I still remember exactly where I was when suicide first touched my life. I was in my second year of residency. I was sleeping. It was 2 am two days before Christmas when I received the call from my mom. I can’t explain why, but I knew immediately. This started my journey into wondering why doctors kill themselves.
As I wash my hands right after I hang up the phone, the overhead call rang out: “Attention. Your attention, please. A Level 1 trauma code has been activated in the adult emergency department.” It was a gun shot wound to the right chest. I rinse my hands off, and head down to the ED… just another night in A Doctor’s Life. Ready. Rinse. Repeat.
He was planning to retire early at age 40 and didn’t want to have to deal with the tax implications of getting money out of a 401K/403B prior to age 59.5 years old (10% penalty!). Let’s discuss the options on how to access 401K before age 59 for those considering early retirement, and how to avoid the 10% penalty.