Retirement is a time of transition for many, and dentists are no exception. While it may seem unlikely, it is possible for a retired dentist to pursue a satisfying second career as an electrician. After all, dentists and electricians have a few things in common. Both diagnose problems and use a variety of hand tools at work.
The best results will be achieved with a smooth baton pass in which your team and new leaders will launch into another winning era of dentistry. This will help them retain many of their patients and many dentists find this a beneficial way of doing things, as they also have time to help their patients adapt. When it comes to financial planning and investment support, it can be difficult for dentists to know who to trust and where to turn. Fortunately, there are plenty of options available for those looking to make the transition from the daily work of dentistry to a life free of that responsibility.
From jobs that use the skills acquired during their dental career to stepping stones to a different career, there are plenty of options available. Contrary to popular belief, dentists may actually be the ones earning the most income when compared to other medical professionals. Data shows that the average GP is likely the highest-earning professional in the country. However, it's important to remember that when starting out, dentists may feel the burden of student debt.
It's also important for dentists to be aware of the decisions they make between the ages of 58 and 62, as these decisions will affect them for the rest of their lives. Too often, they are persuaded to buy insurance and investment products that serve the best interests of their “advisor”, who was motivated by the commission and not by the best interests of the dentist.