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Page 1 of 16
Message Board
Views: 944 | Replies: 29
minimal cost to keep it. I will not let mine lapse. Mack I would think it's a very low risk high reward situation. Especially if you do not have to pay for liability insurance, disability insurance, workers comp etc and so on the cost of keeping you license would be so minimal in comparison and I
May 28, 2026
Retirement Planning
Message Board
Views: 447 | Replies: 24
on Dental Insurance. Especially the ones that don't pay! Surround yourself with top quality specialists.You don't have to do everything. Do the procedures you enjoy. Patients today are a lot different today. We have a mobile society, Some will stay forever. You may see 3 generations. Time is our most
May 26, 2026
Retirement Planning
Message Board
Views: 98232 | Replies: 4230
form of work. I bet you can do remote insurance denials if you wanted! If I retire, my wife might want to go back to work...heck, even with a teacher salary...50k w/ health benefits...that's super huge when add to the passive income. I have a friend who has looked for this kind of work and he
January 16, 2024
Retirement Planning
Message Board
Views: 1294 | Replies: 73
significant. I have a rental house in town that I dislike so I would sell that one day, sell my main house and add some generated income to buy a new house. I would not sell your Porsche. Trust me. You will regret it. The price of insurance on that car is probably not too bad with 6 cars -- my third car
May 08, 2026
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
rate notes. That is what killed the builder I was working for in 1980. I'm no expert but if I had debt, I'd make sure the rate is locked in. Now. I think we are in denial about inflation right now but that will change very soon. Maybe theere are better tools today but that will likely bring
May 03, 2021
Retirement Planning
Message Board
Views: 324 | Replies: 14
Looking for help with my retirement plans. I am 62 and am currently employed by a corp which provides me and my family with health insurance. I previously owned a practice and still have the PC registered even though there's really no business or employees. How would I go about acquiring health
August 15, 2020
Retirement Planning
Message Board
Views: 8703 | Replies: 371
providers to keep them with the same fees at a location but overall, don't assume corps are getting a better deal. I think offices focus on the end issues with insurance companies - they see the reimbursements on the EOBs and they know who they have hassles with in regards to denials and claims getting
December 12, 2014
Retirement Planning
Message Board
Views: 350 | Replies: 16
Ok dentists... Medical Insurance Plans for our Families... What do you do for a family? I am getting my renewal for insurance and it has gone up another 18% so my auto monthly payment for 5 people is $2,120/mo! That gives me a deductible of $3,200 per person where I pay 100% out of pocket
October 03, 2024
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
a followup on the Annuity discussion- I am doing the paperwork to liquidate my dad's Genworth annuity, and, true to form, they are making it difficult to get the money. I had this very same experience when dealing with them in regards to my mom's long term care insurance. I also had this same
February 07, 2026
Retirement Planning
Message Board
Views: 91 | Replies: 2
Anyone have knowledge about the SEE , small employer exclusion. When the business that provides your health insurance has less than 20 employees you have to sign up for and pay for Medicare or you will be penalized permanently on your Medicare cost. ThE SEE should let me opt out of Medicare for now
December 09, 2025
Retirement Planning
Message Board
Views: 848 | Replies: 23
are a marathon runner, you will be rated lower. I was supposed to get a dividend after 2 yrs that would have chopped the premium in half. I got rated, so I let it sit for a year and then had the insurance run the blood again. This time, I talked to my doc about how to improve my numbers. My glucose
April 13, 2018
Retirement Planning
Message Board
Views: 5530 | Replies: 386
when I go back for a prophy! And look at you now, Jaws -- a bitter, lonely, old curmudgeon who has nothing better to do every day but log onto DentalTown and harass the poor schlubs who are still working. Tsk, tsk, tsk. Denial isn't just a river in Egypt anymore, old man ... Jaws, I
January 14, 2015
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
is in denial, and will not be allowed to live independently again. So, I have the options of renting it out for $2,750/month, or selling for about $600K. I decided to sell it. So, I will be looking to do a 1031 Exchange, so I don't give Uncle Sam about $200K in capital gains taxes on the sale. I have 45
October 03, 2020
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
you. Your balanced and graceful perspective on life seems to have served you well through this chapter. I also have had a good experience with disability insurance, at least with Ohio National. My heart attack three years ago came with an MD mandate of decreased workload. I cut my personal
April 25, 2023
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
. It's a mind game ..denial. I totally agree. I thought that if you buy high and sell low you just lock in your losses. If you dont sell low then you have an unrealized loss. It's still the same as having to sell it to get money. If I have chickens at my house making eggs and I can sell the eggs
May 31, 2020
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
and together for a super extended time. Glad its gone well overall and that you guys built great memories together! Yes, I have both life and disability insurances and continue to pay for them even when I am debt-free now. But these are not enough. The life insurance is a $1M policy
August 05, 2025
Retirement Planning
Message Board
Views: 98232 | Replies: 4230
$1.2, Im hoping to not touch my retirement money pre and post tax for another 7 or more years. What are you guys doing for health insurance? The ACA plans in my area are absolutely awful and the real hospitals are not in network. I switched to Medishare after Obama blew up my medical insurance. Its
June 20, 2025
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
$4500/month($2000 in property tax, $350 in prop insurance, $250 for HOA, $1000 for utility, $150 for pool maintenance, $310 for housekeeping etc) to live in it. - Health insurance for a family of 4:$2300/month. I will be 54 in November. It'll probably increase to around $4k/month when I turn 65
July 28, 2025
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
region of France during the weekends. What kind of rental car insurance coverage do you have for driving in Europe? Is it better to rent a car to drive to those places that I mentioned or rely on public transportation? This is going to be the first time for us to travel to Europe, so it's all new to me
July 17, 2025
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
place of laws and regulations.doug Larry,I didn't mean it as a trick question. I do like that term use asset. So you would put your auto as a use asset., the car loan as a liability, the car insurance under expenses, along with gas, oil, car wash repair and maintenance. But nothing would
January 31, 2009
Retirement Planning
Message Board
Views: 401 | Replies: 12
tried it! and don't forget this little blurb: The Nelson Nash Institute is unique in the educational/insurance/financial market place because we provide education on the theory and application of life insurance to both the general public and the financial services professional, but we
March 18, 2016
Retirement Planning
Message Board
Views: 258 | Replies: 6
that the movie is just like a bunch of other movies you've already seen? This is just life insurance, dressed up with a new name and some buzz words thrown in to make it seem more appealing. New trailer, same movie. Plenty of articles and research out there of the pros and cons of using life insurance
November 01, 2014
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
life is set up in a way that's reasonable and tolerable, and the money going into the practice keeps us in the dental game a little longer, I think it's money well spent. Sal Perspective changes over time. When I was in my 30's I doubt I ever gave much thought to health insurance, much less
June 05, 2018
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
is an insurance policy for investors in times of distress that we know markets will be saved at a certain %. Prior to 2008 and 2001 there was no fed put- thats why you actually had very scary and real drawdowns. Here are fed puts in recent times: Dec 2018- market down 20%- fed has a closed door meeting
December 10, 2025
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
will be for some time, maybe take out a new, longer mortgage and put the rest in retirement savings? Assuming you can rent for less than you own. No maintainance, no home owners insurance, no taxes. Sell your house asap!Even if the rent is the same 1500/month he's paying now. He banks the extra $500 he's been
March 04, 2017
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
euthanasia as an option. My dad passed away in jan. He had heart surgery in sep and never came home. We finally had to make the call for palliative care only. His total bill was over 2million dollars. Wow. And when I see people talk about not having insurance and just paying out of pocket, I
March 29, 2017
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
I have very limited experience with long term care policies, but what I have seen has told me they can be very tricky. The claimant needed in home assistance, mostly because his primary caretaker (wife) died. The insurance did an evaluation of his physical capabilities and determined they would
June 10, 2017
Retirement Planning
Message Board
Views: 360 | Replies: 18
that are ultra expensive - have lifetime limits and hard to satisfy requirements, you can set up a monthly pension that can be immediately accelerated if your health condition changes. You can find Annuities and Indexed Universal Life Insurance that provides a specific purpose (either Death Benefit or Pension
September 27, 2020
Retirement Planning
Message Board
Views: 98232 | Replies: 4230
in Denver. I was booked through car too. I don't think they have coverage for issues with the airlines. Csr yes, they do. you need the letter from carrier about delay to file a claim. Not sure you can double dip if you are compensated by the airline. no, you file in sequence depending on denials Edit
September 23, 2025
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
I think drill is asking a hypothetical where he keeps the corp, stays as the sole employee, and continues the plan He won't get group...There it is! I, fortunately, do not have to worry about this stuff but my curiosity is settled. Hooray for dirt cheap insurance from part time government
June 03, 2018
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
and then some when you add up the retirement accounts and land sales we did. We do have mutual funds, extra annuity accounts, stocks ect. I also have my military dissability income and there will be some type of social security payments. I also keep 3 million in life insurance on myself
September 13, 2005
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
funs. TRY picking stocks yourself hypothetically and see how you fare vs the... Mark, WSJ Thursday page D2 is something you might be interested in. If I am not mistaken, Xelan uses life insurance policies to accelerate your retirement critical mass. The Treasury Department is cracking down
September 26, 2003
Retirement Planning
Message Board
Views: 702 | Replies: 20
Is there ever a time whole life insurance makes sense? Let's say you have a very generous income and a decent net worth. 401k is maxed out, college saving plans maxed out, etc. Does it make sense to use a WL plan as a tax shelter for some money? I have a really old whole life policy that I
May 02, 2017
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
about managing my insurance ,but I would like to ask it here in case it doesn't get seen. I need to know how to make sure I'm covered. I recently discovered that if I had a problem at one of my properties my umbrella insurance (through USAA) would not not have covered anything because that property
November 20, 2021
Retirement Planning
Message Board
Views: 98232 | Replies: 4230
Yea my advice to those reading this thread is when you graduate dental school get a disability policy immediately that doesn't increase, same with life insurance. Mine are like a combined $400 a month and they both are until I'm 65, they never change in premium unless I up my coverage
February 17, 2024
Retirement Planning
Message Board
Views: 896 | Replies: 52
would have a fit trying to make it work unless they set up a separate pool for those people. It would be far easier to open Medicare to all,ie single payer. The old system: We have people pay through the nose for insurance that covers nothing and then when they get sick, not only do we not pay
February 09, 2014
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
I just had a meeting with an insurance agent and he wants me to convert my existing term policies into Universal. He says it will be like having benefits for life. The premium is more but it stops at 65 and he says the advantage is that his other clients aren't as worried about leaving liquid
September 10, 2008
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
bases and your advice is great. However in the interest of full discussion, I'm still not sold on the Section 79 plan. As I always I feel the the insurance companies are two steps ahead in fees and give me that I'm from the government and here to help you feeling. . For your examination
April 26, 2006
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
to retire but what happens if some catastrophic health scare happens ?? I really wish that american health care costs are more predictable !! How do we navigate health insurance in early retirement? Medicare at 65. Or have enough money to buy insurance on the marketplace before 65 The problem
January 11, 2024
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
supplementak insurance, part B costs, drug plan costs and costs related possibly to uncovered drugs In my case for both about 800/month if you are foolish enough to go with medicare advantage your costs are much less-BUT POOR COVERAGE,Bob. Exactly. My roughly 240k after taxes and medical(1500/month
January 11, 2017
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
you have biz overhead insurance prior to partnering with MB2? I wonder if this is needed as a minor partner or whether MB2 covers that completely as part of your admin. fee paid to them. do many people carry biz overhead ins? I had it for the first yr of practice as required by my lender.. didnt
August 05, 2021
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
paying it off, with him reimbursing me for lost income, and I said yes. So... this week I will become debt free for the first time in 34 years. Not really looking forward to it - now I gotta remember to pay property taxes and insurance... vs predictable autodraw every month. Seems more a hassle
December 29, 2025
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
nor should they IF you are happy with the YIELD and hopefully holding till maturity you will do fine Total Bond Index Fund NOW PAYING 5.06%Larry No assistants Keep it shor Less than 4 hours Concentrate on Ret plans, Savings 10% minimal, INDEX INVESTING with funds, proper insurances KEEP
March 04, 2006
Retirement Planning
Message Board
Views: 109 | Replies: 2
) and are more of an annuity or insurance based benefit. Does anyone here have one? Is this another whole life insurance pitch to generate a sales commission? Yes, absolutely. The quality of these particular plans is so abysmal that IRS basically is going after them as we speak. Whole life insurance
June 09, 2017
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
. That way he has some money that is safe to pay the basics for food and shelter and self insure against wild swings from the market. I am not a fan of annuities but this seems a reasonable way to spread out the risk. Of course it would all depend on the annuity. Insurance is insurance. You should
October 31, 2014
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
will probably help you out significantly. It seems that you are like most retirees, and need to get a reasonable return to maintain a lifestyle that you are happy with. So, I am glad to see you take the best approach to accomplish that. BobRE TAXES-15k Health Ins-13k Auto, Dis, Life, other insurance
May 19, 2011
Retirement Planning
Message Board
Views: 98232 | Replies: 4230
in 2 years. My 8 year hygienist and my front who knows all of insurance ins and outs and collects at time of service. when they go- I am dreading it. So much so that I am debating on selling and taking a break if I have a huge chunk of cash from investing. let the new grad figure it out while I
January 13, 2026
Retirement Planning
Message Board
Views: 98232 | Replies: 4230
that have toddlers....life gets really expensive when you have teenagers. When you start talking vehicles, auto insurance, clothing, sports/activities, cell phones, extra vacation costs, etc. I never imagined I would be spending per month what I currently spend. Another thing....a whole lot depends
January 07, 2026
Retirement Planning
Message Board
Views: 923 | Replies: 30
into things that can generate higher rate of return than the loan rates. - Financial adviser recommended to invest into whole life insurance, yes I know they make a large commission on this. What are everyone's thoughts on whole life insurance? it does guarantee 4-5% return and the money put in will also
April 03, 2017
Retirement Planning
Message Board
Views: 1105109 | Replies: 63426
around me. If you changed option #1 to 85 years old, I would take it in a minute. I have no desire to be among the extreme aged. All the discussion about the massive jumps in health insurance premiums gave me great trepidation as I opened the mail two days ago from Kaiser, showing my new premiums
October 18, 2017
Retirement Planning
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