#639: 4 Mistakes to Avoid during a Dental Practice Transition: Part Two
The Dentist Money Show | Financial Planning & Wealth Management
Release Date: 04/30/2025
#639: 4 Mistakes to Avoid during a Dental Practice Transition: Part Two
The Dentist Money Show | Financial Planning & Wealth Management
Thinking about selling your dental practice but not sure where to start? On this episode of the Dentist Money Show, Matt and Jake break down part two of the four common mistakes dentists make when selling their practice. They discuss the importance of early planning, the difference between usable and non-usable net worth, and the psychological shifts around spending in retirement. They highlight the need for clarity and purpose in transitioning out of ownership and encourage self-reflection, practical goal-setting, and a deep understanding of your personal values when considering a practice...
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#638: Two Cents 4/26 - Cutting Interest Rates?; End Of Student Loan Grace Period; How Much Should You Spend On Vacation?
The Dentist Money Show | Financial Planning & Wealth Management
Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week. On this episode, Matt and Rabih discuss reasons to cut interest rates, stock market volatility, and the end of the student loan grace period. They analyze the Federal Reserve's policy stance and the impact of student debt on consumer behavior. And finally, they offer advice on vacation budgeting and how to have a balance between enjoying life and maintaining financial health. with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how...
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#637: What Every Dentist Should Consider Before Merging or Partnering
The Dentist Money Show | Financial Planning & Wealth Management
On this episode of the Dentist Money Show, Kyle Francis, founder of Professional Transition Strategies joins Matt to break down the evolving landscape of dental practice transitions. He emphasizes the importance of education, preparation, and strategic decision-making. They talk about some of the common misconceptions about DSOs and highlight the benefits of joint ventures. Tune in to hear insights on how to maximize your practice’s value and better understand the consolidation trends in the dental industry. Check out our to get an estimate of your practice’s worth. Use this easy...
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#636: What Every Dentist Should Know About Disability Insurance
The Dentist Money Show | Financial Planning & Wealth Management
In our new TL;DR series episode, Will reads his where he explains that disability insurance is essential for dentists. Dentists ability to earn income heavily depends on physical skills and an unexpected injury or illness can jeopardize this ability. This type of policy provides benefits if you're unable to perform your specific duties as a dentist. It's important to assess your coverage needs to ensure your income is adequately protected. with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your...
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#635: Two Cents 4/19 - Where Do We Go From Here?; PE Ratio; Investment Strategies During Uncertain Times
The Dentist Money Show | Financial Planning & Wealth Management
Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week. On this episode, Matt and Rabih break down a turbulent week in financial markets, discussing earnings season, the PE ratio, and key economic data. They talk about consumer behavior amid inflation, bond market dynamics, and the impact of trade tensions. Tune in to hear insights on navigating uncertainty through long-term investment strategies. with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live...
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#634: 4 Mistakes to Avoid during a Dental Practice Transition: Part One
The Dentist Money Show | Financial Planning & Wealth Management
Thinking about selling your dental practice but not sure where to start? On this episode of the Dentist Money Show, Matt and Jake break down four common mistakes dentists make when selling their practice and why preparation is key to a smooth transition. They discuss key considerations like valuation differences, long-term trade-offs, and how to maximize practice value before selling. Whether you’re considering a transition soon or planning for the future, this two-part series provides insights to help you navigate the process successfully. Check out the e-guide to help you walk through the...
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#633: Two Cents 4/12 - Zoom Out from the Noise; What's Happening Next?; The Cost of Timing the Market
The Dentist Money Show | Financial Planning & Wealth Management
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 talk tariffs and the impact of broad trends across different asset classes. They talk about the human emotions that factor into the unpredictable nature of the markets and how economic insights don't guarantee future returns. Finally, they shift to "timing the market" with studies showing how missing the 10 best days of the stock market can severely impact the returns you could make. with a CFP® advisor who only works with dentists. Get...
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How to Reduce Taxes During Down Markets
The Dentist Money Show | Financial Planning & Wealth Management
On this special edition of the Dentist Money Show, Ryan and Rabih go live on Dentist Advisors' YouTube to explain tax-loss harvesting. They unpack how investors can use the market downturns as opportunities to optimize their portfolios, reduce tax liabilities, and stay aligned with long-term goals. They highlight the mechanics of tax-loss harvesting, portfolio rebalancing, and how to stay strategic in turbulent times. Stay informed on 2025 market updates or watch the full with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist...
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#632: How Do You Know When Enough Is Enough?
The Dentist Money Show | Financial Planning & Wealth Management
On this episode of the Dentist Money Show, New York Times Columnist Carl Richards, CFP® joins Matt to explore the deeper side of financial planning and how to align money with what truly matters. Carl discusses the complexities of uncovering personal values, the importance of experimentation in financial planning, and how a statement of financial purpose can serve as your guide. They highlight why societal pressures can lead to financial dissatisfaction and why your skills are your greatest asset. Tune in to learn how to shift your focus and build a financial life that truly reflects your...
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#631: The 3 Ways to Build Wealth
The Dentist Money Show | Financial Planning & Wealth Management
In our new TL;DR series episode, Jordan reads Jake's where he explains that saving money isn't sufficient for long-term financial security, especially considering factors like inflation and increasing life expectancies. Tune in to hear how the importance of investing savings can achieve growth over time to effectively build wealth. with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.
info_outlineThinking about selling your dental practice but not sure where to start? On this episode of the Dentist Money Show, Matt and Jake break down part two of the four common mistakes dentists make when selling their practice. They discuss the importance of early planning, the difference between usable and non-usable net worth, and the psychological shifts around spending in retirement. They highlight the need for clarity and purpose in transitioning out of ownership and encourage self-reflection, practical goal-setting, and a deep understanding of your personal values when considering a practice sale of alternative paths. Whether you’re considering a transition soon or planning for the future, this two-part series provides insights to help you navigate the process successfully. Listen to part one!
Check out the Dentist's Guide to a Successful Practice Transition e-guide to help you walk through the key stages of a practice sale, the differences in potential buyers, personal tax and retirement implications, and key questions to ask yourself during the transition!
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 your rich life.