WCI #19: Social Security

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 27 June 2017

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Social Security

Do you count on Social Security when running your retirement projections? How do you do so? Do you discount it somehow? Listen to this podcast to better understand how social security benefits work and how to use them in your retirement plans.

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Transcript

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0:00.0	This is the White Code Investor Podcast, where we help those who wear the White Code 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 Dobin.
0:18.0	Welcome to White Code Investor, Podcast No. 19, Social Security.
0:23.0	Today's podcast is sponsored by Set for Life Insurance.
0:26.0	Set for Life Insurance was founded by Jamie K. Fleishner in 1993.
0:31.0	They specialize in individual term life, disability, and long-term care insurance.
0:36.0	They work on the client's behalf to shop around to find the most suitable products at the most cost-effective rate.
0:41.0	For more information, visit www.setforlifeinsurance.com.
0:47.0	Welcome back to the podcast. I hope you've been enjoying these.
0:50.0	I guess if you've gotten down to No. 19, they must be reasonably good.
0:55.0	Although I can't imagine that a financial podcast is the most entertaining one on your podcast list.
1:00.0	But either way, we appreciate you listening. We appreciate you giving us great ratings.
1:05.0	We appreciate you sharing this important message with your friends and colleagues.
1:09.0	Our quote of the day today comes from cardiologist Robert Doragazi.
1:14.0	If it is your desire to appear rich and important with all of the luxuries, do not expect financial security.
1:22.0	Why isn't that the truth?
1:24.0	Today we're going to be talking about social security.
1:26.0	And I don't pretend to be a social security expert by any means.
1:29.0	In fact, I don't think I've ever actually gotten any type of benefit from social security yet.
1:33.0	It's mostly just a tax for me at this point in my life.
1:36.0	But I think it's an important program to understand, not only because a lot of our income goes toward it,
	...

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