ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 173: Can I Get A Vacation Over Here?!

Oftentimes the benefits of a vacation are felt prior to even setting flight or hitting the road. It’s something to look forward to – and that can carry you through even the toughest of workdays. We know ER docs have a unique job when considering the hours and responsibilities, but it doesn’t stop there – PTO and flexibility are also vastly different from not only other job types in America, but even different jobs within emergency medicine itself.

On today’s episode, we’ll discuss the importance of building in vacation time, talk about the financial opportunity costs of taking vacations, and get into prioritizing the right kind of time off to help sustain a lasting career.

   

Topics Discussed:   
  • What ER docs tend to pack when going on vacation.
  • A survey of how much vacation ER docs take and what that means for you.
  • How docs tend to use vacation time and how that affects them over time.
  • The difference between unlimited time off and traditional PTO models.
  • How holidays and vacations tend to work for most ER docs and how burnout factors in.
  • The difference between vacations and mental relief.
  • The clients who have the happiest balance of work and vacation.
  • How opportunity cost factors into vacation time.

Resources Mentioned:

Tags

backdoor roth, mega backdoor roth, IRA, tax accounts, retirement accounts, ER docs, emergency doctors

by 
Scott Wisniewski, EA