15-09-2011
Today's academic scientists have a lot on their plate, between teaching courses, running a lab, writing grants, and publishing their research. Although many scientists have a penchant for numbers, they face the same issues as nonscientists when it comes to financial planning—saving for retirement falls by the wayside in the face of economic stressors—child rearing, house payments, gas prices, and the cost of their children's college education. On top of that, most academic positions are somewhat lower on the income scale than comparable positions in industry and corporate America, and because of the extended length of a doctoral education, most get started in wealth building relatively late.
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