Retirement from orthodontics: financial and psychosocial preparation and adaptation

Retired members of the Pacific Coast Society of Orthodontists (n = 231) were surveyed with respect to their financial and psychosocial preparation for, and adaptation to, retirement. Statistical and subjective evaluation of the survey results established that the respondents used a variety of strategies in divesting themselves of their practices and other aspects of professional life. The respondents reported a relatively high level of accumulated wealth and general satisfaction with retirement as a result of a sense of financial security as well as continued active participation in diverse recreational, social, avocational, business, family, and community activities. Early anticipation of and planning for all aspects of the retirement experience enhanced the likelihood of a satisfactory outcome.