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UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club

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Most practice owners can quote a sale price they want, but far fewer can explain why that number would actually work for their life. We tackle the question dentists ask us first, “What’s my practice worth?”, and flip it into something far more useful: “What do I need?” Because the valuation on the whiteboard is an output, and if you start there you risk anchoring to a figure that feels big, selling once, and only then discovering the plan was missing.

We share our informed exit approach built on three numbers. First, the Lifestyle Number: the cost of your essentials, the experiences you truly value, the support you want to give family, and the resilience you need for care costs, inflation, and living longer than expected. We also unpack why popular retirement rules of thumb like the 4% rule and the rule of 25 can be a helpful prompt, but fall short for UK dentists once you include tax, NHS pensions, and the reality that spending often changes across retirement.

Then we move to the Legacy Number and the tax reality that selling a dental practice can turn a life change into a major inheritance tax event, especially as assets shift into your estate. We talk through timing, gifting, wills, and when trusts or family investment companies may be worth exploring with your accountant, tax adviser, and financial planner. Only after the first two numbers do we calculate the Exit Number, so you know the minimum sale price you need and can negotiate with confidence, plan a runway, and choose how and when you step back.

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.

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