Medscape gathered information from 17,461 doctors in 30 specializeds, consisting of oncologists, for the survey in between Oct. 4, 2019 and Feb. 10.
Oncologists in the U.S. make $377,000 on average each year, and a quarter of them are paying off trainee loans, a Medscape report shows.
Here are seven notes on the personal financial resources of oncologists:
1. Quarter of oncologists are still settling their student loans.
2. Fifty-nine percent of oncologists are paying off the mortgage on a main home, and about 20 percent have home loans of more than $500,000.
3. About 30 percent of oncologists have 3 to four charge card, while 22 percent have more than seven charge card.
4. Forty-eight percent of oncologists put more than $2,000 into a tax-deferred retirement or college savings account regular monthly.
5. Forty percent put more than $2,000 into a taxable retirement or college savings account each month.
6. 77 percent said they did not experience a financial loss last year, 14 percent stated they did face a financial loss due to bad financial investments in the stock market.
7. Thirty-nine percent of oncologists stated they work with a financial coordinator.
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