Dentist income??

[viper500190]

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Is it possible to make an average Per Year of approx $400,000 over the course of your whole career as a dentist (from start to finish)?

Please give some info about the financial/income aspect of dentistry. if you have any reliable/practical/well researched knowledge of the subject.

Also what do you think about the future for the occupation for Dentistry?

Read on for more or just respond to the post since sometimes people don't like to read a whole lot.

I am currently a junior in college and pre-dental and I would like to know how much the income potential is for a dentist. I hear a lot of conflicting views. One is that dentists can make $120,000 to over a million. The other career option is doing some type of a MBA program or some type of investment banking. However I like to work with people and make them feel better. In the process of doing so I want to make a lot of money and live a good lifestyle, which I am willing to work hard to achieve. In addition I like to own my bussiness where I can be my own boss.

I enjoy science and I think the feild of dentistry to be interesting, however Money and lifestyle are important factors to me when choosing a career. Where I live, unfortunately a household income of $95,000 is just barely making it for a family. (Long Island, NY)


According to the ADA the average is approx 210,000 for a dentist owning all or part of their practice. Obviously some make more and some make less. So I would like to see some of your insights into this topic. Also how easy is it to buy into a practice or become a partner? and how much can you expect to take home out of your production? I would like to preferably be in a big city-type area.

So I know this is a sensitive topic for some. Please do not post if you think I "shouldn't be interested in the money" and post some type of irrelevant response. I am looking for good candid responses, preferably of practicing dentists, anyone who personally knows a dentist's particular income situation or someone who has done reliable research on the topic. Also please cite some type of source, whether it be a person off the street, your dentist, a dentist, someone who knows a dentist, etc.

I greatly will appreciate the responses to this post. It may help me to avoid doing something dumb like not go into dentistry since I don't think the income potential is there.

Feel free to Private message me if you would like to communicate privately.
😕

 

[dentss]

say that to the interviewers and you'll just do fine with what comes out of it

 

[321931]

Whats up with all the trolls lately? Medical boards are hella trolled now-a-days. I guess they come here now -_-

 

[UCLAzy]

Whats up with all the trolls lately? Medical boards are hella trolled now-a-days. I guess they come here now -_-

the veil of anonymity that the internet provides is often too much for people to handle. =\

 

[321931]

Anyways to answer the OP, I would think that the reverse income of someones philanthropy would make sense as to how the numbers add up. If you look at the education level and the PDF's that ADA hands out, it will show a correlation with the monetary gains in the world as a Dentist. Not only will it show that, but it will also show the future of Dental Health as stated by the AMA which is a huge governing board towards the future of Dental politics. That being said, I do urge you to look into these governing facts and proceed with caution into the dental healthcare realm.

 

[bday185]

I suggest you should put this thread on dental forum, not pre-dental.

 

[dentalWorks]

Is it possible to make an average Per Year of approx $400,000 over the course of your whole career as a dentist (from start to finish)?

Please give some info about the financial/income aspect of dentistry. if you have any reliable/practical/well researched knowledge of the subject.

Also what do you think about the future for the occupation for Dentistry?

Read on for more or just respond to the post since sometimes people don't like to read a whole lot.

I am currently a junior in college and pre-dental and I would like to know how much the income potential is for a dentist. I hear a lot of conflicting views. One is that dentists can make $120,000 to over a million. The other career option is doing some type of a MBA program or some type of investment banking. However I like to work with people and make them feel better. In the process of doing so I want to make a lot of money and live a good lifestyle, which I am willing to work hard to achieve. In addition I like to own my bussiness where I can be my own boss.

I enjoy science and I think the feild of dentistry to be interesting, however Money and lifestyle are important factors to me when choosing a career. Where I live, unfortunately a household income of $95,000 is just barely making it for a family. (Long Island, NY)


According to the ADA the average is approx 210,000 for a dentist owning all or part of their practice. Obviously some make more and some make less. So I would like to see some of your insights into this topic. Also how easy is it to buy into a practice or become a partner? and how much can you expect to take home out of your production? I would like to preferably be in a big city-type area.

So I know this is a sensitive topic for some. Please do not post if you think I "shouldn't be interested in the money" and post some type of irrelevant response. I am looking for good candid responses, preferably of practicing dentists, anyone who personally knows a dentist's particular income situation or someone who has done reliable research on the topic. Also please cite some type of source, whether it be a person off the street, your dentist, a dentist, someone who knows a dentist, etc.

I greatly will appreciate the responses to this post. It may help me to avoid doing something dumb like not go into dentistry since I don't think the income potential is there.

Feel free to Private message me if you would like to communicate privately.
😕

The word "average" is sorta skewed because... it doesn't represent the salary of the newly graduate dentist (which I believe is what EVERY pre-dental student wants to know).... we all want to graduate dental school and sit in brand new Ferraris, lets get real dudes, with 200-400k of dental school + undergrad debt, your lucky to own a brand new Honda Civic

What you are asking about is, can you make 400k RIGHT out of dental school? 99% of the time the answer is "hell no". Are you able to make close to that amount right out of dental school? 99% of the time, again, "hell no"

Are you able to pull off 400k after 5-10 years working as a GP (and have some SERIOUSLY strong business motivations and skills)..... answer is "maybe".

 

[Odontos2015]

(@OP) it sounds like investment banking would be a much better fit for you.

 

[duckdds]

(@OP) it sounds like investment banking would be a much better fit for you.

👍

 

[7 Iron]

400k a year as a dentist is possible after building up and owning a successful practice after a good 10 years or so... but you'll make nowhere close to that out of school. Also, comparing something like i-banking with dentistry is like comparing apples and oranges... they really are completely different fields. So you will have to decide what lifestyle you'd rather have.

 

[dentalWorks]

(@OP) it sounds like investment banking would be a much better fit for you.

unfortunately, its much easier to become a successful dentist than a successful investment banker.

 

[Odontos2015]

unfortunately, its much easier to become a successful dentist than a successful investment banker.

Assuming you've been accepted into and made it through dental school, this is true. But I was being slightly sarcastic and trying to make a different point. While it's very likely the OP is simply trolling, this mentality does not belong in the dental profession. As a health care professional, one's interests should first and foremost revolve around providing quality care to patients and always striving to become better clinician. The financial aspect is secondary. That is what makes the health care profession unique and separates it from other professions. That is what excites me about going into dentistry. Yes, dental education is expensive and dentists should be rewarded for their time and financial commitment, but this reward goes beyond monetary compensation.

 

[viper500190]

No I am not "trolling" as I do not even know what that is. I am simply trying to figure out whether or not you can make good money as a dentist. Personally I find dentistry to be interesting, and I enjoy helping people, however for my career I need something that makes money, if that is not ok for you, thats fine.

 

[persenmi]

OP its important to remember that the USA uses a graduated tax system (the more you make the more you pay). Middle income earners (professionals making roughly 100k-800k) pay the highest tax rates whereas investment bankers and entrepreneurs who "cash flow" know how to avoid taxes altogether. Yes that's right, the rich have a 0% tax rate, don't kid yourself 😉. Therefore, only go into dentistry if you love it because you will not make tons of $ doing it especially with the cost of dental school these days. Student indebtedness combined with a dwindling middle class (patients who pay for dental care) in America (~42,000,000 on food stamps as of today) will greatly reduce the lucrativeness of dentistry in the future. Yes, I am bearish on the future of dentistry. So why am I still doing it? Because driving a BMW is not what motivates me. Working with my hands, making an honest living, contributing something valuable to society, helping others and being my own boss does.

 

[yappy]

Dang... how does one even eat on the 100-200k salary range.

(professionals making roughly 100k-800k) pay the highest tax rates whereas investment bankers and entrepreneurs who "cash flow" know how to avoid taxes altogether. Yes that's right, the rich have a 0% tax rate, don't kid yourself 😉. Therefore, only go into dentistry if you love it because you will not make tons of $ doing it especially with the cost of dental school these days.

 

[RSimon]

Your potential is unlimited, granted that you may not make a fortune on income as a dentist but what you do with that money could. Be smart, diversify, and invest in things that have some sort of decent return. It may cost a fair amount initially but over time keep investing in different areas and you could eventually have your dental income plus your other returns to yield a substantial annual income. This is assuming the economy doesnt go to $h.. but regardless people have to spend money, look around, research, invest wisely, and build an empire.

If you people have problems with trolls you could just stop replying to them instead of complaining about it all the time.

 

[321931]

No I am not "trolling" as I do not even know what that is. I am simply trying to figure out whether or not you can make good money as a dentist. Personally I find dentistry to be interesting, and I enjoy helping people, however for my career I need something that makes money, if that is not ok for you, thats fine.

The frank results of monetary gain coupled with the ADA support of licensed dentists has seen its fair share of better results. According to the EULA of payscale, it will show the average monetary gains and the coupled averages of the education level of such terms. I would advise you to consult these averages associated with PDF files distributed by the ADA in order to see if dentistry is for you.

 

[hopefullyadent]

Of course u can make bank being a dentist dude...just work hard get into that ortho residency and u easily make 2 million bucks..all hot women will come running to u


nobody should answer these DUMB QUESTIONS:' Is it possible to make an average Per Year of approx $400,000 over the course of your whole career as a dentist (from start to finish)'?

NOTHING IS GUARANTEED IN LIFE EXCEPT DEATH AND TAXES buddy

seriously i can't believe how immature soooo many of these premed/predental kids are..AND I LOVE THEIR EMPTY SENTENCES:

"I like to work with people and make them feel better". and IMMEDIATELY AFTER THIS HE SAYS: 'In the process of doing so I want to make a lot of money' HAHAHHA LOL

.this guy is A JUNIOR in college and he's asking these questions...what a joke lol...nothing makes me laugh more than these premed/predent gunners who have no understanding of money, how hard it is to get, / the function of money, ETC....lol i love it


he also HAS LIKE 5 THREADS ON THE SAME TOPIC LOL

 

[dentalpath]

Why are some people hating on the OP? He asked an honest questions and being a junior in college probably doesn't know the income potential of a dentist. I know I did the math before starting on this path. Why in the world would I want to take on a 250k loan without knowing I'll be able to pay it off? Seriously people, stop acting all altruistic and ridiculous. Answer the questions and if you don't have anything informative to say, go to another thread.

 

[sbdento]

Sure investment bankers make bank, but they are locked in an office for 80-100 hours/week (according to my research 🙂), are constantly under pressure and stress. Sure, as a dentist you have to work hard and have stress and pressure but you get to meet and be around nice people all day, you can choose your hours, assuming that you are in an established private practice, and make enough money to live comfortably.