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Author: galeno Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 757914  
Subject: Re: How much needed to bail out? Date: 2/6/2000 7:38 AM
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baanasta also wrote:
There have been some good posts lately from people on the advantages of working part-time, especially when you have a family.

A willingness to work (full or part-time), if push comes to shove, also helps you retire young.

For entertainment purposes, I'm seriously thinking about practicing medicine again. BUT, I don't want an office, employees, or the Costa Rican tax authorities breathing down my neck.

So, I'm going to get a cellular phone and fill-up my old doctor bag again. I'll place myself on "active" status again at the Costa Rican College of Physicians and Surgeons which will cost me $50 per month. I'll have some cards made up and pass them around to all my new neighbors and the hotels and bed & breakfast places that cater to the better-heeled tourists.

My business will be housecalls limited to the geographical area around my new home. According to my new neighbor (a 63 year-old filthy rich American ex-neurologist who retired at age 46) I could charge $50 to $100 US$ for a housecall.

In Costa Rica, only cellular phone calls dialed are charged. Received calls are free. My maximum business costs should be less than $100 per month. Two to four patients a month should yield me a small profit.

This is what I call an ideal business venture for an early retiree. My upfront and maintainance costs are minimum. If I don't feel like working I turn the cell phone off. If it doesn't work out, I scrap the whole thing and return to "not active" status and my current job of tennis player at the Costa Rican College of Physicians and Surgeons.
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