A little less than half of employed physicians report having less than $500,000 saved for retirement, according to the 2014 Employed Physicians Financial Preparedness Report by AMA Insurance.
The survey includes responses from 2,073 U.S. physicians.
When asked what the approximate value of their current retirement savings portfolio is, respondents reported:
• Under $100,000 — 18 percent
• $100,000 - $500,000 — 26 percent
• $500,001 - $1,000,000 — 24 percent
• $1,000,001 - $3,000,000 — 25 percent
• More than $3,000,000 — 7 percent
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