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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][clipped for space] I guess it just seems to me like no one has much of guarantee anymore, though doctors have it better than others. I look at my MD/JD/MBA friends and at 35, I can’t tell you that one path was necessarily more financially lucrative than the other. if anything the biz and legal folks had time to pay down loans before having kids and buying houses. The docs will have to tackle both sinualtenously. Maybe at 45 they’ll pull ahead? And even that probably depends heavily on the specialty and location. [/quote] I see where you are coming from but it completely depends on your speciality. I agree with you if you are talking peds but [b]most doctors marry other doctors [/b]and most doctors now are specialized. The worst part is the training but if you are looking to specialize the average salary is above 250k and you make that money for the rest of your life. The problem is that medicine is stressful and leads to burn out but I wouldn’t feel bad for everyone in medicine. Many of the dual physician families can make over 500k easy. [/quote] You’re making quiet a few assumptions. The doctors we know typically either have SAHM as wives (this is most common in our current practice group), or married another doctor and they hire out tons of help, a few have spouses who work outside of medicine of course. It goes without saying it’s very hard to be a surgeon or specialist making the big bucks and contribute to your family at home. [/quote] I'm the lawyer PP. Agreed on the assumptions here. I know probably know 10 physicians off-hand and only one is married to another physician. Small % are married to other professionals like JDs or MBAs. A much larger proportion are married to folks with good, but not outstanding jobs (think teacher, operations, politics). So I don't doubt you, just saying your sample size may be skewed. Someone said it pages back and I think it's true. At this point, it's clear that the high salaries only go to a fraction of JD and MBAs and they don't always sustain those super high salaries for more than 5-10 years post school. (Basically, once you leave BigLaw, MBB, iBanking, PE/HF.) People know that and at least attempt to communicate that to kids and college students to make informed choices. I'm not sure that same message gets to aspiring doctors. I think everyone (me included until 5ish years ago), equates physician = very highly paid professional. In law school I figured out that some specialties pay less (psych, family, peds, internal), some paid crazy well but were very stressful (ortho, surgery, neuro), but now that I see my friends going through it and the material tradeoffs they're continuing to make, I would at least know to prepare my own children for is ahead. [/quote]
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