Securing a future beyond the dental practice.
Maria, despite a successful dental practice grossing $1.2M, faced the daunting reality of a projected $300,000 retirement shortfall due to late-start planning, high private school tuition for her two children, and uncertainty around her practice's eventual sale price. She needed a comprehensive strategy to boost her retirement savings, understand the value of her business, and diversify her investments beyond her practice.
Using the Coupon Rate Calculator, Maria was able to identify several high-yield corporate bonds that aligned with her risk tolerance, offering coupon rates significantly higher than traditional savings accounts. This analysis, combined with the Tax Equivalent Yield Calculator, enabled her to compare taxable and tax-advantaged bond options, ultimately increasing her projected retirement income by $35,000 per year.
The Coupon Rate Calculator allows users to input the face value, current market price, and coupon payment of a bond to quickly determine its coupon rate. Paired with Tax Equivalent Yield, Maria could optimize after-tax returns.
$35,000 per year increase in projected retirement income, plus a clearer understanding of her practice's market value for future sale negotiations.
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