Latest Updates Around The World
This blog occasionally gets into trouble because after years of answering similar questions over and over again, sometimes you want a change of pace. But maybe I’m spending too much time in the weeds and forgetting that most doctors and other high-income professionals reading this site still just need help with what I consider to […]
Health Savings Accounts (HSAs) are my favorite investment account because of their “triple tax-free” tax treatment. You get a deduction for the contribution, it grows in a tax-sheltered manner like your retirement accounts, and comes out tax-free if you spend the withdrawal on healthcare. Our HSA is the first account we fund each year, and […]
Here’s a question I’ve been asked before: “I know you’ve recommended that attending physicians should spend about 20% of their gross income on retirement. My husband and I have found this very difficult, both early on and now that we’re halfway through our careers. I’m a little embarrassed to say this, but I don’t see […]
![Backdoor Roth IRA Fidelity Tutorial [with Screenshots] | White coat investor](https://i0.wp.com/www.whitecoatinvestor.com/wp-content/uploads/2021/12/How-to-Do-a-Backdoor-Roth-IRA-at-Fidelity-1.png?resize=447%2C367&ssl=1 "Backdoor Roth IRA Fidelity Tutorial [with Screenshots] | White coat investor")
At The White Coat Investor we often talk about risks and costs, usually in terms of the potential to make money or the possibility of losing it. As the first female commercial astronaut to fly into space last year, I think a little differently about risk. Achieving my lifelong goal of going to space was […]
I get a lot of comments and emails from docs, and I spend a fair amount of time on both physician-specific and financial forums. I’m often surprised to see doctors carrying debt that I consider completely unnecessary. Unnecessary debt A car loan The classic example is a car loan. It could be an attending physician […]
One of the most important lessons a successful investor must learn is to stop chasing performance. When chasing performance, you invest your money in what has performed best recently. It’s a superficial way to select an asset allocation (mix of investment types) and an even more superficial way to choose individual investments to meet your […]
Since mid-2024, BlackRock has offered life-cycle style ETFs, which include an income annuity as part of the asset mix. Now it looks like Vanguard wants in on the action, announcement in December 2025 a new range of target pension funds called Target Retirement Lifetime Income Funds. How do these differ from other target pension funds? […]
The followers of The White Coat Investor are on a broad spectrum in their approach to major financial activities (earning, spending, saving, investing and giving), ranging from zealous adherence to detached appreciation. Sometimes people look at it as the WCI community zigs, and I’ve appreciated being allowed to disagree on Vanguard, REITs, and tithes. But […]
