Dentaltown April 2013 - (Page 56)

finance feature arlsen, DDS by Douglas C Life Insurance The purchase of life insurance is to replace lost income that the family is dependent upon after one’s death. Period. Charles Farrell indicates that one needs life insurance equal to 12 times one’s income minus current retirement savings. As one accumulates savings, the insurance need decreases.1 For Dr. Bill’s $250,000 income, he will need $3,000,000 in insurance. Jennifer’s income of $50,000 necessitates $600,000. Bill’s family has no savings, so the above amounts are currently appropriate. The smart life insurance solution is term life. It’s pure insurance with no investment add-on. Sheryl Garrett, CFP, notes: “Insurance agents make a lot more money selling universal life, variable universal life and whole life insurance than they do selling term insurance. This inherent conflict of interest is something that you need to always keep in mind when considering the recommendations of an insurance agent.”2 1. 56 Charles Farrell, Your Money Ratios, Penguin Group, New York, NY, 2010, page 178. 2. Sheryl Garrett, Personal Finance Workbook for Dummies, Wiley Publishing, Hoboken, NJ, 2008, page 216. APRIL 2013 »

Table of Contents for the Digital Edition of Dentaltown April 2013 Highlights
Howard Speaks: What Winners Do and Losers Don’t
Professional Courtesy: Three Cheers for IT
Continuing Education Update
Dentaltown Research: Lasers
“Funny Feeling” on Lower Right Jaw
Missing Laterals, Bonded Maryland Bridges, Ribbond or Something Else?
Corporate Profile: Henry Schein
New Products
Office Visit: A Giant in Dentistry
Do-it-Yourself Finance, Part V: Insurance
Two Techniques to Make a Bite Record for a Full-arch Case
Team Strength: What Drives Your Team to Do More?
Living by the Golden Dozen
Diagnosing Aesthetic Disharmonies
Cosmetic Case Presentation
Using Tetric EvoCeram Bulk Fill to Easily and Predictably Place Direct Posterior Restorations
Continuing Education: Utilizing Laser Procedures for Restorative Access
Product Profile: Imaging Sciences International’s i-CAT FLX
In This Issue: Preparing for the Future
Perio Reports
Ad Index
Profile in Oral Health: The RDH’s Approach to Periodontal Therapy: Past, Present and Future
Perio Maintenance
Dentally Incorrect
Dentaltown Special Supplement
Product Profile: Zimmer Dental
Full Lower – Converted to Immediate Load
Immediate Placement #19 and 20 with BSB
American Academy of Implant Dentistry 62nd Annual Meeting Preview
Raising Your Denture Patient to a Higher Standard
Back to the Future – Extractions and Small Diameter Implants for Overdentures
Continuing Education: Top Implantology Breakthroughs for the GP: Part 2

Dentaltown April 2013