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