Planning for retirement

Planning for retirement involves a thoughtful and strategic approach to ensure a secure and fulfilling future. One must consider various factors, including financial readiness, healthcare needs, and lifestyle preferences.

Our goal is not only to assist you in making a well-considered decision but also to encourage exploration of alternative opportunities before deciding to leave the field entirely.

We recognise the value of the wealth of experience that seasoned professionals bring to the healthcare landscape and believe that those in the later stages of their careers can continue to contribute significantly.

We've compiled insightful self-reflection tools to assist you in navigating your retirement choices:

Your thinking so far?

  • How did you get to your current decision?
  • What are the internal/external factors?
  • Do you want to retire or change your work?
  • Have you considered a sabbatical? Career break?
  • Do you need new challenges?
  • If you could choose to work/live how you want, what would your life look like?

What are you retiring from?

  • Retiring from the partnership and the GP Performers List (GPPL)
  • Retiring from the partnership, not taking 24 hour retirement and staying on the GPPL to do non-partnership work
  • Retiring from the partnership, taking 24 hour retirement and staying on the GPPL to do non-partnership work
  • Taking 24 hour retirement and returning to the partnership (still on the GPPL)

Career Conversations

Before making any choices, it's crucial to ask yourself if this decision is a knee-jerk reaction or the result of careful contemplation?

We would always encourange you to engage in open and confidential discussions with a trusted friend or colleague can provide valuable insights, emotional support but also allows for a fresh perspective on the matter.

By fostering an environment of open communication, you can gain valuable insights and ensure that your decision is well-informed and aligns with your long-term goals.

If you would like to speak to someone professional: 

Have you considered a confidential conversation with a Hub Plus GP?

Mentoring is a form of development that takes place over a series of conversations between a trained mentor and a client. These conversations are designed to support you in creating learning, self-development, and improved performance in a way that benefits you. The mentor is trained to help you stretch your thinking, to support you in looking at things in new ways, and to assist you in finding solutions and answers to questions you might be posing yourself. 

Have you been to a BMA retirement/ finance talk?

Information coming soon... 

Practicalities of leaving

The practicalities of retiring from the medical profession involve a meticulous and often challenging process. Inform key stakeholders about your retirement with this checklist, ensuring a smooth transition for patients, colleagues, and administrative personnel.

Who do you tell?

  • Partners
  • Staff
  • Primary Care Support England
  • NHS Pensions
  • NHSEI
  • ICB
  • The practice accountant
  • CQC
  • Medical Defence Organisation
  • HMRC
  • Patients
Useful guides for retirement planning: Useful guides for retirement planning:

Useful guides for retirement planning: