Top Physician Personal Finance & Investing Books
The White Coat Investor, written by a practicing emergency physician, is a practical and accessible financial guide tailored for medical professionals—including doctors, dentists, and other high-income earners—who typically receive little formal training in personal finance. It addresses critical topics like student loans, investing, insurance, taxes, and asset protection.
The book aims to help readers:
Minimize debt through smart choices during and after training
Rapidly eliminate student loans
Make informed decisions on home buying and insurance
Invest wisely and avoid costly financial traps
Build wealth and reach millionaire status within 5–10 years of finishing training
Protect assets from lawsuits and reduce tax burdens
Understand retirement tools like Backdoor Roth IRAs and Stealth IRAs
Navigate job structures and business entity types for maximum benefit
Designed for both beginners and financially curious physicians, this high-yield manual combines straightforward advice with physician-specific strategies not found in general finance books.
This concise and practical book is tailored for medical professionals who receive little to no training in personal finance despite facing massive student loan debt and complex financial decisions. Written by a physician, it offers a focused, no-fluff introduction to managing money so doctors can prioritize patient care without financial stress.
Key topics include:
Basics and specifics of investing (compound interest, investment vehicles, sound strategies)
Managing student loans, with three new dedicated chapters
Balancing debt repayment and investing throughout different career stages
Protecting assets through proper insurance (life, disability, umbrella)
Identifying trustworthy financial advice and avoiding conflicts of interest
Recognizing and controlling lifestyle inflation after training
Designed for efficiency, this book empowers physicians to achieve financial freedom early in their careers through clear, actionable guidance.
Aimed specifically at medical and dental students, this book by emergency physician and White Coat Investor founder Dr. Jim Dahle offers straightforward, beginner-friendly financial guidance. It addresses the unique financial pressures faced during school and residency, helping students navigate loans, budgeting, and early career decisions with clarity and confidence.
Readers will learn how to:
Pay for school while minimizing student debt
Understand loan options and repayment strategies
Make informed decisions about specialties and the match process
Avoid financial pitfalls and burnout
Decide whether to rent or buy during training
Start investing and secure the right insurance
Build a foundation of financial literacy and long-term success
This book serves as a compassionate financial mentor for students overwhelmed by debt and money stress, offering the tools to focus on training while building a secure financial future.
This straightforward and practical book, written by emergency physician and personal finance expert Dr. Jim Dahle, demystifies asset protection for doctors and other high-income professionals. Aimed at reducing fear and confusion around legal and financial risk, it offers a clear, realistic roadmap to safeguard your wealth—without falling prey to overpriced, unnecessary services.
Key takeaways include:
A walk-through of what actually happens in a malpractice lawsuit
How to reduce your risk of being sued
Why insurance is your most important defense
How often personal assets are truly at risk
Low-cost, effective protection strategies
When advanced tools like trusts may (or may not) be worth it
A detailed, state-by-state guide to asset protection laws
Unlike many fear-driven guides, this book offers unbiased, useful information to help you create a smart, efficient protection plan—so you can stop worrying and refocus on patient care.
Print length : 216 pages
What You Don’t Know About Real Estate Investing...
...Could Be the Biggest Missed Opportunity to Grow Your Passive Income.
Even with a demanding medical career, you can still successfully invest in real estate—if you have the right knowledge.
Just like running any business, owning rental property is about focusing on what you can manage and outsourcing the rest. The Doctors Guide to Real Estate Investing for Busy Professionals shows physicians how to effectively oversee property management and operate multiple units in less than 15 hours a month.
In this fourth installment of The Doctors Guide series, Dr. Cory S. Fawcett shares how he managed five apartment complexes while practicing full-time as a surgeon—and the valuable lessons he learned, including:
How to assess the profit potential of a real estate investment
How to generate passive income without the limitations of a 401(k)
How depreciation can significantly increase your rental income
Whether you're just starting or looking to scale, this book offers a clear roadmap to building wealth through real estate on a physician’s schedule.
The Physician’s Guide to Finance is a comprehensive financial roadmap designed for medical students, residents, and attending physicians. Recognizing that some of the most critical financial decisions in a physician's life occur early in their career—often with little prior financial education—this guide provides essential knowledge and actionable steps to help doctors build long-term financial security.
Topics covered include:
Scholarships, grants, and student aid
Managing student loans
Budgeting and saving effectively
Reviewing and negotiating job contracts
Evaluating financial advisors
Choosing the right banks and credit cards
Home buying vs. renting
Stock market investing and retirement planning
Estate planning
And much more
Each chapter includes a practical checklist, tools, and additional resources, making this a highly actionable guide for physicians at any stage of their career who want to make confident, informed financial decisions.
In Financial Boot Camp, bestselling author and emergency physician Dr. Jim Dahle offers a practical, step-by-step guide to achieving financial independence for doctors and other high-income professionals. Designed for beginners but packed with advanced insights, this 12-step manual empowers readers to take control of their finances and reduce the stress and burnout often tied to money issues in medicine and dentistry.
Key lessons include:
Protecting income through insurance and legal safeguards
Creating a budget that balances wealth-building with an enjoyable lifestyle
Mastering student loan repayment and forgiveness strategies
Boosting income through clinical work and side gigs
Buying and paying off a home wisely
Minimizing taxes and understanding the tax code
Investing smartly with minimal risk
Avoiding common traps set by financial advisors and insurance agents
Planning for children’s education and multigenerational wealth
Giving meaningfully while building long-term security