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Financial stability correlates with happiness for retired veterinarians

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Abstract OBJECTIVE To gain an understanding of the perceptions and experiences of retired veterinarians. METHODS An invitation to participate in an electronic survey distributed via the Veterinary Information Network data collection portal was sent to veterinary members of the Veterinary Information Network who identified as retired. Data were collected between August 15, 2024, and September 14, 2024. RESULTS We received 512 responses from veterinarians who indicated they had retired. Participants rated a desire for more free time, having sufficient financial security, and a desire to maintain good health as the most important factors in their decision to retire. The most frequently endorsed negative aspects of retirement included concerns about clients and establishing a routine. The most frequently endorsed positive aspects included feeling more relaxed and being able to do more of what they enjoy. A higher percentage of females endorsed several positive aspects of retirement than males. CONCLUSIONS The results suggested that most retired veterinarians adjust well to retirement and reap the positive aspects of a retired lifestyle. A minority, however, struggle. To help ensure everyone is able to transition well and enjoy their retirement years, veterinary organizations should consider offering retirement-related guidance and resources, similar to those offered to new graduates entering the field. CLINICAL RELEVANCE As an increasing number of veterinarians approach retirement age, it is paramount that veterinary organizations help support veterinarians by offering retirement mentorship programs, resource toolkits and educational webinars/presentations, and financial guidance.
Title: Financial stability correlates with happiness for retired veterinarians
Description:
Abstract OBJECTIVE To gain an understanding of the perceptions and experiences of retired veterinarians.
METHODS An invitation to participate in an electronic survey distributed via the Veterinary Information Network data collection portal was sent to veterinary members of the Veterinary Information Network who identified as retired.
Data were collected between August 15, 2024, and September 14, 2024.
RESULTS We received 512 responses from veterinarians who indicated they had retired.
Participants rated a desire for more free time, having sufficient financial security, and a desire to maintain good health as the most important factors in their decision to retire.
The most frequently endorsed negative aspects of retirement included concerns about clients and establishing a routine.
The most frequently endorsed positive aspects included feeling more relaxed and being able to do more of what they enjoy.
A higher percentage of females endorsed several positive aspects of retirement than males.
CONCLUSIONS The results suggested that most retired veterinarians adjust well to retirement and reap the positive aspects of a retired lifestyle.
A minority, however, struggle.
To help ensure everyone is able to transition well and enjoy their retirement years, veterinary organizations should consider offering retirement-related guidance and resources, similar to those offered to new graduates entering the field.
CLINICAL RELEVANCE As an increasing number of veterinarians approach retirement age, it is paramount that veterinary organizations help support veterinarians by offering retirement mentorship programs, resource toolkits and educational webinars/presentations, and financial guidance.

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