Here are the current retirement savings portfolios of employed physicians younger than 40 and between the ages of 56 and 69 years, according to the 2014 Employed Physicians Financial Preparedness Report by AMA Insurance.
40 years and under:
• Under $100,000 — 45 percent
• $100,000 to $500,000 — 41 percent
• $500,001 to $1 million— 9 percent
• $1 million - $3,000,000 — 5 percent
Between 56 and 69 years:
• Under $100,000 — 5 percent
• $100,000 to $500,000 — 11 percent
• $500,001 -to$1 million— 23 percent
• $1,000,001 to $3 million— 44 percent
• More than $3 million— 17 percent
The survey includes responses from 2,073 U.S. physicians.
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