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Hugh, your kids never really get out of your wallet.
Jeff, hope you don't drop a lot of cash setting up in private practice. You would probably do better financially working for a multi-disciplinary group. That said, I am a solo practitioner. In the not too distant future, medical care in the US will get socialized even more than it already is, and the value of your practice might just go to zero. I am sweating this a bit myself.
In 10 years, my life won't be that different, will be paying a lot higher percentage of my income to taxes, and consequently will be disinclined to work hard. Things will get pretty rough here in Cali as we move toward a third world economy, but I will always be able to make a decent living, so am not too worried.
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She was the kindest person I ever met
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