Retirement Committee

                                       Chair                                                                             Co-Chair

                                                                                                  

                                      Joseph McCabe, MD                                                    Morris Stambler, MD

Retirement Resources Page

The Retirement Committee meets by Zoom four times a year to discuss topics such as retirement planning, closing practices, and early and later post-retirement concerns.

We welcome all MPS members.  We send out invitations to attend committee meetings to our senior members and any other member expressing interest, no matter what their age.  Retirement is different for each person.   Attendees have found the committee helpful in dealing with practical and emotional hurdles to planning retirement.  Those who have already retired find the committee supportive for planning life after retirement.  Retired psychiatrists often offer support and wisdom to those considering and planning retirement

Since the last report in March, we had one meeting” and substitute for it:  

Topics for discussion at each meeting emerge from the interests of attendees.  The meetings start with members introducing themselves and stating where they are on the retirement journey.  There is then a presentation, either from an outside expert or brief presentations by members, followed by a discussion.

Examples of recent meetings:

On May 15, 2025, guest speaker Robyn Miller, PhD, who has formed a company that provides practice executor services, presented on “Continuity of Care for Individual Providers.”   The company assumes the tasks of notification and disposition of patients of therapists who have become temporarily incapacitated or who died unexpectedly.  The company takes custody of the medical records, storing them for the mandated period, and responds to requests for records.  Robyn emphasized that informal arrangements with colleagues can put a tremendous burden on them and that family members often end up shouldering much of the burden.  A practice executor has a binding legal contract. 

On October 30, 2025, there was a discussion led by several members of the challenges of terminating with an entire practice.  The clinician has no experience with this reason for ending treatment and is terminating with lots of people all at once.  The emotional reactions of both psychiatrists and patients and some potential pitfalls were discussed.  What works well, what not so well? 

Attendees who still have active medical licenses are encouraged to take part in the MPS Mentorship Program