Quote:
Originally Posted by Unregistered
Nowadays not everyone have the interest for residency. It’s a fast paced AI driven world.. everything is moving fast. Property prices will have skyrocketed out of control beyond your marginal gain in income by the time you are done with residency+ full accreditation as a specialist.
Someone like an aesthetic doc might already be semi retired due to his early stock/property investments, made possible because he chose to leave right after full reg instead of slogging another 8-10 years to be a full fledged specialist.
Also not all specialists are created equal. An ortho/ENT will exceed the earning potential of an average aesthetic doc but non surgical specs like renal/endo will struggle to even catch up.
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The gain in income upon becoming a procedural specialist is indeed not marginal. An SC in procedural spec in public can earn in the high 6 digits annually. A full C can also make in the mid 6 figures with a prceodrual case load. However, u are very right about the renal/endo. A renal cons makes less than a mid career aesthetic doc. If the aesthetic doc is savvy he can make a lot more and even match the earnings of a procedural specialist. Some non procedural can still catch up like haem onc/rad onc/IR etc.
Exited to aesthetics at 27, started at 18k/pm. Gained some experience moved up to 22k/pm. Now hopped to 35k/pm at 33, excluding performance bonuses. Hope to start my own clinic soon in the near future. Made substantial income in US stocks these last 6 years
Know of another guy who graduated same time as me. Doing his opthal training in the UK. He soon will return as Opthal AC. I think even though he made less during training, his career earnings will exceed mine.