NurseNate1

Asking for a friend, literally. I've been vaccinated, believe in the vaccine, definitely not looking to start a debate (It's all been done before a million times). A close friend of mine with ER RN experience and ECF experience is not going to be vaccinated but is looking for a job in the area. Any ideas would be greatly appreciated. Thanks!

I'm a nights guy. Would love a nights gig where my job is monitoring the patients while they sleep. Nurse concierge, "Can I get you a turkey sandwhich and warm blanket sir?", "Would you like an ice pack and another pillow maam?". Like an overnight security guard or parking lot attendant with my current earnings. Current reality is most nights running around like crazy from 1900-0730. But there are some nights where everyone is stable and everyone sleeps and my body can get some rest. I cherish those nights. Any ideas??

This is an excellent thread. Great info and perspective on saving for retirement. I want to spend my late 50's and on hiking outside, not arguing with the patient seeking narcs that the doctor has cut off. Nursing shouldn't be our life. Family, friends and fun is life, use nursing to get there.

Hey that's great. What calculations do you use to decide how much income your retirement savings will generate? I use the 4% rule which states if you take 4% of your total account out each year(adjusted up each year for inflation) your savings will last atleast 30 years. It's a very basic calculation but I find is the most commonly used tool even among professional investors.

Hey thank you!

Cool, I hope it passes this time.

I have a beard. I shaved it during Covid to get a good N95 seal on my face but it's back now that I've had my Covid shots.

Very strange post and I wouldn't suggest taking too much advice from a nurse who spells ativan as he did and suggests it makes those who take it happy. Is he actually a nurse in real life? My experience 11 years in as a male nurse. It's a very good job. Definitely draining when patients get physical with you but it pays well and allows for a good quality of life outside of work as I generally work at least 3 nights in a row before taking a several day in a row stretch off. There are nursing jobs of all kinds everywhere here in Michigan, but I can't speak for the rest of the country. I would recommend finance or actuary science over nursing for sure, but nursing is a "good" career choice from my personal experience.

https://mibiz.com/sections/health-care/whitmer-vetoes-bills-to-add-multi-state-licensure-for-nurses-psychologists It appears there is no update. Michigan joining the license compact is currently dead in the water.

I am not a retirement professional. I'm a nurse who loves to study retirement planning in my free time and manage my own retirement so take my advice for the unprofessional advice that it is and go educate yourself. I'm always happy to talk personal finances with anyone interested.

My personal preference in funds are large index funds with low expense ratios. This allows for diversification over an asset class (US stocks, International stocks, Total US bond market fund) at a very low cost. Keep it simple(I prefer a 3-fund portfolio consisting primarily of Total US stocks, Total International stocks and a small % of a Total US Bond Market fund) and keep expenses low and contribute every paycheck. If you max out your 401K/403B for the year ($19,500 for anyone under age 50. $26,000 for anyone over the age of 50) start contributing to a Roth IRA. You won't be taxed on any of the growth in your Roth IRA account when you take money out in retirement. The actual suggested contribution plan for maximum efficiency would be to max out your companies free match, then max out a Roth IRA account for the year ($6,000/person. You may have a Roth IRA account in your spouses name as well allowing for a total saving of $12,000/year.). If you prefer to keep it simple than just max out your 401K/403B each year first.

Hello! I wanted to encourage nurses to take a look at their retirement plans as I run into so many who have no interest in saving for retirement at all. At the very minimum, save enough to get your maximum 401K/403B match. Example: My system matches 50% up to a 6% savings rate. A 6% saving rate will receive 3% of every dollar made for free from the health system. A 5% saving rate would receive 2.5% of every dollar made for free. The extra 0.5% will make a drastic difference over the course of a career because of the power of compound interest. Also take a look at the funds that your employer's plan is putting you into. The large financial services company my health system uses offers up a portfolio balancing services that puts the employee into an asset allocation based upon their target retirement age. While the asset allocation % between investments is in line with conventional thinking many of the funds my money was put into had VERY high expense ratios causing me to overpay in fees for years when I had better options at much lower expense ratios(lower fees). We work so hard for our money it's worth taking some time to educate ourselves on efficient, productive ways to save for retirement.