Galena, OH—Dr. Roger Retherford, a practicing dentist, has joined CarbonCopyPRO, the marketing organization that supports Wealth Masters International (WMI) financial consultants. According to Dr. Retherford, “I joined CarbonCopyPRO to enable me to cut back the amount of time I spend at practicing dentistry and shorten the time to retirement.”
Most financial planning experts agree that a key element of any long-term financial strategy is the creation of residual streams of passive income—the more such streams, the more secure the future becomes. In the case of professional service providers, this is a critical consideration since they typically generate very high incomes that are based entirely on their ability to provide service. Once the professional stops working, the income stops as well. With passive income streams in place, the money keeps flowing whether the professional is actually working or not. For this reason, many healthcare providers are turning to internet based network marketing businesses to shore up their financial picture.
Dr. Retherford, who has been practicing dentistry for more than 30 years, subscribes to this philosophy completely. “As a dentist, I’ve been blessed with a career that not only helps people, but that produces a substantial income as well,” he said. “But if I’m not seeing patients, I’m not earning any money. I have other interests that I wish to pursue. I'm very much involved with my church and a prison ministry called Kairos. I play the guitar and enjoy playing and writing music. I also enjoy going for walks and playing golf.”
The bitter economic climate is another factor that has driven Dr. Retherford to look outside his profession for long-term financial stability. “As with many people, the recession consumed some wealth that I had planned on using for retirement,”
Beyond his personal needs though, Dr. Retherford wants to have an impact on the lives of others. “I’ve spent my entire career helping people to lead healthier lives through dental care,” he said. “Now I want to put myself in the position to be able to give of my resources, both time and money, in order to make a difference in the lives of others.”
