WCI #6: Disability Insurance for High Income Earners
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 9 February 2017
⏱️ 20 minutes
🧾️ Download transcript
Summary
Disability Insurance for High Income Earners: Understand these critical steps to purchasing disability insurance. A medical resident’s most valuable financial asset is his future earnings ability, which is at serious risk of loss due to a personal disability. Dr Dahle outlines critical steps to purchasing disability insurance correctly in this podcast. Disability insurance is FAR more complicated than term life insurance, and while it may not require a ton of time to understand and purchase a policy, it will require more self-education and a lot more decisions to be made. This episode will further your education and walk you through some of those decisions. Dr. Dahle also answers questions from readers about when is the cheapest time to buy disability insurance and whether or not you should borrow money to buy disability and life insurance during residency.
The White Coat Investor is proud to introduce our No Hype Real Estate Investing course, which will provide the framework for developing further knowledge and experience as you progress in your real estate investing career. We call it an introductory course because there is always more to learn. But this is no short, superficial course. There are over 200 lectures and videos adding up to more than 27 hours of content by over 15 different instructors. We think it just might be the best real estate course on the planet. Continue your wealth-building journey today with the No Hype Real Estate Investing course at https://www.whitecoatinvestor.com/courses. 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!
Main Website: https://www.whitecoatinvestor.com
YouTube: https://www.whitecoatinvestor.com/youtube
Student Loan Advice: https://studentloanadvice.com
Facebook: https://www.facebook.com/thewhitecoatinvestor
Twitter: https://twitter.com/WCInvestor
Instagram: https://www.instagram.com/thewhitecoatinvestor
Subreddit: https://www.reddit.com/r/whitecoatinvestor
Online Courses: https://whitecoatinvestor.teachable.com
Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter
Transcript
Click on a timestamp to play from that location
| 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 | The Whitecone investors proud to introduce our no-hype Investing course, which will provide the framework for developing further knowledge and experiences you progress in your real estate investing career. |
| 0:29.0 | We call it an introductory course because there's always more to learn but this is no short |
| 0:33.7 | superficial course there are over 200 lectures and videos adding up to more than 27 |
| 0:38.2 | hours of content by over 15 different instructors we think it just might be the best real estate course on the planet. |
| 0:44.0 | Continue your wealth building journey today with the no-hipe real estate investing |
| 0:48.0 | course at whitecode investor.com slash courses. You can do this and the white code investor can help. Thank you for what you do each day. |
| 0:56.1 | Your work really matters. High-income professionals are paid a high-income for a reason. |
| 1:00.5 | And that's because their work requires lengthy years of training, high risk |
| 1:06.0 | and can really be very valuable to the people you serve. So thank you for what you do. |
| 1:10.4 | You're probably on your way into work or on your way home from work today, and I want you |
| 1:14.1 | to have your head up and shoulders back when you think about the important work you do each |
| 1:18.0 | day. Thank you to all of you for your feedback on the podcast. We've gotten lots of great constructive criticism, |
| 1:24.6 | thankfully sent to our email rather than posted on iTunes. We appreciate you sending all |
| 1:29.2 | the good stuff to iTunes and all the bad stuff to us so we can fix it. |
| 1:33.0 | Today we're going to be talking about disability insurance, |
| 1:37.0 | which is a pretty critical form of insurance |
| 1:39.0 | for any high-income professional. |
| 1:41.0 | Unfortunately, it can be pretty complicated stuff. |
| 1:45.0 | Unlike life insurance, which can be very simple, disability insurance is fairly complicated. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Dr. Jim Dahle of the White Coat Investor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dr. Jim Dahle of the White Coat Investor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.