Doctors are some of the highest-paid employees in the United States, but this isn’t always true around the world. The salaries and earnings of doctors vary tremendously from country to country, from one state or province to another, and from one medical speciality to another within each country. Of course, the type of healthcare system and supply of doctors in any area also plays a role in how much they earn and what their retirement prospects look like.
How much do doctors retire with Namibia?
Doctors in Namibia are entitled to a pension of 10% of their final salary per year worked multiplied by the number of years they have worked. The maximum benefit is capped at 60% of their final salary.
What factors affect how much money a doctor can make in retirement?
Doctors retire from their practice at different points depending on their circumstances. Factors that affect how much money a doctor can make in retirement include the following:
– Whether or not the doctor has a family
– How long the doctor has been practising for – The number of hours that are worked per week – What type of speciality the physician works in