Becoming a Financially Successful Dermatologist Starts in Residency

In episode 6 of Cutaneous Miscellaneous, our host Nicholas Brownstone, MD talks with Darrell S. Rigel, MD, MS, Clinical Professor of Dermatology and Director of the Melanoma Surveillance Clinic at the Mount Sinai Icahn School of Medicine in New York, NY. The episode begins with board review prep on melanoma. The following topics are discussed: emerging therapies and their adverse effects, important mutations to know for the boards, different subtypes of melanoma, and gene expression profiling. Dr. Brownstone and Dr. Rigel then spend the rest of the episode discussing tips on becoming a financially successful dermatologist. Dr. Rigel discusses the many types of insurance needed when starting practice. Dr. Brownstone then asks Dr. Rigel for tips on saving for retirement and when residents should get started. Dr. Rigel also breaks down key financial concepts such as inflation, interest rates, and tax policy and how these concepts affect dermatology residents. He spends the last part of the episode providing important investment advice when starting in practice and how investment strategies should change as residents progress in their careers. Learn how to protect your financial well-being and how to make your net worth rapidly grow after finishing residency!