Pay Yourself First

There are some indications that the stock market may be coming out of its doldrums. Don't celebrate just yet, doctors. Your best bet is to forget about market movements for the time being and focus on saving all the money you can. Today's physicians—beaten up by market gyrations and falling incomes— should be saving at least 10% of their annual salaries. Wise financial advisors say this is the only way to ensure a comfortable retirement. Just consider what the following monthly savings (assuming a reasonable 8% annual return) will get you in your retirement kitty: