Just 11% say they consider themselves “rich” – and 45% agree that “my income probably qualifies me as rich, but I have so many debts and expenses that I don’t feel rich.”

And a pediatric oncologist made an excellent comment:

With regard to the compensation bit, it is important to recognize that the student loan burden is enormous. Not only are you carrying over the loans from college, but your loans from medical school, and all of these tend to be held in limbo (“forbearance”) where they continue to earn interest that is capitalized/principalized, because during residency and fellowship (3-6 years beyond medical school graduation for medical specialists and 5-9 years beyond medical school graduation for surgical specialists) you’re making only $50K or $60K a year for your 80 hours a week work.

But I think one of the hardest bits is that during your school and training there’s never enough money to set aside, and certainly no 401(k) or pension, for retirement savings. So many of us start our “financial adulthood” in our 30s or even early 40s with a huge hole to fill – the need to save for retirement, to pay off the student loans, and at the same time, the need to start living like an adult (kids, house, non-disposable furniture, reliable transportation). And you start to get tired. When you’re 20-something or even in your early 30s, you can do the up-all-night/up-all-day thing, but when you’re in your early or mid 40s, it just gets really hard.

Only 54% of doctors say they would choose a career in medicine again…