7 Alternative Jobs for Physicians

Alternative Jobs for Physicians

7 Alternative Jobs for Physicians Looking For a Change Are you burnt out from years of working long hours? Do you want to step away from clinical practice? You’re not alone. Many doctors suffer from burnout. After all, practicing medicine is demanding work. It certainly doesn’t have the best work-life balance of any career out […]

Which Physician Specialties Retire Early?

Physician running down hospital hallway

Though it sometimes doesn’t seem feasible, physician retirement is possible. And for physicians in certain specialties, retiring early isn’t just a dream — it’s a reality. Some specialties, particularly those with a shortage of physicians, have a high rate of doctors well over retirement age. Yet, others tend to see physicians retiring earlier in their […]

Everything You Need to Know About Physician Retirement

Physician retirement

Do you find it hard to imagine a time when you’ll actually be ready to take off your white coat and retire? Many physicians can’t even fathom the idea of walking away from the career they love. Many feel as though they should work later in life since they started their careers late. Others think […]

Why Doctors Should Consider Real Estate Investing

Why doctors should consider real estate investing

According to the Bureau of Labor Statistics, physicians in the U.S. earn an average of $208,000 per year. And while this is significantly higher than most people in other professions, a $208k salary alone won’t necessarily make you “rich.” If you want to build wealth on a physician’s salary, you’ll need to know where and […]

Trauma Surgeon Salary: Average Salary Range and Factors

Where do trauma surgeons make the most money?

The job title of a trauma surgeon often comes with an idea of intense stress and long work hours. Like many physician specialties, roles within this field are varied. Trauma surgeons may work with vascular patients, in pediatrics, or as a registered nurse in trauma surgery. Yes, a trauma surgeon’s job is critical, but that […]

What Physicians Should Know About 457 b Deferred Compensation Plans

What Physicians Should Know About 457 b Deferred Compensation Plans

You’re never too young to invest in a sound retirement plan. Most physicians are around 30 by the time they finish training and start practicing medicine. Getting that later start makes it crucial that you start saving for retirement early on in your career. But with so many investment options and retirement plans to choose […]

The Complete Guide to Physician Retirement Planning

Physicians discussing retirement planning

If you want to enjoy your retirement years, you’ll need to have a savings plan in place. Because doctors are some of the highest-earning Americans, most new physicians assume that saving is easy. However, that’s not necessarily the case. Unless you establish a solid retirement plan, you might not have enough to support yourself in […]

Long Term Care Planning for Physicians

Dermatology subspecialty salaries

Long Term Care Planning for Physicians In many ways, financial planning is a process designed to help investors deal with the inevitable messiness of life: unforeseen illness, sudden career shifts, unexpected windfalls, and all the difficult decisions that come with these changes. As we age, we all become more likely to develop health conditions that […]