wow what?? Mind blowing that there are specialities where the average NET (AFTER overhead) pay is ~700K for 6 specialities and 10 specialties make over 500K and 18 specialties make over 400K AFTER OVERHEAD in AB....average Family Doctor makes 250K AFTER OVERHEAD, am I missing something? Maybe because I didnt grow up with rich parents but how can anyone want more than 250K? What could you even do with all the money? you could have a household where only one person works, making 250K and that puts you in the top 1% of all Canadian families already..
no wonder Derm is so competitive....they make 800K after overhead....also hold up this is just govt billings...I know that derm can also earn money privately....does that mean they can make a total of 1 million+ per year after overhead...oh wow..
There are always ways to spend money, once you hit a certain income expenses can grow rapidly. Theres a huge luxuries market out there which i'm sure we all know. Just like how we ask how come businessmen keep chasing money even after they are multi millionaires? There always ways to spend money and if you can't theres always the next generation to think about.
Realistically no one needs that much money, in fact 50k is enough to have a decent living in Canada, but there are ways to spend money for sure. Thats why even NBA stars sometimes go bankrupt.