I can honestly say that some of the greatest financial minds I know are those of dentists. These dentists didn’t start out this way. In fact, they made a lot of mistakes. But they learned from those mistakes and went on to become what you and I would consider great financial success stories.
This group has a great deal to teach us about what works and what doesn’t. In fact, they don’t just have a lot to teach us— they want to teach us. That’s why I wrote this book.
You see, dentists don’t talk to each other about their finances. They may hint sometimes at their successes, but they rarely mention the financial mistakes they’ve made. This means dentists miss out on the opportunity to learn from one another. That’s too bad, because learning from someone else’s mistakes can be far less costly than learning from your own.
I believe one of the problems in our society is that we are all expected to be fiscally intelligent. It is embarrassing to screw up, especially if you lose a lot of money. People want guarantees when it comes to financial decision making and predicting the future. However, the problem is often those who provide that security don’t know what they’re talking about. As the British philosopher Bertrand Russell put it, “The whole problem with the world is that fools and fanatics are always so certain of themselves, and wise people so full of doubts.”
I have had the benefit of learning from a financially savvy group of dentists during the past twenty years. I have also learned from dentists who did not achieve a high level of financial success. These experiences have had a great impact on my life, my business, and the families I work with at McNulty Group.
My goal in writing this book is to share these experiences with you. I want to help you understand how we structured our clients’ lives so they could best achieve financial success and a sustainable retirement. I also want to provide a venue for this elite group of dentists to share their experiences, in the hope their input will improve your life, your practice, and the lives of those around you.
Each Module is an executive summary of McNulty knowledge and programs. We provide the basics that will help you evaluate your OWN financial goals— Real numbers showing how colleagues have done financially.
Together, in 7 Modules, we discover how dentists measured up yesterday and how you will measure up today.
One chance to Sell. One chance to Retire. One chance to Get it Right.Download Module >
This module illustrates the important Hows and Whys of exceptional financial achievement by your colleagues.
It’s a great sentiment for dentists to keep in mind. We’ve found that most dentists overestimate how much money they need in order to retire.
Demand is up. Supply is down. So—Your Dental practice value is at an all time high.
Tax planning is the area of financial management that provides the greatest opportunity to add MORE money to your retirement.
You are ready to implement “ the Plan.” You will invest your nest egg. You will generate the cash flow you’ll need to enjoy the rest of your life!
Despite public perception or what you might have heard, many dentists have great financial know-how. This select group has a lot to teach us about what works and what doesn’t.
“I was fortunate enough to get an advance copy of the $6 Million Dentist just before my vacation. Couldn't get enough of Marks' new book. It is a must read for those of you who are realistic about getting to the finish line with a pot of gold. Mark is a serious player in financial planning and will assist those who want to be shown by true examples what it takes to look after your family and have a secure retirement. This book goes through a step by step approach laying out the pathway for the ultimate retirement of financial freedom. The easy to read book will be one of the best investments of your time that you will make. This is the pearl that dental school left out.”
Jordan L Soll B.Sc., D.D.S. Dip. ABAD
Mark is President of McNulty Group, a group responsible for managing over $250 million of Ontario dentists’ retirement savings. Mark helps professional families transition from a life of successful practice to a stress-free retirement. In addition to multiple television and radio appearances, Mark is the author of The Transition Coach 2.0–A Canadian Dentist’s Guide to a Perfect Retirement, and The $6 Million Dollar Dentist, is a regular columnist in The Professional Advisory for Dental Professionals, and is a regular contributor to Ontario Dentist.Meet the team +