Quote:
Originally Posted by PoorLurker
That tax form is not mine, haha.
Just spent way too many days at the hospital and was wondering what the doctors made. I thought many of the doctors were around high 100s to mid 200s. However, I hear CA pays very poorly compared to other states. One radiologist mentioned his classmates getting offers nearly twice as much in Texas as he was in CA. Which specialty?
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I don't doubt that. The coasts are sort of a double whammy because compensation is less (slightly) and cost of living is significantly more.
High 100s is probably on the low end for physicians in general - maybe 15 or 20 years ago but physician compensation has generally kept up with inflation. A pediatrician, psychiatrist, or infectious disease physician working in academia might be around mid 100s. Your typical internal medicine physician employed by a hospital will probably be in the $220-$240 range, whereas specialists in private practice usually clear $275-300.
I have some friends in radiology working in academia who make around $340k while those who work non-academic jobs might expect to make 1.25-1.5x the income for twice the work.
I'd be lying to myself if I said I didn't have an awesome gig, but being a physician definitely encompasses a lot of delayed gratification. I'm in a good spot in life now. I just turned 39 but I feel like I've just passed the break even point in terms of wealth accumulation relative to a scenario in which I had taken a high 5 figure or low six figure job straight out of college.
I'm just trying to bank (and invest) as much money as I can now while I'm still relatively young.