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the Title Says It All...
ias2512 said:the Title Says It All...
vaio said:i think its about 100k salary, and ADA average for general dentists owning their practice is 180k I think..
It's an average figure though, because I know of a few dentists who make A LOT more than that
ias2512 said:the Title Says It All...
jhamer5 said:Maybe what you should really be worried about is helping people and performing a career that you love to do. I know that is why I want to go into dentistry, and I think that tons of people are going into dentistry for the wrong reasons (Money, cant get in to med school...etc). These people only take up valuable spots and then retire at 30 when they realize what the profession really entails.
jhamer5 said:Maybe what you should really be worried about is helping people and performing a career that you love to do. I know that is why I want to go into dentistry, and I think that tons of people are going into dentistry for the wrong reasons (Money, cant get in to med school...etc). These people only take up valuable spots and then retire at 30 when they realize what the profession really entails.
vaio said:where did you hear that?
-OB- said:There is no wrong reason....money and can't get into med school are two reasons some people gain interest in dentistry. I hate when people say that you should only become a dentist if you want to help people. That is not true. You can help people many other ways without going into dentistry. And besides, I doubt you will perform services for free. I wouldn't. I never had any interest in attending med school but the earning potential of dentists definately sparked my interests. From there I learned that dentistry is a career that I would love to do. Less than 40 hours a week, great pay....you can't beat it.
Audio said:.......... Also, don't forget all the write offs and under the table money that dentists take....... Dentists often deal with cash so they might not report all of their earnings...........
U2Me2 said:?????????
jhamer5 said:Maybe what you should really be worried about is helping people and performing a career that you love to do. I know that is why I want to go into dentistry, and I think that tons of people are going into dentistry for the wrong reasons (Money, cant get in to med school...etc). These people only take up valuable spots and then retire at 30 when they realize what the profession really entails.
ias2512 said:the Title Says It All...
Audio said:it's a sad reality. didn't they bust al capone on something like that
the way you wrote it, i pictured someone going on the internet to purchase a spouse and kidsswanlake said:Your potential income ranges from 100k to multi-million $$$$
However, the bottom line is you will earn......
"ENOUGH TO AFFORD YOUR FAMILY.... " -- that's what matters the MOST!
busupshot83 said:$170,000-ish is the average for a general practioner.
U2Me2 said:Very interesting, I didn't know Al Capone was a dentist.
coolslugs said:is that before or after deductions?
Rezdawg said:Another thing to keep in mind is that many dentists who report their salary earnings also work 4 days a week.
LadyxJC said:how much on average do dentists make straight out of dental school? Because I'd assume that your earnings increase with experience... being that at first you may not have as many patients, etc.
i remember a dentist told me that straight out of dental school, it's not surprising that a dentist makes 50k... is that true?
r0entgen said:i think that figure is before taxes, but after deductions of expenses. i recall the ada site stating that the avg gross income of general dentists in private practise is 800K or so...
yepAudio said:I've heard that if you're not making around 100K out of school, you're doing something wrong!
JakeMUSC said:I just met Dr.Dorfman, you know from Extreme Makeover.........he's a multi millionaire.............THE SKY IS THE LIMIT
yeah....Bill is the man....he came to talk to us First Years....it was like a mix between having Dr.Phil, Rudy and the Donald talk to us.....he was like..."I was where you are at right now......broke...no car....lowly first year....and how you like me now?!?!?!?!"polarnut said:that's funny. dr. dorfman is the one who first got me interested in dentistry. he came to visit my school (UCLA) as an alumnus and we had a nice chit chat. i toured his beverly hills office and the rest is history!
im gonna visit him soon and tell him i got in!
polarnut said:that's funny. dr. dorfman is the one who first got me interested in dentistry 3 years ago. he came to visit my school (UCLA) as an alumnus and we had a nice chit chat. i toured his beverly hills office and the rest is history!
im gonna visit him soon and tell him i got in!
ias2512 said:the Title Says It All...
JakeMUSC said:he was like..."I was where you are at right now......broke...no car....lowly first year....and how you like me now?!?!?!?!"
JakeMUSC said:I just met Dr.Dorfman, you know from Extreme Makeover.........he's a multi millionaire.............THE SKY IS THE LIMIT
drhobie7 said:I've heard Dorfman pulls $4 mil from Discus Dental and $3 mil from his dental practice, which is probably gross not net. Don't ask me where I heard this from 'cause I can't recall. From what I've heard his fees are double the expensive end of private practice.
PDizzle said:and about 45-47 weeks/year. Dentists have it made.
Now all I need is to get into dental school!
Dr. Parm said:There is a Dr. Dorfman in NYC who I shadowed. An a-hole of a guy ( which, I guess, can be explained through his Oral Surgery certificate) but had a bustling practice. The guy owned a nice yatch that he was trying to sell to someone (do not ask me why he confided his financial dealings of the day with me). Might this be the same guy? This guy's name is Dr. Jeff Dorfman.
drhobie7 said:From what I've heard his fees are double the expensive end of private practice.
trust068 said:40% of your income are taxed because you are in the higher tax bracket and some place might require you to buy your own malpractice insurance (1g-2g per month).
Dutchboy said:One of the dentists my wife works for was recently busted for tax fraud. He was writing off a ton of money that he was "spending" on dental consulting. In reality it was just some made up company of his. He had to pay back taxes and I think he was on house arrest for like 6 months.
adamlc18 said:DOn't forget to take out another 10% for your state taxes.
Dr. Parm said:Although this is way the heck in the future for most of us, and in the near future for some of us, I am sure there are ways around the 40% tax. If you set up ur practice as a corporation, you are likely to get tax breaks, and provided you have a competent accountant/tax attorney, thats more money in your pocket. Correct me if I am wrong dear friends.
12YearOldKid said:Like so many others you have bought into the lie that the rich don't pay taxes. The government will take you to the cleaners when you get out of school. Corporation or not you are gonna get the shake down.
BTW, income taxes are relatively low right now. You can rest assured that rates aren't going anywhere but up in the foreseeable future.
Far Cry said:a good source for this information is the recent october 2005 CRA newsletter which has the overall avgs for gross and net incomes. a friend of mine also broke down the info by state.