Gender Differences in Planned Retirement Age Among Medical Students: Are Changes on the Horizon?

William J. Crump

Univeristy of Louisville School of Medicine Trover Campus at Baptist Health Madisonville

https://orcid.org/0009-0009-7942-4757

Summer Sparks

Lindsay N. Tucker

Cierra P. Woodcock

Craig Ziegler

https://orcid.org/0000-0002-7984-8607

DOI: https://doi.org/10.24926/jrmc.v7i3.5784

Keywords: gender differences, age of retirement, professional identity formation


Abstract

ABSTRACT

Gender Differences in Planned Retirement Age Among Medical Students: Are Changes On the Horizon?

Purpose

Planned age of retirement has an important effect on the physician workforce. Earlier studies of practicing physicians have reported that the planned as well as actual retirement age was significantly younger for women. Also, previous reports had shown that rural physicians tended to retire earlier. This paper offers a view earlier in the physician pipeline and reports surveys of medical students and pre-medical college students concerning their retirement plans.

Methods

During 2015-2019, 70 college students and 41 medical students at a regional rural medical campus completed a career eulogy that included their planned retirement age.

Results

Combining both groups of students, women planned to retire at a mean age of 61.9 and men at 59.1, P=0.048. A longitudinal comparison of just medical students showed that prematriculation students just before starting medical school had the oldest planned age of 66.9, compared to college students (57.4 to 58.9) and medical students (64.0 to 64.6), P=0.049. There was no difference in planned retirement age in rural vs urban upbringing.

Conclusions

In this group of pathways students, women planned to retire almost 3 years later than men, which differs from earlier reports of physicians in practice. The men planned retirement almost 5 years earlier than in previous reports of planned retirement age. There was no difference in rural vs urban upbringing. Whether this is a generalizable finding will require similar studies in different student populations on other campuses, and our survey instrument is available for others to look deeper into the process of professional identity formation that may explain any differences in planned retirement age.

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