188: Net Worth of 1.2M - 28-Year-old Dentist with His Own Practice

Robert is 28 years old and has a current net worth of 1.2M. Of the 1.2M, 850K is in taxable accounts invested in various stock holdings; he also has a few rental properties. Robert graduated dentistry school with hefty student loans but immediately bought a practice from a retiring dentist. He has worked hard to run the practice more efficiently (including adding internet advertising and a website) and thus increased both revenues and net profit. Robert also shared his financial goal of 240K of passive income annually.