The cost of living crisis – an action plan for dentists

Simon Cosgrove, specialist dental financial adviser for Wesleyan, provides a plan of action for dentists facing the effects of the cost of living crisis.

The cost of living crisis continues centre stage in the media. But what does it mean for dentists and their financial wellbeing?

Typically considered higher earners by society’s standards, dentists may feel like they are less likely to feel the impact of the current economic climate. In fact, in a recent survey carried out by Wesleyan, as many as 20% of respondents didn’t feel like inflation rates would affect their finances.

The reality is, with inflation hitting its highest rate in 30 years in March at 7%, dentists’ financial wellbeing, including savings and retirement plans, may be at risk. No one will be completely immune to the cost of living crisis.

Simon shares how you can look to create a plan to keep your finances secure during market turbulence.

Speak to a specialist

We currently live in a world where we’re battling misinformation daily. When it comes to something as important as your financial wellbeing, it helps to seek advice from experts.

Speaking to a specialist dental financial adviser who understands the implications of inflation might help you put things into perspective. They can help you develop the best plan of action under the circumstances to help you protect your savings.

You can book a no-obligation financial review with a specialist dental financial adviser by visiting

Advice is provided by Wesleyan Financial Services Ltd.

‘Wesleyan’ is a trading name of the Wesleyan Group of companies.

Wesleyan Financial Services Ltd (Registered in England and Wales No. 1651212) is authorised and regulated by the Financial Conduct Authority and is wholly owned by Wesleyan Assurance Society. Wesleyan Assurance Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Incorporated in England and Wales by Private Act of Parliament (No. ZC145). Registered Office: Colmore Circus, Birmingham B4 6AR. Telephone: 0345 351 2352. Fax: 0121 200 2971. Calls may be recorded to help us provide, monitor and improve our services to you.

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