The nonfinancial aspects of retirement should not be ignored. Losing your identity as a practicing physician is difficult for many. Filling your time with worthwhile activities is hard for others. Your relationship with your spouse may also undergo a difficult adjustment when you work less. Emergency physicians and other shift workers are lucky in that they can often ease themselves into retirement by gradually reducing shifts, minimizing these issues compared to many specialists.
Explore This IssueACEP Now: Vol 33 – No 06 – June 2014
Appropriate retirement planning, done on your own or with an appropriate professional, will minimize financial worries in your later years.
Dr. Dahle is the author of The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing and blogs at http://whitecoatinvestor.com. He is not a licensed financial adviser, accountant, or attorney and recommends you consult with your own advisers prior to acting on any information you read here.