In your opinion what are the pros and cons of going into medicine.
Cons:
-It is a long path
-Often in debt
-Have to work hard hours in medical school and residency and have to tap dance to arrogant attendings
-The profession can have a high rate of suicide compared to the general population
-risk of getting sued
-lack of autonomy (compared to the past)
Pros
-I'm just going to just recommend medicine/healthcare. Why? So this entire subforum is dedicated to 6 figs 6 certs. Healthcare consumes a large portion of the GDP hence you have a lot of jobs in that sector from nutrition to pharmaceutical companies to IT companies making hospital equipment to tech investing in health.
Everyone has a body and gets old so you have job security in fact probably one of the few areas where automation will break into the least.
No specifically medicine
-Black people can get into the field easier than asians and whites with the same stats (this is because as a breh you will be one of the few in your science classes)
https://www.aamc.org/download/321484/data/factstablea13.pdf
https://www.aamc.org/download/321514/data/factstablea24-2.pdf
-You can do it you need to take some youtube clips and read on how to study (verbalize as in read outloud while you are reading important stuff also find practice questions in physics, chemistry, organic)
-Black woman ratio to black men ratio is 2-1 you will be feasting heavily if you go to Morehouse, Meharry or Howard. I went with my state school because it was cheaper but still was involved in SNMA
-You get to help your community and your family to live longer because you can learn healthy habits like intermittent fasting. Trying to get 10,000 steps a day and other things.
-Helping other people in multiple studies show that helping others makes you happier
-wealth creation I pay 6k a month towards my loans 200k. I also max out my roth ira, my solo 401k. I have been one year out and I have 72k in my solo 401k. Plus a lot of jobs are independent contractors which means that you can start your LLC and get tax breaks for maxing out your retirement account.
-As a doctor you have job security and you can live anywhere in the US. In other professions you stay with your company like tech (sure you can make six figs but you HAVE to live in Cali so you make less comparatively) You make more as a doctor living in a rural area or you can do like me and live in ATL. You can really build wealth like no other.
Here are some sights about physician wealth
Backdoor Roth IRA Ultimate Guide and Tutorial
Home - Physician on FIRE