Accumulating Wealth

Some say history repeats, but is that what the Fed is doing? In this episode, we walk down memory lane into the 70s when the Fed eased up on interest rates too quickly, how that wreaked havoc on the economy, and what the lessons learned were. And while NVIDIA has made headlines, special guest Brad Sanders joins Hunter to review why technology stocks soared this year, which is not what we've seen h...

This week, things sound a little different! Host Hunter Satterfield was recently featured on NDP's Transition Talk , where he discussed data trends and offered solutions to dental owner's top concerns. He gets into the nitty gritty of acknowledging dentists' issues, yet how to look at inflation as an opportunity for your top line. LINKS: How Does Your Practice Compare? Report cainwatters.com Submi...

Dentists in Memphis, this one's for you! Not really. In this episode, the guys compare how wealth stacks up depending on your state and where you might want to move to get the most bang for your buck long-term. And speaking of long-term, they discuss the average rate of return for a Vanguard 401(k) balance compared to the S&P 500 over the years. LINKS: Bloomberg Are You Rich? Vanguard Institutiona...

Americans have shown resilience these last few years. Despite record-high inflation and a rocky economic climate, the How America Saves Report 2023 reveals that people have navigated the landscape better than expected. Over 25% of Americans contributed more than 10% of their income to their retirement savings. But what's the median savings rate? The guys dive into this number and detail other reco...

Tapping into your full hygiene potential could make all the difference on your bottom line. In fact, a practice with a couple of full-time hygienists could see upwards of 33-35% production from hygiene alone. Bringing 20+ years of hygiene and practice administrator experience to the show, CEO & Founder of Inspired Hygiene Rachel Wall details how her team helps dental practices get the entire team...

Sometimes, insurance can seem like more trouble than it's worth. Is there a breaking point where dentists need to stop trying to negotiate and just move on? And where do you even begin? Closing out this series on insurance, the guys sit down with Dr. John Carson, who shares his experience with dropping an insurance plan that 50% of his patient base was on. LINKS: Guest Dr. John Carson cainwatters....

To negotiate or not to negotiate. There are many what-ifs to consider when negotiating insurance plans, from breaking the news to your patients to protecting your fees. That's why we brought in Ben Tuinei, who makes it his everyday mission to help dentists negotiate better payment terms for insurance plans so that insurance isn't driving daily decisions for your practice. LINKS: Veritas Dental Res...

When it comes to what insurance your dental practice accepts, this is often a massive decision that must consider the demographics of patients in your area. The plans you accept can either help attract new patients or cost you others. Not to mention, most doctors avoid looking at insurance's impact on the practice, so this week, the guys break down the criteria on what practice owners should exami...

You've heard time and time again that the Secure Act 2.0 brought major reform to longstanding retirement planning, and with the help of a special guest, the guys will tie a bow on this miniseries. This week, they're also discussing a valuable vehicle for college savings, new challenges with estate planning, and the new required minimum distribution age extension and penalties. LINKS: cainwatters.c...

Would you like ketchup with that? The Secure Act 2.0 pours on the opportunities to increase Americans' financial readiness for retirement, and with that comes higher catch-up contributions indexed for inflation. For high-income earners, even bigger changes with a new " rothification" rule. Adding to the list, SIMPLE and SEP IRAs have new Roth options available, and the guys are here to clarify it...

If someone mentioned that the Setting Every Community Up for Retirement Enhancement (SECURE) Act could help your business, it might sound like just another ridiculous sales pitch. However, this piece of legislation is here to stay. With the help of a special guest, the guys discuss how its provisions aren't just for individuals seeking to boost their nest eggs and actually contain many changes for...

For the guys, Beyonce, Fed rate hikes, tax refunds, and college savings are all on the list of topics this week. When it comes to saving for tomorrow and the next 25 years, it can be tricky to know which account deserves your undivided attention. The guys dish on which accounts need a little extra love to fuel the future you've dreamed of. And when it comes to the tax refund you're waiting to get...

Shopping for a house in today's high-interest environment seems like a competitive sport, and you're not alone. Many housing factors are sounding the alarm, but the guy's thoughts on whether to buy now may surprise you. To close out the episode, they also expand on employees working out of state and whether IndexGPT, the A.I. stock picker, could be the next trend or fad. LINKS: cainwatters.com Sub...

In 2021, the S&P 500 was at all-time closing highs, 2022 delivered the worst returns since the global financial crisis, and now the bulls are running wild this year. The S&P 500 has seemingly bounced back substantially, but could this actually distract investors from the bigger picture? LINKS: cainwatters.com Submit a Question Facebook | YouTube

If there's one thing dental practice owners have, it's tenacity for their practice to succeed. And knowing where your averages lie compared to your neighbor down the street is imperative for growth and goal-setting. That's why today's episode goes inside our most comprehensive report of the year, which looks at average overhead, collections, staff salaries, and more for 7 dental specialties of var...

ChatGPT has undoubtedly taken the world by storm, but it's no match for super CPAs like Hunter and Judson. And while we certainly can't predict the future, we can prepare for it. Total household debt hit a record high at $17 trillion, and credit card debt delinquency rose to 4.5%, and those things can hit practice owners right where it hurts: collections. And finally, the IRS has dropped the 2024...

This episode is jam-packed with topics surrounding IRS AI bots, whether cash investments in a recession are an avenue for you, and those looming repayments on student loans. But first, did you know that $600 billion in taxes will go uncollected each year because the IRS needs more people and technology? The guys give their take on all of this and conduct a 5-month practice checklist to analyze you...

There was an astounding amount of production growth in 2022 for pediatric dental practice owners, and this special edition episode goes beyond the numbers in the NEW Pediatric Practice Comparison Report . With the help of a special guest, the guys are digging into how pediatric dentists' production per chair and per patient took off, where the average overhead remains, and how much they're really...

Would you believe us if we told you the average American retiree spends an hour grooming daily with the remaining time spent sleeping or leisurely? So, after all those years spent saving for your retirement dream, where does your money actually go? In this new episode, the guys dish on the lifestyle of an average retiree and how time and social security actually impact it. Plus, they evaluate the...

In honor of Tax Day, the guys discuss extensions and explain why if you've already received your tax return this year, it may be looking lower than normal. Lastly, the IRS wrapped up its final entries to the annual Dirty Dozen List, which includes sophisticated schemes targeted toward high-income taxpayers, and the guys are here to recap it all. LINKS: View the complete 2023 IRS Dirty Dozen List c...

The IRS has released its annual list of the worst of the worst tax scams, and the guys are here to break it down. Some items are new to the list, while others are repeat offenders; either way, the guys urge taxpayers, businesses and tax professionals to watch out for these scams throughout the year, not just tax season. LINKS: S&P 500 Chart cainwatters.com Submit a Question Facebook | Youtube

In this special edition episode, the guys explore the NEW Orthodontic Practice Comparison Report in-depth. Tracking 10 years of data, they identify industry trends that go side by side in all specialties. They analyze whether practice collections are growing, review the latest average staff salaries, and detail the sensitivities around raising fees. These different data points provide insight into...

Could SVB's breakdown cause a ripple effect that slows down the economy? With tightened market conditions already in place, investors are wondering if cash in the banking system is safe or if it's sending smoke signals for a bank run. The guys are diving into this along with FDIC-insured deposit limits you might want to jot down and the Fed's latest, surprising rate hike.

In this episode, the guys are unleashing all that's been on their minds lately regarding the financial markets. They discuss how Silicon Valley's latest bank crisis is rattling America's largest banks and spooking investors. Plus, their favorite Ponzi schemes and how not to fall victim to "liquidity traps" like this during volatile economic times.

This special episode was filmed at the 31st Annual Meeting with business owners in attendance. It is centered around the million-dollar question every practice owner likely has, "what is my practice worth?" And while that answer is multifaceted, NDP Partners Christy Ratcliff and Charles Loretto join in to offer their perspective on trends they're seeing throughout thousands of practice valuations...