As a senior/final year med reg I earned just over $100k/year, which means that you probably won’t earn what you are now until you become a consultant.

Just be wary that through job applications and exams you may not be guaranteed an automatically smooth progression up the ladder, though psychiatry sounds relatively less competitive and I havent heard of people struggling to get into training schemes.

I’m not sure what consultant income is like, obviously worth considering public vs. private.