Personal Finance (Not Investing) • Net Worth Averages in different professions

Reasonable goals of liquid assets:
Engineers: $5 MM
Physicians: $10 MM

So a two physician household would be $20M? Independent of specialization?

If each was earning around $1 million per year (surgeon, anesthesiologist, etc working long hours).

Engineer & lawyer in my family. If we worked until 65 we’d make 20M — assuming typical stock market returns. Neither particularly high paid for our professions. And we also spend a fair amount — not ultra-frugal by any means. We spend a lot on kids.

Statistics: Posted by Firemenot — Sat Jan 27, 2024 9:32 am — Replies 69 — Views 7183

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