Many people believe that the typical “white coat investor,” i.e. a doctor, surgeon, or dentist, must be wealthy due to the relatively high salary medical professionals earn. Dr. Jim Dahle, author of The White Coat Investor: A Doctor’s Guide to Personal Finance, explains why this is not always the case. Many professionals are not financially astute, and they have no idea how to manage their money or prepare for retirement. Dr. Dahle discusses how to manage the financial jump from living on a low-income to becoming a high-salaried professional.
If you live a long life, will you run out of money?
Many retirees’ biggest worry is that they will outlive their savings. Douglas Goldstein, CFP®, director of Profile Investment Services Ltd., shares tactics for preparing financially for a long life, so that you will always be able to pay your bills.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Advertisement

SHARE
Previous articleObama’s Mid-East Legacy Is Tragic Failure
Next articleAs Trump Confirms Kushner Will Broker Israel-PA Deal, Don’t Take Jared for Granted
Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]