After the financial foundation has been set in the first five years after residency, there may be lifestyle adjustments to make for some. Now that your loans are paid off, you are saving adequately for retirement and you are properly insured, you might find yourself with some extra income and looking for answers as to what to do with it.

Most doctors don’t start earning a living wage until their 30s. Four years of undergrad, four years of medical school, three-to-five years of residency — that’s more than a decade of higher education before their first real job. Not to mention the tuition costs.

Doctors in today’s society face more financial hurdles than one may think. To start, most of these young professionals do not start earning a living wage until their 30s. After four years of undergrad, four years of medical school, and three to five years of residency, that’s over a decade of higher education to be completed before they start their first real job.