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A doctor who does not retire as a multi-millionaire has failed. There I said it. Hot taken. Tweet it out. Maybe it will make some people feel bad, but I don’t care anymore. Because I think the doctors who aren’t on the path to multi-millionaires need to be shocked out of their complacency, and maybe […]
![How to Take a Qualified Charitable Distribution (QCD) with Vanguard [with Screenshots] | White coat investor](https://i0.wp.com/www.whitecoatinvestor.com/wp-content/uploads/2025/12/How-to-Take-a-Qualified-Charitable-Distribution-at-Vanguard.png?resize=447%2C367&ssl=1 "How to Take a Qualified Charitable Distribution (QCD) with Vanguard [with Screenshots] | White coat investor")
Qualified Charitable Distributions (QCDs) are the most tax-efficient way for seniors to donate to charity. You can still itemize your taxes, but every portion of your donation will be made with pre-tax dollars. Additionally, it may take the place of some or all of the required minimum distributions (RMDs) for that year. The only downsides […]
At the end of 2013 I wrote a booklet called The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing. That year I was a new millionaire (the original title of the book was Millionaire by 40), an affiliate who made over $300,000 for about a year (much higher than my previous income), […]
By Dr. Jim Dahle, founder of WCI I am often told, usually by an experienced physician, that other physicians owe something to society, usually in exchange for the cost of their training. This is in response to several scenarios. It could be: Someone retires early Someone who works part-time A doctor having a baby or […]
By Josh Katzowitz, WCI Content Director For most people reading this site, the ultimate goal is not to be the richest doctor in the world. Maybe the goal is to pay off your student loans and go bankrupt again. Perhaps the goal is to maximize your retirement accounts. Perhaps the goal is to become financially […]
[EDITOR’S NOTE: Want to make a huge impact in the lives of your medical school classmates while also earning some free gear? Become a WCI Champion today and be the financial hero your med school colleagues deserve by passing out free copies of The White Coat Investor’s Guide for Students book. If you’re a first-year […]
[EDITOR’S NOTE: The White Coat Investor is working hard on our newest book, and we need your help to make it even better. If you’re a current medical or dental resident and you’d like to review a draft of our upcoming release, “WCI’s Guide for Residents,” please fill out this form. Getting honest feedback is […]
