Five financial planning tips for early career dentists

Financial planning dentistsCongratulations! You’ve made it through dental school with flying colors and your career as a dentist is taking off with a healthy income and vision of someday buying into the practice that you’re currently part of. Your outlook on life couldn’t be brighter.

However, against the backdrop of your aspirations, you’re faced with a few obstacles such as paying down dental school debt and saving enough to buy into that practice –or even staring your own.

As a wealth management firm who works closely with dentists, we know from first-hand experiences that the financial journey during the early years of a dental career is a critical time to optimize cash flow from earnings. By doing so, you are setting yourself up to realize huge dividends down the road.

As you think about achieving financial freedom, we encourage you to put these five financial planning tips into action:

As you move full steam ahead with your dental career, consider implementing our five personal planning tips to help you achieve financial independence.

For informational purposes only. Not intended as investment advice or a recommendation of any particular security or strategy. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of writing and are subject to change without notice. For more information about Wealth Dimensions, including our Form ADV Part 2A Brochure, please visit our website at www.wealthdimensions.com or contact us at 513-554-6000.