The Dentist Money Show | Financial Planning & Wealth Management

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 fre...

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 obj...

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 CF...

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...

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 b...

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...

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....

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...

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...

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 for...

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 consulta...

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...

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...

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...

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 mana...

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 finan...

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,...

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Taylor, and Rabih examine w hy 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 wea...

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 you...

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...

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...

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 phil...

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...

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 f...

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...