4min chapter

The Dentist Money Show | Financial Planning & Wealth Management cover image

#371: Fan Favorite – 2022 Financial Benchmarks Are In!

The Dentist Money Show | Financial Planning & Wealth Management

CHAPTER

Is It Cool to Benchmark Net Worth?

The average dentist advisor client is a good five years, almost like four to five years ahead of schedule on where I would want the ideal kind of average pace total term to be in their mid 40s. When that number is close to 30 or above, that means you are statistically going to be pretty financially independent forever. The first 10 points are really slow. The last 10 are way faster than the first 10. It speeds up. But when I hear the average age is almost 40, it's 39 years old and the average total term is almost nine. We'll tell people all the time for the average person who wants to have an average retirement age, meaning probably, you know, young

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