Your practice is not your pension fund.
I believe that in the not too distant future--in 10 to 20 years--the single-handed practice as we know it today will cease to exist. Even in today's market, 25% of practices have either closed due to an unsaleable commodity or have taken two to three years to sell and at a seriously reduced price. This thought alone should refocus the mind as we continue into the 21st century.
Jennings
Niall J
NJ
D003770:Dental Offices / Q000191:economics / Q000458:organization & administration; D005250:Fees, Dental; D005376:Financial Management / Q000191:economics; D006801:Humans; D007374:Interior Design and Furnishings; D007494:Ireland; D010415:Pensions; D011215:Practice Management, Dental / Q000191:economics*; D020443:Practice Valuation and Purchase / Q000191:economics / Q000458:organization & administration