The 10 Biggest Financial Mistakes Doctors Make - A Deep Dive by The White Coat Investor

Choosing your medical specialty based on your experiences in medical school is like deciding you want to be a rock star after going to your first concert.

this video was uploaded in 2021. a month or so before i retired that summer as a hospitalist before my 55th birthday, an specialst was trying to dissuade me from retiring as he thought it was a waste since he liked my work and mentioned that if i was retiring due to the stress( which it was) that i would just be replacing it with financial stress as i would just worry about 250k - 350k dwindling down in retirement. he is probably a couple of yrs more senior than me and i was surprised and said just my son's 529 has more than that. that got him interested more and asked me how i did it and how much i had to retire with. i told him and how i started early with a good savings rate, living below my means and investing etc.... what struck me with that interaction was the assumption that at that age i only had that much in assets and me concluding that maybe that is what he has. which is supported by the videos' statistic. yet i know he had 2 children go to an expensive private school where tuition was about 25k annually.

wow great video!

Why is the surgeon even asking for advice- he’s clearly made up his mind

My wife is about a month away from graduating medical school. Is it too early to get disability insurance or should we wait until she starts residency?

Interventional cardiologist here. 8 years in practice. Great video thanks

One should be buying new cars every year or 2. Personally know a healtchare professional who would be a millionaire if they just stopped trading cars in every 6 months.

In their defense, the difference between a bitcoin and a tesla is pretty slim.