Retirement may present challenges for physicians, but knowing what to expect and thinking ahead can make for an easier transition and a fulfilling future.
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It’s Not Just a Job
For some physicians, medicine is a calling and their identity is deeply tied to their role as caregivers. Stepping away from practice can be an opportunity to discover more about who they are without a stethoscope.
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Financial Security
Physicians could feel pressure to maintain the lifestyle that their current income provides. This can be particularly stressful if they have dependents. Start organizing retirement funds early with the help of a financial advisor.
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Patient Relationships
A physician may treat a patient for many years and form a strong bond. It can be difficult when the doctor-patient relationship ends. As retirement nears, discuss your plans with your patients and guide their transition to a new healthcare provider.
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Little Steps
Suddenly switching from an intense daily schedule to days without structure can be intimidating. It may help to “test out” retirement by taking extended time off or cutting back hours.
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Turning the Page
Retirement doesn’t mean stopping, and it can be a time to cultivate new interests and friendships, travel, or take part in a new field of work.
Bottom line: It’s never too early to start planning for retirement. Being proactive can ensure that life post-practice is fulfilling and financially stable.
Source link : https://www.medscape.com/s/viewarticle/life-after-medicine-built-smart-retirement-planning-2025a1000m5m?src=rss
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Publish date : 2025-08-22 18:35:00
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