What It's Like Being a Semi-Retired Dentist
A guest post by Dr. Reginald Baker, Jr
Dentistry is a 15 year career. You may want to read that again. I remember this sentence vividly from the speaker at my Dental School orientation session. - Dr. Baker
Becoming a dentist was a dream come true for me. After years of hard work, I was able to build a successful career in dentistry that spanned 15 years (essentially). It was a journey that took me through two different jobs, earning a substantial income in the first four years out of dental school, and eventually purchasing and selling my own dental practice.
As a young dentist, I was focused on building my career and making a name for myself in the industry and my community. My first associate job out of dental school was working in a rural healthcare setting which offered student loan repayment. That helped tremendously in cutting that bill down so that it wasn’t as daunting. That job was rewarding and allowed me to develop my skills. It lasted for almost 2 years until I was offered a position with a group practice making more than double my previous salary. Of course I jumped at that opportunity.
I worked tirelessly to improve my skills and provide the best possible care for my patients. My hard work paid off, and I was able to earn a great income that allowed me to live a comfortable life.
Along the way, I was also smart with my money. I made great investments and lived within my means, saving as much as possible for the future. This allowed me to purchase my own dental practice and eventually sell it at the 15-year mark.
Now, as a semi-retired dentist, I am able to work in dentistry when I feel like it, while also living the life of my dreams and taking care of my family. I no longer feel the pressure to constantly build my career or work long hours to make ends meet. Instead, I am able to focus on what truly matters to me - my family and my own well-being.
My desire now is to live a quiet, slow-paced life where I can watch my young son grow up and catch every milestone along the way. Being able to be present for my family is truly a blessing, and something that I will never take for granted.
Looking back on my career in dentistry, I am proud of what I accomplished and the impact I was able to make in the lives of my patients. However, I am equally proud of the life I have built outside of dentistry - one that allows me to prioritize my family and my own happiness above all else.
In the end, being a semi-retired dentist has allowed me to achieve the perfect balance between work and life. I am able to work on my own terms, while also enjoying the freedom and flexibility that comes with financial stability. It is a life that I am truly grateful for, and one that I will continue to cherish for years to come.
More about Dr. Baker & his brand
As the owner of Semi-Retired, a successful consulting business, I've had the luxury of being able to semi-retire at a relatively young age. For years, I had been putting in long hours and working tirelessly to build my business from the ground up, but now I've reached a point where I can afford to take a step back and enjoy some of the fruits of my labor.
But that doesn't mean I've stopped working altogether. Instead, I've found a happy medium between work and play. I still take on a few clients each year, but I'm much more selective about the projects I choose. I've also been able to delegate more responsibilities to my trusted team of employees, which has allowed me to focus on the areas of the business that I'm most passionate about.
One of the biggest benefits of semi-retirement has been the ability to travel more. My wife and I have always enjoyed exploring new places, but when I was working full-time, it was difficult to get away for more than a week or two at a time. Now, we're able to take longer trips and really immerse ourselves in the local culture.
Of course, there are some downsides to semi-retirement as well. It can be difficult to let go of control and trust others to run the business in your absence. And there's always the risk of losing touch with industry trends and falling behind the competition.
But overall, I feel incredibly grateful for the opportunity to semi-retire at such a young age. I've been able to achieve a level of financial stability that I never thought possible, and I'm able to enjoy the simple pleasures of life without the stress and pressure of running a business full-time. It's the best of both worlds, and I wouldn't have it any other way.