Financial Preparedness, US Physicians Research, Retirement

2013 Report on U.S. Physicians’ Financial Preparedness

June 13, 2013

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We are excited to provide the results of our 2013 Report on U.S. Physicians' Financial Preparedness.

In December 2012, AMA Insurance launched a national survey to better understand the prevailing attitudes and behavior of U.S. physicians in relation to their financial preparedness for retirement and critical income disruption risks that can happen along the way.

Core questions answered in this survey:

  • How financially prepared do you feel?
  • What is your level of personal financial knowledge?
  • How confident do you feel about your financial decisions?
  • What are your top financial concerns?
  • Do you have enough savings for retirement?
  • Do you have enough insurance protection?
  • Is your estate planning on track?

I would like to especially thank the 2,300+ physicians who responded and requested an early copy of the results. The analysis of the information they shared adds another important financial dimension to the changing profile of today's physicians.

This is our first large-scale report of physicians' financial preparedness and a study we plan to field on an ongoing basis.

Our objective is to provide regular updates and be a source for personal financial knowledge to physicians.

We invite you to learn more about what the survey uncovered and to reflect upon how you are doing personally on these measures. We are confident you'll find the results as intriguing and informative as we did, and look forward to your feedback and comments.

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J.Christopher Burke, MBA, FLMI 
President and Vice Chair, AMA Insurance 
physiciansinfocus@amainsure.com

 

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View the press release »

 
 

Email the report »

View report infographic »

 
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