How is life as a doctor in Singapore?

Originally Posted by Unregistered

breast cancer???

I am the 50 year old GP who is looking forward to retirement soon with couple combined networth of S$5mil.

I had Stage 1 c Breast cancer 2 years ago.

Working in a private chain now.

Originally Posted by Unregistered

ex-NHS consultant here and I do not know if I would say staying in the UK is better. Almost everyone I know of who returned to SG got into their choice of residency. Some went back home because they could not get into the residency in the UK and got their first choice residency in SG. Plastic surgery, ophth, etc.

One wanted to do ophth in SG, but changed his plan and ventured into aesthetic medicine. Unsuccessful in that, so went to do GP.

Bottom line is residency in SG is really doable. I dont know why some of the UK bros had more friends who failed to get into residency. Also what is the point of comparing with NUS grads having it more difficult in med school and residency?

is it better to sp or do GP? no right or wrong answer. I chose to specialise because I am not good with generalisation. Back when I was in med school, my plan was just to get that med degree and work 4 days a week post HO. After graduation, I wanted to specialise. Both specialists and GP compliment each other. Get that medical degree first. Poor doctors do not exist.

Someone has said that his GP friends are earning 220k pa. I think comparing salaries itself is shallow. These people may have the luxuries of spending more time with their families. I rather spend less and being able to accompany my ageing mom to her hospital appts. A lot of things in life cannot be measured with money. Whatever you choose to do, be it specialisation, Gp or aesthetic medicine, remember your time with family is limited. Choose wisely.

I think both are fine lah. My batch most who returned got what they wanted. Those who became GP also was by choice one

Originally Posted by Unregistered

ex-NHS consultant here and I do not know if I would say staying in the UK is better. Almost everyone I know of who returned to SG got into their choice of residency. Some went back home because they could not get into the residency in the UK and got their first choice residency in SG. Plastic surgery, ophth, etc.

One wanted to do ophth in SG, but changed his plan and ventured into aesthetic medicine. Unsuccessful in that, so went to do GP.

Bottom line is residency in SG is really doable. I dont know why some of the UK bros had more friends who failed to get into residency. Also what is the point of comparing with NUS grads having it more difficult in med school and residency?

is it better to sp or do GP? no right or wrong answer. I chose to specialise because I am not good with generalisation. Back when I was in med school, my plan was just to get that med degree and work 4 days a week post HO. After graduation, I wanted to specialise. Both specialists and GP compliment each other. Get that medical degree first. Poor doctors do not exist.

Someone has said that his GP friends are earning 220k pa. I think comparing salaries itself is shallow. These people may have the luxuries of spending more time with their families. I rather spend less and being able to accompany my ageing mom to her hospital appts. A lot of things in life cannot be measured with money. Whatever you choose to do, be it specialisation, Gp or aesthetic medicine, remember your time with family is limited. Choose wisely.

well said, well said.

in this forum , those v focused on money talking about aesthestics and etc what not are either student or trolls.

Originally Posted by Unregistered

I am the 50 year old GP who is looking forward to retirement soon with couple combined networth of S$5mil.

I had Stage 1 c Breast cancer 2 years ago.

Working in a private chain now.

How much passive income you have?

Liquid assets?

Should have enough to retire. But not enough to leave for kids to flourish.

Originally Posted by Unregistered

How much passive income you have?

Liquid assets?

Should have enough to retire. But not enough to leave for kids to flourish.

We r a couple in early 50s

Assets (2 landed properties, one in Sg , one in Msia) = S$4.8 mil + S$ 500k
Net liabilities (Sg mortgage debt) = S$ 1.707 mil
Cash = S$500k
CPF = $700k

Total networth = Total assets - Total liabilities
= S$6.68 mil - S$ 1.707 mil
= S$ 4,793, 000

Plus shares S$141k so about S$5mil.

Our passive income now is from rental of our Austin Heights JB semid.
Still looking for tenants.

Passive income from rental about S$1000 plus.

Originally Posted by Unregistered

I think both are fine lah. My batch most who returned got what they wanted. Those who became GP also was by choice one

I am the rads AC and I can tell you probably your information is outdated.. yes it used to be less competitive in SG during your time because there’s only 1 med school YLL.

But now there’s NTU and Duke NUS as well. Also many kids go abroad for med school now.

Just had a chat with a fellow FM AC he revealed to me this year alone more than 800 people applied for 150 FM spots.. even FM is competitive now. Don’t even mention specialties like ENT. Even rads has a long waiting list. Had a MO doing his 4th MOPEX posting with us.. he’s still trying to get into rads training.

It’s not that easy now. Aesthetics and GP as well. Very saturated. Not easy to thrive.

Better specialise because it guarantees an iron rice bowl for life

Originally Posted by Unregistered

I am the rads AC and I can tell you probably your information is outdated.. yes it used to be less competitive in SG during your time because there’s only 1 med school YLL.

But now there’s NTU and Duke NUS as well. Also many kids go abroad for med school now.

Just had a chat with a fellow FM AC he revealed to me this year alone more than 800 people applied for 150 FM spots.. even FM is competitive now. Don’t even mention specialties like ENT. Even rads has a long waiting list. Had a MO doing his 4th MOPEX posting with us.. he’s still trying to get into rads training.

It’s not that easy now. Aesthetics and GP as well. Very saturated. Not easy to thrive.

Better specialise because it guarantees an iron rice bowl for life

I’m very keen on ENT so i’ll be doing that. However, my seniors from 2 years above modtly got into residency and had success. Imperial med

Originally Posted by Unregistered

I am the rads AC and I can tell you probably your information is outdated.. yes it used to be less competitive in SG during your time because there’s only 1 med school YLL.

But now there’s NTU and Duke NUS as well. Also many kids go abroad for med school now.

Just had a chat with a fellow FM AC he revealed to me this year alone more than 800 people applied for 150 FM spots.. even FM is competitive now. Don’t even mention specialties like ENT. Even rads has a long waiting list. Had a MO doing his 4th MOPEX posting with us.. he’s still trying to get into rads training.

It’s not that easy now. Aesthetics and GP as well. Very saturated. Not easy to thrive.

Better specialise because it guarantees an iron rice bowl for life

hmm... you seemed to think that NTU and Duke NUS were before our times.
Specialisation does not guarantee an iron rice bowl.

Originally Posted by Unregistered

hmm... you seemed to think that NTU and Duke NUS were before our times.
Specialisation does not guarantee an iron rice bowl.

I mean being a doctor does in general

Originally Posted by Unregistered

We r a couple in early 50s

Assets (2 landed properties, one in Sg , one in Msia) = S$4.8 mil + S$ 500k
Net liabilities (Sg mortgage debt) = S$ 1.707 mil
Cash = S$500k
CPF = $700k

Total networth = Total assets - Total liabilities
= S$6.68 mil - S$ 1.707 mil
= S$ 4,793, 000

Plus shares S$141k so about S$5mil.

Our passive income now is from rental of our Austin Heights JB semid.
Still looking for tenants.

Passive income from rental about S$1000 plus.

Net worth no point talking only to Hao Lian boast about yourself.
Which I know you enjoy.
Pragmatically unless you plan to downsize and live off savings and rental
You should invest in income type assets.
$1k a month so little rental is pathetic. No wonder you still need to work!
Nothing to crow about saying net worth $5m from buying property.
Many people have more.
But those with liquid assets and dividends is the true way to go.