Should I Purchase an Annuity for My Child as Part of My Estate Plan? | White Coat Investor
Never running out of money can be an attractive plan if you worry your child may run out of money. Is buying an annuity for them a good move? #physician #family #children #estateplanning #estateplan #annuities #spendthrifttrust #wci
Education Costs: Why Jim Dahle Misses the Mark on Public vs. Private Schooling | White Coat Investor
Is where you send your children to school strictly a financial decision? Or are there other factors for you? The financial implications of education strategies can be tough, but the question of how we educate our children can't be reduced to money. #physician #personalfinance #children #education #privateschool #publicschool #publicvsprivate #wci
Parents, Children, and Relationships When Money Gets Involved | White Coat Investor
Answering reader questions about finances and family members, including what to do when you are supporting your parents financially, how the gift tax works when your parents are giving you an early inheritance, and what to do when you have a wildly overfunded 529. #physician #family #personalfinance #investing #familylife #financialliteracy #podcast #wci
Balancing Retirement and College Savings | White Coat Investor
How much do you put towards retirement vs college? Here's how you should think about making sure you fund your retirement while also potentially saving for your kids' college education. #physician #family #payingforcollege #retirementsavings #retirement #collegesavings #529s #retirementaccounts #retirementplanning #wci
Generational Wealth vs. Enough | White Coat Investor
You might've heard the phrase, "Shirt sleeves to shirt sleeves in three generations," and the statistics back this up. What should be done? Is generational wealth even something to be aspired to? #physician #family #generationalwealth #buildingwealth #networth #inheritance #estateplanning #wci
Financial Lessons from My Family’s Experience with Long-Term Care Insurance | White Coat Investor
Have you had experience caring for an aging parent? "My experience with my father's long-term care insurance company has not been an easy one. But I've learned quite a few lessons." #physician #family #longtermcare #longtermcareinsurance #insurance #wci
The Importance of Real Partners | White Coat Investor
Do you have people in your life who would drop everything if you were in need? Last summer, I suffered serious injuries as a result of a long fall while climbing in the Tetons. Here's who I needed to count on afterward. #physician #family #marriage #wellness #physicianwellness #friendships #partners #worklifebalance #wci
Shadow Syndrome | White Coat Investor
Have you noticed symptoms of Shadow Syndrome in your children? Doctors are in the top 1%-2% when it comes to pay and prestige. Here's how they can help their kids deal with potential shadow syndrome. #physician #family #children #personalfinance #shadowsyndrome #generationalwealth #wci
Pregnancy Disability Insurance | White Coat Investor
Have you ever had to use disability insurance during or after a pregnancy? A common question from female docs is whether disability insurance covers pregnancy-related issues. The short answer is no and yes. #Physician #femalephysician #womenphysicians #pregnancy #disability #disabilityinsurance #disabilitypolicy #wci
Don't Buy Cheapest Home in Nice Neighborhood | White Coat Investor
How has where you lived impacted your financial goals? Buying a cheap home in a nice neighborhood sounds smart, frugal, and wise, right? In reality, it might be a terrible decision for you. #physician #lifestylechoice #personalfinance #homebuying #homeownership #lifestyleinflation #financialliteracy #behavioralfinance #wci
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Disclaiming an Inheritance: How, When, and Why | White Coat Investor
Have you ever inherited something you didn't really want? Most people appreciate the assets or sentimental items that comes from an inheritance. But if you don't want it, here's what to do. #physician #family #personalfinance #estateplanning #assetprotection #inheritance #wci
5 Ways to Set Up Your Kids Financially Without Ruining Them | White Coat Investor
What did you do, or plan to do, for your kids financially? One of a parent's biggest dilemmas is, "How can we best set up our kids financially without ruining them?" Here are five suggestions. #physician #personalfinance #financialliteracy #creditscore #rothira #family #children #financialeducation #investing #wci
College Costs What You're Willing to Pay | White Coat Investor
How much did you pay for your education? What are your plans for educating your children?The eternal argument when it comes to education is whether it is worth paying more for an education at a more expensive institution. #physician #family #children #payforcollege #collegesavings #529s #personalfinance #wci