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Personal Finance Topics / Retirement Investing
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Author: richinmd   😊 😞
Number: of 1171 
Subject: Re: From broke to $23 MM net worth w/ index funds
Date: 01/23/26 12:40 PM
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I was v substantially underpaid the first 7-8 years in practice, due to a poorly run practice. I tolerated bc: good group; declining parents nearby; good community to live & raise kids


There are many reasons someone can be underpaid. Money was never my driving force. I also did not have a family to provide for. For me it was more enjoyment of the job, flexible hours, vacation time and doing things I liked. I tried working for money once and just couldn't imagine getting up everyday not liking where you were so it didn't last long.

People, obviously, are different. My doctor (PCP, internal medicine) finally retired at 74. I'll miss him and the old style practice. He was still sharp and more accurate than my younger cardiologist who clearly made a math error (on one of those cholesterol calculations). He clearly enjoyed his job, stayed in shape. I asked him about part time and he had cut back some hours but said it was about $300,000 just to keep the office open so cutting back too much wasn't possible and I assume he didn't want to bring anyone on board.

We all make different decisions. Some good and some not so hot :)

Rich
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