Enjoy a replay of another one of our most popular Dentist Money Show episodes. Determining how much money stays in your pocket is key to saving effectively, paying down debt, or buying that vacation home you dream about. On this episode of the Dentist Money™ Show Ryan and Matt look at the difference between taxable income and gross cash flow. There are four sources that determine a practice owner’s actual income. To do any planning for the future, it’s important that you get the math...

As a practice owner, you need to think about how to transfer your business in the event of death or disability. A thorough estate plan includes powers of attorney for medical and financial decisions, as well as ownership considerations. On this episode of the Dentist Money Show, Ryan welcomes Natalie Perry from Harrison LLP to talk about estate plan basics and some major changes that are coming. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Victoria, and Rabih discuss the stock market's reaction to the Fed's meeting news. They also explore the misalignment between the narrative and the reality of the economy, GDP, earnings, and quality of life. Finally, they examine why it is so hard for the human brain to start thinking and saving for retirement.  Book a free consultation with a CFP® advisor who...

Working with a reduced schedule as you ease into retirement allows for a smoother transition, gives you added purpose, and extends the longevity of your savings. On this episode of the Dentist Money Show, Ryan and Kiera Dent, CEO and Founder of the Dental A Team, talk about the importance that meaningful work brings to your life and the benefits that can come with extending your dental career.  Book a free consultation with a CFP® advisor who only works with dentists. Get an objective...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Will, Victoria, and Rabih discuss the Federal Reserve's recent meeting and their projections for the economy. Then they delver into a study that shows a decline in happiness among young Americans. And finally, they explore trends in spending during retirement. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial...

Due to shifting market conditions, the DSO landscape is changing with private equity firms adjusting to new circumstances—but DSOs are still looking for the right practices that have a strong EBITDA and potential for growth. On this episode of the Dentist Money Show, Ryan and Brannon Moncrief, Principal and CEO of McLerran & Associates, look into the current trends of DSOs and dentistry. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Ryan, and Rabih discuss projections ahead of this week's Fed meeting, including inflation and unemployment rates. They explore the problems and possible solutions with the current high commission structure in real estate. Finally, they analyze if alternative investments yield higher returns. Book a free consultation with a CFP® advisor who only works with...

Enjoy a replay of another one of our most popular Dentist Money Show episodes. As you look back, did the lessons you learned about money shape your today for the better? Or, did the money mistakes of your youth bias how you think about investing? Experience may be the best teacher and on this episode of the Dentist Money™ Show, Matt and Ryan examine some of their early money decisions and offer some compelling advice to their younger selves that you can use right now. Book a free...

Practice ownership is becoming more challenging than ever before, and it’s not because of clinical issues. Increasing pressures are coming from managing a small business—marketing, team building, and balancing work with a personal life. On this episode of the Dentist Money Show, Ryan and Dr. John Meis, a fourth generation dentist and co-founder of The Team Training Institute, explore how to succeed in the ever changing landscape of dentistry. Book a free consultation with a CFP® advisor...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Jake, and Rabih discuss trading in uncertain times and the use case for Bitcoin. They explore the benefits of structured investment products, like structured notes, and the role of marketing in selling these products. Finally, they review the psychology of spencing habits and impact that they can have on personal finances. Book a free consultation with a CFP®...

On this Dentist Money Show, Ryan and Matt welcome Dr. Daniel Crosby, renowned psychologist, best-selling author, and expert in behavioral finance. Dr. Crosby explains why our brains are wired for survival and not for the complexities of investing—and what you can do to navigate that limitation. Plus he explores the influence of the media on our financial decisions and the pitfalls that come from overconfidence. Dentist Advisors' February Book Club book was Dr. Crosby’s “Laws of Wealth”...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Taylor, and Rabih discuss the revival of Japan's economy and highlight the importance of global diversification in investing. They provide an update on the state of student loan repayments and analyze the most commonly used student loan repayment strategies. Finally, they provide their thoughts on the biggest risks for the current market. Book a free...

Enjoy a replay of another one of our most popular Dentist Money Show episodes. Simple IRA or 401(k), which retirement plan is best for your dental practice? During your dental career, when should you use a Simple IRA, or 401(k)? Knowing the answer could add hundreds of thousands of dollars to your net worth. On this episode of the Dentist Money Show, Ryan and Matt examine the pros and cons of Simple IRAs and 401(k)s. Book a free consultation with a CFP® advisor who only works with...

Balancing a dental practice, a household (often with children), and a myriad of other duties can be a major challenge for women in dentistry. Investing, saving for retirement, and pursuing financial goals can get lost in the shuffle. On this Dentist Money Show, Matt, Victoria, and Megan explore the history of women’s financial rights and why women need to bridge the investment gap. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Victoria, and Rabih ponder if the stock market and economy are speaking the same language, and they discuss who you should trust with your money and why. They provide ideas for student loan repayment strategies. Finally, they give insight to a practice owner who feels behind on their retirement savings. Book a free consultation with a CFP® advisor who only...

Culture is a crucial ingredient for practice success. Good culture attracts the right talent, the right kind of client, and creates the right reputation. On this Dentist Money Show, Ryan talks with Laura Maly and Michael Anderson of the Wonderist Agency, a dental-specific marketing agency, about why they believe if there is harmony on the inside of your office, it will show on the outside. Listen to learn the four pillars of culture that can create greater office unity. Laura and...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Victoria, and Rabih discuss the factors that contributed to the S&P 500 reaching 5,000 levels. They also explore the importance of not forgetting about old 401(k) accounts and the potential consequences of neglecting them. Then they analyze whether disability insurance is worth it and share a personal story that highlights its importance. Finally, they...

Enjoy a replay of another one of our most popular Dentist Money Show episodes. Warren Buffett is considered a superstar investor and is probably the most well-known name in the investment world. Numerous books have been written about the fundamentals Buffett has followed on his way to creating a fortune. On this episode of the Dentist Money Show, Ryan and Matt reveal a surprising ingredient to Buffett’s success that is often overlooked. Book a free consultation with a CFP® advisor who...

James Lawrence, famously known as “The Iron Cowboy”, recounts his incredible quest of conquering 50 Ironman triathlons in 50 days in 50 different states chronicling the many challenges he faced, including profound physical exhaustion. On this Dentist Money™ Show, Ryan and Matt illustrate why James' persistence should resonate with every dentist who is navigating their own demanding journey. James will be our featured keynote speaker at the upcoming Dentist Money Summit, June 20-22, 2024....

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Taylor, and Rabih analyze American spending trends, discuss if the Magnificant 7 companies are in a bubble, and they discuss data from a recently released report on the perils of sports gambling.  Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live...

Want to improve your relationship with money? Then you need help developing solid wealth-building strategies and good financial habits. So, who is best equipped to do that, an experienced investor or a skilled financial coach? On this Dentist Money Show, Matt and Victoria explain how a recent company ski trip illustrated the power of good coaching vs. real world know-how. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this episode, Matt, Ryan, Jake, and Rabih discuss the impact of the recent Federal Reserve's meeting on the market, the concerns surrounding commercial real estate, and how a $6 billion company can go bankrupt. They also explore the topics of investing at all-time highs and Super Bowl prop bets. Book a free consultation with a CFP® advisor who only works with dentists. Get an...

Enjoy a replay of another one of our most popular Dentist Money Show episodes. “How much money do I even make?” It’s one of the most common questions dentists ask their financial advisors. On this episode of the Dentist Money Show, Ryan and Matt examine why understanding dental income is so complex—and explain why knowing the right number for your income is central to making good financial decisions. Book a free consultation with a CFP® advisor who only works with dentists. Get an...

How should I invest $250,000 in extra funds? Is it possible to generate passive income by owning a dental office that doesn’t have my active involvement? Should I sell my building, lease it back, and use the money I make to invest? On this listener Q&R (Question and Response) episode of the Dentist Money Show, Ryan and Matt answer financial questions from our loyal listeners. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial...

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.

 On this show Matt, Ryan, Victoria, and Rabih discuss what recent economic data tell us about how we ended 2023; what is FinCEN and BOI reports and why should you care; and will the IRS finally let us file taxes directly. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live...