D
deleted993114
Not me...
I'm gonna have to work until noon on the day of my funeral. Hopefully, I'll have time off on the books so they let me go.
That's funny. Reminds me of Tennessee Ernie Ford's "Sixteen Tons".
Not me...
I'm gonna have to work until noon on the day of my funeral. Hopefully, I'll have time off on the books so they let me go.
The purpose of a life is not to seek the "brass ring" that is retirement.
Work serves a purpose in life and gives one stability, a steady "diversion", and a sense of purpose.
I could have retired years ago, but choose to work, despite cancer X2. Just take trips along the way and enjoy your life (and your work). I also cannot really get health insurance outside of a large group.
I do not envy that guy at all. I had a former partner who faked Parkinson's at age 40 (yes, age 40). He found some foreign neurologist who substantiated his claim (he had the wrong fake movements- more choreo-athetoid) and he immediately quit and received $400K per year (tax free) for his "disability". The guy was (and is) a sociopath who gamed the system. Is that an admirable goal?
I, on the other hand, was refused even short term disability for chemo for two different cancers, and thus worked all the while receiving treatment. Work helped take my mind off of things, rather than sitting at home and moping.
Work is not such a bad thing.
The purpose of a life is not to seek the "brass ring" that is retirement.
Work serves a purpose in life and gives one stability, a steady "diversion", and a sense of purpose.
I could have retired years ago, but choose to work, despite cancer X2. Just take trips along the way and enjoy your life (and your work). I also cannot really get health insurance outside of a large group.
I do not envy that guy at all. I had a former partner who faked Parkinson's at age 40 (yes, age 40). He found some foreign neurologist who substantiated his claim (he had the wrong fake movements- more choreo-athetoid) and he immediately quit and received $400K per year (tax free) for his "disability". The guy was (and is) a sociopath who gamed the system. Is that an admirable goal?
I, on the other hand, was refused even short term disability for chemo for two different cancers, and thus worked all the while receiving treatment. Work helped take my mind off of things, rather than sitting at home and moping.
Work is not such a bad thing.
your purpose may be different that others' purpose.
some people work to live, others live to work.
im somewhere in the middle. i like my work. i dont LOVE it. id honestly rather be traveling, working out, gardening, reading. i would ideally be working 20-30 hours/week. maybe another 10 years of nose to the grindstone.....
The purpose of a life is not to seek the "brass ring" that is retirement.
Work serves a purpose in life and gives one stability, a steady "diversion", and a sense of purpose.
I could have retired years ago, but choose to work, despite cancer X2. Just take trips along the way and enjoy your life (and your work). I also cannot really get health insurance outside of a large group.
I do not envy that guy at all. I had a former partner who faked Parkinson's at age 40 (yes, age 40). He found some foreign neurologist who substantiated his claim (he had the wrong fake movements- more choreo-athetoid) and he immediately quit and received $400K per year (tax free) for his "disability". The guy was (and is) a sociopath who gamed the system. Is that an admirable goal?
I, on the other hand, was refused even short term disability for chemo for two different cancers, and thus worked all the while receiving treatment. Work helped take my mind off of things, rather than sitting at home and moping.
Work is not such a bad thing.
Retiring at 43 after saving a lot of income and gaming the disability system are not the same thing. What is the point of comparing them ?
Both seek retirement as a goal, not an artifact of completing a career and moving along to something else after "serving your time". There was a large amount of cash spent by the government supporting your training, and thus I think we should try to maximize that return.
If the goal of a doc was to retire early, why did they go into medicine at all? It is a service industry and they knew what they signed up for.
The purpose of a life is not to seek the "brass ring" that is retirement.
Work serves a purpose in life and gives one stability, a steady "diversion", and a sense of purpose.
I could have retired years ago, but choose to work, despite cancer X2. Just take trips along the way and enjoy your life (and your work). I also cannot really get health insurance outside of a large group.
I do not envy that guy at all. I had a former partner who faked Parkinson's at age 40 (yes, age 40). He found some foreign neurologist who substantiated his claim (he had the wrong fake movements- more choreo-athetoid) and he immediately quit and received $400K per year (tax free) for his "disability". The guy was (and is) a sociopath who gamed the system. Is that an admirable goal?
I, on the other hand, was refused even short term disability for chemo for two different cancers, and thus worked all the while receiving treatment. Work helped take my mind off of things, rather than sitting at home and moping.
Work is not such a bad thing.
And back to the original article, I don’t know about you guys, but I didn’t work this hard to live in a 90k house the rest of my life.
What’s the # most of you guys wanna reach for retirement?
The purpose of a life is not to seek the "brass ring" that is retirement.
Work serves a purpose in life and gives one stability, a steady "diversion", and a sense of purpose.
I could have retired years ago, but choose to work, despite cancer X2. Just take trips along the way and enjoy your life (and your work). I also cannot really get health insurance outside of a large group.
I do not envy that guy at all. I had a former partner who faked Parkinson's at age 40 (yes, age 40). He found some foreign neurologist who substantiated his claim (he had the wrong fake movements- more choreo-athetoid) and he immediately quit and received $400K per year (tax free) for his "disability". The guy was (and is) a sociopath who gamed the system. Is that an admirable goal?
I, on the other hand, was refused even short term disability for chemo for two different cancers, and thus worked all the while receiving treatment. Work helped take my mind off of things, rather than sitting at home and moping.
Work is not such a bad thing.
10
But I have 3 kids and live in costly area. My 'retire at 50' plan doesn't seem to be materializing....
Back in the day insurance sales people lived to sell to doctors. They very rarely used disability insurance and would write these crazy generous polices.
Nowadays, more docs are using it as a way of getting off the hamster wheel faking everything from back injuries to carpel tunnel and other nonsense.
Work in medicine was fulfilling and good but like everything else it slowly turns to **** and physicians start taking a hard look at the options.
So is the general consensus medicine has turned into a grind?
I feel like I’ve been hammered for a decade and a half. Being an attending hasn’t made it much better
The most common thing I see is: "I retired early and you can too if you follow my blog! And please click on the adds so I can eat tonight."I agree with the FIRE concept but I have found these physician FIRE stories to be...less than inspiring. Based on my observations they people able to pull this off fall into a handful of categories
A. The high earning power couple
B. Trust fund back up
C. The successful side hussle that turns into a full time job - I’ve heard everything from owning a bar to HC consulting
Grind is an understatement. And I haven’t been out nearly as long as you.
Older guys I work with about -5-10 years from retirement. They are just hoping to have a minor disability so they can collect in the insurance and go part time coast for a while and then retire. Seriously anything that’s not outright fraud.
Most of them are ex private practice guys that left or forced to go with corporate medicine and now they just need to get the hell out in a hurry.
I’ve been out two years, was referring to undergrad/Med school/residency
Grind is an understatement. And I haven’t been out nearly as long as you.
Older guys I work with about -5-10 years from retirement. They are just hoping to have a minor disability so they can collect in the insurance and go part time coast for a while and then retire. Seriously anything that’s not outright fraud.
Most of them are ex private practice guys that left or forced to go with corporate medicine and now they just need to get the hell out in a hurry.
Sorry, Pardon my error
How long you been practicing?
I could easily retire when I have 1.5 million saved. The things I love doing are travel, hiking, snorkeling, outdoor stuff, which require very little money in Many cases (but does require good health, which trends down pretty quickly ya know?)
$1.5M. Danger city: Population You.
<1.5 million $, population 99.9% of the earth
Senseless comparison bud.
But it’s your life.
with all do respect. perspective is relative when one has 5M banked
I guess that may be correct. When you have significant resources, it most likely changes one's perspective.
However, as I stated before, I am in a "twilight zone", such that I don't think I'll ever be able to quit, simply due to healthcare reasons. I just had a scope on Friday and am told I need another biopsy- I go through this "roulette" every three months. Regardless of how much money I have, I need to stay employed to get good healthcare, which I will need for the rest of my life.
I found that nearly all the things I worried about when I was younger never came to fruition, while the things I never envisioned did. I doubt very much that anyone on this forum will be eating cat food as a senior and most will be able to retire comfortably (sans any serious health issues).
Man, 400k! I maxed out my disability and the most anyone would give me is 17k/mo.
Disclaimer, I’m not collecting that’s just what my policy is
Totally agree. I'm perfectly happy flying at cruising speed. Not so happy with afterburners on all day...I enjoy what I do and could do it for another 10 years; however I would love what I do if I wasn’t rushed in clinic (could see 15-16 pts per day instead of 20-25) and didn’t have the damn EHR to deal with. The EHR is directly related to my degree of feeling rushed and my subsequent dissatisfaction with work
Hire a scribe to do the clicking for you. Major difference in my quality of life and she’s only been with me a few months. After a year or so I’ve heard they basically are reading your mind and ordering what you want before you say it.I enjoy what I do and could do it for another 10 years; however I would love what I do if I wasn’t rushed in clinic (could see 15-16 pts per day instead of 20-25) and didn’t have the damn EHR to deal with. The EHR is directly related to my degree of feeling rushed and my subsequent dissatisfaction with work
So pretty soon scribes will be wanting expansion to include doing unsupervised cervical stim trials and cordotomy, etcHire a scribe to do the clicking for you. Major difference in my quality of life and she’s only been with me a few months. After a year or so I’ve heard they basically are reading your mind and ordering what you want before you say it.
Hire a scribe to do the clicking for you. Major difference in my quality of life and she’s only been with me a few months. After a year or so I’ve heard they basically are reading your mind and ordering what you want before you say it.
Totally agree. I'm perfectly happy flying at cruising speed. Not so happy with afterburners on all day...
I guess someone has to support admin, IT, compliance, and all the other dead weight in healthcare...Sadly, this is medicine. Why we are all burnt out.
I’d be in heaven if I did this 20-30 hours per week
if we tried to pawn off this role to chiros and "advanced practice providers", we would lose out financially.I guess someone has to support admin, IT, compliance, and all the other dead weight in healthcare...
Grind is an understatement. And I haven’t been out nearly as long as you.
Older guys I work with about -5-10 years from retirement. They are just hoping to have a minor disability so they can collect in the insurance and go part time coast for a while and then retire. Seriously anything that’s not outright fraud.
Most of them are ex private practice guys that left or forced to go with corporate medicine and now they just need to get the hell out in a hurry.
I enjoy what I do and could do it for another 10 years; however I would love what I do if I wasn’t rushed in clinic (could see 15-16 pts per day instead of 20-25) and didn’t have the damn EHR to deal with. The EHR is directly related to my degree of feeling rushed and my subsequent dissatisfaction with work
And back to the original article, I don’t know about you guys, but I didn’t work this hard to live in a 90k house the rest of my life.
What’s the # most of you guys wanna reach for retirement?
With a reasonably optimistic market return(7%) we should have between 10-15m banked at age 60, not including things like home equity. This is doing nothing major -- maxing out mine and my spouse's retirement funds and investing an additional 10% of our income in a taxable brokerage account. This also doesn't include additional sources of income like social security and pension.
We live in a nice house, drive nice cars, and take multiple international trips a year. We're not starving ourselves or denying ourselves worldly pleasures by any means. My wife and I are both physicians but probably gross less than most individual earning Pain docs.