4.9 • 2.3K Ratings
🗓️ 28 October 2021
⏱️ 48 minutes
🧾️ Download transcript
This episode we answer all of your questions about Roth accounts. We talk a lot about retirement accounts and answer questions about Roth 401(k)s, the mega backdoor Roth, Roth conversions, backdoor Roth IRAs, 457 plans, and lump sum investing. We also take a few minutes to discuss inflation and what to do in times like these when inflation is on the rise. Learn more at https://www.whitecoatinvestor.com/inflation-basics/
A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.
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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0:00.0 | This is the Whitecode Investor Podcast, where we help those who wear the Whitecode 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. |
0:18.0 | This is Whitecode Investor Podcast number 234, Roth Q&A. |
0:23.0 | This story time brought to you by LocomStory.com. |
0:26.0 | Today we'll be reading one job two jobs. |
0:29.0 | One job two jobs, red blob, no job, elective doc, emergency doc, someone overstock, someone out of stock. |
0:35.0 | This doc is too abused, this doc is underused, this doc can't get sick, say let's try a brand new trick. |
0:41.0 | For all the docs about to cry, here's an idea you can try. |
0:44.0 | Look into a LocomTenance assignment, a really great option you might find it. |
0:48.0 | With all this new info trapped up in your thinker, go to LocomStory.com and use your mouse to tinker. |
0:53.0 | It's here you'll find the unbiased answers you are after, so you can decide if LocomTenance is your next chapter. |
1:00.0 | Thanks so much for what you do out there, it is difficult work. |
1:04.0 | You are a high-income professional, you are a high-erner. |
1:07.0 | There's a reason they pay you all that money because you have a hard job, probably with a lot of liability, |
1:12.0 | and you probably spent a long time in school and training working up to this income. |
1:17.0 | I know from personal experience that many of you are working primarily for the thank yous. |
1:24.0 | You don't get them nearly as often as maybe you should. |
1:27.0 | If nobody said thank you to you today, let me be the first. |
1:31.0 | Let's talk for a minute about inflation. |
1:35.0 | As I record this on October 4, inflation was just reported for last month, it's up to 5.25%. |
1:44.0 | To put this into a historical perspective, the last time inflation was this high, I was a sophomore in high school, back in early 1991. |
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