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White Coat Investor Podcast

MtoM #9 - Family Medicine Doc Receives PSLF

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 12 April 2021

⏱️ 16 minutes

🧾️ Download transcript

Summary

This doctor knew from the beginning she wanted to go for PSLF and worked the system accordingly. Put in the effort to understand this program and it will work for you. She had $330K in federal student loans forgiven. We discuss the mistakes she made and the lessons she learned in this episode to help those of you on this ten year journey to find success at the end. As you are working toward loan forgiveness make sure you are using the correct retirement accounts https://www.whitecoatinvestor.com/roth-vs-traditional-pslf/.

If you still have private student loans at a high rate, we recommend checking out Student Loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of money with rates at historic lows. Splash also offers special refinancing to residents and fellows AND a cash bonus for eligible White Coat listeners. Go to splashfinancial.com/whitecoat today to see how much you can save.

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 for 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

Click on a timestamp to play from that location

0:00.0

This is the White Co-investor podcast, Milestones 2 Millionaire,

0:04.5

celebrating stories of success along the journey to financial freedom.

0:09.0

Here is your host, Dr. Jim Dolly.

0:16.0

This is Milestones 2 Millionaire podcast number nine.

0:20.1

Welcome back. I hope you're enjoying these podcasts as much as we are. We love hearing your success

0:24.6

story and we know they inspire others to do the same incredible financial feats that you are

0:29.6

doing. If you want to be a guest on this show, you can apply at whitecodeinvestor.com slash

0:35.4

Milestones. It doesn't matter what your Milestone is. Maybe it's getting back to broke. Maybe it's

0:39.8

paying off your student loans. Maybe it's getting your loans forgiven. Perhaps it's becoming a millionaire,

0:45.2

or a Ducca millionaire, or a hundred millionaire, whatever that is. Whatever your financial

0:50.2

achievement, we want to help you celebrate it and use it to inspire other White Co-investors to

0:54.8

do the same. If you still have private student loans at a high rate, we recommend checking out

0:59.9

student loan refinancing with Splash Financial. Refinancing with Splash can save you a lot of

1:04.4

money with rates at historic lows. Splash also offers special refinancing to residents and

1:09.2

fellows and the cash bonus to eligible White Co-listeners. There's no cost to refinance your

1:14.4

student loans. Go to splashfinancial.com slash White Coat today to see how much you can save.

1:20.4

All right, we have a special guest on today. Let me get her on the line and we'll talk about her

1:24.5

financial achievement. Her and our guest today on the milestones to millionaire podcast is

1:29.1

I lean. Welcome to the podcast. Hi, thanks for having me. So I understand you recently received

1:35.3

public service loan forgiveness for your federal student loans. I did. It does actually happen.

1:41.4

Well, that's part of the reason why I include these on the milestones podcast. There are a lot of

1:45.3

people that don't believe this happens or that it will ever happen. And so it's good to actually

...

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