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.

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

More articles on benchmarking:
Here are the top 26 outpatient surgical procedures – No. 1 topped the list by a landslide
7 statistics on ophthalmology revenue per case by region
10 statistics on ASC services volume

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.