The survey includes responses from 2,073 U.S. physicians.
When asked which financial instruments they have in place for retirement savings:
• 401(k) — 81 percent
• Traditional IRA — 50 percent
• Roth IRA — 34 percent
• Other, such as a 403B — 26 percent
• Simplified employee pension plan — 25 percent
• Profit sharing plan — 11 percent
More articles on practice management:
6 ways to improve staff, patient experience by showing gratitude
5 statistics on employed physicians’ retirement savings
Independent physician group growth — 10 orthopedic practices expanding
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