Broker Check

Healthcare Professionals

Having enough money to retire is the top personal financial concern of physicians, according to "2013 Report on U.S. Physicians' Financial Preparedness," by AMA Insurance.

Here are the top eight personal financial concerns of physicians, according to the survey:

  1. Having enough money to retire — 55 percent

  2. Funding college expenses — 44 percent

  3. Having enough disability insurance — 34 percent

  4. Having enough life insurance — 36 percent

  5. Financially providing for parents — 27 percent

  6. Funding my long-term care — 27 percent

  7. Paying off medical school debt — 24 percent

  8. Having the right estate plan — 23 percent

The survey, conducted in December 2012, includes responses from 2,365 physicians