Editor’s Picks
Optometrist 📊 Income Report 2026 | Largest Sample Size 1,920+ ODs
We’re thrilled to share our largest 2026 Optometry Income & Salary Survey, with 1,972 doctors providing insights on key topics like student loan ROI for students, fair compensation, and the true impact of annual income across our profession. This year, we also normalized earnings by days worked, giving a clearer picture of each OD’s real income potential.
Read MoreThe Optometrist’s Guide to Roth IRA Chapter 2: Step-by-step Vanguard
The Optometrist’s Guide to Roth IRA and How to do a Backdoor Roth Chapter 2A: How to do a Backdoor Roth with Vanguard | Step by Step Instructions Chapter 1: Introduction and Backdoor Roth IRAChapter 2A: Step-by-Step | VanguardChapter 2B: Step-by-Step | Fidelity Updated for 2026 Tax Limits In this chapter, we will show you…
Read MoreThe Optometrist’s Guide to Roth IRA Chapter 1: Introduction and Backdoor Roth IRA
The Optometrist’s Guide to Roth IRA and How to do a Backdoor Roth Chapter 1: Why is the Roth IRA so Awesome? Chapter 1: Introduction and Backdoor Roth IRAChapter 2A: Step-by-Step | VanguardChapter 2B: Step-by-Step | Fidelity Update for 2026 Tax Laws: A fully funded Roth IRA should be a goal for every optometrist, every…
Read MoreAnnual Report 2025: In Review, and a Look at 2026!
Overview Hello, ODs on Finance family, Throughout 2025, we saw continued growth across nearly every part of the ODs on Finance ecosystem. This included expansion of our Facebook community, ODs on Education (CE) events, website resources, strategic partnerships, and in-house services such as ODoF Merchant Services, the Cold Start & Practice Purchase Accelerator, ODoF Brokerage,…
Read More16 End-of-Year Financial Checklist For Optometrists in 2025
As 2023 draws to a close, it’s vital for optometrists to focus on financial planning for a stable and prosperous future. This checklist, designed for eye care professionals, will guide you through key year-end financial tasks. While not every item may apply to your practice or personal finances, reviewing each one ensures you don’t miss important opportunities or obligations.
Read MoreRetirement & IRS Limits Comparison: 2025-2026
As we approach 2025, retirement contribution limits including 401(k)s, 403(b)s, SIMPLE IRAs, SEP-IRAs, HSAs, and FSAs, have been adjusted modestly due to stabilized inflation rates. While catch-up contributions for those aged 50+ remain indexed to inflation, the IRS has postponed a Secure Act 2.0 provision requiring high earners ($145,000+ in Social Security wages) to make Roth-only catch-up contributions until 2026. Notably, starting in 2025, individuals aged 60-63 can contribute the greater of $10,000 or 50% more than the standard catch-up amount, providing an opportunity to boost retirement savings during peak earning years.
Read MoreThe Ultimate Optometrist’s Financial Guide to ‘Big Beautiful Bill’ Tax Plan
With the newly signed 2025 tax law (an extension of the Trump Tax Cuts and Jobs Act provisions), we have a host of updates that can directly impact high-income optometrists like us. Regardless of your political leanings, these tax changes present opportunities, and a few caveats. that matter for your bottom line.In this detailed article with factual citations, I’ll break down the key provisions of H.R. 1 (119th Congress): informally called the “One Big Beautiful Bill Act” (the Trump Tax Plan extension), and explain in first-person how each can affect your finances.
Read MoreThe Practice Owner’s Financial Overview: A Comprehensive Percentage Breakdown Guide of COGS, Operating Expenses, & Net
KEY POINTS: (1) Cost of Goods Sold (COGS) typically ranges from 26% to 32% of gross revenue, varying by practice focus (retail vs. medical). (2) Operating Expenses often break down into: Staff (18–24%), OD Payroll (14–20%), Occupancy (5–8%), and Marketing (1–2%). (3) Net Income falling within 27–35% of gross revenue indicates solid profitability and efficient…
Read MoreMethods of Valuing an Optometry Private Practice: A Comprehensive Guide
Valuing an optometry private practice is essential for many purposes, whether it be the sale or purchase of a practice, partnership buy-ins, securing loans, or planning for retirement. Ultimately a practice sells for a price that both the buyer and seller deem to be equally fair. However, there needs to be a starting point. Determining a fair value requires a detailed understanding of the business’s financials, market conditions, and intangible assets. Here, we explore several commonly used methods for valuing an optometry private practice, each with its unique considerations.
Read MoreOptometrist 📊 Income Report 2025 | Largest Sample Size 2,203+ ODs
We’re thrilled to share our largest Optometry Income & Salary Survey yet—2,203 doctors provided insights on key factors like student loan ROI for students, fair compensation, and the true impact of annual income on our profession. This year, we normalized earnings by days worked to give a clearer picture of each OD’s real income potential. What You’ll…
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