Dentist's Money Digest

Quick tips to put you on the right track toward saving sufficiently for your retirement.

What's in store for investors as they near retirement.

As you near retirement, here are some key signs you may be playing fast and loose with an aspect of your finances that should be kept slow and tight.

There's a very real possibility you could be saving too much.

Retirement consists of 4 key phases. Here, we'll present some key considerations for each phase in 4 parts. This is Part 4.

An analysis of treatment plans and what dentists can do to maximize the number of patients that move ahead with treatment.

Retirement consists of 4 key phases. Here, we'll present some key considerations for each phase in 4 parts. This is Part 3.

A discussion of what is to come during Trump's presidency and how taxes will be affected.

Retirement consists of 4 key phases. Here, we'll present some key considerations for each phase in 4 parts. This is Part 2.

Retirement consists of 4 key phases. Here, we'll present some key considerations for each phase in 4 parts.

Getting closer to retirement can bring an undeniable sense of anticipation. But it can also bring some uncertainty.

Many dentists dream of retiring early, but there are a number of factors to consider before taking the plunge.

Doctors considering practice ownership are often faced with the complex choice between a startup practice or an acquisition.

Comparing Donald Trump’s tax to dental practice income and the dentist’s tax.

Dentists closely watch their bottom line. As practice owners, the first priority is patient care, followed by keeping overhead down. So when hygienists ask for a raise, doctors immediately think, “How much is that going to cost me for the year and is it really worth it?”

Although collecting payment from delinquent patients may be uncomfortable, it is a necessary part of keeping a practice healthy. This paper examines trends in accounts receivable and how accounts receivable balances have changed since 2011.

Dental practice transitions many times include a seller who wants to discontinue working as a dentist and a buyer who feels that he or she can dramatically improve the bottom line of the retiring dentist.

With year-end approaching it is time for dentists to think about making equipment and technology purchases if they want to expense (depreciate) those assets on their 2016 tax return. While the rules for depreciating equipment have changed dramatically, one thing remains constant. Equipment must be “placed into service” before any depreciation may be taken.

Should your staff understand your practice’s financials? The short answer is yes. How can your team appreciate the effects of their actions unless they do?

One of the biggest mistakes in the realm of personal financial management is not having an estate plan created by an expert in estate tax.

Even if you are following your investment plans perfectly, it's still important to do a comprehensive check-up at least once per year. Back-to-school season is a great time to do so.

When your finances get tight, it's tempting to treat your retirement accounts like an emergency fund. Here are four reasons that's a bad idea.

Insurance experts Teresa Duncan and Bridget Fay break down the things you need to know about insurance in the dental practice.

Annuities earn a lot of press, much of it skeptical. But they can be an important part of your financial picture, if you know what you're getting into.

Since it is rare for a dentist to be involved with a court and lawsuit, the unknown time, effort and cost of such a disposition of value in the hands of attorneys, experts and a judge is almost surely something that the dentist is not aware.

Digital Esthetics magazine explores the shadowy world of the gray market, where people can buy unverified dental products for cheap-and possibly endanger patients in the process.

Case acceptance is a hot topic in our industry-how to get the patient to want to spend money on dentistry. I have heard so many different presenters teach various different ways to accomplish this.

Hiring a consultant is not cheap, so to get your money’s worth, there are several pitfalls you should be sure to avoid.

Most people are now likely to spend as much as a third of their lives in retirement. Are you financially prepared?

Seasonality trends are something most dentists experience, and deciding how your practice will deal with the highs and lows is important to keeping your practice healthy. Here are five tips on how to manage seasonality in your practice.