John G. McCarthy III[email protected]Dental PracticeDon't let rising interest rates catch you by surpriseAdjustments to interest rates might seem like an abstract topic on the news, but as financial planner John G. McCarthy III writes, the additional money you may have to pay each month on your student loans, practice mortgage, or credit cards is very real. He offers some options to help you adjust your finances to limit any surprising cost increases.November 8, 2017Dental PracticeDo your finances need a fall cleaning?Autumn brings more than pumpkin-flavored beverages and colorful leaves, writes financial planner John G. McCarthy III. It also brings the opportunity for you to take a look at how your practice and your investments are performing and to make any adjustments, so you not only end the year positively but also prepare yourself for the next season -- tax season.October 4, 2017Dental PracticeHow to get a bigger Social Security retirement benefitMany practice owners are deciding to delay retirement and continue working into their 60s and even 70s. Some, however, may be tempted to begin drawing from their Social Security benefits at age 62, the earliest possible time, to boost their monthly income. Waiting to begin drawing your benefits, however, may increase the monthly sum you receive. Financial planner John G. McCarthy III details the options in his latest column.June 26, 2017Dental PracticeManaging an inheritanceAn inheritance may come at a difficult time for you and your family. However, as these bequests can greatly influence your financial planning, having a plan in place can be helpful. As financial planner John G. McCarthy III explains, there are different strategies depending on what type of inheritance is received.February 8, 2017Dental Practice6 factors that determine how much money you need to retireHow much money will it take for you to retire from your dental practice in style? Will $1 million do the trick? How about $5 million? Or perhaps you can get by on less. As financial planner John G. McCarthy III explains, you have to take several factors into consideration when planning your retirement.December 28, 2016Dental PracticeCreating a diversified portfolioYou are familiar with the adage "Don't put all your eggs in one basket." As financial planner John G. McCarthy III explains, that phrase is never more true than when it comes to your investment portfolio. A diversified portfolio will help you, and your family, weather varying economic cycles as your practice grows.November 30, 2016Dental PracticePreparing your estate plan for changes in tax rulesU.S. estate tax laws have changed four times since 2008: How do you know when you need to adjust your estate plan and what changes to make? Financial planner John G. McCarthy III explains how you can keep your estate plan relevant and flexible.October 5, 2016Dental PracticeKey-person insurance can be a small business' lifelineHave you insured what could be your most valuable asset -- your partner or associate? If not, you should consider "key-person" insurance. Financial planner John G. McCarthy III explains how practice owners can benefit from key-person policies.September 14, 2016Dental PracticePlanning for a longer retirementThe good news is that we, in general, are living longer. One of the outcomes of this pleasant development, however, is that we also need to make financial resources last longer. Financial planner John G. McCarthy III has some ideas you can put into practice immediately.August 31, 2016Practice SalesHow buy-sell agreements can protect your practiceTwo middle-aged dentists own a practice as equal partners, but, tragically, one suddenly has a massive heart attack while jogging and dies. Not only does the surviving dentist lose a friend and partner, he finds himself with a new co-owner, his partner's wife. The result is chaos, writes financial planner John G. McCarthy III.July 6, 2016Page 1 of 2Next PageTop StoriesRestorationsWhen DME should be used prior to restorationsDeep margin elevation (DME) may effectively address various clinical challenges associated with subgingival margins before restorations, but it can't be used on every patient, according to a review article published in the Journal of Dentistry.Smile DesignNew ways to restore teeth may upend dentistryRestorationsThese materials show promise for filling dental defectsLegal IssuesDental assistant accused of abusing pediatric patientsSponsor ContentWhat dental technologies deliver the greatest practice revenue opportunities?
