WCI #356: The Struggle To Financially Support Your Parents

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 29 February 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we are answering your questions from email and social media. We discuss what happens inside a 401(k) or 403(b) if you change your type of contribution, how to know if you have a good CPA, what constitutes a super saver and If you can roll your 403(b) into a Roth IRA and do a backdoor Roth in the same year. We tackle a back door Roth conversion question and talk about the challenges for someone who is financially supporting their immigrant parents.

Everyone has a story. Different needs, wants, and goals, and how to attain them. Your story determines your solution. Whatever your situation and story, locum tenens should be part of the conversation. How do you find out if locums is a good option for you? Start your research by visiting an online, unbiased, educational resource like https://locumstory.com. Now’s the perfect time to explore locums opportunities and see how it might fit into your career. The variety of options might surprise you. At https://locumstory.com, you can find firsthand stories about the different reasons why physicians choose locums and the ins and outs of how locum tenens works. Get a comprehensive view of locums — and decide if it’s right for you — at https://locumstory.com.

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.
0:06.1	We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. This is White Coat Investor Podcast number 356.
0:19.0	Everyone has a story.
0:21.0	Different needs, wants, and goals and how to attain them.
0:24.6	Your story determines your solution. Whatever your situation and story, locum tenants should be part
0:29.7	of the conversation. How do you find out if Locums is a good option for you?
0:34.0	Start your research by visiting an online, unbiased educational resource like locumstory.com.
0:39.0	Now is the perfect time to explore locums opportunities and see how it might fit into your career.
0:44.4	The variety of options might surprise you.
0:46.4	At locumstory.com, you can find firsthand stories about the different reasons why physicians choose
0:50.7	locum and the ins and outs of how Locum tenants works.
0:53.7	Get a comprehensive view of Locums and decide if it's right for you at locum story.
0:57.9	Come.
0:58.9	Welcome back to the podcast. By the time you hear this, I think we're at the end of February but as I'm recording it just before Christmas
1:06.5	we just passed 20 million all-time podcast downloads so thank you to all of you for being loyal
1:11.2	listeners and of course
1:13.3	you for being loyal listeners and of course the new ones too.
1:15.3	Okay, you should know that we have launched the new CFE 24 course,
1:22.3	okay, that is the24 course. That is the online course that contains the content from W.C. ICON last month.
1:28.6	Okay, and we're having a sale because of it. All of our courses are 100% not 100%
1:34.1	$100 off until March 8th.
1:37.7	Okay, so get the latest in physician wellness
	...

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