When they are mid-career and they realize that the job they once loved never loved them back. Just because you’ve made it through training and have landed a good doctor job.
Start by taking inventory of how much you owe, to whom, and for what. There are different approaches to debt paydown that equate debt to snow-related objects for some reason, and I prefer the “debt avalanche.”
Decide which is most important to you, and go well above-average in that category, but be reasonable with the rest. With a multiple six-figure income, you can have nice things, but not all the nice things.
Most physicians can afford to max out all available retirement accounts, make student loan payments, and still set aside tens of thousands of dollars annually.