5 Reasons Why Your Doctor Has a Side Hustle

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Some physicians leverage their expertise by doing non-clinical work as expert witnesses or case reviews.

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#1: Doctors are Deep in Debt

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#2 Personal Fulfillment

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#3 A Goal-Driven Nature

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#4 Another Retirement Account

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#5 A Transition to an Encore Career

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For More Info Visit The Female Professional

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5 Reasons Why Your Doctor Has a Side Hustle

Some physicians leverage their expertise by doing non-clinical work as expert witnesses or case reviews.

#1: Doctors are Deep in Debt

The average indebted medical student, which is about 71% of them according to the latest AAMC survey, has around $200,000 in student loan debt.

#2 Personal Fulfillment

The doctor job pays the bills and then some, and can also provide the seed money for any number of unrelated pursuits.

#3 A Goal-Driven Nature

After a lifetime of people-pleasing and achievement, your doctor wants to accomplish something more. That’s where a side hustle can be invaluable.

#4 Another Retirement Account

A lucrative side hustle could allow a doctor to put as much as $57,000 into an individual 401(k) or SEP IRA in 2020.

#5 A Transition to an Encore Career

Later in their careers, some doctors may decide to scratch the itch to try their hand at another profession entirely. If it works out, great!

For More Info Visit The Female Professional

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