By the time they are 50 years old, 56 percent of physicians have a net worth of $1 million to $5 million, and around 15 percent of all orthopedic surgeons report a net worth exceeding $5 million, according to the Medscape "Physician Wealth and Debt Report 2017."
Physicians build their wealth through smart investment strategies. Here, Larry Teuber, MD, lists the top three investments for physicians:
1. His first best investment he made was deciding to become a spine surgeon.
2. His second best investment was purchasing ownership of a surgical facility.
3. The third best decision he made was hiring a good investment manager.