Are pediatricians Millionaires?

**captainimmy** · 01-20-2009 09:13 AM

I am just wondering does anyone know of a pediatrician that is a millionaire by the age of 40?
(assume no student debts)

How about, will they be making 1 million dollars a year?

**KPatel** · 01-20-2009 10:07 AM

Not to jump to conclusions, but if you're asking this question in order to determine (based on income) what your career path should be, you really need to take another look at it. You're going to be doing this for the rest of your life; if you're not enjoying what you're doing, you're going to screw yourself over later on.

As for your question, I can't answer it. Sorry.

**greggomatic76** · 01-20-2009 10:43 AM

Practicing pediatrician? I don't know of any that come anywhere near that...most do very well, don't get me wrong, but a mill a year, not quite. I do know one that I believe is a millionaire from not blowing their earnings on boats and massive homes but they live a pretty simple life relative to their income.

**StealYourDreams** · 01-20-2009 10:47 AM

1mm a year? Dont think so. Millionaire by 40? Maybe. I Have a lot of doctors as clients and they are well off by the time I contact them in their 50s, but I dont know any that went into medicine for the money.

If you look it up the average pay is 151k in LA, CA.

**Vaze** · 01-20-2009 01:20 PM

I run a physician practice management company. Contrary to what many people think, most physicians don't make millions annually. A pediatrician that is employed may make $130K - $150K annually, a bit more if in private practice.

**TheBigIdea** · 01-20-2009 02:30 PM

mmm, does it matter if a person is a millionaire or not?

if you mean a million in the bank, i don't think many people would want that. rather have some in assets, such as stocks, biz ownerships, etc.

to me, as long i'm enjoying what i do, ain't gonna make a diff whether i'm a millionaire/billionaire or not.