Ndubuisi 'Andy' Egwim addresses doctors feeling financially behind despite hard work. A Moneywise Doctors Survey found 72% worried about their financial position for their age and 68% anxious about retirement. Medical training delays financial progress, and many attendees of his workshops wish they'd learned investing and tax strategy 10 to 20 years earlier.
Do you ever feel financially behind for your age? You've worked incredibly hard, you've done everything right, and yet somehow you still feel like you're running out of time financially. You're not hitting the goals you were hoping to hit. Honestly, you're not alone. In a recent Moneywise Doctors Survey, 72% of medics, doctors, and healthcare professionals said they're worried about their financial position relative to their age, and 68% said they sometimes worry that they won't have enough money to retire comfortably. In their 60s. Now think about that for a second. These are highly educated professionals like doctors. We are like highly skilled, trained for many years, and we're trusted with life and death decisions every single day. And yet financially, many of us quietly feel anxious and a bit overwhelmed. And after speaking to thousands of doctors over the years, I see the same pattern constantly. Now doctors saying things like, I wish someone taught me these things a bit earlier, maybe 10 years ago. Or after attending some of our investing masterclasses or some of the tax workshops, I hear things like, I wish I learned 10 or 20 years ago, I would have been far better off now. Because medicine has a way of delaying your financial life, and that could happen for a lot of people in medicine. You spend years, decades studying, surviving exams, working nights, sacrificing your 20s and your 30s, some people even their 40s. And one day you wake up, you're 35, you're 40, you're 45 or 50, and you suddenly realize, well, I've earned well, but I still don't actually feel financially secure.
