Can Pediatricians Build Wealth? A Resident Spouse’s Inside View Financially Free Physicians podcast

Can Pediatricians Build Wealth? A Resident Spouse’s Inside View

4M ago 23:05

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Pediatricians often earn less than other specialists. Is it financially viable? Get an insider’s perspective from financial planner Jared Costigan, CFP®, CSLP®, whose wife is a pediatrician in training.

This candid conversation pulls back the curtain on the economic realities of choosing children’s medicine, from managing six-figure student loans to understanding the impact of Medicaid reimbursements. You’ll discover practical insights for balancing professional fulfillment with prosperity in pediatric medicine.

Key moments:

(03:48) Medicaid reimbursements lag behind private insurance and Medicare rates (07:17) Job fulfillment matters more than any paycheck (11:59) Student loan forgiveness programs can reshape the ROI calculation for medical school (16:38) The income gap between pediatricians and other specialists (19:33) Choosing pediatrics makes sense even when financial math suggests otherwise

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19 episodes