On this listener Q&A episode of the Dentist Money™ Show, Ryan and Matt answer a couple of common end-of-year retirement plan questions. And, after watching some U.S. markets reach all-time highs, are you wondering if it’s still a good time to make a lump sum investment? “Backdoor” Roth IRA’s can be effective, but there can be a few complications you should know about. Plus, when putting retirement funds into an extra entity you’ve set up, the IRS has some rules you definitely need to know.
On this episode of the Dentist Money™ Show, Ryan welcomes Rob Montgomery whose firm has specialized in legal counsel for dentists for over 20 years. Throughout your dental career you will probably sign associate agreements, leases, acquisition documents, and even sell your practice. Rob takes Ryan through many of the legal nuances you need to be aware of before you ever sign on the dotted line. “Caveat emptor” takes on even greater significance when you have so much at stake.
On this episode of the Dentist Money™ Show, Ryan & Matt have put together a year-end checklist of financial jobs you can’t ignore. As the year draws to a close there is a lot going on, but Ryan & Matt are on top of things making sure you don’t forget to complete important practice and personal end-of-year tax items. Here are 10 things that need to be done before December 31st—and a few items that can wait until you file your taxes.
On this episode of the Dentist Money™ Show, Reese and Ryan have a conversation about happiness, experiences, and possessions. How can you ensure all the moving pieces that make up your busy life actually enhance its quality? Your brain is constantly jumping from the present to distractions like your to-do list and other worries. While the purchase of things might bring short-term pleasure, Ryan and Reese explore why anticipation of an event excites the brain—making the experience more enjoyable and memorable.
Does it seem like good luck passes by your door without ever knocking? On this episode of the Dentist Money™ Show, recorded on a Friday the 13th, Ryan and Matt talk about typical mistakes that make dentists feel unlucky. You may be using bad luck as an excuse to cover up what are actually bad decisions. Ryan and Matt illustrate how changing your luck often requires that you change your approach when making decisions. Being more diligent with your investment strategy or more organized at your practice are two ways you can turn the table on a run of bad luck. Before you blame a lack of luck, hear what you can do to change your fortune