Physicians leave training with expectations of earning a generous income and dreams of an extravagant lifestyle. They go from years as a struggling resident to a working individual with a stable income. Once they become attendings, their salaries skyrocket, in some cases from $55,000 annually to $550,000 annually. A $550,000 income requires extensive financial planning, of which the average physician has no experience or exposure. They are building a practice or ...

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