Top 1% US income 600K - I would say 10% of docs avg this
Top 1% net worth 11M - Achievable for most docs becoming attendings around 30 yrs.
30 Yr old doc makes 350K and 300K debt. 250K take home. Take 100K/yr and enjoy. 100k pay off loan. 50K savings for home
34 Y old doc now has debt paid off, 150K savings. Keep living on 100K/yr. Put 150K into market, use 150K down on a 500k home.
Market historical return S&P 10%, so 7 yrs to double your money.
Investment Calculator - SmartAsset
55 yr old doc (20 yrs of savings) putting 150K/yr into market will have right at 10M.
Just remember to close your eyes, ignore the market, and don't over react during bear markets.
Problem is most people do not have the willpower to keep putting in money regardless of market conditions. Problem is docs are not willing to live on 100K/yr a year. Problem is docs get married, have kids and 100K/yr is hard to live on. Problem is docs get divorced.
I am not an advocate of docs living on 100k/yr b/c I know I could not. If you want to live on 200k/yr, then increase your income to 450K/yr with extra work/side hustles.
Bottom line is, save 150K/yr x 20 yrs and you are top 1% net worth by 55. Do it til your 65 and you are at 27M. Don't put another dime in after 55 yrs old and you have 40M at 75.
Time is your friend. Start Early and put alot in early. Think the above is too hard, then try this. If you put 150K/yr x 10 yrs and do nothing else at age 45, then at 65 you will have 21M. Still too hard? Put in 150K x 10 yrs and do nothing else at age 40, then at 65 you will have 12.5M. Still too hard? Put in 150K x 2 yrs you still have 5M at retirement and can live comfortably.