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How To Rewire

News
Article

Expected retirement and actual age depends on income and education.

Expected retirement and actual age depends on income and education. Also, according to the latest survey from the Physician’s Foundation, a whopping 39% of physicians indicated they would be accelerating their retirement plans due to changes in the healthcare system. So, if you plan to retire, or more appropriately, rewire, consider combining your encore career with your portfolio career that fits into the sick care gig economy and that follows the 10/20/30 plan.

Do you know what are the 10 ways to screw up your encore career? Perhaps the biggest one is to start doing it the day after you retire. Like a retirement savings plan, the time to think about your encore career is at the beginning of the first one, not the end of it.

Consider how the workforce is changing and become part of the sick care gig economy. Imagine not having to make rounds at O-Dark hundred ever again.

Consider what are driving portfolio careers, and plan to ladder your portfolio career.

Finally, cut yourself a break, give yourself some breathing room and fun time while you have the health and income to enjoy it, and follow the 10/20/30 Plan.

By putting all these pieces together, you will stay involved, have fun and have the potential to make even more of a difference than you did practicing clinical medicine.

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Victor J. Dzau, MD, gives expert advice
Victor J. Dzau, MD, gives expert advice