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Episode 375

Keys to Financial Independence with Art Wiederman CPA

Host: Gary Takacs | Published Date: March 27, 2019 | Listening Time: 01:05:57

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Arthur Wiederman CPA

The American Dental Association reports that fewer than 3% of Dentists can retire at age 65 without reducing their lifestyle. Gary is on a mission to change that statistic and help more Dentists achieve the financial independence they deserve.

To that end, he invited his friend Art Wiederman to share some very actionable tips to help you achieve financial success.

In this interview Gary and Art discuss:

  • Art’s 65 25 10 Rule,
  • how this simple Rule can produce massive results regarding your financial success,
  • the best debt retirement strategies,
  • Art answered the question; should you buy your house or your practice first?,
  • the three most appropriate pension plans for Dentists and when to use each type of plan,
  • the benefits of working with an Academy of Dental CPA Firm (ADCPA),
  • the most common financial mistakes that Dentists make and how to avoid them.

Throughout the interview Art shares his 30+ years of experience helping his clients achieve financial independence. You deserve to be able to go to work because you want to, not because you have to.

The wisdom and experience shared in this podcast episode will help you get there!

Links for the ‘Let’s Ask David’ segment with Dr. David Hornbrook:

http://www.davidhornbrook.com

http://www.utahvalleydentallab.com

Website for Gary’s New ‘Less Insurance Dependence’ podcast:
http://www.lessinsurancedependence.com

Link to the Less Insurance Dependence Podcast:
https://apple.co/2RBzoVf

Link for more information about the Less Insurance Dependence Mastermind: https://www.lessinsurancedependence.com/mastermind-with-gary/

Link to the Academy of Dental CPA’s website:
http://www.ADCPA.org

Art’s podcast: ‘The Art of Dental Finance’ is available on iTunes, Google Play or your favorite podcast directory

Art Accounting Firm website:
http://www.HMWCCPA.com


Gary Takacs

Gary Takacs Gary became a successful practice owner by purchasing a fixer-upper practice and developing it into a world-class dental practice. He is passionate about sharing his hard-earned insights and experiences with dental practices across the globe.

As a dental practice coach, Gary provides guidance for dental professionals on how to create a healthier practice style that lets them deliver excellent patient care while reducing depending on insurance.

More importantly, Gary’s insights are not just based on theory – as a co-owner of a dental practice, he has first-hand experience in making this transformation from a high-volume and low-fee insurance model to a fee-for-service approach that is more sustainable and promotes a patient-centric and financially healthy dental practice, and he is dedicated to sharing this knowledge with other dental practitioners via the popular Thriving Dentist Show!
Connect with Gary Takacs on Linkedin
Podcast Assistance by Jodey Smith, Rodecaster Expert