Retirement planning isn’t what most people would call a fun time, but there have to be reasons why the average retirement age for dentists is 69 when the average American is retiring around age 62. We all want to reach the point where work is optional, whether we choose to retire at that time or continue working for the love of our profession.
In Dental Economics, Amanda Bateman, CFP, offers five distinct reasons why dentists have a harder time retiring at an earlier age. Plus, she offers some steps dentists can take that will get them closer to their retirement goal, while laying the foundation for making work optional at an earlier age.
5 Reasons Dentists Retire 7 Years Later than the Average American (and How to Fix That)