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The aging physician and retirement.
Canadian Journal of Psychiatry. Revue Canadienne De Psychiatrie
|November 1, 1983
Summary
Most physicians aged 65+ continue practicing medicine, with many showing no retirement plans. Concerns about declining competence and loss of control significantly impact their retirement decisions.
Area of Science:
- Geriatrics
- Medical Practice Management
- Physician Workforce Studies
Background:
- Physician retirement is a growing concern impacting healthcare workforce planning.
- Understanding older physicians' perspectives on retirement is crucial for workforce sustainability.
Purpose of the Study:
- To investigate the attitudes of physicians aged 65 and older toward retirement.
- To identify factors influencing retirement decisions among senior physicians.
Main Methods:
- A questionnaire was distributed to physicians aged 65 and older.
- A study group of interested physicians was convened to supplement questionnaire data.
Main Results:
- 58 physicians (average age 71) responded; 54 (93%) were still in practice.
- 65% of respondents had no immediate retirement plans, indicating a strong desire to continue working.
- Discussions revealed fears of diminished competence and loss of practice control as key concerns.
Conclusions:
- Physicians' deep commitment to their careers makes retirement challenging.
- The findings highlight the need for supportive measures for older physicians nearing retirement age.