The young man knows the rules, but the old man knows the exceptions.-Oliver WendellÂ Holmes
Welcome to the Association of Retiring Dentists website
Save the Date - ARD Annual Meeting 2014
We are happy to give you early information about our next Annual Meeting. As in previous years it will be at the Best Western Executive Court and Banquet Facility near the Manchester-Boston Regional airport in Manchester, NH, on Friday, October 24, 2014. Common requests we have been hearing over the years have been to have more information about finances, so this Annual Meeting will be entirely devoted to various ways finances play a role as we transition to this next stage of our lives.
Our morning speaker is the highly regarded Robert Powell, Editor of Retirement Weekly, an online publication of the Wall Street Journal's Market Watch. His topic is "The Pitfalls and Challenges of Retirement: 15 Risks to Consider". The afternoon will begin with David Miller from Bank of America presenting a workshop on “Understanding your Cash-flow to Maximize the Sale of your Dental Practice." More of the afternoon program will be described as soon as it has been confirmed.
Recently I was in Boston at the 2014 Yankee Dental Conference, the fifth largest dental meeting in the country. The conference was all-encompassing as well as an opportunity to connect with interested and interesting colleagues. While there I ran into Phil, a Northeast Regional Board friend from Maine. Phil seemed "out of place", manning a booth as a "Salesman" for a public health clinic. Our subsequent conversation was enlightening. He shared career decisions similar to those faced by most of us in the ARD and sent me this email continuing our discussion. I think his story is relevant, insightful and provides another perspective as we transition through this stage in our lives. This is Phil’s message to me, and to all of us:
Ed note: click on an image to view the larger version.
Responding to a mass email from our Association of Retiring Dentists, Charlie Levy, a periodontist from Cape Cod, and I, a general dentist from New Jersey, traveled to western Kenya to provide care for the Maasai people. The two-week trip included six days of patient care, two days of safari drives, two free days in Nairobi, and some long days of travel.
The 5th Annual Meeting of the ARD went well from many standpoints. We had dentists from 12 states; comments were generally very positive; there was active audience participation, and 14 dentists expressed a desire to start up groups in their local areas.
Jeff asked us, “What does retirement mean to you?” Here are some answers:
Freedom allows us to make choices about what to do with our time, so that we can relax, and have fun. In addition, ARD recognizes that a sense of purpose is also crucial for a fulfilling retirement. We are also finding that many dentists should be slow at relinquishing their licenses after selling their practices because a license allows a dentist to volunteer, practice part time, and earn money if desired.
Another topic Jeff addressed was “How much money do I need to retire?”
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