In today’s episode of “Financial Wisdom for Dentists,” we’re going to delve into the topic of assessing your financial health. We’ll be covering some important questions you should ask yourself to gain a better understanding of where you stand financially.

In today’s episode of “Financial Wisdom for Dentists”, we have a question from a dentist in his early 40s who’s been contributing to a variable annuity for about a decade. He has around $300,000 invested in it but has noticed that the annuity hasn’t been performing well and carries high fees. He’s considering whether it’s worth converting this old plan into something better.

In this episode of Financial Planning for Dentists Roger answers a question for a dentist who is contemplating financial planning. Don’t forget to subscribe to our videocast and join us next time for more valuable insights. Take care and stay financially wise!

Oh, one more thing if you know anyone who would find this valuable don’t hesitate to pass it along.

“In ‘My Two Cents’: The Penalty Kick Principle—Strategic Insights from US Women’s Soccer vs. Sweden. Join host Roger Balser as he dissects the unexpected match outcome, revealing how applying soccer’s Penalty Kick Principle to decision-making in life and finance can lead to remarkable results. Embrace the unexpected, challenge norms, and make calculated risks your winning strategy.”

One day at the bar…

Stranger: Hey what do you do?

Me: I’m a financial adviser.

Stranger: I have X dollars can you give me an idea what to put it into to make money?

Me: Sure. Do you know what company will be the next Tesla or Apple? Buy it.

I hope you see how silly this is. 

This scenario happens almost every time someone finds out that I am in the financial services business.

Please if you are one of those folks who ask this silly question…STOP!

I don’t have a crystal ball.

I can’t tell the future.

If I could do you think I would give that advice for FREE!