Medical Economics December 4, 2024
Physicians are high earners, but their professional careers begin later than most, so early action can yield long-term financial security.
The early part of a physician’s career can be the most exciting and daunting simultaneously. The thrill of practicing medicine and serving patients is often tempered by financial stress. Since doctors begin their professional careers — and earning years — later than most, there is often immediate pressure around managing school debt and thinking about retirement.
Fortunately, established models exist to help young physicians develop a plan for long-term financial security. Although every physician’s financial situation is unique, three financial strategies are generally applicable to most scenarios and can serve as the foundation for financial security.
Establish a savings habit
...Today's Sponsors
Today's Sponsor