Top 5 Reasons I Chose Not to Retire at 39

With 25 years of expenses in my portfolio, most of which would be immediately available in early retirement, I could call myself Financially Independent.

I’m most definitely on board with an early retirement, but for me, it can wait at least a few more years.

Why did I choose not to Retire by 40?

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I made a large investment of my time and money towards education and training. I finished my training at age 30 with a healthy 5-figure debt.

1. It took a lot of time and effort to get here.

To bust one’s butt for 12 years to only work 9 years on my own terms would not seem to be a good return on investment. If you are young, and want to retire by 40, medicine would not be a good choice.

The frequently used goal of 25x expenses to allow for a 4% initial withdrawal rate is proven to be safe based on historical returns for a 30-year retirement.

2. I’d like a bigger cushion that a few more years can provide.

I’ll be more comfortable with 30x to 33x, which I can realistically expect to have within about five years by investing the majority of my take-home pay.

I enjoy my days off more than my workdays, but I went into anesthesia for a reason, and I still enjoy the job.

3. I still enjoy my job.

It’s fast-paced, active work and I make people happy. I perform hands-on procedures with cool technology. I generally feel respected. There are certainly aspects of this job that I will miss.

I have 2 young boys. I don’t want to retire when they’re too young to remember that I worked hard to provide for our family.

4. Money doesn’t come from trees, and I want my boys to know that.

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