White Coat Investor Podcast

MtoM #122 - Orthopedic Surgeon Hits $4 Million Net Worth and Finance 101: Taxes

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Sinopsis

This doc just hit $4 million net worth. He has worked to boost his income at every step of his journey to allow for more savings. While he has a high income, he has always valued living fugally and saving as much as possible. His advice to you? Identify your goals, and find a job that can provide enough income to meet those goals.He said to keep expenses low out of residency, and don't over inflate your lifestyle. Today for Finance 101 Dr. Dahle is talking about taxes! Getting quality disability and life insurance should be the first financial chore for a doctor to complete. Most docs don't have the ideal policy for their gender, specialty, state, or health status and 1 in 7 doctors get disabled at some point during their career. Because these policies can only be purchased through brokers, we have put together a list of vetted agents who are experienced with working with the specific needs of medical professionals and who have your best interest at heart. If you have questions about insurance and what kind o