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How Much Do Therapists Earn in Private Practice in 2024?

In 2024, are you questioning how much therapists can make in private practice? Join me in exploring the average salaries, financial goals, and key considerations for therapists aiming to earn over $100,000 a year. Subscribe for expert advice on navigating the path to financial success as a therapist! Private Practice Roadmap Course: https://theprivatepracticepro.com/roa... Marketing for Therapists Course: https://theprivatepracticepro.com/mar... Sign up for Simple Practice using this link, and you’ll get 2 months free: https://partners.simplepractice.com/tppp Timestamps: - 00:00 - Introduction - 00:21 - Private Practice Pro - 01:10- Living on California on 40k as a pre-licensed therapist - 01:41- What is the average salary for therapists in the United States? - 2:24- How much do counselors earn in private practice? - 2:44- Calculating overhead, business expenses and more to earn six figures as a psychotherapist in private practice. - 3:27 - Using math to calculate net income for six figures - 3:50 - Determining your net income goal for private practice. - 4:54 - How to earn $100,000 per year in private practice - 5:58 - Determine your business expenses. - 7:46 - Calculating your ideal therapy fee - 8:23 - Raising or lowering your fee to achieve your private practice income goals Welcome to Private Practice Pro. My name is Kelley Stevens, and I’m an LMFT in private practice in Southern California.I create videos with step-by-step guides on how to open a private therapy practice. Regardless of whether you are a Ph.D., PsyD, psychologist, LMFTs, LPCCs, LSCWs, social worker, counselor, or psychotherapist, I hope you find value here on this channel. Website: www.theprivatepracticepro.com Instagram:   / theprivatepracticepro