. Use code whitecoat 10 |
| 0:48.8 | for 10% off at whitecoatinvestor.com slash resolve. By the way, we have a partner called Bolden. |
| 0:57.7 | This is software. It's like financial slash retirement software. I reviewed it on the website. |
| 1:05.4 | If you go to whitecoat investor.com slash Bolin, you can check it out. But it's a really great |
| 1:09.8 | companion for DIY investors, |
| 1:11.7 | especially if you use it alongside something like our fire your financial advisor, your course. |
| 1:15.8 | You can empower yourself as a DIYer, take control of all the variables that impact your |
| 1:20.0 | wealth, retirement timing, and long-term financial security. There's all kinds of new |
| 1:24.7 | enhancement they have on it. They've got a custom withdrawal order. |
| 1:28.4 | They've got a redesigned overview page and enhanced Roth conversion modeling. That's a popular feature. |
| 1:34.0 | They can do some customization of the rates a little bit better for setting those rates for |
| 1:39.5 | inflation and appreciation returns. And they've got some updated long-term care assumptions built in there now as well. |
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