Accumulating Wealth

When it comes to designing your dental practice, is it going to cost $1 million or $10 million? The interior design of your space can either make or break the aesthetics and also, sometimes, the budget. Licensed Interior Designer Melissa Sprau discusses how creating a "finish narrative" early in the process can actually help you save money in the long run.

With real estate costs skyrocketing across the country, dental practice owners need to choose whether to buy or lease their space wisely. There are caveats to consider like available cash, time horizon, demographics of the area and more. The guys walk through different scenarios to shed light on which may be right for you.

When day in and day out, your dental office is crowded with patients, staff and equipment you may be considering if it's the right time to expand your office. With over 30-years of practicing dentistry and experience in buying and selling practices, Dr. Jim Clark joins the podcast to discuss the exploration process and how to evaluate your current and future real estate needs.

In a highly competitive climate, it's hard to be an expert in all aspects of the dental practice while still possessing a clinical competitive edge. Dr. Moody Alexander joins the podcast to relive the story of letting go and putting his blinders on by trusting a dental consultant for the long haul. He advises on accepting fresh ideas without overworking yourself and most importantly, how to get yo...

There is an acute need for growth in your practice's hygiene and it's likely due to these three reasons. Registered Dental Hygienist and CEO of Inspired Hygiene's Rachel Wall joins the guys to bring her hygiene years of experience to the table to help practices break out of their comfort zone and step into success.

Recorded live from the CWA Annual Meeting, Steptoe & Johnson's Brad & Katy join the guys to set straight the important components your estate plan needs. There is nothing more important than protecting your loved ones—and the last thing they need is your estate getting stuck with heavy tax burdens or tied up in probate.

How do you know when it's time to hire a dental consultant? CEO & Founder of NextLevel Practice, Gary Kadi, joins the guys to share insights on the broken dental business model. They discuss why so many people are reluctant to hire a dental consultant and how not making the unacceptable, unacceptable could actually be the one factor holding you back from success.

Why isn't your practice moving to the next level and can a dental consultant help you get there more quickly? The guys are back this season to talk through the obstacles, hesitancy and roadblocks to hiring a dental consultant and take a poll on if the success stories outweigh the risks.

Money Manager Mike O' Keefe joins the podcast to share how to navigate the investment selection process. He elaborates on maximizing the value of your financial portfolio so you don't feel like you're missing out on investment opportunities.

It doesn't matter if you are 20, 40, 60 or 80 years old, knowing when you need the money can tell you how to invest it to get the best return.

The most influential factor in reducing taxes and increasing your post-tax spendable income is tax diversification. Tax laws and codes are ever-changing but your solution doesn't have to be.

Stocks. Bonds. Cash. What is the right mix? Leveraging asset allocation as a strategy to diversifying your investment portfolio can help protect you when the market is down and help you when it's up.

Do you need your money in five years? Ten years? Twenty years? Before you start picking stocks, you need to first determine when you need to access the funds. CWA Wealth Advisor Natalie Young talks about this and other things investors need to know in this episode.

Ryan Shinska had a calling to serve but also, a ton of dental school debt. He got creative and was able to make his dreams of providing dental care to underserved Uganda a reality.

The guys unpack the nuances of tax-savings strategies like deferring expenses, defined benefit funding, estate tax, charitable contributions and capital gains. They answer questions about what to do before year-end and what to wait on until the tax policy is finalized.

The repeal of Roth IRA conversions is looming, ending the Backdoor Roth IRA loophole many have taken advantage of for their retirement planning. With many other retirement savings provisions fluctuating, the guys make sense of what's to come and action items to consider before it's too late.

Uncertainty is brewing around the capital gains tax proposal and what it means for the average investor. Hunter and Judson break down what's been proposed and how (or if) it will affect you.

If the tax policy proposal passes as-is, you are probably going to be taxed higher. How much higher exactly? Judson and Hunter offer perspective on the proposals in light of what they've seen before. On the other hand, there is a newly proposed tax here that they've never seen before.

Estate taxes – who pays and how much? With the significant financial impact this can have on your beneficiaries, it's essential to begin planning ahead in your estate plan. The guys analyze the current rates, proposed rates and the impact upcoming tax policy could have on high-income owners and their heirs.

Be prepared for common ownership pitfalls. Staffing woes, tax audits, malpractice and more, the guys discuss the impact, emotions and preparation for each scenario.

A well-rounded general practice with 3 doctors, a full schedule and long-term staff—life was good for Dr. Steve Burross. Then his financial advisor noticed something strange, which led to the discovery of an embezzler in the practice. He shares his personal story to help other doctors take measures to fully equip and protect their business.

Dr. Casey Culberson joins the podcast to detail his experience with an injury that kept him from doing what he does best, dentistry. From the disability claims process, insurance coverage and reporting to how his patients and staff dealt with his absence, he details his personal and practice recovery process.

Dr. Bruce Ouellette joins us to share his partnership experience and insight into why some are successful and others fall apart. Based on his experience with both, he offers guidance on the due diligence that must be done before entering into a partnership agreement.

By sharing her personal story, Dr. Katherine Rodriguez advises listeners on how to protect their dental practice against cyber and ransomware attacks. In this episode, she describes how it happened, what was lost and how she pulled her practice back to safety.

The guys welcome Dr. Chuck Puntillo to discuss his journey from practicing dentistry to retirement. Through sacrifice and planning ahead, he shares how he crossed the bridge to living the lifestyle he always dreamed of.