In today’s episode, we’ll discuss why almost all ER docs are rich, but many are not wealthy. The key difference beyond just age and geography, typically lies in financial behaviors.
Topics Discussed:
- The minimum net worth to be in the top 1% earners in America.
- The difference between being rich and being wealthy.
- How income, and spending play a role in the net worth equation.
- The key consideration when it comes to being wealthy.
- Key risks and slippery slopes to be wary of.
- The importance of planning for your goals and the lifestyle you want.
- Why lack of defining your "why" leads to burnout.
Resources Mentioned:
Tags
ER doctor, emergency medicine, emergency doctor, ER, financial planning, wealth, rich, wealthy vs. rich, high income, top1%
