Most people think it’s easy to build a multi-million dollar asset as a physician. But that’s not entirely true. Most physicians are high earners yet not rich enough to retire and live off their savings.
With your student loan out of the way, the next step is to keep a certain percentage of your income aside, say 10% or 20%, and invest these savings in a low-risk portfolio. A conservative approach would be to save 15% of your income every month.