Median Salary vs. Physician Salary
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Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Year 11Year 12Year 13Year 14Year 15Year 16
Year 17 (39-42 years old)
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Median (Salary)$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00$51,900.00
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Percent of Salary Saved30%30%30%30%30%30%30%30%30%30%30%30%30%30%30%30%30%
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Savings$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00$15,570.00
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Investment Return5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%
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Total Investment$15,570.00$31,918.50$49,084.43$67,108.65$86,034.08$105,905.78$126,771.07$148,679.63$171,683.61$195,837.79$221,199.68$247,829.66$275,791.14$305,150.70$335,978.24$368,347.15$402,334.50
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Physician (Salary)$-$-$-$-$50,000.00$51,000.00$52,000.00$176,460.00$176,460.00$176,460.00$176,460.00$176,460.00$176,460.00$176,460.00$176,460.00$176,460.00$176,460.00
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Percent of Salary Saved/To Loans
0%0%0%0%30%30%30%30%30%30%30%30%30%30%30%30%30%
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Loan Withdrawal & Payment-$50,000.00-$50,000.00-$50,000.00-$50,000.00$15,000.00$15,300.00$15,600.00$52,938.00$52,938.00$52,938.00$52,938.00$52,938.00$52,938.00$52,938.00$52,938.00$52,938.00$52,938.00
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Loan Interest7%7%7%7%7%7%7%7%7%7%7%
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Total Debt-$50,000.00-$103,500.00-$160,745.00-$221,997.15-$206,997.15-$191,697.15-$176,097.15-$123,159.15-$70,221.15-$17,283.15$35,654.85
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Savings$-$-$-$-$-$-$-$-$-$-$35,654.85
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Investment Return5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%
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Total Investment$90,375.59$147,832.37$208,161.99$271,508.09$338,021.49$407,860.57
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