Retirement may present challenges for physicians, but knowing what to expect and thinking ahead can make for an easier transition and a fulfilling future.
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.
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.
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