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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: richinmd   😊 😞
Number: of 1281 
Subject: Re: From broke to $23 MM net worth w/ index funds
Date: 01/23/26 12:40 PM
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No. of Recommendations: 5

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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This community has written 1,207 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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