WCI Financial Boot Camp Podcast

About WCI Financial Boot Camp Podcast

We know finances can be complicated, especially when you are just beginning your journey to financial literacy. When you listen to the Financial Boot Camp Podcast, you'll learn the basics of money—how to earn more of it, how to save more of it, how and why to invest more of it; and, yes, how to safely spend more of it. Consider the Financial Boot Camp Podcast as your weekly Finance 101 class to learn what they didn't teach you in medical school or residency. Whether you need to learn about disability insurance, the best way to negotiate a physician contract, or how to do a Backdoor Roth IRA, the Financial Boot Camp Podcast will cover all the basics. Every Tuesday, we publish an episode of this series that's designed to get you comfortable with financial terms - terms you need to know as you begin your journey to financial freedom. Best of all: Financial Boot Camp is 100% completely free. Most doctors and high earners never learned about money. They weren't taught the best ways to pay off their debt, to build wealth, and to comfortably retire with all the money they need. That's our main goal — teaching anybody and everybody about money and finances and how they can give you your best life. We've been helping people make smart decisions about their money since 2011. We want to help you, too — to make a plan so you can enjoy the financial freedom you deserve.

Publisher

Dr. Jim Dahle of the White Coat Investor

Category

business · education

Language

en

Explicit

No

First episode

1 Jan 2026

Latest episode

13 Oct 2026

Latest episodes

50 episodes in the feed.

1. 

   13 Oct 2026

   How to Do a Backdoor Roth IRA Correctly - WCI Financial Boot Camp

   High income professionals are not allowed to contribute directly to a Roth IRA. You can, however, max out your Roth IRA every year if you use the Backdoor Roth IRA loophole. In this episode of the Financial Boot Camp series, Dr. Tyler Scott from White Coat Planning details what the Backdoor Roth IRA is, who should use it, and he shares the complete step-by-step process for completing the Backdoor Roth IRA correctly. Tyler then walks us through the 3 most common mistakes people make when attempting to complete a Backdoor Roth IRA, along with solutions to these mistakes, and actionable advice to avoid these problems altogether. Getting money into a Roth IRA can make sense for a lot of doctors and other high income professionals. Happy Backdoor Rothing! Articles mentioned in this episode: https://www.whitecoatinvestor.com/pennies-and-the-backdoor-roth-ira https://www.whitecoatinvestor.com/fix-backdoor-roth-ira-screw-ups https://www.whitecoatinvestor.com/ira-recharacterizations https://www.whitecoatinvestor.com/backdoor-roth-ira-beware-january-contribution https://www.whitecoatinvestor.com/how-to-report-a-backdoor-roth-ira-on-turbotax We know finances can be complicated, especially when you are just beginning your journey to financial literacy. When you listen to the Financial Boot Camp Podcast, you'll learn the basics of money: how to earn more of it, how to save more of it, how and why to invest more of it, and yes, how to safely spend more of it. Consider the Financial Boot Camp Podcast your weekly Finance 101 class, designed to teach you what they didn't teach you in medical school or residency. Whether you need to learn about disability insurance, the best way to negotiate a physician contract, or how to do a Backdoor Roth IRA, the Financial Boot Camp Podcast covers the basics. Every Tuesday, we publish an episode designed to get you comfortable with financial terms and concepts you need to know as you begin your journey to financial freedom. Best of all, Financial Boot Camp is completely free. Most doctors and high earners never learned about money. They weren't taught the best ways to pay off debt, build wealth, and retire comfortably with enough money to support the life they want. That's our main goal: teaching people about money and finances, and showing how smart financial decisions can help create a better life. We've been helping people make smart decisions about their money since 2011. We want to help you too, by giving you the knowledge and tools to build a plan and enjoy the financial freedom you deserve. Annual Contribution Limits: https://whitecoatinvestor.com/numbers Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com TikTok: https://www.tiktok.com/@thewhitecoatinvestor 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

2. 

   6 Oct 2026

   Irrevocable Trusts for Doctors - WCI Financial Boot Camp

   Do doctors really need an irrevocable trust? In this episode we discuss how irrevocable trusts work and the reasons why a high income professional might want (or need) to set one up. Irrevocable trusts can be a useful estate planning and asset protection tool, but using them will increase the complexity of your financial life. We discuss the pros and cons of using an irrevocable trust, when it might make sense for you, and the different types of trusts you can use. An irrevocable trust is not something that every doctor needs, but understanding what they are and how they work will help you determine if their added complexity outweighs their benefit in your life. We know finances can be complicated, especially when you are just beginning your journey to financial literacy. When you listen to the Financial Boot Camp Podcast, you'll learn the basics of money: how to earn more of it, how to save more of it, how and why to invest more of it, and yes, how to safely spend more of it. Consider the Financial Boot Camp Podcast your weekly Finance 101 class, designed to teach you what they didn't teach you in medical school or residency. Whether you need to learn about disability insurance, the best way to negotiate a physician contract, or how to do a Backdoor Roth IRA, the Financial Boot Camp Podcast covers the basics. Every Tuesday, we publish an episode designed to get you comfortable with financial terms and concepts you need to know as you begin your journey to financial freedom. Best of all, Financial Boot Camp is completely free. Most doctors and high earners never learned about money. They weren't taught the best ways to pay off debt, build wealth, and retire comfortably with enough money to support the life they want. That's our main goal: teaching people about money and finances, and showing how smart financial decisions can help create a better life. We've been helping people make smart decisions about their money since 2011. We want to help you too, by giving you the knowledge and tools to build a plan and enjoy the financial freedom you deserve. Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com TikTok: https://www.tiktok.com/@thewhitecoatinvestor 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

3. 

   29 Sept 2026

   What Doctors Need to Know About Term Life Insurance - WCI Financial Boot Camp

   How much term life insurance do you actually need, and is there a simple way to calculate it yourself? In this Financial Bootcamp episode, Dr. Jim Dahle breaks down term life insurance using a straightforward formula: add up what your family would need if you were gone, subtract what you already have saved, and that gap is your coverage number. He walks through a real example covering college costs, a mortgage payoff, and full financial independence for a surviving spouse, showing how a $2 to 5 million policy, typical for most attending physicians, actually gets calculated rather than guessed. Jim also covers how to choose the right term length based on when you expect to reach financial independence, the difference between level premium and annually renewable term policies, and why term life insurance functions largely as a commodity, price and financial strength matter, but most add-ons and riders, like return of premium features, are not worth paying extra for. He addresses how dual income couples should think about coverage, and explains why term life insurance is meant to be temporary: once you are financially independent enough that no one depends on your income, it is time to cancel the policy and redirect that money elsewhere. The right amount of life insurance is not about following a rule of thumb. It is about doing the math for your specific situation, and insuring adequately to cover your needs. We know finances can be complicated, especially when you are just beginning your journey to financial literacy. When you listen to the Financial Boot Camp Podcast, you'll learn the basics of money: how to earn more of it, how to save more of it, how and why to invest more of it, and yes, how to safely spend more of it. Consider the Financial Boot Camp Podcast your weekly Finance 101 class, designed to teach you what they didn't teach you in medical school or residency. Whether you need to learn about disability insurance, the best way to negotiate a physician contract, or how to do a Backdoor Roth IRA, the Financial Boot Camp Podcast covers the basics. Every Tuesday, we publish an episode designed to get you comfortable with financial terms and concepts you need to know as you begin your journey to financial freedom. Best of all, Financial Boot Camp is completely free. Most doctors and high earners never learned about money. They weren't taught the best ways to pay off debt, build wealth, and retire comfortably with enough money to support the life they want. That's our main goal: teaching people about money and finances, and showing how smart financial decisions can help create a better life. We've been helping people make smart decisions about their money since 2011. We want to help you too, by giving you the knowledge and tools to build a plan and enjoy the financial freedom you deserve. Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com TikTok: https://www.tiktok.com/@thewhitecoatinvestor 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

Reach and audience

Public platform figures. Ratings count people who left a rating, not total listeners.

Apple Podcasts (US)

4.7 / 5

16 ratings

Spotify

5.0 / 5

2 ratings

Contact WCI Financial Boot Camp Podcast

Guest appearances

Does not typically book guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.

Shows with a similar audience

• 

  White Coat Investor Podcast

• 

  Money Meets Medicine

• 

  Bogleheads On Investing Podcast

• 

  Earn & Invest

• 

  Sound Investing

• 

  Money For the Rest of Us