This reports surveyed nearly 20,000 doctors across 26 specialties with margin of error <1%.* Two slides I found particularly informative are: Physicians’ Net Worth by Age “Over 90% of physicians younger than 28 years of age were worth less than $500,000. Net
Employer Match! Great news for UA residents and fellows.
UA used to only match retirement contribution for attending physicians, but starting 7/1/2016 when Banner takes over UA residency, residents and fellows may now get 4% Banner employer match to their retirement accounts, specifically 401k pre-tax account. To get this
Save 10-15% on your annual grocery bill AND fund your ROTH IRA!
Sprouts Farmers Market is selling gift cards at 90 cents on the dollar this coming Wednesday 11/4/2015 (traditionally this promotion happens once a year on the first wed. of November.) So let’s say your household grocery bill is $400/month, you
Net worth building steps in residency Part II
For the super savers, as you have managed to get your 4% employer match, max out your 18k annual contribution limit to 401k/403b, AND max out your 5.5k ROTH IRA. Here are some more steps you can take to build your
Net worth building steps in residency
As residents/ fellows, most of us student loans, personal loans, credit card debt, car payment, mortgage payments, our residency paychecks, potentially moonlighting/ side job income, and a future promising 4-6x of our current income. Since training is a significant chunk