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According to Bryan Robinson, Ph.D. and Forbes Newspaper, there are nine lucrative professions that offer a high salary and also provide the opportunity for excess money to be invested for future financial growth. Whether you are just starting out in your professional career, experiencing a period of unemployment, or contemplating a midlife career change, it is essential to consider occupations that offer substantial earning potentials. Knowing which jobs are less likely to be replaced by artificial intelligence in the coming years can give you a competitive edge in the job market.
Avantis AI, a leading research firm, is currently conducting a study on businesses that provide their employees with high salaries in the six-figure range, as well as opportunities for investment. The study aims to identify professions that offer the best financial returns. Researchers evaluated over fifty different occupations to determine which ones offer the highest potential for financial growth.
The study found that medical professions dominate the list of top-paying occupations. Anaesthesiologists emerged as the profession with the highest surplus income available for investment, with over $230,000 left over annually. By analyzing annual wages and comparing them to expenses such as mortgages, healthcare, entertainment, education, and living costs, researchers were able to determine the professions with the most investment potential.
Anaesthesiologists topped the list with a total of $236,550 available for investment each year. With an average salary of $358,560, anaesthesiologists have more than two-thirds of their income available for profitable investments. Radiologists ranked second on the list, with a total surplus of $179,710 after deducting all expenses. The average salary for radiologists is $301,720.
Obstetricians and gynaecologists tied for third place, with a total surplus of $174,200 after expenses. Orthodontists ranked fourth, with a surplus of $145,270 annually. Psychiatrists and surgeons shared the fifth position with a surplus of $136,890 each. CEOs ranked sixth, with a surplus of $124,940.
Natural science managers came in seventh, with a surplus of $81,080, followed by engineering managers in eighth place with a surplus of $80,170. General practice physicians rounded out the list in ninth place, with a surplus of $77,990.
Despite the substantial surplus income available to individuals in these professions, not all of them choose to invest it. According to Avantis AI, the concept of investment can vary from person to person. Some may choose to invest in furthering their education to increase their earning potential, while others may opt to invest in stocks or other financial instruments.
Investing in oneself emotionally and professionally is crucial for personal and financial growth. Additional financial resources can provide opportunities for personal development and career advancement. It is important to consider the long-term benefits of investing in order to secure a stable financial future.