FIRE Crossroads 018: Grossing 7 Figures Annually as a Dentist Story

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It’s an enviable dilemma. How does one retire when the job is so good, pays extraordinarily well, allows for ample time for family and hobbies, and you may be able to pass the business on to a child one day?

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[{"selector":"#anim-640bc69e-575a-4261-891c-cfec61e820e2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c7b972dc-f421-4933-a926-de03dd763ae6","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-7470559c-f5c5-4764-8324-4dcda0a329cf","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Thus far, his answer has simply been to keep on keepin’ on, at least for the time being. Financially, he and his wife have at least triple their original financial independence goal, and the new 8-figure goal can’t be too far off. White Frame Corner Read More

Still, he feels at least a little bit of insecurity when it comes to money, which may very well stem from the destitute situation in which he grew up.

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[{"selector":"#anim-3b5117cc-a848-40f0-be8f-744df3aa5020","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ac4fd50-b906-49f5-850b-64f198d9b1c4","keyframes":{"transform":["translate3d(96.81698%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Where are you on your financial independence journey? Have you crossed the halfway point in terms of net worth and/or passive income? Hey Leif! Thanks for the opportunity to share my story and encourage our community to keep FIRE’N off. Read More

First and foremost, we are not financial experts by any means under the sun. We are still trying to figure it out. So, I will be ok with some of the hits I will receive in the comments, LOL. We have been very lucky in our lives and choices and are considered super savers, consistently saving 30-50% of our incomes. Gray Frame Corner Read More

We, (my wife and family, because I couldn’t do it without them) came to the conclusion we were financially independent in 2010. I contemplated “what now” a lot that year and decided to keep working for many reasons.

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1) I have always enjoyed my job. 2) It became a game to see how much we could accumulate. 3) We want to help my children and leave a future legacy as much as we can.

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