Retirement

The best time to start saving for retirement? Right now.

Reductions in retirement plan adoptions and medical insurance premiums are some of the many things to consider when owners of solo practices look to switch to the DSO model.

The employer sponsored qualified retirement plans, especially the defined benefit plan, can be very helpful as a tax shelter for clinicians.

A little homework and help from an expert can help clinicians choose the right benefit plan and the ideal amounts to be deposited.

Create a culture in your practice that ensures your team feels respected, valued, and safe.

With an early start and some wise planning, clinicians can expect to be well prepared when it comes time to retire from practicing.

Every clinician’s situation is different, but everyone needs to know how to best prepare so that you can enjoy those retirement years.

Throughout 2023 Dentist's Money Digest published articles aimed at help dental professionals find financial success to match their clinical success. Here is a slideshow highlighting the top most viewed DMD articles of 2023.

Dentists who are well informed can negotiate the best terms and conditions when dealing with the acquisition of a dental practice.

Associate employment contracts can have many far-reaching implications, so it’s important to know as much as possible about the agreements and to consider bringing in an expert to help review.

Dental professionals face many challenges in repaying student loans, but there are strategies and programs available to help.

How the changing economy is affecting dental professionals’ retirement planning.

These Dentist’s Money Digest® articles generated the most views over the last year. To make sure you never miss a thing, subscribe to the Dental Practice Management eNewsletter at dentalproductsreport.com.

Dentists need to be aware of the differences between paying tax-deductible alimony and a lump sum settlement, as well as making sure their team works well together.

Productive Dentist Academy has created Investment Grade Practices to instruct practice owners on creating value in their practice for a fruitful retirement.

You have a lot of short-term goals for your practice, but what about your long-term goals for your life? Today we take a look at using your dental practice as a foundation for your retirement savings.

There are a few key things to keep in mind when preparing to retire from your dental practice with the intention of still working in the practice.

Making wise investments now while saving for the future will help boost your personal financial strength and knowhow.

It’s a good time for dentists and their dental CPAs and other financial advisors to start thinking about planning for changes in their taxes.

How to navigate open communication between the patient and dental professional.

Dental advisors and dentists have some ideas on using retirement plans to create a current tax savings boon for the dental practitioner.

Deferred compensation arrangements enable sellers to pocket more money despite lower dental practice values.

Dentists need to understand finances, safety and the future during these pandemic times.

When you're planning to improve your financial future, don't procrastinate. As Mick Jagger also sang, "Time Waits for No One."

Ads touting 8% guarantees are misleading, though not quite false. Real rates around 4% range are attractive enough and much more reliable.

It's tempting to overinvest in stocks today, but everyone still needs some safe footing from other places. For part of your safe-money portion, fixed annuities offer guarantees, higher rates, and tax deferrals.

It's hard to look at guaranteed lifetime payments from a company pension plan and think that might not work for you. Yet sometimes, that is the case as every finical situation is unique. So, make sure to weigh all of your options before you decide between a pension or a lump sum IRA.

401k, IRA, traditional IRA, Roth IRA, so many retirement options where does one begin? First, make sure you know the difference between a traditional IRA and Roth IRA before considering steering away from the 401k path.

Not sure whether a Cash Balance Plan is right for your practice? Here are the 6 key factors that make your practice a good fit for a potential plan.