I really hate that you go through 8 years of school, 5 years of residency, rack up hundreds of thousands of dollars in debt and meanwhile some "tik tok star" is making more money per post than you are in a year
N E H A A The fact that people who play sports professionally like football players are getting paid more than physicians/surgeons. Which they work 60 hours a week and barely get any sleep.
I wish the general population and especially a lot of foreign parents realized that not every doctor was making tons of money and living a glamorous life.
Adnan A hmm. I honestly think the general public’s idea of just how rich a doctor....any doctor Is perfectly accurate. In the thumbnail it’s a split screen between a “well off doctor” and a filthy rich doctor. I can almost guarantee u that despite the income varying wildly by specialty even a well off doctor is richer than the vast majority of the us population. Boo hoo, u only made 200K instead of the surgery average $300-$500k.
@@leilanidru7506 The doctor making 200k also went to medical school for years and forwent salary for those years, not to mention accumulated debt. The average medical school costs hundreds of thousands of dollars.
A V duh. Who in their right mind would undergo almost half a million dollars in debt for an average salary and payoff? Their income is their greatest weapon and it’s pays off in the long run. Of course they’ll be behind their peers in the beginning but obviously approx mid- late 30s their income shoots up and being a doctor actually pays off. Handsomely. Even if u account for the couple years it’ll take them to pay off that debt. They’ll be behind at first but will in the long run become part of the top 5% income earners in the US.
@@nater88dawg Hope those people are doing something they really really enjoy! Because 60 work hours plus the related time getting ready for work means a lot of time! It doesn't surprise me when a lot of older overworked doctors are fat and disgusting potatoes with tonnes of wrinkles and eye bags once I hear their schedules. They are always amazed that I keep up with and often know as much or more about whats new in their specialty since they don't have the time to keep up with research when they have those schedules and a family. When you are hitting over 60 hours a week, I really think its valuable to hire a part time assistant. Maybe that might just be for cooking or cleaning, but you can also hire an online research assistant to keep you up to date. Personally, I wouldn't have kids if I did 70 hour workweeks. Why produce children to farm them out to a babysitter? The point of having a family is to spend time with them. Kids need love more than they need an iPhone X or a brand new car for the 17th birthday. Let them get a used one.
Me, a sophomore in high school binge watching and bracing myself to become a surgeon. Edit: i just graduated hs & majoring in polsci w/ a minor in accounting
@@FishBoneD14 well, yes it's free, and now salaries have a tendency to go up, but before they were around 30k, so i'd rather have 60k debt and a decent salary than no debt and shitty salary for the rest of my life. Hopefully when I finish things will be better:)
@@99cezar But they also get to start their medical school journey sooner, because it's post-high school, not post-bachelor's, so it's not just a trade-off of money, but also time and preparation.
Hey! I'm a Stanford Pre-Med and I just wanted to say, all your videos are very informative and entertaining. Appreciate the effort in serving the incoming medical community.
Lilliam Pumpernickle It definitely has to do with studying efficiently. While most people spend time reading and rereading, I created my own flashcards that didn’t necessarily involve memorizing, but tested my ability to think and explain a particular concept. Also, I’m really on top of my homework/tests so I absolutely don’t procrastinate. I find that scheduling helps you stay productive and allows you to enjoy leisure time without feeling guilt.
@@SunSunSunn thanks for replying lol. I'm equally as smart, or smarter than a good amount of the higher rank students in my school class, but effort really brings me down. I usually don't prioritize school work as soon as I get home. The procrastinstion gets the best of me haha. I'll try out your method next year( Ill need it) for AP chem, AP bio, AP English Lang, and APUSH
bullshit. my doctor friends have boats, eat at the finest restaurants, take extravagant vacations and enjoy all manner of luxury.. there is plenty of time to enjoy it.
It's enough to be comfortable if you're single, maybe a wife and 1 child, and not living in a ridiculous place like NY or CA. You definitely won't be vacationing in the Hamptons or Martha's Vineyard, though. No gambling trips in Monaco, no breakfast on the French Riviera. Hell, I made $80K last year and it really didn't feel any different than earning $55K - $65K, because I'm just putting more into retirement. So while my coworkers drive newer cars and have nicer clothes, I drive an 18 yr old car and usually keep shoes for 10+ years, clothes twice as long. I still have t-shirts from the 80s and 90s. If you ever get your income to $70K, just resist the temptation to spend more. You should save more, because you can't work forever, and you'll want to have fun when you're retired and can do whatever you want all day, every day.
SuperN0va Well, you can die before retirement and all of that sacrifice will be in vain. Besides, wenn you are old you no longer want trips or fancy cars. You will just wish health.
@@luiza2021 you make a great point, however even if I die tomorrow, I have a wife and children to think of, and one child is still school age. So my savings would not be in vane. Also, the things I want to do won't change when I'm retirement age. I'm 44 and still want to fly model rockets, play video games, enjoy astronomy, read books, and I will always be a "car guy". But of course I will want to be healthy. If I didn't save and lived like there was no tomorrow, I'd be guaranteed to be in terrible financial shape if I live to retirement. Risk vs reward says I should save, so that is what I do.
Sorry but if I go into 200k-300k in debt I want to get paid at least 300k a year so that I can recover from said debt within like six years so yes compensation will be a secondary factor
Google Will Know Legit the reason when its time I will try to match into anesthesiology, it’s the least amount of work and it pays rather well. I also like the field, but that itself is a secondary factor.
I’m not smart enough to become a doctor but I do recognize the fact that if you want to be rich or whatever, medicine is not the way to go, unless you go for something like spinal neurosurgery. The years and years it takes to earn the large salaries and the debt is altogether not worth it.
@@richboiz8804 I can't say it's the least amount of work. If you're looking for bang for your buck, I think EM is the best paid specialty per hour worked. Also, in anesthesia, you most likely have to do a fellowship unless you want to babysit CRNAs all day
Bubbas Ernie no. Average is the mean. And median is the middle. Mean is sum divided by the number of people or units or whatever. And median is literally just the middle of the data and the line in which 50% of the data falls below and 50% fall above. For example, if you put 12 people in a room (let’s call it the red room) and calculated their average income. Let’s say 10 of them are McDonald’s workers, 1 is bill gates and the other is warren buffet. Add their net worth and divide by 12 and the average or mean will come to billions of dollars but the two outlier billionaires in the room skewed the data and misrepresented the true income of the group. So say I wanna become a red room member and see that the average income is 55 billion dollars, this is misrepresentative because the vast majority of people in the red room don’t make that much. But if you were to draw a line down the middle it would give you a way more accurate representation of what ur most likely to make if u join the red room. Because the median isn’t affected by outliers. You just arrange the numbers from lowest to highest and the middle income is the median. Which means half make higher than that and half make lower than that. ( this middle income will likely be a McDonalds worker and not a billionaire because they are on the far end of the data set) I hope this long winded example made sense.......
Bubbas Ernie therefore, median is a far better representation of averages (for the most part) than the actual calculated average/mean. Because the mean is heavily affected by outliers.
You forgot to mention that the ones that pay the most require the most schooling(extra residency), take on a lot of risk, and are the most likely to get sued....
The Secret Surn if a patient dies or something goes wrong, which is so sad that they get sued since all they did was help as much as they could, i guess some people don’t understand that and just want someone to blame lol
Hear me out, we lower the cost of healthcare per capita by reducing physician salaries, including the specialist, but in turn allocate federal money so that every physician who makes it through medical school, residency, and dedicated x amount of years to being a practicing physician will never have to pay a cent of that debt back. That way physicians will become medical professionals for the right reasons, not the money. And they can’t complain about the ridiculous debt anymore. America is approaching a physician shortage, I think it would work. Not saying we pay them scraps, but nothing above 250k. Obviously if you own your own practice it’s different and more like a business, making the sky the limit.
I'm a 13 year old 8th grader who dreams of becoming an endocrinologist I'm not doing it for money , Its cause my mom is a diabetic patient for 20 years
@@joywebster2678 yes , sugar patients should never rely on the doctors in their area , they'll only end up with their conditions getting worse , I hope I'll become a humble one in the future to treat every single patient with my heart not for the money
My son is a intervention radiologist. It was four years undergrad while playing on the football team. Very difficult maintained a 3.82 gpa. Than four years medical school. Three years residency and that was about 50,000 a year. He worked 80 hours per week for that. His total cost of for education was about 360,000. Eleven years before he was fully fledged and done with residency. The cost of the education was not truly the total cost. He still had to have a car and gas money etc, while attending school. As one other person mentioned to me he spent almost as much time in college, medical school and residency as most people would going to elementary, middle school and high school. It’s crazy. I don’t know how he did it. In the end it was worth it because he loves his work and helping others. The financial portion… It’s more than what was listed at the top of the chart in this example. There was a time during his residency, as a father, I felt horrible. All he did was work, work and work. I remember a few times Face timing him And he was dozing off as we spoke after getting home. It definitely was a huge… Commitment
wow.. thank you for posting this video... I always thought CALI had the top paying doctors lol... well as far as states a lot of people come to cali or oversees for plastic surgery .. i cant speak for the rest of the specialities.
Psychiatry may be nowhere to find among the stats, but I really want to pursue it still wholeheartedly! Hopefully, an opportunity knocks where I can practice it in the US. Thank you for this contents Dr. Jubbal. Great content as always!
I'm going to school to become a psychiatrist they make very good money maybe not have a million but more than enough money a year to be very comfortable and one of the biggest trade offs about being a psychiatrist is that you only work 40 hour weeks maybe a bit more but you can actually enjoy the money you make as compared to a surgeon (much respect to them) they make a good amount more money but they don't have much leisure time to enjoy it.
I was a medical recruiter for a few years, and one of the few things that's really bizzare is how many doctors live paycheck to paycheck. The old saying is true for most people their expenditures rise to the level of their salary. Like a doctor in primary care is expected by his peers and say very proud family etc. To live like a multi millionaire on a 200k income. That, and banks are predatory towards doctors a doctor with no credit is almost always going to get a loan because they have such a high guarantee of future income. I mean it’s astoundingly common for a doctor making 20k a month to have less than a thousand in savings.
@@Iamahumanehuman they absolutely positively do. Obviously not all of them but there’s no way for me to explain to you how common it is, they’ll just smoke their credit card and pick up a few extra shifts to pay it off. It’s far more common than you imagine it’s also common for them to call in with a sob story for an advance on their check. Again not all of them, but my god IT ABSOLUTELY happens
binging on Med School Insiders videos for days now and I am not the least bit discouraged with anything, even with the length of training/residency and fellowship....part of why I still want to pursue this dream is because I know I'd be constantly busy and the fulfilling feeling that it brings.
Neurosurgery resident here. I didn't plan on NSGY going into medical school but I ended up here because I found my passion. It'd be asinine to choose one of these specialities based on salary, its simply too much work to justify the pay in comparison to other residencies. If you're a high schooler or even an underclassman in college- don't worry about this stuff. Just go study to put yourself in a position where you can make the choices you want to.
Dr. Kevin Jubbal, I have to say your content is very informative. You will make me switch my major from engineering to medicine if I kept watching your videos!
Bad Otaku what I like about medicine is having acl reconstruction surgery and being thankful for my surgeon because without him I wouldn’t have been able to walk again... so I wanna help people the same way I was helped
@simply elizabeth Idk yet. I'm going to start nursing school in March. In comparison to the American nursing school, nursing students in Germany get paid, there are more practical phases and you have slightly higher chances to get to study medicine when you finished the nursing program.
i already know i want to be an anesthesiologist because i love watching surgeries and helping people through their anesthesia. like all of my life i was always the “mom” in my friend groups; i helped them through breakups, gave advice, promised everything would be okay. this could be shown in surgery but i just think it’s lots of pressure. everyone tells me “ew anesthesiologists get payed so much and they don’t do anything” and it’s not true. you have to put the many years of schooling after hs on the radar and the fact that you’re holding someone’s life in your hands.
I'm a truma surgeon fellow and I picked my specialty because of a 2 deployments to Afghanistan as a combat medic but the salary range for my specialty goes from 200k-400k literally based off of where I go for work. The supply and demand is very real for some specialists
I had full academic scholarships for both university and medical school. I was in the top 20 in my class and could’ve selected multiple high paying specialties but I selected pediatrics because that’s what I enjoyed most. I had a wonderful 20 year career in primary care general pediatrics, but when I left pediatrics to join FDA, my starting salary was more than I ever made practicing pediatrics in a metro area on the East Coast. And now I get to help thousands or more patients with my work rather than one patient at a time.
Truth!! Great video that’s concise & to the point, all while offering valuable content. Don’t just go for the money. Choose a specialty that will make you happy. You’ll be a better doctor as a result
Because everything is relative. If you’re comparing it to other specialties that’s not a ton. But if you’re comparing it to The average salary, That’s amazing
I agree with what Levi said. Also, you have to take into account that the average Dr graduates with $200k in debt, and that debt accrues exponentially during the 3-7 years when they are only making around 50k (residency).
Doctor salary has increased in recent years, but only numerically. When adjusted for inflation, doctors in the 80s and 90s were making about 33% more than their counterparts today, with much, much less student loan debt. There was also less hassle seeking billing from insurance companies, and fear of being sued for malpractice. People used to trust their doctors, but now they've become viewed as money-grubbing con artists. Patients file frivolous malpractice lawsuits because they believe their doctors are loaded, and want a piece of it. But even the highest payed doctors aren't uber-rich. Six figures (and even seven) is a very good income, but it's nowhere near the amount that professional football, basketball, and baseball players make. Most doctors couldn't afford a Ferrari, and the ones who could work so much they wouldn't be able to enjoy it. Doctors who live like professional athletes spend their paycheck as fast as they can get it, and don't have any savings
4 года назад+1
@@moistsqueegee9567 lol you can easily afford a ferrari making 300k are you dense? Oh the poor doctors don't make as much as superstars. Wtf is wrong in your little brain?
*In times like this,the best thing any American can do for him or herself is to have another source of income apart from his or her salary,invest wisely people!*
I'm 14 and I want to be a radiologist I'm kind of scared to give away 12 years of my life and failing. maybe I'm just thinking too far in the future maybe I should just get through high school first 😬😭😭😭
You just have to not think ahead too much that’s what negative thoughts do tells you that it won’t work out and you’ll fail you’re 14 enjoy your teen years once you get to that studying stage just make sure you get the help for studies and work hard if we want something we can achieve it you’ll just have to be very focused on radiology just take step by step
@@cp2342 I’m also 14 and have been overthinking about this for a month now just like OP. Thank you for saying this, this made me feel that I can do this, as long as I’m passionate enough and work hard for my dream.
I'm 15 ang planning to be a cardiologist :], 12 years is a lot, but thinking how long an average human lifespan is, it's acceptable. We're already using our time by staying all of our life in in school why not add more :] , as time goes by you wouldn't even notice it :].
My parents always tell me that I should study well and become a doctor because they don't want me to become a normal office worker (like them) because they say it's too toxic and I agree with that coz sometimes my mother gets gets home crying because of her boss, my father gets home really tired because of overwork yet having little pay (about $280 a month). They perceive doctors as rich and 'no bosses' to follow, and that was what I thought before too. I told them that what if I don't want to become a doctor, and they said that sometimes it is about practicality. I don't blame my parents tho. All the doctors around us in our little city have huge houses, lots of cars, etc.
just a reminder that a lot of physicians easily pay off their debt in about 5-6 years. This often isn't even the case for people who just went to a four year university.
This is like a really good video and at the same time a really good promotion for your site. I hope more people does it in a good way the way you guys do this.
An important note is that you're using general specialty salaries as the salary points, whereas, a retinal ophthalmologist's average salary is 619,000 per year versus the 332,000 number that you gave. Fellowships can make a massive difference!
I’ve always dreamt of being a cardiologist since my childhood. I lost many family members due to heart diseases and not being able to afford enough health car, made me realise if I were to become a cardiologist I could save many other people’s family members so that they can be alive and enjoy the moments my family members couldn’t.
I’m going for cardiologist. I originally wanted cardithoracic surgeon but found out that most hardly see there families due to the intense work hours. Now I wanted to work with something to do with hearts and blood but didn’t want those insane hours so just a normal cardiologist doctor is what I found best for me. I’ve lived in Oklahoma my whole life and can definitely see why they have to pay more here lmao I hate Oklahoma
Same, I’m in love with cardiology so I’m probably gonna go for it, I plan to pursue uni in Canada and settle there too. It feels nice to know what I wanna do in life so I can set off on a correct path early on
I've seen like 5 videos of doctors who have their own practice and have full control of their hours. Yes you learn the business side, but you'll have a lot more control of schedule day to day and week to week basis.
Petition to let every frontliner have a higher raise than people who make videos effortlessly and mostly doing nothing abt their title as "influencers."
I know you guys are a USA based company but I would love for some videos like this to include stats for Canada. I have a feeling stats would be different because healthcare here is payed for through taxes
my dad is a brainsurgeon and he's 51 now. he finished gymnasium (college) with the highest gpa at his school. now he own's a corvette, Volvo XC90 Camaro ss mustang gt convertible, Audi A5. we live in Denmark in a big mansion with pool and other cool gadgets (this Is not a flex, I just wanted to tell you how a brainsurgeon can live). my dad worked very hard to complete his education. and he made it. AND NO he really doesn't care about money. im 20 years old, AND NO my dad is not spoiling me with money or other cool things. I got a my first job 2 months ago, and I wasn't allowed to drive his sportscars until I got a job. best thing that has happened to my, now I make my own money and I can drive his cars. btw im not smart at all, my English sucks aswell and I moved to Australia 4 Years ago but moved back to Denmark 2 years ago.
Going into my third year of music but I realized I want to become a psychiatrist, despite all the support for music I have received. I definitely feel like I have a lot to contribute to this field, and I know I would enjoy doing this for my lifetime. I've never considered money a huge factor, I just find this interesting! I'm so excited to start this new journey.
I am 13 (8th grader) and I want to become a trauma surgeon. As someone who messes around in class constantly I want to set goals and help in the healthcare system. I want to be able to fix those whom may have to lose limbs or not be able to do something again. I don’t think about the money I think about the hard work that follows
After Bill's and taxes if you're neting more than 90K a year you're making more than most of the people in the US. That plus doing something you love sounds like a good deal to me.
i'm a 15 years old teenager here, dreaming of becoming a dermatologist bcs i have lots of skin problems, i don't want other people to get what i've been through. and what a surprise dermatologists make lots of money too. a win win solution huh.
A lot of people don’t realize that during those years in uni/college or med school or whatever you can still have a life and a family. It will be difficult but if you really want a family bf/gf or just anything but study and school, Go at it!
Private practice is where it is at. I like the business side. I like hiring the staff I want. I love not having an admistrator tell me what emr to use or what equipment to buy. I take less vacation than my employed counterparts. However, I need less vacations because I'm not as stressed. I enjoy going to work and still feel that way after 25 years.
These surveys are misleading to some degree. Ultimately high volume practices with large surgical/procedure volume pay the most. In my specialty of ophthalmology the pay is highly variable. If you are mostly medical and low volume the pay is low 200’s. High volume refractive cataract surgeons can easily make 1 million plus.
Its annoying when people look down on Paediatricians , Paediatrician also perform procedures on kids and Taking care of neonates and kids is not easy... Thank you
there are some schools in europe that offer free education to even international students... its something to consider. Even If you just have to pay living expenses it still way cheaper.
German universities are super cheap Studying in georgia is not too costy France too is an option best medical school in france according to my Dr is in Marseille Good luck !
@@mae8142 I would say look into going abroad extensively and if you want to practice in usa or abroad because matching into residency may be a problem if you plan on returning to the usa
Haven't met one that speaks decent English in my 40 yr career! Doesn't affect their skill but a pain for team communication, patient following directions during procedures.
I am from India( low income country ) and we work with Psychiatrists making more than 15 million dollars a year and they barely work for 8 hours a week .Money can be earned through your talent .
I was a little discouraged because I wanted to do endocrinology and found out they were on the lower end of pay, around 253k a year in arizona on average, which is a lot but nothing compared to urologists or cardiologists, but then I realized 253k is a boat load of cash, enough to live a decently happy life with a family and still put a ton away for retirement once you become more stable income wise. My mom makes 12k a year, my dad 40k, and we honestly live fairly comfortably all be it we make lots of smaller sacrifices like vacations and larger presents. So making at most 10 times that salary would be incredible
Same! I have the same perspective, to a lot of people with privileged backgrounds they may complain but coming from a poor family these privileged kids don’t realize
It's not only about what you make it's what you keep. My dad was a non MD VP COO of a Hospital and when he died he was loaded. His best friend was a Neurosurgeon making twice the salary yet that doctor spent the money instead of investing.
I live in Bosnia and Herzegovina, on Balkans. In most of Ex-Yugoslavian countries doctors earn between 10-15000€ per year, which is about 16-17000$ per year. For most other countries this is a very bad salary but it's actually one of the most profitable jobs on Balkans, still. Our medical system is focused on solidarity, tolerance, altruism, which means that 95% of all procedures are completely free for everyone. Also, our doctors often get compensations from patients as an act of gratefulness, so the average year salary I sad can be a little bit higher considering these compensations. These are some differences between Southeastern Europe and Western and American medical systems that I wanted to share 🙂🙂
I would appreciate that if u make a video on Psychiatrist like; about the study methods, ups and downs ,salaries etc . And thanks for all ur videos it really helps us the students like me those who wants to aspire this profession
Averages don't paint an accurate picture, the median is what's important; the distribution of wealth for most physician specialties is typically skewed.... plz put more thought into the statistics and what they mean because otherwise thousands of people that watch your videos will have an inaccurate picture of the world of medicine itself.
I don't really care about the specialties as long as I become a doctor. But if I were to choose, it'd be one of these: 1. neurosurgery 2. cardiothoracic surgery 3. gastroenterology 4. hematology/oncology - a not-so-sure-if-i-will-proceed-to-med-school person
Psychiatrists are earning more not only because there is increased demand, but because the reimbursement from Medicaid just increased significantly. So their salary increase is owed to much more than what a simple supply/demand curve can explain.
People, choose the specialty that you like the most... For example I never thought about a surgery field, because I hate it (it’s too repetitive and boring for me). I prefer internal medicine and it’s branches because I really love physiology, pathophysiology and pharmacology.
Med School Insiders, Oh! I’m sorry if I gave you the wrong idea. But I have seen in a lot of videos on RUclips that a lot of people (of course not everybody) give too much importance to money and prestige in order to select their path (and I don’t know why this video gave me that sensation). For example how much money some specialties make vs the others. And to be clear I know that you tell in the video that money is not something you should consider as an important reason to study medicine. So in my first comment I am not saying that the video is telling us that idea. And please do not misunderstand me, but I am tired of videos that sell the idea of “the top specialties, top salaries, top scores etc”... and of course I am going to change my first comment in order to not give the wrong idea.
I saw ophtho at 350k on your chart but (and I dont know if other specialties are like this) I've seen ophthalmologists making around 350k and others making over 3M easily (Lasik, refractive lensectomy) and I would say the majority around in thr range of 400k to 750k.
@@jaehongsong4904 Well my comments are not in reference to "median" rather range. It's impossible to calculate a true median unless all the high earners participate in the stats and generally they do not. I'll just tell you at my particular place of employment the lowest paid ophtho is around 500k. The highest is around 1.5M. The median is around 700k. Ophtho reimbursement is not "plummeting" because there's literally almost no way for it to go lower. However because of premium IOLs and other services, the income has held steady
@@jaehongsong4904 Here's an easy way to figure out the 350k figure is BS. Look at job openings and advertised salaries... they are minimum 300k some upwards of 500k. That is starting salary without productivity bonus.
Me too. I wanted to be a neurosurgeon even before I knew about the salary and when I realized neurosurgeons get paid a lot, I was happy because I get paid a lot to do what I love. I was inspired by Ben Carson.
Become an endodontist or orthodontist and make millions instead with MUCH less work and responsibility. They make $1-2 million/year in our city. Yes, I have direct knowledge of the fact.
Can anyone tell me whether being dermatologist is as time consuming as others like cardiology, etc. I want to become a dermatology but at the same time find time for myself as well as y family Pls help
I love your videos Doctor Jubbal but I think it would be more beneficial if you didn’t use medical abbreviations like PM&R since the majority of people are not going to know what these terms are that’s why they are watching your videos, to learn. Keep up the good work!
Agreed, though I do concede that such details probably only matter to people trying to go into the medical profession and they'll probably know or look it up.
The thing is, the people this information is most applicable to are the ones who know what PM&R is. It's actually the way other medical professionals call the specialty. Also, it isn't more than a google search away. Consider that actively seeking the information out may help you retain it better (active vs passive learning).
@@faithlesshound5621 although this can be backed up by research this opinion is also based on personal experience. I have two younger sisters and both have only pushed me to reach me goal more. I have shadowed and volunteered to make sure this is a profession I really want to pursue. :)
Actually a good one, think about it this way people are gonna get mental issues anyway at least now they are looking for treatment instead of denying it.
Great video! But I noticed that you didn’t go into specialities within specialities. For example: A heart surgeon could specialize in pediatrics, or they specialize in transplant. This would greatly affect the salary as pediatric surgeons generally earn substantially higher amounts than their adult counterparts, I know, I was told so by a congenital heart surgeon.
53 y.o doc here. For financial success, here are the rules. Rule 1, be careful who you marry. Rule 2, be careful who you marry. Rule 3, after residency, spend as much effort researching the stock market as you did studying medicine. I suggest a few thousand a month into index ETFs (ie S&P 500, NASDAQ) and a few other stocks. Create a performa based on the funds' 10 year annual average. Rule 4, avoid the baller spending until you can cover ALL your monthly living expenses (including mortgage) with your passive investment income. Rule 5, keep at least 3-6 months of living expenses in the bank in case of emergency, including a quick exit out of a bad workplace. Rule 6, see rules 1 and 2.
By the time Doctors are in their 40's they'll be making much more and will be well settled and stress free than any other professions. Tiktok stars/youtubers or even IT Professionals will be really struggling to even stay alive once they're phased out. Even now its not that bad. Even in a third world country a doctor is far well off than an average person. Competency is the key, money is the byproduct for us doctors.
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Honestly, sometimes I just click on your videos to hear the "What's going on guys, Dr. Jubbal, MedSchoolInsiders.com" rhyming with the bgm.
You need connections to do routine jobs that pay well.
Do you think a plastic surgeon (cosmetics) in LA or Beverly Hills would make like $2,000,000+ a year?
Med School Insiders Physicians pay is actually going down.
Physicians are being replaced with machines and mid-level providers. Job growth for Physicians is on the decline.
I really hate that you go through 8 years of school, 5 years of residency, rack up hundreds of thousands of dollars in debt and meanwhile some "tik tok star" is making more money per post than you are in a year
And youtubers are making more like wtf!!!!!
N E H A A The fact that people who play sports professionally like football players are getting paid more than physicians/surgeons. Which they work 60 hours a week and barely get any sleep.
サバレタ-しない i know right
I agree
It's all supply and demand. No one is sitting somewhere deciding who earns how much.
I’m literally 16, why am I stressing about this.
Hahaha, we are the same
Same
i’m 15😭
13
I’m 12
I wish the general population and especially a lot of foreign parents realized that not every doctor was making tons of money and living a glamorous life.
Adnan A hmm. I honestly think the general public’s idea of just how rich a doctor....any doctor Is perfectly accurate. In the thumbnail it’s a split screen between a “well off doctor” and a filthy rich doctor. I can almost guarantee u that despite the income varying wildly by specialty even a well off doctor is richer than the vast majority of the us population. Boo hoo, u only made 200K instead of the surgery average $300-$500k.
@@leilanidru7506 The doctor making 200k also went to medical school for years and forwent salary for those years, not to mention accumulated debt. The average medical school costs hundreds of thousands of dollars.
Imagine going through 10+ years of school and residency with loans and at the end of it still not living a lavish life lmaoooo
A V duh. Who in their right mind would undergo almost half a million dollars in debt for an average salary and payoff? Their income is their greatest weapon and it’s pays off in the long run. Of course they’ll be behind their peers in the beginning but obviously approx mid- late 30s their income shoots up and being a doctor actually pays off. Handsomely. Even if u account for the couple years it’ll take them to pay off that debt. They’ll be behind at first but will in the long run become part of the top 5% income earners in the US.
@@VidaV they do get paid in residency 🙄🙄
Heres an interesting question: Are you 'wealthy' if you work 60 hour weeks, are stressed and exhausted, but come home to a huge house?
60hr weeks are the average workweek for docs in the US. That's 5 12hr days a week....hardly overachieving.
@@nater88dawg Hope those people are doing something they really really enjoy! Because 60 work hours plus the related time getting ready for work means a lot of time!
It doesn't surprise me when a lot of older overworked doctors are fat and disgusting potatoes with tonnes of wrinkles and eye bags once I hear their schedules. They are always amazed that I keep up with and often know as much or more about whats new in their specialty since they don't have the time to keep up with research when they have those schedules and a family.
When you are hitting over 60 hours a week, I really think its valuable to hire a part time assistant. Maybe that might just be for cooking or cleaning, but you can also hire an online research assistant to keep you up to date.
Personally, I wouldn't have kids if I did 70 hour workweeks. Why produce children to farm them out to a babysitter? The point of having a family is to spend time with them. Kids need love more than they need an iPhone X or a brand new car for the 17th birthday. Let them get a used one.
All I want is to provide my family with the highest quality of life and means to succeed possible. So yeah.
Peolple that work 40 are going through that without the big house 😅 so yeah I’d rather work 60
duke1duke1 thats what poor people say
You shouldn't make your decision based on money.
And I'm doing plastic surgery.
Why are you doing plastics
Nimco Hussein he’s doing it for money lol
Austin Ryser 😂 true
Hypocrite. Enough said.
You look fine though, not much that need surgery
Me, a sophomore in high school binge watching and bracing myself to become a surgeon. Edit: i just graduated hs & majoring in polsci w/ a minor in accounting
Same, but I'm a freshman
Same, but I'm a freshman
Same
upcoming freshman 😂
livelykath same
If you are chasing the money in medicine you will never be happy
Mondo Med I can’t chase medicine if I don’t have money
That’s not the point of this video. Also if you don’t understand how much your future job will pay you you’re crazy.
Well money makes me happy and I am willing to work hard for it
Mondo Med tell that to my bank account!!
wrong
"If it only paid 50k a year"
*Cries in Eastern European
nita cezar Your education is cheaper though right? My medical school is 60,000 US dollar per year
@@FishBoneD14 well, yes it's free, and now salaries have a tendency to go up, but before they were around 30k, so i'd rather have 60k debt and a decent salary than no debt and shitty salary for the rest of my life. Hopefully when I finish things will be better:)
nita cezar 60x4 not just 60 lol 😆 so its 240.000$ and plus pre med which is 4 years so you’re looking at like 300.000-400.000$
@@99cezar But they also get to start their medical school journey sooner, because it's post-high school, not post-bachelor's, so it's not just a trade-off of money, but also time and preparation.
You could go work in the US right? Or other high paying places like the Netherlands or Australia.
"Money should not be the primary reason"
Chinese relatives say otherwise 😥
Davchan and latino parents and grandparents
My Black and Native American relatives whispering about med school in my ear.
And Indians too😕
It's all about being practical, they say
And African parents 😭
Hey! I'm a Stanford Pre-Med and I just wanted to say, all your videos are very informative and entertaining. Appreciate the effort in serving the incoming medical community.
What did you do to get straight As in AP classes? Considering you got to Stanford, you must've had a good strategy, and intelligence.
Lilliam Pumpernickle study
Lilliam Pumpernickle It definitely has to do with studying efficiently. While most people spend time reading and rereading, I created my own flashcards that didn’t necessarily involve memorizing, but tested my ability to think and explain a particular concept. Also, I’m really on top of my homework/tests so I absolutely don’t procrastinate. I find that scheduling helps you stay productive and allows you to enjoy leisure time without feeling guilt.
Lilliam Pumpernickle Good luck on your journey! I hope to see you here someday.
@@SunSunSunn thanks for replying lol. I'm equally as smart, or smarter than a good amount of the higher rank students in my school class, but effort really brings me down. I usually don't prioritize school work as soon as I get home. The procrastinstion gets the best of me haha. I'll try out your method next year( Ill need it) for AP chem, AP bio, AP English Lang, and APUSH
doctors may make a lot of money but not even have the time to enjoy it.
soccerjoker95 not true
They enjoy when they retire, just as most people.
bullshit. my doctor friends have boats, eat at the finest restaurants, take extravagant vacations and enjoy all manner of luxury.. there is plenty of time to enjoy it.
soccerjoker95 ideally, they should enjoy their career. Most are completely content
My dad is doctor and he works like 30h a week
While I’m here, thinking 70k+ every year is a lot.
It's enough to be comfortable if you're single, maybe a wife and 1 child, and not living in a ridiculous place like NY or CA. You definitely won't be vacationing in the Hamptons or Martha's Vineyard, though. No gambling trips in Monaco, no breakfast on the French Riviera. Hell, I made $80K last year and it really didn't feel any different than earning $55K - $65K, because I'm just putting more into retirement. So while my coworkers drive newer cars and have nicer clothes, I drive an 18 yr old car and usually keep shoes for 10+ years, clothes twice as long. I still have t-shirts from the 80s and 90s. If you ever get your income to $70K, just resist the temptation to spend more. You should save more, because you can't work forever, and you'll want to have fun when you're retired and can do whatever you want all day, every day.
SuperN0va Well, you can die before retirement and all of that sacrifice will be in vain. Besides, wenn you are old you no longer want trips or fancy cars. You will just wish health.
@@luiza2021 you make a great point, however even if I die tomorrow, I have a wife and children to think of, and one child is still school age. So my savings would not be in vane. Also, the things I want to do won't change when I'm retirement age. I'm 44 and still want to fly model rockets, play video games, enjoy astronomy, read books, and I will always be a "car guy". But of course I will want to be healthy. If I didn't save and lived like there was no tomorrow, I'd be guaranteed to be in terrible financial shape if I live to retirement. Risk vs reward says I should save, so that is what I do.
That's nothing
bro 50k every year is way more than enough if you are single
Sorry but if I go into 200k-300k in debt I want to get paid at least 300k a year so that I can recover from said debt within like six years so yes compensation will be a secondary factor
Google Will Know Legit the reason when its time I will try to match into anesthesiology, it’s the least amount of work and it pays rather well. I also like the field, but that itself is a secondary factor.
I’m not smart enough to become a doctor but I do recognize the fact that if you want to be rich or whatever, medicine is not the way to go, unless you go for something like spinal neurosurgery. The years and years it takes to earn the large salaries and the debt is altogether not worth it.
@@richboiz8804 I can't say it's the least amount of work. If you're looking for bang for your buck, I think EM is the best paid specialty per hour worked. Also, in anesthesia, you most likely have to do a fellowship unless you want to babysit CRNAs all day
You could pay that debt in two years if you do t live like your a millionaire
@@richboiz8804 I find it boring but otherwise you're right. After induction, most of the work, for better for worse, is done by nurses.
Averages don't always show the full story. Should've talked more about the median pay of doctors.
Ken Kernen tru💯 outliers and skewness of the data can paint a slightly deceiving picture.
Ken Kernen its surprising how many people will fall for averages as if there aren't typically extremes
Isn’t average and median the same thing. Lol.
Bubbas Ernie no. Average is the mean. And median is the middle. Mean is sum divided by the number of people or units or whatever. And median is literally just the middle of the data and the line in which 50% of the data falls below and 50% fall above. For example, if you put 12 people in a room (let’s call it the red room) and calculated their average income. Let’s say 10 of them are McDonald’s workers, 1 is bill gates and the other is warren buffet. Add their net worth and divide by 12 and the average or mean will come to billions of dollars but the two outlier billionaires in the room skewed the data and misrepresented the true income of the group. So say I wanna become a red room member and see that the average income is 55 billion dollars, this is misrepresentative because the vast majority of people in the red room don’t make that much. But if you were to draw a line down the middle it would give you a way more accurate representation of what ur most likely to make if u join the red room. Because the median isn’t affected by outliers. You just arrange the numbers from lowest to highest and the middle income is the median. Which means half make higher than that and half make lower than that. ( this middle income will likely be a McDonalds worker and not a billionaire because they are on the far end of the data set) I hope this long winded example made sense.......
Bubbas Ernie therefore, median is a far better representation of averages (for the most part) than the actual calculated average/mean. Because the mean is heavily affected by outliers.
You forgot to mention that the ones that pay the most require the most schooling(extra residency), take on a lot of risk, and are the most likely to get sued....
@TRP What? I know several doctors and all have been sued 5-10 times. It's pretty common, but yes that's why they have malpractice insurance
The Secret Surn if a patient dies or something goes wrong, which is so sad that they get sued since all they did was help as much as they could, i guess some people don’t understand that and just want someone to blame lol
Hear me out, we lower the cost of healthcare per capita by reducing physician salaries, including the specialist, but in turn allocate federal money so that every physician who makes it through medical school, residency, and dedicated x amount of years to being a practicing physician will never have to pay a cent of that debt back. That way physicians will become medical professionals for the right reasons, not the money. And they can’t complain about the ridiculous debt anymore. America is approaching a physician shortage, I think it would work. Not saying we pay them scraps, but nothing above 250k. Obviously if you own your own practice it’s different and more like a business, making the sky the limit.
@@AirKaos that sounds really good, but it prolly won’t work
@@jayg.4816 Agree. Just like communism, sounds like a great idea, but most likely wouldn't work
I'm a 13 year old 8th grader who dreams of becoming an endocrinologist
I'm not doing it for money , Its cause my mom is a diabetic patient for 20 years
You can do it!
Same .,.
Please do so! In my family, there is a long history of endocrine problems, but endocrinologists do not exist in my city :/
Many diabetics are handled by family doctors
@@joywebster2678 yes , sugar patients should never rely on the doctors in their area , they'll only end up with their conditions getting worse , I hope I'll become a humble one in the future to treat every single patient with my heart not for the money
My son is a intervention radiologist. It was four years undergrad while playing on the football team. Very difficult maintained a 3.82 gpa. Than four years medical school. Three years residency and that was about 50,000 a year. He worked 80 hours per week for that. His total cost of for education was about 360,000. Eleven years before he was fully fledged and done with residency. The cost of the education was not truly the total cost. He still had to have a car and gas money etc, while attending school. As one other person mentioned to me he spent almost as much time in college, medical school and residency as most people would going to elementary, middle school and high school. It’s crazy. I don’t know how he did it. In the end it was worth it because he loves his work and helping others. The financial portion… It’s more than what was listed at the top of the chart in this example. There was a time during his residency, as a father, I felt horrible. All he did was work, work and work. I remember a few times Face timing him And he was dozing off as we spoke after getting home. It definitely was a huge… Commitment
That’s so amazing to hear!
This is inspiring
wow.. thank you for posting this video... I always thought CALI had the top paying doctors lol... well as far as states a lot of people come to cali or oversees for plastic surgery .. i cant speak for the rest of the specialities.
Psychiatry may be nowhere to find among the stats, but I really want to pursue it still wholeheartedly! Hopefully, an opportunity knocks where I can practice it in the US. Thank you for this contents Dr. Jubbal. Great content as always!
They make very good money
I'm going to school to become a psychiatrist they make very good money maybe not have a million but more than enough money a year to be very comfortable and one of the biggest trade offs about being a psychiatrist is that you only work 40 hour weeks maybe a bit more but you can actually enjoy the money you make as compared to a surgeon (much respect to them) they make a good amount more money but they don't have much leisure time to enjoy it.
People just be saying money doesnt buy happiness. They right.
It buys u crazy ass happiness
So bill gates warren buffet is not happy
Fuck u
I heard that from emeniem
No no that is wrong it makes it more easy you can be depressed as f and have billions
How this can happen you may ask ez a girl that you loved left you cheat etc you have no friends and things like that
I was a medical recruiter for a few years, and one of the few things that's really bizzare is how many doctors live paycheck to paycheck. The old saying is true for most people their expenditures rise to the level of their salary. Like a doctor in primary care is expected by his peers and say very proud family etc. To live like a multi millionaire on a 200k income. That, and banks are predatory towards doctors a doctor with no credit is almost always going to get a loan because they have such a high guarantee of future income. I mean it’s astoundingly common for a doctor making 20k a month to have less than a thousand in savings.
lifestyle inflation is a bitch
Boohoo
No way they’d have less than 1000 in their savings lmao
@@Iamahumanehuman they absolutely positively do. Obviously not all of them but there’s no way for me to explain to you how common it is, they’ll just smoke their credit card and pick up a few extra shifts to pay it off. It’s far more common than you imagine it’s also common for them to call in with a sob story for an advance on their check. Again not all of them, but my god IT ABSOLUTELY happens
this is why when I become a doctor I’m gonna have a side hustle
binging on Med School Insiders videos for days now and I am not the least bit discouraged with anything, even with the length of training/residency and fellowship....part of why I still want to pursue this dream is because I know I'd be constantly busy and the fulfilling feeling that it brings.
Neurosurgery resident here. I didn't plan on NSGY going into medical school but I ended up here because I found my passion. It'd be asinine to choose one of these specialities based on salary, its simply too much work to justify the pay in comparison to other residencies.
If you're a high schooler or even an underclassman in college- don't worry about this stuff. Just go study to put yourself in a position where you can make the choices you want to.
Dr. Kevin Jubbal, I have to say your content is very informative. You will make me switch my major from engineering to medicine if I kept watching your videos!
*Please pray for me i wanna be Doctor!*
Ok bro
Okay, please close your eyes, I'm praying
You don’t pray to become a Dr you work hard for it
Boring!!😴😴😴 like everyone, i rly wants to know what u guys like in med 😷😷
Bad Otaku what I like about medicine is having acl reconstruction surgery and being thankful for my surgeon because without him I wouldn’t have been able to walk again... so I wanna help people the same way I was helped
I like cardiology I find it incredibly rewarding forget the money for a second its an awesome thing to improve or prevent a condition
Hey, I was having trouble becoming a doctor but when I found your channel, it helps me understand, thank you so much
Your videos has inspired me to become a doctor after nursing school.
Thank you and greetings from Germany!
@simply elizabeth Idk yet. I'm going to start nursing school in March.
In comparison to the American nursing school, nursing students in Germany get paid, there are more practical phases and you have slightly higher chances to get to study medicine when you finished the nursing program.
Tagträumerin Das ist großartig!
DO IT!!!😚
@aloha update: Nursing school is great. I just can't wait to get into med school to learn even more about medicine.
@@tagtraumerin5077 idk I heard nurses don't earn much. But I heard BSN rn nurses earn the most
That was such a smooth transition to advertise about this company lol
Hello beautiful
@@joezerchagas5273 creep
@Cinnamon Smiles how are you doing
i already know i want to be an anesthesiologist because i love watching surgeries and helping people through their anesthesia. like all of my life i was always the “mom” in my friend groups; i helped them through breakups, gave advice, promised everything would be okay. this could be shown in surgery but i just think it’s lots of pressure. everyone tells me “ew anesthesiologists get payed so much and they don’t do anything” and it’s not true. you have to put the many years of schooling after hs on the radar and the fact that you’re holding someone’s life in your hands.
People skills are a surprise in anesthesia, most are introverts who love chemistry and tech. You sound more like a recovery room RN
I'm a truma surgeon fellow and I picked my specialty because of a 2 deployments to Afghanistan as a combat medic but the salary range for my specialty goes from 200k-400k literally based off of where I go for work. The supply and demand is very real for some specialists
How was the EMT-B to Surgeon pipeline?
I haven’t gone to med school yet but this should probably help
I had full academic scholarships for both university and medical school. I was in the top 20 in my class and could’ve selected multiple high paying specialties but I selected pediatrics because that’s what I enjoyed most. I had a wonderful 20 year career in primary care general pediatrics, but when I left pediatrics to join FDA, my starting salary was more than I ever made practicing pediatrics in a metro area on the East Coast. And now I get to help thousands or more patients with my work rather than one patient at a time.
Truth!! Great video that’s concise & to the point, all while offering valuable content.
Don’t just go for the money. Choose a specialty that will make you happy. You’ll be a better doctor as a result
I’m glad I watch your videos because I share them with a UIC group called Medicina Scholars. Thanks for this
Maybe it's just me but this guy talks like making 200K a year isn't a lot
Because everything is relative. If you’re comparing it to other specialties that’s not a ton. But if you’re comparing it to The average salary, That’s amazing
I agree with what Levi said. Also, you have to take into account that the average Dr graduates with $200k in debt, and that debt accrues exponentially during the 3-7 years when they are only making around 50k (residency).
@@samuelsquires4585 Haha. Well here in Texas med school costs are almost close to European and Canadian schools.
Doctor salary has increased in recent years, but only numerically. When adjusted for inflation, doctors in the 80s and 90s were making about 33% more than their counterparts today, with much, much less student loan debt. There was also less hassle seeking billing from insurance companies, and fear of being sued for malpractice. People used to trust their doctors, but now they've become viewed as money-grubbing con artists. Patients file frivolous malpractice lawsuits because they believe their doctors are loaded, and want a piece of it. But even the highest payed doctors aren't uber-rich. Six figures (and even seven) is a very good income, but it's nowhere near the amount that professional football, basketball, and baseball players make. Most doctors couldn't afford a Ferrari, and the ones who could work so much they wouldn't be able to enjoy it. Doctors who live like professional athletes spend their paycheck as fast as they can get it, and don't have any savings
@@moistsqueegee9567 lol you can easily afford a ferrari making 300k are you dense?
Oh the poor doctors don't make as much as superstars. Wtf is wrong in your little brain?
I'm a successful pediatrician doctor who gets paid so much, what am I doing here?
How much do you make?
@@angiegarcia5094 guess more than 200k a year
@@xoafrin damn May I know your starting salary as well?
@@angiegarcia5094 starting was 180k since every year it increases 100k per year :)
*In times like this,the best thing any American can do for him or herself is to have another source of income apart from his or her salary,invest wisely people!*
I'm 14 and I want to be a radiologist I'm kind of scared to give away 12 years of my life and failing. maybe I'm just thinking too far in the future maybe I should just get through high school first 😬😭😭😭
im 14 too and i want to be an ortho or neurosurgeon or em doc. we can do this!
You just have to not think ahead too much that’s what negative thoughts do tells you that it won’t work out and you’ll fail you’re 14 enjoy your teen years once you get to that studying stage just make sure you get the help for studies and work hard if we want something we can achieve it you’ll just have to be very focused on radiology just take step by step
@@cp2342 I’m also 14 and have been overthinking about this for a month now just like OP. Thank you for saying this, this made me feel that I can do this, as long as I’m passionate enough and work hard for my dream.
I'm 15 ang planning to be a cardiologist :], 12 years is a lot, but thinking how long an average human lifespan is, it's acceptable. We're already using our time by staying all of our life in in school why not add more :] , as time goes by you wouldn't even notice it :].
@@rizardofloramor9734 Same here
My parents always tell me that I should study well and become a doctor because they don't want me to become a normal office worker (like them) because they say it's too toxic and I agree with that coz sometimes my mother gets gets home crying because of her boss, my father gets home really tired because of overwork yet having little pay (about $280 a month). They perceive doctors as rich and 'no bosses' to follow, and that was what I thought before too. I told them that what if I don't want to become a doctor, and they said that sometimes it is about practicality. I don't blame my parents tho. All the doctors around us in our little city have huge houses, lots of cars, etc.
just a reminder that a lot of physicians easily pay off their debt in about 5-6 years. This often isn't even the case for people who just went to a four year university.
If a physician becomes frugal, they can pay it off even within a year or two
This is like a really good video and at the same time a really good promotion for your site. I hope more people does it in a good way the way you guys do this.
So what about OBGYN? I feel like that is one of the important ones that everyone forgets 😂
Same, I want to be an OB GYN so it was kind of concerning when it didn’t make a single list 😂
It was way down but was on the list.
An important note is that you're using general specialty salaries as the salary points, whereas, a retinal ophthalmologist's average salary is 619,000 per year versus the 332,000 number that you gave. Fellowships can make a massive difference!
I’m just a tech and I work in surgery I love it there hopefully one day I can be a RN or doctor
I’ve always dreamt of being a cardiologist since my childhood. I lost many family members due to heart diseases and not being able to afford enough health car, made me realise if I were to become a cardiologist I could save many other people’s family members so that they can be alive and enjoy the moments my family members couldn’t.
I’m entering my Shih Tzu to a prestigious k9 school and hire private trainer. Hopefully one day he could be a Dogtor👌
*Doctor; )
@@supersarah5673 i don't think you understood what he/she meant.
Super Sarah r/wooosh
@@svscrib8922 lmaooo
@@supersarah5673 u so dumb
I’m going for cardiologist. I originally wanted cardithoracic surgeon but found out that most hardly see there families due to the intense work hours. Now I wanted to work with something to do with hearts and blood but didn’t want those insane hours so just a normal cardiologist doctor is what I found best for me. I’ve lived in Oklahoma my whole life and can definitely see why they have to pay more here lmao I hate Oklahoma
Same, I’m in love with cardiology so I’m probably gonna go for it, I plan to pursue uni in Canada and settle there too. It feels nice to know what I wanna do in life so I can set off on a correct path early on
Any advices for someone who's planning on taking cardio?
As I get older I realize that wealth has much more to do with how you use/finance your money than how much you make
I've seen like 5 videos of doctors who have their own practice and have full control of their hours. Yes you learn the business side, but you'll have a lot more control of schedule day to day and week to week basis.
Petition to let every frontliner have a higher raise than people who make videos effortlessly and mostly doing nothing abt their title as "influencers."
4:08 lol no, you're just super smart and your step scores were crazy good and you got a top specialty :)
At 5:00 minutes, " California is the best state to live in". Damn, times have changed between 2019 and 2021
I know you guys are a USA based company but I would love for some videos like this to include stats for Canada. I have a feeling stats would be different because healthcare here is payed for through taxes
my dad is a brainsurgeon and he's 51 now. he finished gymnasium (college) with the highest gpa at his school. now he own's a corvette, Volvo XC90 Camaro ss mustang gt convertible, Audi A5. we live in Denmark in a big mansion with pool and other cool gadgets (this Is not a flex, I just wanted to tell you how a brainsurgeon can live). my dad worked very hard to complete his education. and he made it. AND NO he really doesn't care about money. im 20 years old, AND NO my dad is not spoiling me with money or other cool things. I got a my first job 2 months ago, and I wasn't allowed to drive his sportscars until I got a job. best thing that has happened to my, now I make my own money and I can drive his cars. btw im not smart at all, my English sucks aswell and I moved to Australia 4 Years ago but moved back to Denmark 2 years ago.
do u need a stepmom xx
You need to get a life “I’m not spoiled but I got my first job at 20” cmon that’s so spoiled
Going into my third year of music but I realized I want to become a psychiatrist, despite all the support for music I have received. I definitely feel like I have a lot to contribute to this field, and I know I would enjoy doing this for my lifetime. I've never considered money a huge factor, I just find this interesting! I'm so excited to start this new journey.
Update.
I am 13 (8th grader) and I want to become a trauma surgeon. As someone who messes around in class constantly I want to set goals and help in the healthcare system. I want to be able to fix those whom may have to lose limbs or not be able to do something again. I don’t think about the money I think about the hard work that follows
how's 10th grade brodie
After Bill's and taxes if you're neting more than 90K a year you're making more than most of the people in the US. That plus doing something you love sounds like a good deal to me.
plus I feel like its extremely rewarding all around
i'm a 15 years old teenager here, dreaming of becoming a dermatologist bcs i have lots of skin problems, i don't want other people to get what i've been through.
and what a surprise dermatologists make lots of money too. a win win solution huh.
A lot of people don’t realize that during those years in uni/college or med school or whatever you can still have a life and a family.
It will be difficult but if you really want a family bf/gf or just anything but study and school,
Go at it!
Private practice is where it is at. I like the business side. I like hiring the staff I want. I love not having an admistrator tell me what emr to use or what equipment to buy. I take less vacation than my employed counterparts. However, I need less vacations because I'm not as stressed. I enjoy going to work and still feel that way after 25 years.
These surveys are misleading to some degree. Ultimately high volume practices with large surgical/procedure volume pay the most. In my specialty of ophthalmology the pay is highly variable. If you are mostly medical and low volume the pay is low 200’s. High volume refractive cataract surgeons can easily make 1 million plus.
An old friend is an ophthalmologist with a large surgical practice. He grosses between 3 and 5 million.
5:59 would make for an interesting video
Its annoying when people look down on Paediatricians , Paediatrician also perform procedures on kids and Taking care of neonates and kids is not easy... Thank you
Can you do video about anesthesiologist ?
Fun field. Could even say it's a gas!
@@wholeNwon after watching kids saying funny things while they are under, I think it is an appropriate field for me! XP
@@zachhugs4646 Hope you're joking.
I am joking, but it is definite a plus for that field!
wholeNwon Why would it be a problem if they weren't 'joking', don't be such a party pooper.
I Wana go to med school but the costs, oh my dear God!!! My spirit just sinks when I think about it.
there are some schools in europe that offer free education to even international students... its something to consider. Even If you just have to pay living expenses it still way cheaper.
@@suras8984 That is incredible. Thanks so much for sharing this advice. I didnt know about it. Will do some research. Thanks a lot.
German universities are super cheap
Studying in georgia is not too costy
France too is an option best medical school in france according to my Dr is in Marseille
Good luck !
Sura S do you know the names?
@@mae8142 I would say look into going abroad extensively and if you want to practice in usa or abroad because matching into residency may be a problem if you plan on returning to the usa
Interventional radiology will be the next highest paid branch in comin' years
Haven't met one that speaks decent English in my 40 yr career! Doesn't affect their skill but a pain for team communication, patient following directions during procedures.
this was really interesting!
please make a video on hospital administrators - their challenges, salary and everything. Thank you!
I am from India( low income country ) and we work with Psychiatrists making more than 15 million dollars a year and they barely work for 8 hours a week .Money can be earned through your talent .
Do you understand difference between dollar and rupee?? 15 million dollar is 120 crore rupees.... Lol lmao
@@Zkshat exactly 120 crore Rupees . You can come here and see .
It's hard to believe , don't get carried by the bullshit these people are telling
Please do visit us when ever you want .All the best .
I was a little discouraged because I wanted to do endocrinology and found out they were on the lower end of pay, around 253k a year in arizona on average, which is a lot but nothing compared to urologists or cardiologists, but then I realized 253k is a boat load of cash, enough to live a decently happy life with a family and still put a ton away for retirement once you become more stable income wise. My mom makes 12k a year, my dad 40k, and we honestly live fairly comfortably all be it we make lots of smaller sacrifices like vacations and larger presents. So making at most 10 times that salary would be incredible
Same! I have the same perspective, to a lot of people with privileged backgrounds they may complain but coming from a poor family these privileged kids don’t realize
2:35 tells you about our society
Hello beautiful
It's not only about what you make it's what you keep. My dad was a non MD VP COO of a Hospital and when he died he was loaded. His best friend was a Neurosurgeon making twice the salary yet that doctor spent the money instead of investing.
So much truth in this comment.
Physicians/surgeons are usually terrible investors.
If you want to be the richest man in the graveyard, run the hospital, don't treat the patients.
I live in Bosnia and Herzegovina, on Balkans. In most of Ex-Yugoslavian countries doctors earn between 10-15000€ per year, which is about 16-17000$ per year. For most other countries this is a very bad salary but it's actually one of the most profitable jobs on Balkans, still. Our medical system is focused on solidarity, tolerance, altruism, which means that 95% of all procedures are completely free for everyone. Also, our doctors often get compensations from patients as an act of gratefulness, so the average year salary I sad can be a little bit higher considering these compensations.
These are some differences between Southeastern Europe and Western and American medical systems that I wanted to share 🙂🙂
I would appreciate that if u make a video on Psychiatrist like; about the study methods, ups and downs ,salaries etc . And thanks for all ur videos it really helps us the students like me those who wants to aspire this profession
I live in australia and they let you pay your student money for college when you start working so after you become a doctor you can pay it off
Really? I'm Aussie aswell good to know.
I'm 23 and I've always wanted to be a doctor. Ugggh I may have to go out on that limb
Never too late. People go to med school when they’re 40.
Averages don't paint an accurate picture, the median is what's important; the distribution of wealth for most physician specialties is typically skewed.... plz put more thought into the statistics and what they mean because otherwise thousands of people that watch your videos will have an inaccurate picture of the world of medicine itself.
What's the difference between average and median then?
@BabylonianDynamics A troll on the web. You may be smart but not wise. Look up and live what wisdom is, takes a life time...
@BabylonianDynamics Well taken. Just looked it up, thanks.
I don't really care about the specialties as long as I become a doctor. But if I were to choose, it'd be one of these:
1. neurosurgery
2. cardiothoracic surgery
3. gastroenterology
4. hematology/oncology
- a not-so-sure-if-i-will-proceed-to-med-school person
Psychiatrists are earning more not only because there is increased demand, but because the reimbursement from Medicaid just increased significantly. So their salary increase is owed to much more than what a simple supply/demand curve can explain.
People, choose the specialty that you like the most... For example I never thought about a surgery field, because I hate it (it’s too repetitive and boring for me). I prefer internal medicine and it’s branches because I really love physiology, pathophysiology and pharmacology.
Med School Insiders, Oh! I’m sorry if I gave you the wrong idea. But I have seen in a lot of videos on RUclips that a lot of people (of course not everybody) give too much importance to money and prestige in order to select their path (and I don’t know why this video gave me that sensation). For example how much money some specialties make vs the others.
And to be clear I know that you tell in the video that money is not something you should consider as an important reason to study medicine. So in my first comment I am not saying that the video is telling us that idea. And please do not misunderstand me, but I am tired of videos that sell the idea of “the top specialties, top salaries, top scores etc”... and of course I am going to change my first comment in order to not give the wrong idea.
I saw ophtho at 350k on your chart but (and I dont know if other specialties are like this) I've seen ophthalmologists making around 350k and others making over 3M easily (Lasik, refractive lensectomy) and I would say the majority around in thr range of 400k to 750k.
nope. Median for ophtho is around 350k, nowhere near 750k. Ophtho reimbursement plummeted and it is getting more difficult to make like that
@@jaehongsong4904 Well my comments are not in reference to "median" rather range. It's impossible to calculate a true median unless all the high earners participate in the stats and generally they do not. I'll just tell you at my particular place of employment the lowest paid ophtho is around 500k. The highest is around 1.5M. The median is around 700k. Ophtho reimbursement is not "plummeting" because there's literally almost no way for it to go lower. However because of premium IOLs and other services, the income has held steady
@@jaehongsong4904 Here's an easy way to figure out the 350k figure is BS. Look at job openings and advertised salaries... they are minimum 300k some upwards of 500k. That is starting salary without productivity bonus.
I always wanted to be a neurosurgeon. Now I can be and get paid for the job I love!!
Me too. I wanted to be a neurosurgeon even before I knew about the salary and when I realized neurosurgeons get paid a lot, I was happy because I get paid a lot to do what I love. I was inspired by Ben Carson.
Wait for the video on salary of hospital administrators!!
You are very creative! My respect!
In my 45 year Medical Career, I met one Neurosurgeon who married one woman and stayed married to her all his life. They earn every penny...
I want to specialize in pathology
-Okay salary (270K per year)
-No patients to interact with
-I can blast death metal and no one will complain
The man who graduated first in our class became a pathologist. Top med. school in eastern U.S.
Yaaaaassssssssss
Good choice if you love lab work and want to prioritize family time.
Become an endodontist or orthodontist and make millions instead with MUCH less work and responsibility. They make $1-2 million/year in our city. Yes, I have direct knowledge of the fact.
Can anyone tell me whether being dermatologist is as time consuming as others like cardiology, etc. I want to become a dermatology but at the same time find time for myself as well as y family
Pls help
This broke all my dreams😭
I love your videos Doctor Jubbal but I think it would be more beneficial if you didn’t use medical abbreviations like PM&R since the majority of people are not going to know what these terms are that’s why they are watching your videos, to learn. Keep up the good work!
Agreed, though I do concede that such details probably only matter to people trying to go into the medical profession and they'll probably know or look it up.
The thing is, the people this information is most applicable to are the ones who know what PM&R is. It's actually the way other medical professionals call the specialty. Also, it isn't more than a google search away. Consider that actively seeking the information out may help you retain it better (active vs passive learning).
I am really excited to start my summer job shadowing a pediatrician!
money does not buy happiness but it surely makes it harder to be depressed.
I love working with my hand!!
“Doctors are rich”
Laughs in jr doctor
What’s that?
Hamd yes ma’am. I’ve never heard of a junior doctor before. What do they do?
what’s a junior doctor?
@Hamd You become a junior doctor after you graduate. But I'm on about UK so idk
@@curismo5526 how much do you get paid per month??
I want to be a pediatrician because of my love for kids & science!
For some young women, that overwhelming desire to work with children goes away once they have children of their own.
@@faithlesshound5621 although this can be backed up by research this opinion is also based on personal experience. I have two younger sisters and both have only pushed me to reach me goal more. I have shadowed and volunteered to make sure this is a profession I really want to pursue. :)
Being a Pediatrician is hard, but has relatively less stress, and it can be rewarding. Are you currently in school? This comment is old.
Hello beautiful
I am glad u mentioned that race gender and age affect compensation
Don’t know how.
If you want to become a doctor just because of money trust me you will hate it. You must LOVE this sort of thing to go into med school! Trust me!
Is the increase in demand for psychologists a good or bad thing?
Definetly a bad one
Actually a good one, think about it this way people are gonna get mental issues anyway at least now they are looking for treatment instead of denying it.
Depends, are you a psychiatrist?
Depends on whether you are the practitioner or the patient.
@TRP Yeah but if you can solve problems by talking with a psychologist, psychiatrists dont get the pharma money off your prescription.
Don't be a doctor just because of the pay.
@@NickRoman False.
Everyone fuckin says that
Why ?
@ i want to be a dermatology but I won't be saving people .
Loveduhmusic but i want the money
Great video!
But I noticed that you didn’t go into specialities within specialities.
For example: A heart surgeon could specialize in pediatrics, or they specialize in transplant.
This would greatly affect the salary as pediatric surgeons generally earn substantially higher amounts than their adult counterparts, I know, I was told so by a congenital heart surgeon.
The name for that is fellowship
53 y.o doc here. For financial success, here are the rules.
Rule 1, be careful who you marry.
Rule 2, be careful who you marry.
Rule 3, after residency, spend as much effort researching the stock market as you did studying medicine. I suggest a few thousand a month into index ETFs (ie S&P 500, NASDAQ) and a few other stocks. Create a performa based on the funds' 10 year annual average.
Rule 4, avoid the baller spending until you can cover ALL your monthly living expenses (including mortgage) with your passive investment income.
Rule 5, keep at least 3-6 months of living expenses in the bank in case of emergency, including a quick exit out of a bad workplace.
Rule 6, see rules 1 and 2.
Who you marry as in? Could you Be specific ?
By the time Doctors are in their 40's they'll be making much more and will be well settled and stress free than any other professions. Tiktok stars/youtubers or even IT Professionals will be really struggling to even stay alive once they're phased out.
Even now its not that bad. Even in a third world country a doctor is far well off than an average person. Competency is the key, money is the byproduct for us doctors.