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White Coat Investor Podcast

White Coat Investor Podcast

WCI #493: Invest vs. Pay Off Debt: What to Do with Extra Cash

Oct 15, 2026 · 55m

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About this episode

Many early investors struggle with the next best use of their money - paying off debt, investing for retirement, or even buying a practice can all be good choices. But how do you decide which is right for you? In this episode of the White Coat Investor Podcast, Dr. Tyler Scott delves into this deep topic for a listener who has this exact question: "Should I use my extra money to pay down debt, invest for the future, or buy a practice?" After Tyler walks through all the considerations of this decision, he answers another listener question about how to optimize your asset location between tax deferred and Roth accounts. This podcast is sponsored by Bob Bhayani at Protuity . He is an…