Possible to live on 8k-10k a year????

[DrWily]

Or you go into a ROADS specialty.

ROADs =|= rich. ROADs means good lifestyle while making decent money.

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[GypsyHummus]

ROADs =|= rich. ROADs means good lifestyle while making decent money.

How is 300K+ not rich?

 

[Hadron Collider]

Oh I see the art in his response now. I always just assume people are trolling and often equate it with bad trolling.

I enjoyed his response much more now. Thank you.

It is settled then!

 

[DrWily]

How is 300K+ not rich?

Put into perspective of other physicians, ROADs are not "rich"

How is 180k+ not rich? IM, FP
How is 400k+ not rich? Cards, Neuro, Uro, GI, Ortho


All doctors make good money. But ROADs aren't specifically "rich" by any means. They make average salary but have the best lifestyle. For the time invested, you can make much more money being a banker/broker. These guys are "rich"

 

[MedPR]

Salaries are typically quoted after malpractice premiums. $180k/year is about $115k/year, depending on where you live. $500k over 10 years is about $5700/month -- you forgot about compound interest. I'm not sure how residency works with regards with interest accrual, but if loans are not in forbearance during residency then expect the payments to be even larger.

"$500k after interest"

Sent from my SGH-T999 using SDN Mobile

 

[GypsyHummus]

Put into perspective of other physicians, ROADs are not "rich"

How is 180k+ not rich? IM, FP
How is 400k+ not rich? Cards, Neuro, Uro, GI, Ortho


All doctors make good money. But ROADs aren't specifically "rich" by any means. They make average salary but have the best lifestyle. For the time invested, you can make much more money being a banker/broker. These guys are "rich"

Why would someone not specialize if a ROADs specialty if they make 3 times as much?

 

[GUH]

Why would someone not specialize if a ROADs specialty if they make 3 times as much?

Because ROADS residencies tend to be competitive.

 

[DrWily]

Why would someone not specialize if a ROADs specialty if they make 3 times as much?

Like GUH said, not everyone can make it into ROADs. You get into medical school which is like top students from around the country. Then you need to be the top of the top to have your pick of the litter. Statistically half of your classmates will be in the bottom half of the class and be below the mean for board scores (generally speaking). It's not as easy as "choosing" to specialize if you can't get there to make the choice.


Radiology - Kinda boring. Sitting in a dark room all day staring at x-rays/CTs doesn't sound exciting.

Ophthalmology - Eye stuff. I guess if you're into that.

Anesthesia - More my cup of tea and the one I would pick (realistically)

Derm - Not everyone likes derm and they catch a lot of flack. I would pick this though based solely on the sweet cush lifestyle if I could get it.


A lot of people I know want to do either Primary Care (FP/IM), EM, Ortho (you get a lot of DOs wanting to do Ortho...) or some crazy fellowship like Cards/GI/Uro/Neuro. Not talked to too many people interested in ROADs yet.

 

[Mehd School]

Why would someone not specialize if a ROADs specialty if they make 3 times as much?

God forbid someone likes a 'boring' specialty!

I've shadowed derm, gas, optho, and fp among many others. Family practice and EM were far and away more interesting to me than the others.

 

[MedPR]

Like GUH said, not everyone can make it into ROADs. You get into medical school which is like top students from around the country. Then you need to be the top of the top to have your pick of the litter. Statistically half of your classmates will be in the bottom half of the class and be below the mean for board scores (generally speaking). It's not as easy as "choosing" to specialize if you can't get there to make the choice.


Radiology - Kinda boring. Sitting in a dark room all day staring at x-rays/CTs doesn't sound exciting.

Ophthalmology - Eye stuff. I guess if you're into that.

Anesthesia - More my cup of tea and the one I would pick (realistically)

Derm - Not everyone likes derm and they catch a lot of flack. I would pick this though based solely on the sweet cush lifestyle if I could get it.


A lot of people I know want to do either Primary Care (FP/IM), EM, Ortho (you get a lot of DOs wanting to do Ortho...) or some crazy fellowship like Cards/GI/Uro/Neuro. Not talked to too many people interested in ROADs yet.

What about IR/VIR?

 

[NeuroLAX]

What about IR/VIR?

That's a fascinating field I would also consider.

 

[Mehd School]

What about V=IR?

GTFO with your ohms law business.

 

[MedPR]

Put into perspective of other physicians, ROADs are not "rich"

How is 180k+ not rich? IM, FP
How is 400k+ not rich? Cards, Neuro, Uro, GI, Ortho


All doctors make good money. But ROADs aren't specifically "rich" by any means. They make average salary but have the best lifestyle. For the time invested, you can make much more money being a banker/broker. These guys are "rich"

I think ROAD makes more $/hour than other specialties. If a ROAD specialist worked as many hours as an Ortho, for example, they would make much more.

 

[DrWily]

I think ROAD makes more $/hour than other specialties. If a ROAD specialist worked as many hours as an Ortho, for example, they would make much more.

If a ROAD specialist worked as many hours as an Ortho, then it wouldn't be a ROAD specialty i.e. the lifestyle.

I see what you are saying, but the original stem of the conversation was that going into medicine isn't about the money. Then that person mentioned "not unless you go into ROAD specialties" but ROADs generally do not make a large salary relatively speaking.

 

[MedPR]

If a ROAD specialist worked as many hours as an Ortho, then it wouldn't be a ROAD specialty i.e. the lifestyle.

I see what you are saying, but the original stem of the conversation was that going into medicine isn't about the money. Then that person mentioned "not unless you go into ROAD specialties" but ROADs generally do not make a large salary relatively speaking.

Right, but the lower salary is by choice. The ceiling on ROADs is limited by the number of hours they choose to work. The ceiling on other specialties is, in my understanding, limited by reimbursements.

If I choose a ROAD specialty I would probably work more hours and retire earlier.

 

[DrWily]

Right, but the lower salary is by choice. The ceiling on ROADs is limited by the number of hours they choose to work. The ceiling on other specialties is, in my understanding, limited by reimbursements.

If I choose a ROAD specialty I would probably work more hours and retire earlier.

Probs. I've heard of Anesthesiologists moonlighting making bank but I bet that starts to wear on you real quick

 

[MedPR]

Probs. I've heard of Anesthesiologists moonlighting making bank but I bet that starts to wear on you real quick

Probably.

 

[coolingglasses]

This. Unless you have fantasies about buying an Italian sports car and a beach home right after residency, most people are happy living off 70k a year.

fiat and a trailer on the gulf.

AWW YEAH

 

[SpecterGT260]

If you're 500 in debt, you better be doing surgery. Yearly payments for 500,000 in loans is 70,000 yearly for a 10 year repayment. IM FP Psych = 200k-220k loan repaymen 1/3 of salary, taxes 1/3 salary, you're left with 70k if that much to live on. Might as well have been a nurse. I totally anticipate wide eyed, immature pre meds saying "I just wanna help people."

"Nurse" (which is generous at 70k) for 10 years, then 200k from then on ain't really that bad. You guys seem to forget that one allure of medicine is stability tied to the salary. It isn't about making bank out of the box.

 

[SpecterGT260]

Probs. I've heard of Anesthesiologists moonlighting making bank but I bet that starts to wear on you real quick

every anes. I've met seems to be sucking their own gas. I'm sure they power through

 

[Strateego]

Like GUH said, not everyone can make it into ROADs. You get into medical school which is like top students from around the country. Then you need to be the top of the top to have your pick of the litter. Statistically half of your classmates will be in the bottom half of the class and be below the mean for board scores (generally speaking). It's not as easy as "choosing" to specialize if you can't get there to make the choice.

I would like to point out that not half your class will score below the mean for board scores. That assumes that the scores will be a perfect normal distribution. Half the students will score below the Median score. I don't know why this bothers me enough to comment on it, but it does.

[sarcasm tag]You're going to be a doctor. Be precise with your language.[/end tag]

 

[DrWily]

I would like to point out that not half your class will score below the mean for board scores. That assumes that the scores will be a perfect normal distribution. Half the students will score below the Median score. I don't know why this bothers me enough to comment on it, but it does.

[sarcasm tag]You're going to be a doctor. Be precise with your language.[/end tag]

I said "generally speaking" because no one reports median scores. I was being dramatic ok?!