Tens of thousands of U.S. physicians are actively discussing their passion projects on Facebook groups like Passive Income Docs, Physician Side Gigs, and Physicians on FIRE.
Why, when their main jobs pay so well and take up so much of their time, are medical doctors turning to side hustles as a supplement to their day (and night) jobs as physicians?
A side hustle can allow an employed physician to open another type of retirement account, such as a solo 401(k) or SEP IRA, with earnings from the extra income.