5 statistics on employed physicians’ retirement savings

A little less than half of employed physicians report having less than $500,000 saved for retirement, according to the 2014 Employed Physicians Financial Preparedness Report by AMA Insurance.

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The survey includes responses from 2,073 U.S. physicians.

 

When asked what the approximate value of their current retirement savings portfolio is, respondents reported:

 

•    Under $100,000 — 18 percent
•    $100,000 – $500,000 — 26 percent
•    $500,001 – $1,000,000 — 24 percent
•    $1,000,001 – $3,000,000 — 25 percent
•    More than $3,000,000 — 7 percent

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