WCI #15: What to do if you have No 401K as a New Attending

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 24 May 2017

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What to do if you have No 401K as a New Attending.

When starting a job as an Attending, often there is a time period where you cannot contribute to the 401K. Dr. Dahle outlines some of the things you should be doing with your money during this time.

If you’re like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency. And even though your family - and perhaps even your business - rely on you to be the Chief Financial Officer, you have never been given the tools to succeed. Enroll in WCI Financial Boot Camp, a FREE educational email series, and learn to convert your high income to wealth. You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success, but as always, we want to help you on your financial journey. Go to https://www.whitecoatinvestor.com/financialbootcamp to sign up today! You can do this and The White Coat Investor can help.

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 is for you!

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Transcript

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0:00.0	This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street.
0:06.0	We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.
0:12.0	Here's your host, Dr. Jim Dolly.
0:14.0	Welcome to podcast number 15, where we'll be talking about what you should do as a new attending if you don't have a 401k.
0:25.0	But before we get into that, I want to thank you for listening.
0:28.0	It's really quite a treat to interact with listeners and readers of the blog from time to time by email and in person
0:36.1	and just realize how big of a difference this is making.
0:40.0	Please share it with those around you and send us any feedback that would help us to improve the
0:45.8	podcast as well as the blog and everything else. And of course we sure appreciate it when you leave
0:51.0	positive ratings for us on iTunes and other places where you get your
0:54.4	podcast. If you're like most doctors nobody taught you anything about personal finance or
0:59.6	investing during your undergrad, professional school, or residency.
1:03.0	Even though your family and perhaps even your business rely on you to be the chief financial officer,
1:08.0	you have never been given the tools to succeed.
1:11.0	Enroll in WCI Financial Boot Camp, a free educational email series, and learn to convert your
1:17.0	high income to wealth.
1:18.8	You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success,
1:25.0	but as always, we want to help you on your financial journey.
1:28.0	Go to whitecode investor.com slash financial boot camp to sign up today.
1:32.0	You can do this, and the white code investor can help. slash Financial Boot Camp to sign up today.
1:32.8	You can do this, and the white code investor can help.
1:35.6	Our quote of the day today comes from Rick Ferry,
	...

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