Glenn DuPont, DDS offers advice to younger dentists about retirement, including the need to maximize pretax retirement contributions early, investing in a fee-for-service financial advisor and finding the right buyer for your practice. He says younger dentists “should be planning for retirement now . . . You need to be both financially and mentally ready to retire when the time comes.”
Meanwhile, Chris Salierno, DDS says the age of 55 is when a dentist should start evaluating a practice if wanting to retire at 65 – and the value in the practice must be actively sustained until then. Finally, Roger P. Levin, DDS takes a look at getting in better financial shape in the years ahead of retirement: “the financial choices you make now can have a huge impact later. The journey to retirement is long,” he writes.
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