Physicians: 8 personal financial concerns

Having enough money to retire tops the list of financial concerns of employed physicians, 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.

 
Here are eight personal financial concerns of employed physicians:

 

•    Having enough money to retire  — 72 percent
•    Being able to fund long-term care expenses — 65 percent
•    Having the right estate plan — 51 percent
•    Having enough disability insurance — 45 percent
•    Having enough life insurance — 44 percent
•    Funding college expenses for children — 36 percent
•    Financially providing for elderly parents — 35 percent
•    Paying off medical school debt — 18 percent

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