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Pressure-testing estate planning documents at current net worth
A doctor’s will and trust are great examples of items that need to be reevaluated consistently—not just for changes to wishes, but to accommodate changes in net worth.
Practice
The problem with most dentists’ exit strategies is that they don’t exist
Practice
Some thoughts on preparing for retirement
Money
Stop trying to time the stock market
Retirement
Tax and retirement planning for 2017
Featured
Retirement
The last word
Practice
Transitions Roundtable: Buyer's or seller's market in 2017?
Retirement
Financial goals: What works, what doesn't
Macro/Op-Ed
Tax planning: The 'Big 3' strategies
Practice
How to make the most of your Social Security benefits
Money
What's your (retirement) number?
Sponsored
Free from DE: A modern guide to PPOs and case acceptance.
Sponsored
Free from DE: A modern guide to PPOs and case acceptance.
There are two great myths believed by many of todays’ dentists. The first is that our case acceptance is above 90% and the second is that PPOs are a necessary evil in a modern practice. To find out how we bust these myths, download the free guide now.
Practice
Cash balance plans: Tax savings and wealth creation in the same package
A cash balance plan is a type of defined-benefit pension plan that solves a number of dentistry-related tax problems, yet is used by only a handful of dentists nationwide.
Money
Interest is not the enemy: Debt management for new dentists
Managing debt properly is perhaps the most important challenge in overcoming financial stress and creating wealth throughout a career in dentistry.
Money
Are you saving enough for retirement?
According to Pfau, the required annual savings rate is between 16.6% and 35.9%
Practice
Practice transitions: My favorite tax strategies
Tax sticker shock is nowhere more evident in today's high-tax environment than with the sale of an interest in a dental practice. A check the size of an impressive lake property is reduced by taxes to a visit to Starbucks. Important presale tax planning is needed to actually keep the value realized from all those years of hard work.
Practice
Do you hate the business part?
When I spoke at a practice management seminar a few weeks ago, I asked the dentists in the audience to raise their hands if they hated the business part of their practice. Almost every hand went up!
Practice
Do you hate the business part?
When I spoke at a practice management seminar a few weeks ago, I asked the dentists in the audience to raise their hands if they hated the business part of their practice. Almost every hand went up!
Retirement
Debunking the 'rules' of retirement planning
Today's economic landscape is changing at an ever accelerating pace. Doctors have witnessed this progression firsthand in both their dental practices and personal lives.
Practice
Thinking about Social Security
What are your thoughts about the question, 'Will you receive Social Security benefits over your lifetime?'
Money
How to Get Out of Debt
Do you have a goal to get out of debt? Recently, a dentist friend posted a blog on Facebook by author James Clear titled Forget Setting Goals. Focus on This Instead.
