Full Show: New Way To Save on Financial Advisors and Clark’s Advice Before Your Next Dentist Visit

[@g0989]

I had a dentist who retired around 1990, and sold his practice to another sole-practitioner across town. The new dentist recommended complete replacement of the two crowns the previous dentist had done years earlier. Wouldn't quote a price, but referred me to the office manager. I left and never went back. Found another dentist closer to home, and didn't mention the recommended crown replacements when I first visited. The dentist found no oral problems on that exam other than a need to "fill in" the cementation of those existing crowns. He did that, and I have had no further dental issues since then, just routing preventive visit. Undoubtedly saved me a lot of money and from having to go through an unnecessary procedure. Still have those two crowns that supposedly needed replacing 34 years ago! It pays to get another opinion, sometimes.

[@wendypanozzo9133]

I'm glad you mentioned about dentists. It seems they are only out to make a buck and are not remotely interested in your actual health. I now have a real distrust whenever I have to go because they try and upsell you things you clearly don't need like a deep cleaning, fluoride treatments, gum medicines(which you will swallow away). I've had hygienists get mad because I refuse these things and they try and instill fear in me. Well they get a cut for all these upsell items. I know my teeth don't need this but it must work on a lot of people who trust them.

[@marklott2927]

I have had a similar experience with dentists since my long time dentist retired about 15 years ago. Unfortunately, I have never been able to find a new dentist that does not want to do a "master plan" for my mouth. Thank you Clark, for talking about this today.

[@Clark]

Hope you find a good, trustworthy dentist soon! 💚

[@bartd.ellington8858]

My dentist of years recently dropped my insurance. I didn't know until I had a visit and got a bill afterward. When I called about the bill, they said they made a "business decision" to drop my insurance. Then they tried to sell me on joining their concierge club to save money. I made a business decision to find a new dentist.

[@737smartin]

Good call!

[@2Rugrats9597]

Educating yourself is key to financial investing. A flat fee Fiduciary is the best way to go if you’re not doing it yourself. When it comes to the dentist for major work I go abroad (medical tourism). I went to Costa Rica had a vacation w me and my GF and saved over $10K compared to the U.S. cost and never had a problem with the work they did plus the dentist graduated in the U.S and started a practice in Costa Rica. I highly recommend it.

[@buzzard777]

The dentist issue you mentioned is a big problem with many people I know. There are a lot of corporate dental offices popping up and it seems to be more prevalent in those situations where they are run as a high profit business.

[@dhix2388]

just TODAY. went to a dentist {in a i call a franchise i'll say grin} 146.00 one xray 371.00 for one filling. Iwas in the chair when a little helper came and showed me the prices 517.00 I got up paid for the Xray and left. NOT GRINNING.

[@valeriefitzgerald6080]

I had gone to a dentist since 1978 and he had yo relocate his office. I followed him to a corporate dental office. When he relocated his office, it wasn’t long after that his office staff retired and about 1-1/2 years later, he retired. I felt as if they were pushing procedures and products I didn’t need. When he retired, I started looking for a dentist. Now I go to the UT dental school. It takes a lot of time and patience; however, I’m happy with the service, costs and work.

[@jkane693]

No kidding. My son , age 29, had not seen a dentist for 3 years. I took him over to my local corporate dental office. Saw a dentist was told he had 12 cavities. He has never had a cavity before, so we were shock. He then went to a dentist with his own practice recommended by his aunt. New dentist said he has no cavities!

[@dpporlando]

Our dentist of 25 years recently retired and sold the practice and the new dentist has jacked the prices on everything. With our insurance we never had an out of pocket expense for cleanings now we are getting $100 bills. Time to shop for another. Also, are we over obsessed with teeth in the U.S.? How do dentists in Britain stay in business?

[@Clark]

Right? Lots of people who live in other countries say that they can spot an American tourist by our teeth. 😬

[@ohplezz]

Time to find a new dentist. Start your search early because the good ones are usually booked up for months in advance.

[@Busy-Vee]

Your new dentist is most likely out of network with your dental insurance plan, go on your dental insurance website and look for an In-Network provider and make sure you only go to that dentist at the location listed

[@Deutsche89]

The fee increase is because of the added cost from the new dentist buying the practice. The new dentist has all the overhead of the old dentist plus the payment for the practice purchase. In addition to that the new dentist probably has 500k in student loans. So your 100 bucks is paying off the old dentist and the education of the new dentist. He would go out of business if he didnt raise fees and there would be no dentist to go to.

[@dpporlando]

@@Deutsche89 there's literally 40 other dentists within 5 miles. Already got another one.

[@TheLifetraveler1]

Wish I'd seen your article about the dentist before. A 'new' dentist I recently got caused me tremendous jaw pain that lasted for weeks. My primary doctor after my begging, did an MRI. It was discovered that the dentist anesthesia needle, cause a blood clot. Emergency surgery had to be done to fix the problem. Consulted an attorney who said, the fact that I am healing so well, makes it expensive for them to present a case of malpractice. Told me I had 2 years to file, if something gets worse. So bottom line if a dentist injures you, you need to stay disfigured in order for it to be worth a lawyers time. Yes, after this is all over I'm going back to my old dentist, whom I only left because she did not take my insurance plan for the crown replacements.

[@TheEcono]

Until I got Humana I was always getting stuck with a bill. Yes there are differences in dental coverage ... On medicare it paid me big time to shop around ... Talk to brokers instead of company salesmen ! Not only that Humana in certain zip codes help people of low income with money for mortgages, medical needs, food, water bills, electric and gas bills. This all helped me during a death in the family and saved my home !

[@g.t.richardson6311]

I’m my own fiduciary, 0% fee. Dollar cost averaging, diversification, rebalancing, treasury bills, brokered CDs, tax planning, etc

[@KJFC388]

I’d rather pay 1%, realizing I don’t have the talent and a small mistake would cost me much more

[@johnisgitt7631]

Where do you find the annual fee advisor not based on percentage of assets?

[@OpinionatedBastage]

I like that Krista mentioned the weighted vest. Though I'm no doctor, I feel the weights being distributed front and back would be better for a person's back rather than the backpack.

[@eric.gardenerextraordinaire]

Been there, done that with several dentists also. scenario just like yours. I left those bad dentists. Now, need root canal, specialist and big $$$, I'll try another office after this if I need something else done.

[@magnoliap5824]

I have waived X-rays at the dentist. To me they are not necessary every year and really add to the cost.

[@brucefredrickson9677]

Clark, why not disclose the company regarding the lady's 401k ? We need to know these things.

[@pamcornelius9122]

I think dental schools have marketing classes now, unlike just focusing on clinical studies like they did in the past. Not to mention the outrageously high student loans that many young dentists have these days. I find that corporate owned dental practices often push unnecessary services.

[@davisholman8149]

This is when we, the patient, need to speak up loud & clear. The unscrupulous dentists out to rip you off & the public need to spread the word that they are crooks! Speak up LOUDLY!🦷

[@centralgroupllp3933]

Dentists are all about $$$$ and more of it.

[@valeriefitzgerald6080]

I was going to a dentist that stop taking my dental insurance.

[@steveludwig4200]

Blood pressure taken by Cardiologist is BY FAR the most accurate. Dental assts use inferior bp tools (usually wrist cuffs) and only do this to "check a box" on the form so the dentist can bill insurance for the "exam" portion.

[@g.t.richardson6311]

Never had blood pressure taken at the dentist

[@robertryan3490]

We need fiduciary dentists!

[@Clark]

💯💯💯

[@pv741]

and auto mechanics

[@robertryan3490]

Add lawyers and doctors to the list.

[@FuzzyWuzzy01]

Learn good flossing and brushing habits. There are some terrific KZbin dental hygienists out there with great, easy-to- follow videos. Hygienists are the RNs of the dental world, and the good ones are worth their weight in gold crowns!

[@realestateinfonet9041]

Very informative! Thanks!

[@marietaylor5174]

Thank you Team Clark.

[@BrianGski34]

I had the same experience when my long time dentist retired.

[@elitepctech]

Louis Rossman covered this about LG TVs 3 months ago.

[@olablessings2227]

The problem is the high costs of dental school in the US. With the average tuition around $350K. They have to make $$$ to pay this off.

[@blissfuljoy6049]

I have an "old school" flat screen with a Fire stick. Can you not use an antenna and/or Firestick with the LG TV?

[@brucefredrickson9677]

Old school is TV with tubes.

[@blissfuljoy6049]

@@brucefredrickson9677 not quite that old school 😆

[@nonamegiven6271]

Samsung has a major change in it's new firmware! I researched it before "updating". I don't recall the complaints, but there were many!

[@jus10_mar10]

I always go to the dentist at 2:30 (tooth hurty)

[@centralgroupllp3933]

Why 2:30 ?

[@e-care-books9867]

That's why some go at 4:20. Lol. JK.

[@robertryan3490]

Never ask a barber if you need a haircut.

[@davidfolts5893]

Following the four percent rule, one percent equals twenty-five percent of your portfolio!

[@emc6511]

21.23 Well said😅 A procedure going on in your mouth AND a procedure going on to your wallet too

[@tonym6920]

Running up a bill is common in most businesses, whether it be medical and dental care, home repairs, appliance repair, you came it. The common denominator is greed, pure and simple.

[@charlessommers7218]

Great show 👍

[@joansorocco]

How to find a fiduciary? Is a fiduciary a CPA also?

[@nickelndime5]

My recent cleaning/exam was $245 - Cleaning was 117, X-ray was 71 and Dentist exam was 57. Not a cheap experience - no wonder some only go once a year.

[@Judith-b3t]

Just had a cleaning too and the price was very close to yours. You should not need xrays and a dental exam every time you get a cleaning. I go about 3x a year for cleaning only but definitely don't get xrays or dental exam all 3 times. I had a lit of xrays at one point last year. I am sorry I can not remember the price. But the office said I should need those xrays done about once every 3 years. If a problem comes up you may need an xray for a specific tooth or area. Hope this helps.

[@nickelndime5]

@@Judith-b3t You are correct about not needing x-rays every visit. Will be trying sesame oil pulling and xylitol rinse to keep my teeth in good shape as I approach age 64.

[@Busy-Vee]

First make sure you’re going to a dentist that is considered in-network, depending on your dental insurance most routine visits (basic cleaning , exam and X-rays) are covered 100% Bitewing X-rays 1-2 times a year Panoramic or full mouth series of X-rays maybe only every 5 or 7 years If your change dentist and you recently had X-rays you can request your X-rays be transferred to your new dentist

[@fiddlesnsticks]

I totally get this point, but I see people dropping $125 every 3 weeks for mani/pedicure and don't bat an eyelash. 😱

[@daralynx2]

A la carte flat fee fiduciaries seem to be the way to go. Captured agent AUM model has always been bad.

[@pamalford8319]

The last dentist I went to advertised a free exam, but at .check out charged me $100 for writing a prescription. Classic bait-and-switch. Needless to say, I never went back.

[@jongrant1215]

I had a dentist examine me and say I needed a partial and then basically go on to the next patient. No explanation of what that entailed. Then I was referred to the next person where I got the estimate of $15K. I was shocked. I did not even know what she was proposing to do. No one explained what was necessary. Of course, the lady next in line was financing. Ack. I love your assistant's voice.

[@blissfuljoy6049]

😮

[@Clark]

💚 😲 That's awful! No one wants to feel like they're on a dental assembly line.

[@jongrant1215]

@@Clark She had three different chairs in a line. She left me and went on to the next patient. I have not been back.

[@e-care-books9867]

#BonusTerm - "Is it Friday yet?" - Lol. For everybody looking forward to "Clark Stinks." #TeamClarkRocks

[@Clark]

😂😂💚 #bonusterm

[@donna-n5h]

I have new dental insurance and it stinks ! The new insurance would not cover my Panoramic X-Ray . Fortunately for me the office waived the fee . I have spent a good amount of money at this office , however they are a great dental office. Also no insurance that I know of covers fluoride treatment for adults , yet every office will offer fluoride treatment to an adult patient and upon reading about fluoride the treatment is not necessary for adults. I should add I have gotten the fluoride treatment as an adult but have passed on it my last few office visits.

[@carolgeyser5415]

Good morning Clark. I am new to your blogs. Thank you for your time and effort.

[@Clark]

Welcome to the world of Clark! 💚

[@mrswhite808]

23:59 that needs to be a lawsuit.

[@DC-se3ko]

How do I find one of these fiduciary financial advisors?

[@Clark]

Here's how to find and choose a fiduciary financial advisor: clark.com/personal-finance-credit/investing-retirement/how-to-find-a-financial-advisor/

[@FelixTheCat69]

This was a major fail on Clark's part today when describing flat fee financial advisors. And, no, I'm not writing a Clark Stinks or Ask Clark. This is what this comment section is for. Please pass along to Christa. He did not give any information on how to find one of these planners. So, I let the AI loose and it also did not provide any names, firms, etc. Just more generic useless information. Here is part of it, which made my head explode: a typical flat fee for a comprehensive financial plan can range from $1,500 to $3,000, while timed or retainer rates can run between $150 to $400 an hour and between $1,000 to $7,500 annually.

[@jamessteele7102]

Yes, these fees are fine of your portfolio is in the millions. But for the average Joe, it is a ripoff.

[@retired8484]

No, do NOT withdraw from the IRA.

[@MikeSellersGA]

Fiduciaries may be legally required to operate in our best interests, but who holds their feet to the fire? Their clients? It may take years for a client to figure out they’re getting bad advice, if ever. Their supervisors? If they’re making money, that probably won’t happen. I’m skeptical of anyone who has their hand in my pocket.

[@emc6511]

My guess, "we are the who" therefore have your CPA and/or lawyer as the second set of eyes to at least catch red flags ... then lawsuit to recover. It happens.

[@jamessteele7102]

I lost hundreds of thousands of dollars because a fiduciary financial adviser mismanaged my retirement investments. Finding an attorney willing to sue was difficult and ultimately I settled for a fraction of the financial damage done. It will take me a decade to recover my losses, even after the settlement. And to your point, I had no idea about the mismanagement for years, until it was accidentally discovered by me one day. Proceed with great caution.

[@Norm475]

For the husband whose wife has 50K in student loans, asking if he should pay off her student loans. Of course, you should pay off her student loans, so when she divorces you, she will not be burdened with having to pay these loans off by herself.

[@jamessteele7102]

Exactly. He could end up being a big sucker.

[@miketheyunggod2534]

Save money. Fire your financial adviser. They’re crooks.

[@brucefredrickson9677]

I know what I pay for my advisor and want my money professionally managed. Some are crooks...most aren't.

[@jamessteele7102]

You are so correct. I learned this the hard way, after losing hundreds of thousands of dollars to a fiduciary financial adviser.

[@retired8484]

Stay away from any bank. Just buy your CD at Fidelity.

[@ernielansford8710]

The dental health equipment companies teach their customers (dentist) how to monetize the equipment by recommending work to be done using the equipment.

[@recordrabbit]

Student loan debt has consequences. Don't be surprised if your dentist recommends a lot of procedures. Gotta pay off those huge dental school loans! Dentistry is cheaper in other countries because higher education is cheap or free.

[@daveassanowicz186]

Aspen Dental got me for $7k back in January. I still say that novacaine had me pretty stoned.

[@grayfox9911]

Thanks Clark & Team!! NNTR

[@centralgroupllp3933]

Another Clark fake fan.😅

[@Emmitt_otter]

What if the cop goes to his car and does not come back for a long time. More time that is reasonable and you can't ask if your free to leave? Can you get out and approach his car? What if he yells at you to get back in your car and never comes to see you. Just wasting your time waiting on a dog or something?

[@retired8484]

No! Never, never, never, not ever give your money to anyone to "manage." 1% is many hundreds of thousands of dollars, and easily millions in many cases over your investing lifetime. You don't need those hourly "advisors" either.

[@mspadorchard1]

The employer does not care all that much. A rotten 401k plan is rotten but the employer picks that company because he is shifting the costs of the plan onto the employees, at the expense of long term returns, which will be rotten. The employees need to get together and do some home work to find a company that can be the trustee of their 401k plan... and ask for changes.

[@Clark]

Good tip! 🙌

[@centralgroupllp3933]

According to Finanacial rprts fiduciary are NOT. As good as some say. Incuding clark claims they are best for you.....careful over selling them. Potential liability.

[@Clark]

We completely welcome differing opinions! Some financial advisors claim to be fiduciaries but are not. This may be where a lot of the pitfalls happen. Definitely vet them well and don't let your guard down, but we believe a fiduciary is the best option. 💚

[@ohplezz]

Dentists have become more and more like auto mechanics over the years. I guess it’s due to the debt they incur in school. They are especially bad if they work for a corporation. They and the hygienists at the corporate locations have, “sales goals” as far as your care goes. The deep cleaning hustle is their cornerstone of care!!!😂😂😂

[@g.t.richardson6311]

Glad my dentist is old school. And he meets me at college football tailgates at times

[@jimmycain8669]

My dentist is a honest Christian and would never overcharge or suggest anything unnecessary. My doctor is the same way. Followers of Jesus Christ are like that but not the phony Christians which is most of us.

[@daveassanowicz186]

LG STINKS! and their products are everywhere. We had an LG refrigerator that was junk. Replaced it with a GE