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Successful retirement requires adequate preparation. It can be joyous and rewarding. Ample time should be allotted for a balance of activities, including continued medical interests, hobbies, regular moderate exercise, and good health practices. Creation of a stable pension requires satisfactory funding that takes years to accumulate. It is best if established as early as possible. Retirement affects both physician and spouse. There should be mutual consideration of the needs of both partners. A custodian must be selected for your patients’ medical records. State medical associations and medical liability insurance carriers often provide excellent guidelines for retirees. They should be consulted and their materials reviewed regularly. Retirement from practice does not mean termination of all former interests and pleasures involved in medicine. Alternatives to practice are abundant and available. Long-term planning enhances the opportunity for a fulfilling life after practice. Retire young enough to enjoy yourself.

Are You Psychologically Prepared to Retire?