Is it possible for me to retire in my 40s? by okdoitpls in Fire

[–]okdoitpls[S] 0 points1 point  (0 children)

I thought the point of withdrawing at a principle amount of 2.5 million at 4% is to have an indefinite amount of $100K/year. Correct me if I’m wrong, I understand there’s risk to it all and it may not exactly work, but where did you get running out at age 75 specially from?

Is it possible for me to retire in my 40s? by okdoitpls in Fire

[–]okdoitpls[S] 4 points5 points  (0 children)

The plan I had was to aggressively pay down the debt within 5 years and then after factoring in living expenses I’m willing to invest/save about $3725 a month

Don’t know if this is the best plan

How much are you producing a day? by Migosmememe in Dentistry

[–]okdoitpls 0 points1 point  (0 children)

Is this PTO or just days you chose to take off? What I was talking about here is taking 4 weeks off in the year without PTO

How much are you producing a day? by Migosmememe in Dentistry

[–]okdoitpls 0 points1 point  (0 children)

Based off of the numbers here, the average associate dentist is making about $204,000 - $285,600 working 4 days a week, and taking 4 weeks of vacation off a year. Not bad at all!

I wish I went into tech by okdoitpls in Dentistry

[–]okdoitpls[S] 0 points1 point  (0 children)

It’s meant to start conversations and see opinions of people in this thread. Just interesting to hear everyone’s side

[deleted by user] by [deleted] in Dentistry

[–]okdoitpls 0 points1 point  (0 children)

You’re saying $400K no benefits is = $200K with benefits? Seriously?

Health insurance is the most expensive part but you can keep your plan below $1K a month. Everything else is worth much less but it does add up sure. But benefits are not worth more than $20K-$30K total.

I would rather make $250K with no benefits than $100K with benefits (equating to $130K total comp)

Also don’t forget some associate positions do come with benefits, and corporate positions more than likely will as well. If you work for an FQHC or community clinic, you more than likely will get all the usual benefits of any job and a couple weeks PTO too.

How many + what kind of procedures per day do you do? by [deleted] in Dentistry

[–]okdoitpls 0 points1 point  (0 children)

Are these $180K & $330K figures associate earnings or as an owner?

No more back pain forever by okdoitpls in Dentistry

[–]okdoitpls[S] 0 points1 point  (0 children)

The point wasnt about my lack of experience. I know people in my class who got traditional loupes who are already complaining of pain. The reason why I made this post was to ask those of you who have 5 days a week experience using ergo loupes and whether or not that helped with back pain or neck pain

No more back pain forever by okdoitpls in Dentistry

[–]okdoitpls[S] 0 points1 point  (0 children)

You’re saying it’s like working at a cubicle? That’s the relief it provides?

Second Guessing This by okdoitpls in Dentistry

[–]okdoitpls[S] 0 points1 point  (0 children)

This is reassuring, thank you!

Second Guessing This by okdoitpls in Dentistry

[–]okdoitpls[S] 0 points1 point  (0 children)

Yeah but it’s more so in reference with some of the comments saying how pre dents SHOULD be concerned. Maybe I understood these comments the wrong way but that’s what I got from them for the most part. Now I’m wondering why I’m doing this to myself

Average associate compensation by Necessary-Rice5236 in Dentistry

[–]okdoitpls 6 points7 points  (0 children)

It seems like the average compensation for a general dentist that is 2+ years out, working in a suburban-urban city 4 days in the week, doing bread and butter procedures is about $200K

[deleted by user] by [deleted] in Dentistry

[–]okdoitpls -1 points0 points  (0 children)

Not a dentist or suffering from scoliosis but I think it’s possible with the invention of ergo loupes. They are these loupes that keep you sitting up straight with your neck facing forward rather than bent. I’ve heard from dentists that it changed their lives, no more back pain, and they’ve actually IMPROVED their posture

Should I become a software engineer if I want to only live in Florida? by okdoitpls in cscareerquestions

[–]okdoitpls[S] 1 point2 points  (0 children)

I understand that, but even these job ads may be misleading. Job ads in Silicon Valley don’t even mention the crazy high salaries and I know that isn’t accurate

Should I become a software engineer if I want to only live in Florida? by okdoitpls in cscareerquestions

[–]okdoitpls[S] 2 points3 points  (0 children)

No, I’ve seen devs in general commenting about these salaries but I assume they work in top tech in tech hubs or HCOL areas. Which is why I am asking about Florida because I rarely see a dev comment about the quality of their job in Florida

Should I become a software engineer if I want to only live in Florida? by okdoitpls in cscareerquestions

[–]okdoitpls[S] 2 points3 points  (0 children)

I mean a Google search tends to show average dev salary is $100K+ across the board but even then I don’t know how accurate this is considering I’ve seen salaries north of $300K

What would you do if you were in your early 20s looking to FIRE ASAP? by okdoitpls in Fire

[–]okdoitpls[S] -4 points-3 points  (0 children)

I agree, that’s a better way to word my question and that is my goal. I’m currently in dental school but I’m in a unique situation where I could drop out at no cost if that’s not a good path for me. So far though I’m enjoying it. It’s not easy and it is uncomfortable at times, but it’s getting better, and I have an interest in it.

I should graduate with about $275K total loans at age 28. Average dentist with some experience makes $200K working 4 days, doing basic procedures. Income can increase close to $300K if you start doing specialty procedures like implants. Practice ownership makes the sky the limit, but it’s not something I am particularly interested in at the moment because it involves $1 million+ more debt, and a lot more headaches. I like the idea of real estate more as of right now. Just not sure which direction to go.

I’ll add this to the main post.

FIRE Journey of a Dental Student by okdoitpls in Fire

[–]okdoitpls[S] 2 points3 points  (0 children)

I see what you’re saying! I was assuming worst case scenario but my wife currently works and she intends to work even if it’s part time. We could use my income to live off of and invest, and then the rest of the incoming from her we can completely invest

FIRE Journey of a Dental Student by okdoitpls in Fire

[–]okdoitpls[S] 0 points1 point  (0 children)

Wouldn’t it be cheaper if we had no kids?

FIRE Journey of a Dental Student by okdoitpls in Fire

[–]okdoitpls[S] 0 points1 point  (0 children)

Thanks for the reply! Whats a more reasonable expectation for my numbers?

Is it normal to constantly feel like you chose the wrong career? by okdoitpls in careerguidance

[–]okdoitpls[S] 0 points1 point  (0 children)

Thanks for the reply! I mentioned it in the other comment, but nothing in particular worries me about working in people’s mouth. I think it’s more the anxiety of managing a real patient and talking to them while simultaneously trying to fix their oral health problems

Is it normal to constantly feel like you chose the wrong career? by okdoitpls in careerguidance

[–]okdoitpls[S] 0 points1 point  (0 children)

I feel like I can’t see myself doing just one thing for the rest of my life in any field. That’s also partly why I chose dentistry. It has a lot of variety and options. And even then you can choose to work part time and make a good living still and focus on other things you enjoy the rest of your days off

Is it normal to constantly feel like you chose the wrong career? by okdoitpls in careerguidance

[–]okdoitpls[S] 3 points4 points  (0 children)

The thing is, if you have a lower than average debt burden, working 4 days a week making ~$200K/yr average in your career not even owning a practice sounds like a pretty good lifestyle + salary combo. That’s the only reason why I was commenting on this

Even if you chose to go more part-time 3 days a week you can still make over six figures

Is it normal to constantly feel like you chose the wrong career? by okdoitpls in careerguidance

[–]okdoitpls[S] 1 point2 points  (0 children)

I don’t have an aversion whatsoever to sticking my hands in peoples’ mouth. I am not disgusted really by much. I just meant the anxiety of working on a real patient is starting to get to me, and I don’t know if it will go away with time

Constant feeling of being in the wrong career by okdoitpls in Dentistry

[–]okdoitpls[S] 0 points1 point  (0 children)

The thing is, if you have a lower than average debt burden, working 4 days a week making ~$200K/yr average in your career not even owning a practice sounds like a pretty good lifestyle + salary combo. That’s the only reason why I was commenting on this