Jumpstart Your Financial Independence at WCICON! | White Coat Investor (2024)

By Dr. James M. Dahle, WCI Founder

What will you do in the next year to move toward your financial goals?

The Physician Wellness and Financial Literacy Conference (aka WCICON) might be our premier product here at WCI, but it is far more than that. It's an experience. It's a premier networking opportunity for those in the physician financial and wellness space. It provides your annual CFE (and CME—17 AMA category 1 credits) needs. It's a vacation and a chance to get out of the winter cold and enjoy the warm Phoenix sun. It's an opportunity to get out of your COVID cave knowing that the ONLY place you can go where EVERYONE is vaccinated is this conference. Most of us will be safer from COVID being at the conference than we will be at work.

However, for many attendees at the conference, WCICON22 will change their lives. For them, it's not about having a good time for a few days, learning a few things, and meeting up with some good friends. It's about the outcome. WCICON will jumpstart their transition to financial freedom and all of its benefits. For some, it's a second chance at life, the equivalent of being shocked out of financial ventricular fibrillation. You may be one of these people.

Take a look at some of the results from pre-conference surveys:

Yes, there will be some experts there, including lots of people who aren't presenting. But somewhere between 15%-70% of attendees are nowhere near expert status. These folks go home from WCICON, make changes in their lives, become increasingly financially literate, and often return a couple of years later as well-informed conference speakers who are rapidly closing in on financial independence themselves. The transition in mindset, knowledge, and confidence is stunning.

People can jettison limiting financial beliefs like:

  • I can never learn this finance stuff
  • Money is the root of all evil
  • Rich people are evil
  • Investing is something other people do
  • Doctors should not care about anything financial

Some might even view the conference as the next step after taking our flagship online course, Fire Your Financial Advisor. It will help them to put it all together, meet others with similar goals and interests, connect with those who can help them, and focus for three solid days on those goals.

Look at some of these comments from prior attendees:

  • “I left this conference inspired to live my life in a more conscious financial manner and re-inspired to lead in my physician community!”
  • “Amazing speakers. Fantastic. Wow! Raw, personal, real.”
  • “That presentation was life-changing for us.”
  • “Loved meeting with like-minded people and mingling with the stars of physician finance.”
  • “Really liked the diversity of talks, especially the wellness track.”
  • “I loved talking to the speakers and meeting everyone. It was so nice to speak openly to other physicians about finances and not feel like you were being judged or ostracized by your peers.”
  • “Outstanding job! By far one of the best virtual conferences I have attended. Better than most professional society virtual conferences.”
  • “I originally wanted to come to develop my financial literacy but after seeing the schedule, I was drawn to the wellness and burnout talks. I was BLOWN away at the quality of the lectures including one of the most inspirational and captivating speakers I have seen in a long time.”
  • “Such a great conference! It changed the way I think about my financial goals and my debt and I am now actively engaged in learning what more I can do to be financially independent sooner! The speakers were perfect and so engaging! I look forward to looking back at the speakers I missed. Definitely worth every penny!”

There's a reason that 99% of prior attendees recommend you come to this conference.

We've done this conference as an intimate, in-person-only conference (2018 in Park City).

We've done this conference as a big in-person conference with a last-minute, emergency virtual option (2020 in Las Vegas).

We've done this conference as a completely virtual experience (2021).

This year we're going to do it all, combining the fun, intimacy, and connectivity of Park City with the accessibility and participation of the virtual experience. Either way, you win. And when you register by December 1, you get the valuable swag bag with books from all the keynote speakers, a conference T-shirt, and more!

Jumpstart Your Financial Independence at WCICON! | White Coat Investor (9)It's 50+ hours of material, 35+ speakers, 17 hours of CME/Dental CE, networking with like-minded professionals, wellness activities, free access to the full online course with all presentations, the swag bag, and more! Yes, we want you to come because we put a lot of time and effort into this. Yes, I personally want you to come because I want to meet you and talk to you about your fears, challenges, and successes. But mostly, we want you there because we truly want to help you change your life for the better, and we know this conference will do that for you.

Register today for the Physician Wellness and Financial Literacy Conference!

Jumpstart Your Financial Independence at WCICON! | White Coat Investor (2024)

FAQs

What is financial independence white coat investor? ›

First, let's define financial independence. We'll do it very simply—you can live the rest of your life without changing your lifestyle or receiving earned income. Traditionally, using the 4% rule, that means having a portfolio that is something like 25 times what you are actually spending.

What should I invest in for financial independence? ›

Emergency Fund — I put cash into a high yield savings account for any emergencies (minimum of a year of expenses). Retirement Funds — I maximize contributions, up to the IRA limits, into self-directed retirement (e.g. 401K, IRA) and health savings (HSA) accounts that I utilize as long-term investments.

Who is the owner of the White Coat investor? ›

James M. Dahle, MD, FACEP, FAAEM is a practicing emergency physician and the founder of The White Coat Investor. After multiple run-ins with unscrupulous financial professionals early in his career, he embarked on his own self-study process to become financially literate.

How much do you need to invest to be financially independent? ›

The Financial Freedom Formula Is Simple To Calculate And Understand. According to the FIRE (financial independence, retire early) movement, you need to have 25 times your annual expenses in investments.

Do you have to pay back private investors? ›

If you borrowed money personally for your business, yes you have to pay it back unless you declare bankruptcy. If your business is incorporated and the investors bought shares of the company, they assumed the risk of loss by doing so, and their rights are only to the assets of the company proportional to their stock.

How much money to retire at 40? ›

“Take your living expenses for the year and multiply by 25. If you spend $60,000 a year, that's $1.5 million. If you have investable assets of more than that – not including the house you live in – you should theoretically be able to retire at age 40.”

How to become financially free in 5 years? ›

In reality, the rule is extremely straightforward. 50-20-30 rules is an easy way to know how to achieve financial freedom in 5 years. Split the cash-in-hand into 3 equal parts as per the rule. 30% of income is spent on wants, 50% on needs, and 20% is set aside for savings and investments.

Who is the richest investor in USA? ›

Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930) is an American businessman, investor, and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world.

What is white coat syndrome? ›

White coat syndrome, or white coat hypertension, is the term for when you get a high blood pressure reading in a doctor's office and a normal reading at home. The anxiety of being around doctors in white coats can make your blood pressure rise. Most people don't need treatment if their blood pressure is normal at home.

Who is the CEO of white coat? ›

WhiteCoat founder and CEO Bryan Koh said the group aspires to bring its "made-in-Singapore brand to the region", with users receiving "the same premium level of healthcare access regardless of where they are in Southeast Asia".

How do I restart my life financially? ›

If you find yourself in a situation where you need to start over financially, the first thing you need to do is take an honest assessment of your situation. Some areas you may need to focus on include paying down debt, rebuilding your credit score, saving up for an emergency fund, or getting a higher-paying job.

What is the financial independence method? ›

Key Takeaways. Financial Independence, Retire Early (FIRE) is a financial movement defined by frugality, extreme savings, and investment. By saving up to 70% of their annual income, FIRE proponents aim to retire early and live off small withdrawals from their accumulated funds.

How does financial independence work? ›

For many, reaching financial independence means having the freedom to live life on your own terms. When you're financially free, your investment earnings and other sources of passive income cover your fixed and discretionary expenses, allowing you to make life and career choices without financial constraints.

What does an independent investor do? ›

An individual investor, or retail investor, is a person who invests their own money, usually through an online broker, bank or a mutual fund. They invest to meet their individual investment goals, such as to save for retirement, a child's education fund or to build wealth generally.

How much do you get paid at financial independence? ›

It doesn't take an exorbitant salary, either. Americans say they'd need to earn about $94,000 a year on average to feel financially independent. That's about $20,000 more than the median household income of $74,580.

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