Mini-Retirements in Healthcare and Other All-Consuming Careers
28% of doctors consider leaving the profession on a weekly basis. Can mini-retirements allow people to stay in these demanding careers that they love, but are burning them out? Jillian and Christie discuss the importance of taking sabbaticals in the healthcare profession, particularly in light of the burnout culture that often pervades the field. Christie shares her personal journey of feeling overwhelmed in her role as a palliative care physician and the steps she took to reclaim her well-being through a sabbatical. They explore the systemic issues that contribute to burnout, the fear associated with career transitions, and the importance of finding agency and options within the medical field. The discussion emphasizes the need for self-care, the value of coaching, and the significance of maintaining one's identity outside of work. Links: Website: reclaimphysiciancoaching.com, where any physician interested in exploring coaching can book a free introductory conversation. Instagram: https://www.instagram.com/reclaim_physician_coaching Facebook: https://www.facebook.com/profile.php?id=61578579675081 Takeaways: Many doctors feel trapped in their roles due to systemic pressures 28% of doctors contemplate leaving medicine weekly Cultural beliefs can create a false binary of being 'all in' or 'all out' Investing in wellness programs can save healthcare institutions money Fear of losing identity can hinder career transitions Creating a structured sabbatical using the mini-retirement phases can enhance the experience Finding community support can help in navigating career changes
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The Benefits of Taking a Mini-Retirement When You are Already Retired
Why take a mini-retirement when you are fully retired? Justin shares his personal journey of taking a six-month adventure around the world, detailing the motivations behind it, the challenges of maintaining routines while traveling, and the appreciation gained from both travel and returning home. They also delve into the financial aspects of long-term travel, debunking myths about costs and emphasizing the importance of planning and flexibility. You'll see how planning a mini-retirement can help break you out of the retirement routine and add extra adventure and experiences to your daily life. Links mentioned: Substack link for coverage of our international 6 month trip Link to our podcast episode with more details about the trip My personal blog where people can get more insight to how I retired at 33 Takeaways Mini retirements can enhance the retirement experience. Traveling for an extended period allows for deeper cultural immersion. Maintaining healthy routines while traveling is possible with planning. Returning home after travel can increase appreciation for everyday life. Long-term travel can be more affordable than living at home. Traveling can help clarify future living and lifestyle choices. Questioning preconceived notions about travel costs can open new opportunities.
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F-You Money, Side Hustles, and Hacks to Afford for Mini-Retirements
Jillian and Chris dive into Chris's seven-month mini-retirement, where he and his wife traveled through Asia and Europe. Chris shares how they structured the trip, from budgeting and planning to navigating without a traditional schedule. He explains the cost advantage of taking a long trip vs many shorter trips to accomplish a long bucket list. And he goes through different hacks to increase income during a mini-retirement and reduce travel costs. We also talked about how his next upcoming mini-retirement will embrace this new season of life with small children. Link to All the Hacks Episode mentioned: Making an Easy $3k/mo from Online Deals with Kai
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Reinventing Life Before Retirement
Jillian and Brenda explore Brenda's journey of taking a mini-retirement to rediscover herself through hiking and writing. Brenda shares her experiences of stepping away from a traditional career to embrace nature and the writing process, discussing the emotional and financial aspects of this transition. They delve into themes of trust, community among hikers, and the importance of redefining success in a personal context. Brenda offers insights on using writing as a tool for self-discovery and provides advice for those considering significant life changes. Takeaways: Brenda took a mini retirement to focus on hiking and writing She set a goal to hike a thousand miles in five months The experience helped her redefine what success means Community among hikers fosters positivity and support Writing can be a powerful tool for self-discovery Avoiding naysayers is important for pursuing dreams More information about Brenda can be found at https://linktr.ee/drbrendau
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JL Collins: affording mini-retirements on the Simple Path to Wealth
In this conversation, Jillian and JL Collins explore the themes of financial independence, the value of mini retirements, and the importance of life experiences. They discuss the parable of the monk and the minister, which illustrates the balance between wealth and resilience. The conversation delves into the fears surrounding financial decisions and the journey towards financial independence, emphasizing that experiences in youth may not be as accessible in later years. Through a case study of Tom, they highlight the realities of financial setbacks and the importance of confidence in financial planning. In this conversation, the speakers explore the themes of happiness, wealth, and the importance of optimism in life. Link to Simple Path to Wealth Takeaways The parable of the monk and the minister illustrates financial resilience. Mini retirements can enhance life experiences without a catastrophic financial impact. Life stages affect our preferences and capabilities for experiences. Fear of financial missteps can hinder enjoyment of life. Financial independence doesn't eliminate all financial worries. Experiences in youth may not be as accessible in later years. The journey to financial independence can be as important as the destination. Confidence in financial decisions can be built over time. Case studies can provide valuable insights into financial planning. Happiness can exist independently of wealth.
Why retire once when you can retire often? Hear real mini-retirement stories. See how mini-retirements can unlock work-life balance, purposeful living, and financial freedom.
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