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Posted on 9/18/20 at 10:08 am to Vastmind
I had a health crisis last year, and I too have become fascinated with the practice of medicine. It’s too late in life for me though, as I would hate to start over in a new career.
Another option for you would be to become a pharmacy benefits manager....as they say “if you can’t beat them, join them”. They certainly hire registered pharmacists for that job, and it here would be a far shorter road to get there....
Another option for you would be to become a pharmacy benefits manager....as they say “if you can’t beat them, join them”. They certainly hire registered pharmacists for that job, and it here would be a far shorter road to get there....
Posted on 9/18/20 at 10:08 am to Vastmind
Going back late is better than wondering “what if?” for the rest of your life...
Also, the example for your kids would be awesome.
Good luck.
Also, the example for your kids would be awesome.
Good luck.
Posted on 9/18/20 at 10:16 am to PerceivedReality
quote:
FWIW my wife is a dr. just got out of residency 3 years ago. she said if she had to do it over again she would not go into medicine. the bureaucracy and politics have made her resent the whole system.
The problem with this idea is people have no idea the BS other careers deal with. Few do. All careers have issues and in 8 years any career could have a new one. We really don’t know.
People act like Docs could simply go to another career and do just as well, that’s absurd for most and such a narcissistic MD perspective. For most careers it takes more than just a little drive and brains. Every person that goes to Ivy League or top 20 school doesn’t get into Med school and everyone that is wealthy doesn’t have the brains to be a MD.
Sounds to me like OP needs a Sabbatical to solve a mid life crisis.
Posted on 9/18/20 at 10:20 am to baldona
I also think Pharmacists had it too fricking good and were in a bubble. I was in college in the early 2000s and it was a ‘hot’ job. Graduate and immediate make $120k and set. I’m not sure where OP is coming from salary wise but there’s plenty of Ph.D jobs that are lucky to hit 6 figures.
Seems to me plenty of pharmacists had absurd expectations of pay.
Seems to me plenty of pharmacists had absurd expectations of pay.
Posted on 9/18/20 at 10:21 am to crazy4lsu
quote:
If the OP hasn't taken the MCAT yet then this thread is probably premature. Preparing for the MCAT while working is extremely difficult.
This is the last month for MCAT exams. If he hasn’t taken it yet, he’s late anyway,
Posted on 9/18/20 at 10:24 am to 1BamaRTR
quote:
This is the last month for MCAT exams. If he hasn’t taken it yet, he’s late anyway,
The thread title said he applied, so I'm guessing he already took it. It's is awfully late in the cycle to apply too. I had my apps in by July 10th, and didn't hear back from some schools til January.
Posted on 9/18/20 at 10:28 am to crazy4lsu
I wouldn’t say it’s awfully late. The rule of thumb is get all the secondary applications in by before Labor Day. So he’s a little late at this point.
But with the covid stuff, there’s been at least 10K more early applications this year then usual. A lot of people thought this year would be easier to get in, but it’s actually the opposite. The med schools are behind but there’s no shortage of competitive early applicants.
But with the covid stuff, there’s been at least 10K more early applications this year then usual. A lot of people thought this year would be easier to get in, but it’s actually the opposite. The med schools are behind but there’s no shortage of competitive early applicants.
Posted on 9/18/20 at 10:31 am to 1BamaRTR
quote:
I wouldn’t say it’s awfully late
No one I knew who applied around this late my cycle got in anywhere. They did get in the next cycle though, applying early.
Posted on 9/18/20 at 10:32 am to PerceivedReality
quote:
my wife is a dr.
Pics??
Posted on 9/18/20 at 10:32 am to crazy4lsu
I knew someone that applied in late September and got in. Plenty of people on SDN that have as well.
Posted on 9/18/20 at 10:33 am to arronrx
No kidding. I work hospital FT and pick up 2-3 retail shifts every pay period and still won’t come close to 185k
Posted on 9/18/20 at 10:33 am to Vastmind
My uncle went to med school late and was very happy with the decision.
Posted on 9/18/20 at 10:33 am to Vastmind
Whether you get your MD at 28 or 48, you are still a MD.
Good luck!
Good luck!
Posted on 9/18/20 at 10:38 am to 1BamaRTR
Casting a wide net probably helps. If you target certain regions or MD/Ph.D programs, it helps to have everything in early. Given that he wants to do a condensed program, and there are only a handful in the country, it feels super late.
Posted on 9/18/20 at 10:40 am to Vastmind
quote:
I am a pharmacist making 150k. My salary was dropped last week (along with everyone else’s) from 185k. Another drop is coming and maybe the it drops to zero.
Run the math on the opportunity cost and time value of money you are sacrificing to do this. My guess is if the end goal is to go from a 150k salary to a 250k salary (with all of that extra 100k in a high tax bracket) you will find that this is not a good financial decision at your age.
1. That extra 100k in salary for 10 years will really be around 60k extra after taxes. So all of the following costs are to only gain 600k (plus investment earnings on that).
2. You lose a 150k salary for 5 or 6 years while you are in school/residency. So now you have to dip into your retirement savings to pay your bills.
3. You are having to pay 6 figures a year for at least three years of tuition. More retirement savings gone.
4. Add up all of that and the lost investment earnings from the money you took out of savings and you are at well over a million dollars in losses in order to gain less than that.
And this decision you are making is under the assumption that the opiod treatment industry doesn't also eventually face the same struggles pharmacy is currently facing. That is not a given.
Posted on 9/18/20 at 10:41 am to jose
I’m actually finishing up pre-reqs for PA school because the PT world is dying a whimpering death.
Do what you want. Just research that it’s doable and you’d actually enjoy it enough. Loving a career is overrated, but hating a career isn’t. But at the end of the day, all work is just a paycheck to live a life.
Do what you want. Just research that it’s doable and you’d actually enjoy it enough. Loving a career is overrated, but hating a career isn’t. But at the end of the day, all work is just a paycheck to live a life.
Posted on 9/18/20 at 11:03 am to Vastmind
quote:You were pulling that salary as a pharmacist in Baton Rouge?
I am a pharmacist making 150k. My salary was dropped last week (along with everyone else’s) from 185k. Another drop is coming and maybe the it drops to zero.
quote:So you think an MD doesn't deal with that shite?
I’m sick of standing up and grinding all day getting interrupted 3000k times a day. It’s very robotic and unsatisfying.
Posted on 9/18/20 at 11:09 am to RT1941
Yea I will be brutally honest, it sounds like the guy is pissed his salary got cut (rightfully so) and can now only see all the bad in his job instead of the good, which is that he makes 150k in Baton Rouge and already has all the needed training and degrees to keep doing it. He has the "grass is greener" mentality and I don't know it actually will be.
Posted on 9/18/20 at 11:16 am to tigerinthebueche
quote:
Except that he left out the part where the OP said his salary could go to 0. If the OP loses his job, how does that affect t the analysis?
Anyone in any job could have their salary go to zero. That's life.
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