33% of physicians put more than $2k in tax-deferred savings each month — 10 statistics

Forty-three percent of physicians who save more than $2,000 per month in a tax-deferred account are in the 50 year to 64 year age range, according to Medscape‘s Physician Wealth and Debt Report 2018.

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Here are 10 statistics on how much physicians save. Medscape surveyed 20,329 physicians across more than 29 specialties.

Amount put into a tax-deferred retirement or college savings account each month:

1. More than $2,000: 33 percent
2. $1,001 to $2,000: 29 percent
3. $501 to $1,000: 17 percent
4. $1 to $500: 9 percent
5. I currently don’t do this on a regular basis: 13 percent

Amount put into taxable savings account each month:

6. More than $2,000: 21 percent
7. $1,001 to $2,000: 15 percent
8. $501 to $1,000: 16 percent
9. $1 to $500: 16 percent
10. I currently don’t do this on a regular basis: 32 percent

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