Hi
I just turned 50 and am in a pediatric subspeciality that is in very high demand, but the jobs out there suck and pay poorly (I have been $110K-160K). I have suffered discrimination and harrassment at work and was forced to resign under threat of termination in Mar this year. It has been hard emotionally, as no clear procedure was followed bec the contract clearly allows the dept chair to fire anyone with out cause (I was 19/25 original MDs in the group who left under similar circumstances/were fired by this very toxic chairwoman, in the 3.5 yrs since she arrived, known all over the hospital for being vindictive - so I don't want to even file a law suit as it wuld make me a potential liability to isn't that suck as a qualified MD that we have no recourse!?)
So I have found a job now, that is not optimal, but will start around Oct/Nov. Last month, I ended up seeing a financial advisor thru TIAA and also discussed with Vanguard, and they think that if I maintain my current low expense lifestyle (not a home owner, as I could not afford, and single with no kids) I could potentially do OK, and if I worked till 55, I would be in a much better shape.
I want to start thinking of what I could do in retirement that would be fulfilling and also bring in some income. I have thought of consulting for Boston Consulting Group, but they are very business oriented and have a very strict intake policy and interview process and I might not get in. I could do locums, but they are not available in my pediatric subspecialty and if they are, they pay barely $1200 per day and not worth it.
Would love to know what others are doing/planning to do as I have a 5 yr headstart to plan. Since I am single with no liabilities of kids, I am very mobile and can work overseas for sometime too as I love travelling. I wish there were helpful sites for us doctors to advertise/share opportunities/ideas - the few out there just take $ and are not very helpful.
I just turned 50 and am in a pediatric subspeciality that is in very high demand, but the jobs out there suck and pay poorly (I have been $110K-160K). I have suffered discrimination and harrassment at work and was forced to resign under threat of termination in Mar this year. It has been hard emotionally, as no clear procedure was followed bec the contract clearly allows the dept chair to fire anyone with out cause (I was 19/25 original MDs in the group who left under similar circumstances/were fired by this very toxic chairwoman, in the 3.5 yrs since she arrived, known all over the hospital for being vindictive - so I don't want to even file a law suit as it wuld make me a potential liability to isn't that suck as a qualified MD that we have no recourse!?)
So I have found a job now, that is not optimal, but will start around Oct/Nov. Last month, I ended up seeing a financial advisor thru TIAA and also discussed with Vanguard, and they think that if I maintain my current low expense lifestyle (not a home owner, as I could not afford, and single with no kids) I could potentially do OK, and if I worked till 55, I would be in a much better shape.
I want to start thinking of what I could do in retirement that would be fulfilling and also bring in some income. I have thought of consulting for Boston Consulting Group, but they are very business oriented and have a very strict intake policy and interview process and I might not get in. I could do locums, but they are not available in my pediatric subspecialty and if they are, they pay barely $1200 per day and not worth it.
Would love to know what others are doing/planning to do as I have a 5 yr headstart to plan. Since I am single with no liabilities of kids, I am very mobile and can work overseas for sometime too as I love travelling. I wish there were helpful sites for us doctors to advertise/share opportunities/ideas - the few out there just take $ and are not very helpful.
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