Private Practice Psychiatry affords the flexibility of seeing 10 patients per week, or 5, or 1. And no one would ever know.
You could then spend your time basking in the sunshine, doing voluntary teaching, raising a family, writing a book.
The more pertinent question is whether you can afford that flexibility without starving to death. At the back end of a career, however, the flexibility does allow a lot of psychiatrists to be semi-retired, which is a nice option if you like your work.
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