Achieving Financial Independence
Join the 5% of dentists who can afford to retire at age 65. Using these winning financial strategies, you can develop a personalized game plan to reach financial freedom. This hard-hitting program contains “inside information” that you simply can’t find elsewhere - gleaned from over 30 years of working exclusively with the dental profession. Highlights include:
- Develop winning saving and debt reduction strategies
- Slash children’s educational costs by 50% or more
- Save thousands in unnecessary insurance costs
- Huge tax-deductible retirement savings strategies
- Discover tax-free income secrets
- Increase business tax deductions
- Simple steps to increase profitability
- Reduce stress - control your money
Doctors Approaching Retirement
You will face more decisions in the last five years of practice than at any time during your career and these decisions are some of the most important you'll ever make. Unfortunately, most doctors have neither the time nor the financial training to effectively address the numerous financial issues relating to retirement, including how and when to sell your practice, methods to reduce taxes on practice sales, when and how to take retirement plan and IRA distributions, how to convert to tax-free Roth IRAs, how to meet cash flow needs in retirement, and proper investment strategies. As a result, many doctors lose hundreds of thousands of dollars due to financial errors in these critically important areas. Learn the leading edge strategies necessary to develop a well-designed, customized game plan to assure a successful retirement.
Estate Planning, FLPs and Asset Protection Strategies
Are you paying too much and ending up with too little? This course will help you gain an understanding of the federal estate and gift tax rules, successful estate planning strategies, asset protection strategies, and aggressive family tax planning strategies, to dramatically slash taxes and protect your family. Learn how to:
- Save your family $500,000 (prevent estate planning mistakes)
- Asset protection devices dentists should know
- Use Family Limited Partnerships to slash taxes and protect assets
- Minimize taxes on practice sale/real estate
- Maximize tax benefits as practice buyer
- Proper insurance coverages
Successful Investment Strategies
Over 90% of doctors do not understand their true investment returns, the fees, commissions, and other charges they are paying, and the impact that investment performance will have on their ability to successfully retire. Unfortunately, this ignorance routinely robs doctors of hundreds of thousands of dollars, and sometimes millions of dollars, in their retirement nest egg. This fast-paced, technology-based program will teach doctors how to avoid the most common investment errors plaguing them and the best strategies for improving investment returns. Topics covered include:
- A review of current economic conditions and the investment environment
- Understand your portfolio and design proper asset allocation based on age and risk profiles
- How to use DRIPS, automatic saving plans, and investing programs using dollar cost averaging
- Reduce excessive commissions & fees by understanding front-end / back-end loaded investments
- Proper performance monitoring and advisory relationship issues critical to success
- Investment strategies for slashing taxes through proper gain/loss and charitable gifting planning
Transitions in Tough Times
Learn how to thrive - not just survive - in tough times. The decision to succeed is in your hands. This course will teach you how to come through tough times better, not beaten. Learn proven practice transition strategies that work. Position your practice to maximize the benefit whether your transition plans are immediate, near-term, or longer. Just some of the topics covered at this entertaining (yes, actually fun!) and productive course are:
- Practice values are not declining
- Financing is still available
- Taking control of what you control
- Determining the best time for a transition
- How to nurture a successful associate
- Partnerships: Buy-ins/Buy-outs
- The drivers of fair market value
- Selling your practice and keeping the most
