Are You Adequately Prepared for Retirement?
Women and younger doctors indicated the desire to retire early, but what's the nest egg target, and can it be met?
- Two-thirds of doctors plan to retire in their mid- to late 60s.
- Women and younger doctors indicated the desire to retire earlier.
- Compared to the average American retirement nest egg target of $1.8 million, doctors estimate that at least double that is needed.
- High on the retirement spending list are: travel, leisure activities, and dining.
Source
Medscape. How You'd Like to Live, What That Will Cost: Medscape Physicians Eye Retirement 2023 Report. Accessed March 15, 2024.
