How Much Money Does an Optometrist Need to Retire?
The short answer: There is no single retirement number that works for every optometrist. An optometry practice owner needs sufficient income-producing assets and reliable income sources to support their desired lifestyle after they stop practicing, while accounting for taxes, inflation, healthcare costs, longevity, and the practice’s net value. The right number is not based on […]
Why Do Physical Therapy Practice Owners Put Off Financial Planning
Check out this article to discover the most common personal and practice-level barriers, and get tips to leverage a more structured approach to help physical therapy practice owners move their whole financial life forward with more confidence. Why do physical therapy practice owners delay financial planning? The short answer to that big question: Physical therapy […]
How Should Veterinary Practice Owners Align Their Practice and Personal Finances?
By Eric S. Miller As a veterinary practice owner, you have personal finances and practice finances. Your practice is generating substantial revenue, but is your personal net worth reflecting that success? You’re not alone. It can be difficult to know how to connect the dots between practice and personal financial success, especially if this is […]