Cite this article as:
J Can Dent Assoc 2014;80:e1
Is Your Exit Strategy
Well Crafted?
CDSPI
Reports
By Ron Haik and Susan Roberts
A Financial Planning Checklist for Dentists Gearing Up for Retirement
A
fter decades of tireless work
and diligent saving, your retirement date is finally on the horizon: in the next 3 to 5 years, you’ll be
embarking on a new, exciting stage of
your life!
However, there are some key
investment and insurance planning
issues you’ll need to carefully consider well in advance of your retirement date. Fortunately, the licensed
certified financial planners and professional insurance advisors at CDSPI
Advisory Services Inc. (in conjunction
with your other professional advisors)
can help guide you in creating a customized exit strategy. Here is a partial checklist of some issues we can
explore.
Investment Planning
Considerations
❑ Properly Structure the Sale of
Your Practice—and Manage
the Proceeds
Consult your tax professional about
the prospect of restructuring the
ownership of your practice to minimize taxes ahead of its sale (which
may i