The Real Life Financial Experience of a Young Periodontist – Podcast #85

We talk a lot about periodontics at the beginning of this episode. The training path is four years of college, four years of dental school, one year of general residency, and three years of a periodontist residency. When I asked him if this residency was one which paid you or one which you paid tuition for? He said it was little bit of both. On the general practice residency, you get a little bit of a stipend, so you end up with a net positive but not by much. Certainly within the specialty programs on the dental side, a big part of what makes some programs more competitive versus others is what that ratio is. In his case, he had tuition but also had a stipend, so it was essentially a wash. It didn’t quite cover all the living expenses, but you weren’t in the hole a huge amount every year. Dramatically different from being a medical resident, where you’re getting paid $50-60,000 a year. He was fortunate because some postgraduate residencies you are paying $70-80,000 a year in tuition.

I asked what the range of incomes a periodontist can expect coming out of training is and he thought $180-$200,000 range is about a reasonable starting salary but within the first couple years you’re expecting it to increase as you have a larger active patient base and you’re quicker and have more experience talking to patients. Average income reported by the ADA is somewhere in the $250,000 range or a little bit higher.

Everything essentially around the teeth. A lot of gum

Keep reading this article on The White Coat Investor.