Chances are you became a doctor because you felt a calling. That’s admirable, of course. The world needs more helpers. And perhaps you still feel that calling, but do you feel it anywhere from 60 to 80 hours a week?
Much of the reason that I turned to passive income was to allow me to eventually cut back my hours so I could spend more time with my family and spend more time doing things outside of medicine that matter to me.
For the average physician, the standard 40-hour workweek is anything but standard. A doctor’s schedule can be brutal. 20% of physicians aged 40-69 work 61-80 hours per week. Two-thirds of doctors in that age group reported working 40-60 hours a week.
The younger generations today are putting more and more emphasis on work/life balance as a priority. People don’t want to just go to work, pay the bills, and try to save enough money so they don’t have to go to work when they get to retirement age.