Get a life map
No one can predict the future -- but you can plan for it! That's why we recommend that dentists create a life map -- a year-by-year blueprint of their professional and personal lives, now through retirement. A life map focuses on key events based on a doctor's age, financial position, spending habits, lifestyle, family situation, and tuition needs over a lifetime.
Understand where you want to go. What are your goals for your practice and your life? Do you want to have a practice that generates $1 million, $1.5 million, or more? Do you want to work only three and a half days? Retire by 55? Buy another practice? Take a monthlong vacation in Europe? A life map is a tool that helps you articulate your goals and devise a plan for achieving them successfully.
Don't wait to plan. Whether you are starting out or have been practicing for 30 years, now is the best time to create a life map. This tool will not only help you see the potential the future holds, but it will motivate you to make your goals and dreams a reality.
