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, 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 your rich life.

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 learn how Dentist Advisors can help you live your rich life.

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 objective financial assessment and learn how Dentist Advisors can help you live your rich life.

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 objective financial assessment and learn how Dentist Advisors can help you live your rich life.

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 assessment and learn how Dentist Advisors can help you live your rich life.

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 your rich life.

Knowledgeable stock market analysts had a lot to say about 2023 a year ago, but now that it has come and gone, how accurate were those forecasts? On this Dentist Money Show, Ryan, Matt, and Rabih take advantage of hindsight to look at why market predictions usually miss their mark and how keeping a focus on managing risk is most crucial when navigating the market. 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.

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week. On this show Matt, Will, and Rabih review the recent numbers for inflation, jobs, and the market; analyze Dave Ramey's latest viral opinion on childcare costs; and give an update on problems with student loan servicers. 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.

Enjoy a replay of another one of our most popular Dentist Money Show episodes. Are you confident you're following the right financial indicators on your road to retirement? Maybe you closely follow short term stock market changes, or you're fixated on opening more locations. On episode #251, Ryan and Matt explain why, when your long-term focus wavers, you may need to be reminded about the retirement signals that really matter. 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.

Your heart and soul go into starting up a practice, but as success comes and your energy wanes, do you really need to keep pursuing more growth? On this Dentist Money™ Show, Ryan talks with Dr. Richard Low, of Shared Practices, about his entrepreneurial journey and why he believes one large practice provides most dentists with more fulfillment, problems, and money than they know what to do with. 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. Richard will be a featured 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 show Matt, Taylor, and Rabih talk about a new SEC ruling on Bitcoin Spot ETFs that garnered a lot of attention from Wall Street this past week, and discuss why general "rules of thumb" don't cover the nuances that make each individual's financial situation unique. 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.

"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent." On this Dentist Money™ Show, Matt and Jake talk about the late, great Charlie Munger, one of the most successful investors of all time, and how his perseverance, wit, and wisdom helped to make him a legend in the financial world. 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Jake, and Rabih look at what drove the 25% increase in the S&P 500 in 2023, offer a few tips on how to trick your brain into being better with money so you can meet your New Year's financial resolutions, and look at past trends on how the market historically acts from year to year. 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.

There's a lot of know-how—debt, taxes, legal, estate, insurance, retirement planning, and more—that goes into helping a dentist make smart financial decisions. Asking the right questions can make finding a good advisor easier. On this Dentist Money Show, Ryan and Matt explain why, for your advisor to have the biggest impact, they need to know the intricacies of being a dentist. 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.

Enjoy a replay of another one of our most popular Dentist Money Show episodes. Is "When can I retire" the right question to ask? Individual lifestyle and economic uncertainty affect any projections, and additional complexity may need even more in-depth discussion. On episode #234, Reese and Ryan look into some of the factors that affect retirement planning and how you can make sure you understand what it takes to be financially independent. 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Victoria, and Rabih look at the economic factors that drove market returns in 2023 to a surprising high, wonder whether the fight against inflation may be slowing with interest rates predicted to go down in 2024, and explain why they believe hanging out with friends more in the coming year should be part of your New Year's resolutions. 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.

On the final Dentist Money Show for 2023, Ryan and Matt are joined by keynote speakers from the recent "The Making of ___" conference, Kiera Dent, Josh Scott, and Dr. Ashley Joves who offer their million dollar advice for dentists. And to get a sample of what's in store for you at June's Dentist Money Summit, hear how they answer the question, "What does it mean to live a rich life?" 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On a show more focused on personal reflection, Matt gathers the entire Dentist Advisor advisory team to take a look back at what happened in 2023 to help them grow individually; and to then take a look ahead at the personal improvements they want to make for 2024. 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.

As a small business owner, the cost of operating your practice is huge. And reducing your tax bill is often top of mind. Every dentist should understand how to use tax deferrals and tax deductions to keep their taxes as low as possible. On this Dentist Money Show, Ryan and Matt look at several tax strategies dentists can use that will help them keep more of their hard-earned money. 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.

Enjoy a replay of another one of our most popular Dentist Money Show episodes. Can you find financial calm when everything seems so unstable? On episode #237, Reese and Ryan talk about why a carefully constructed portfolio that fits your personality and long-term goals can help you feel confident when others have the stock market jitters. 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Victoria, and Rabih delve into the latest unemployment and inflation numbers and explore why the FED remains so calm when it comes to the economy. And they examine why the overload of decisions every individual faces daily causes fatigue, diminishing our ability to make sound choices as the day progresses. 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.

You know the quest to buy a practice can be fraught with challenges. Before taking the ownership plunge, it would be good to know what the full process is like. On this Dentist Money Show, Matt and Jake get an in-depth look at what it takes to buy a practice from a dentist who recently became an owner. Abhishek Desai shares insights into what he learned on his long journey to ownership. 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. The guest being interviewed on this episode is a client of Dentist Advisors. No cash or non-cash compensation was provided in connection with our guest's participation and his/her permission for Dentist Advisors to use, publish, stream, and broadcast all or part of this episode originally recorded on November 8, 2023, including the guest's favorable testimonial of Dentist Advisors. Dentist Advisors provides investment advisory services and other, non-advisory services for certain of its clients. The guest who participated in this episode provided the testimonial for Dentist Advisors' use without any payment or arrangement for compensation, discounts, or other benefits.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Will, and Rabih look at the reasons why the market has been so bullish lately; talk about what's behind the surge in sports betting; and offer a few tips on how to handle money when in a relationship. 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.

Is it a good financial move to pay off your mortgage early? What exactly are the tax advantages of 529 qualified tuition plans? And, where do precious metals and crypto fit when trying to build a diversified portfolio? 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 assessment and learn how Dentist Advisors can help you live your rich life.

Enjoy a replay of another one of our most popular Dentist Money Show episodes. The amount you save is a key indicator of whether you are on the path to financial security. On episode #219, Reese and Ryan look at the many reasons why your savings rate is so closely tied to both your debt and your ability to invest throughout your career. Plus, they offer a few suggestions to help you move your net worth forward by saving more. 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Jake, and Rabih provide an introduction to the Volatility Index (VIX) which measures expectations about the future ups and downs in the market; give historical data to help answer the questions "Is it a bad time to buy a house?" and "Will there be a better time?"; and examine which dog breed gives you the best bark for your buck? 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.

Dave Ramsey's latest on-air rant about the 4% rule for retirement withdrawals was filled with "supernerds," "goobers," "bogus math," and "stealing peoples' hope". And it has received a chorus of unified denunciations from advisors. On this Dentist Money Show, Ryan, Matt, and Victoria talk about the flaws in Ramsey's argument and look at why he's getting so much push-back about this advice. 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Jake, and Rabih talk about why investor expectations are shifting when it comes to interest rates and how that's led to a rally for the S&P 500; and they look at the death of Mint, the latest personal finance budgeting app to get discontinued, and why budgeting is so hard to sell—and do. 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.

With the rise of DSOs and the increasing number of practices being bought and sold, you've heard the term EBIDTA. What is it? How is it calculated? And most importantly, what discrepancies can alter the formula at the time of a sale? On this Dentist Money Show, Ryan and David Haynes, of Menlo Dental Transitions, talk about why EBIDTA serves as only a starting point for a practice sale. 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.

After eight years at the mike and 400+ Dentist Money Shows, we thought it was time to visit our archives and replay the podcasts that proved to be the most popular. As a dentist, you run a small business, one that requires expensive equipment and presents you with different liability issues. And your high income means you need to consider how to replace it in the case of the unexpected. On episode #229, Reese and Ryan review all of the typical policies a dentist might need—and provide you with a sensible strategy for how to approach your insurance needs. 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.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Victoria, and Rabih give a market update and explain which three sectors are driving its current growth; look at the 4% Rule and why Dave Ramsey disagrees with it—and why they disagree with Dave Ramsey; and reveal why projecting when a person might retire proves to be so difficult to forecast. 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.

I want to sell my practice to an associate. What issues should I be considering if I want to finance the sale? How much net worth should a normal dentist accumulate for retirement? And, at what point can I drop disability insurance? 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 assessment and learn how Dentist Advisors can help you live your rich life.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Will, and Rabih look at the earnings trends for the current quarter; talk about Safe Moon, the latest crypto scandal; and discuss what caused WeWork to file for bankruptcy. 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.

America is facing a retirement disaster. Surveys have found that only 75% of non-retirees have any retirement savings with only 40% feeling that their retirement savings are on track. Can anything be done to prevent catastrophe? On this episode of the Dentist Money™ Show, Ryan and Matt look at the SECURE Act 2.0 and the benefits it adds to 401(k), IRA, Roth, and other retirement plans. 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.

After eight years at the mike and 400+ Dentist Money™ Shows, we thought it was time to visit our archives and replay the podcasts that proved to be the most popular. On episode #222, Reese introduces Matt Mulcock. If you've ever wondered how your money might be handled by a large asset management firm, Matt compares Dentist Advisors' holistic planning approach with the firms he worked for that mix product sales with financial advice. Get to know more about Matt—and hear why he jumped at the chance to work for Dentist Advisors. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Jake, and Rabih talk about the revenue trends we're seeing during the Q3 "earnings season"; why interest rates and home prices are both rising; and look into why the wealthy can't seem to buy happiness. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Regardless of the business, customers expect a prompt response. This is even more crucial for a dental office where the majority of new patients sent to voicemail, put on hold, or not greeted appropriately, never call back! On this episode of the Dentist Money™ Show, Ryan welcomes Gary Bird, of SMC National, to talk about the unanswered calls problem—and how to solve it. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Announcing the first Dentist Money Summit for the summer of 2024 in Park City, Utah. Our lineup of special speakers will help you "learn how to live your rich life". Are you aligning your money with your values? Discover how to live with greater serenity in the present by integrating your money decisions with what it means to make you happy. Dentist Money Summit Park City,Utah June 20 - June 23, 2024 Register today--Early Bird Special ends on 10/31! Save $100 per ticket. DentistMoneySummit.com Get away from the grind and gain clarity about your financial strategy and purpose!

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Taylor, and Rabih examine why interest rates continue to go up; look at what is causing student loan servicers to struggle getting their programs back up and running; and talk about entrepreneurial regrets. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Don't become a scary personal financial statistic! Here are 13 ghastly financial facts that should frighten you—and what you can do to avoid money's Grim Reaper. On this episode of the Dentist Money™ Show Ryan and Matt look at how Americans are handling their finances and why saving for retirement and for emergencies terrify those who can't seem to get their finances organized. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt and Rabih talk about the complex conflict in the Middle East; the historic alliances and treaties that led us here; and the impact war could have on geopolitics, economies, and markets. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

A dentist works in the here and now. A consultant has to look to the near future. And an advisor thinks long term. Together they bring three unique perspectives that can help you navigate the many challenges dentists face. On this episode of the Dentist Money™ Show Ryan, Kiera Dent, and Dr. Ashley Joves discuss the value of workplace fun and what to do about rising team costs. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

After eight years at the mike and 400+ Dentist Money™ Shows, we thought it was time to visit our archives and replay the podcasts that proved to be the most popular. On episode #214, Reese and Ryan answered nine questions you should ask a financial advisor. Their responses give you an in-depth look at Dentist Advisors and why we've put our focus on dentists; the foundation for our investment philosophy; and how our fee structure is calculated, plus all of the services that are included with it. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Victoria look at what could happen if consumer demand slows; the impact of Ozempic and other diet drugs on stocks; and why you should be wary of overconfident money managers. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

When it comes to planning for an estate, it is not only what is needed for an orderly dispersion of assets when a person dies. That is just one facet! On this episode of the Dentist Money Show™ Ryan interviews Natalie Perry, JD, CPA, who covers the basics of estate planning, including what is needed for many major life events—birth, marriage, divorce, partnerships, and more. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Victoria examine the inflationary factors that are putting pressure on stock prices; why Americans spend and spend and spend some more; and how financial education affects money decisions. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this episode of the Dentist Money Show™ Ryan talks with Dr. Victoria Peterson, Productive Dental Academy CEO, at the 2023 PDA Productivity Workshop. Dentistry has seen unprecedented staffing shortages and the effect has brought on unforeseen challenges—lower production and falling profits for practices who cannot properly staff and keep their skilled team members. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Will look at the latest news on interest rates and inflation; examine tipping in American culture; and if you haven't had enough Taylor Swift, we've got just a little more. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this episode of the Dentist Money Show™ Ryan joins with Kiera Dent on the Dental A Team podcast to outline how to set up a 401(k) retirement plan. The Dental A Team recently established a 401(k) and Kiera talks about the process—provider options; costs and fees; why she chose the Safe Harbor plan. It's everything you need to know if you're considering a 401(k) at your practice. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. The guest being interviewed on this episode is a client of Dentist Advisors. No cash or non-cash compensation was provided in connection with our guest's participation and his/her permission for Dentist Advisors to use, publish, stream, and broadcast all or part of this episode originally recorded on August 3, 2023, including the guest's favorable testimonial of Dentist Advisors. Dentist Advisors provides investment advisory services and other, non-advisory services for certain of its clients. The guest who participated in this episode provided the testimonial for Dentist Advisors' use without any payment or arrangement for compensation, discounts, or other benefits.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Victoria talk about the effect of crude oil prices on inflation, detail the recent changes in 529 savings plans, and look into why younger adults are stressed financially. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.