GITNUX MARKETDATA REPORT 2024

Statistics About The Average Dentist Net Worth At Retirement

The average dentist's net worth at retirement is estimated to be in the range of $2-3 million.

Statistic 1

"The average dentist's net worth at age 50 is estimated to be around $1.9 million."

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Statistic 2

"The average value of a dental practice at retirement is approximately $600,000."

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Statistic 3

"Dentists are becoming less likely to retire completely, 18% are continuing to work after 70."

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Statistic 4

"Nineteen percent of dentists retire by age 60."

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Statistic 5

"The median net worth for practicing dentists is $1.26 million."

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Statistic 6

"Dentists retire, on average, at 69 years of age."

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Statistic 7

"91% of dental practice owners have no long-term investment plan for retirement."

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Statistic 8

"Just over half (52.3 percent) of all dentists are practice owners."

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Statistic 9

"The average dentist's net worth is less than that of physicians or lawyers, despite similar or higher income levels."

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Statistic 10

"Majority of dentists (66%) have not calculated how much they would need for retirement."

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Statistic 11

"Less than a third (31%) of dentists would retire immediately if financially able."

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Statistic 12

"On average, a private dental practice can increase a dentist's net worth by 50% upon retirement."

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Statistic 13

"Approximately 19% of dentists still have a mortgage when they retire."

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Statistic 14

"The average retirement age for dentists has increased from 64.3 in 2001 to 68.8 in 2017."

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Statistic 15

"Female dentists retire with a lower net worth on average compared to their male counterparts."

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Statistic 16

"Over a third of dentists (37%) do not have a formulated plan for retirement."

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Statistic 17

"Dentists in specialist roles (such as orthodontics) tend to have a higher net worth at retirement than general dentists."

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Statistic 18

"The ADA found that dentists' net worth has been steadily increasing over the years, with a noticeable jump from 2016 to 2017."

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