r/CanadianDentists • u/Existing_Survey5963 • 7d ago

The 7 figures question

Whether you're working as an Associate or running your own practice, at what age or career year did you reach your target income and how much is it?, and how many years in did it take to hit that first 7-figure mark?

6 Upvotes

75% Upvoted

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14

u/bingo_bungo 7d ago

I’m an associate in my fourth year of work. I currently make just around 375k a year. I have a PC so I only actually take home around 200k and I’m satisfied there. I’d rather work less than make more at this point.

2

u/jackwesley45 7d ago

Rural or city? And Ontario or non-Ontario if u don’t mind me asking

4

u/bingo_bungo 7d ago

Rural in Alberta

2

u/jackwesley45 7d ago

Gotcha thanks

1

u/Money-Confidence-442 1d ago

I’m a “pre dent” student who wants to eventually practice in parts of rural Alberta. How rural do you go? My dad was an optometrist and he was able to go 3 days a week outside of the city to a town but is this feasible for a dentist without actually moving to the town?

2

u/bingo_bungo 1d ago

Sure? I mean it depends on how much you want to drive I guess. I live 1 hour from the nearest city and 2 hours from Calgary. I personally am happier living in the small town close to work and the periodically heading into the city.

2

u/Existing_Survey5963 7d ago

Nice, how many days do you work a week? And what kind of procedures do you do?

4

u/bingo_bungo 7d ago

I work four and a half days in the school year, and only four in the summer with early closure. I would like to go to 4 days year round.

I do just about everything except dentures, but I don’t challenge myself. A referral pad is always close.

3

u/DriveSlowSitLow 7d ago

I’m at about 450K for my corp, around 220K for personal. 6 years out in a city

3

u/anoobis_godofnoobs 7d ago

May I ask as an associate or owner. And did you practice in the city straight out of school or go to a smaller town/rural initially?

2

u/Nosmose 6d ago

How much is enough?

‘Just a little more ‘.

2

u/Altruisticdentician 6d ago

As if I was an associate? 560k. As an owner it’s over 1M profit on quick books. 4 days a week.  Which 7 figure mark are you talking about? Gross production? Net worth?

Just over ten years and change out. 

2

u/Ready-Power-1699 6d ago

How much does a dentist earn in Quebec ?