Financially Independent Teachers Dave Fleischer

After HS, Reese joined  the military and learned about retirement planning on accident in Korea. He is now 34 with a net worth of roughly 950k and has taken zero loans to buy anything besides mortgages. Reese made all the silly mistakes as a new teacher such as opening a 403b with Equitable but learned from being burned. From then, he made finances his passion. 

Reese and his wife and alternated their educational pursuits leading to her just finishing her doctorate and Reese working to finish his masters. Reese sayings staying out of debt is a must for middle income earners. In his experiences working with nurses, teachers, military members and many more, the biggest issue being 2 things: Cars and eating out. Life is challenging and to short, but with the right plan and mindset, it can absolutely be rewarding and prosperous.

Jason and his wife have two young children and are both teachers in Mississippi. Jason has become an expert in the area of benefits and the pension in his home state.  He is now sharing his passion for understanding these benefits will all teachers in his state. Although he knows he could be making more money in the private sector, he says that all of the benefits of teaching, especially early retirement, are way too much to give up.  Jason and his wife both plan on retiring before 50! 

Tiffany began as a teacher in GA and was married to a teacher for over 15 years. However, they could never get on the same page in regards to their money. However, as she went through a divorce, Tiffany has been able to improve her financial situation and learn more about finances. Increasing her knowledge has become important of her long-term goals. In order to learn, she went back to school to become a CFP.  Currently, she is working to help other educators, in particular school nutrition professionals (operations' staff)  to become financially literate. Some key important steps for Tiffany has been making career moves to strategically increase her income in order to maximize her GA pension.

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Sean Mullaney is an advice-only financial planner and the President of Mullaney Financial & Tax, Inc. Through Mullaney Financial & Tax, Sean provides advice-only financial planning for a flat fee. Sean writes the Plutus Award winning blog FITaxGuy.com on the intersection of tax and financial independence. He also has a personal finance YouTube channel and wrote Solo 401(k): The Solopreneur’s Retirement Account. 
Sean has discussed personal finance and tax on numerous podcasts, including ChooseFI, The Stacking Benjamins Show, How to Money, and BiggerPockets Money. He has been quoted in media outlets including The Wall Street Journal, The New York Times, and MarketWatch.
Sean entered financial planning as a career changer. In his previous career he worked for Deloitte & Touche and PwC, including over 6 years in PwC’s Washington National Tax Services practice. Sean is a Certified Public Accountant licensed in California and Virginia. He is a member of Measure Twice Planners and the American Institute of Certified Public Accountants. For more on Sean’s professional background, please visit his LinkedIn profile here.
Sean and his wife Catherine live in Woodland Hills, California. Outside of professional pursuits, he enjoys spending time with his wife, travel, the comedy of Larry David and Jerry Seinfeld, and New York Jets football. 
https://fitaxguy.com/

The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Dave and the Financially Independent Teachers podcast do not endorse Sean Mullaney, Mullaney Financial & Tax, Inc. and their services.


Be a guest on the show:
https://www.financiallyindependentteachers.com/contact-8

Check out our website:
https://www.financiallyindependentteachers.com/

Sign up for FIT coaching:
https://www.financiallyindependentteachers.com/services-4

Is the grass really greener on the other side? Many teachers are filing for the exits to leave education but Nancy did the opposite.  Nancy spent  in the private many years sector in HR before moving into her role as a Career and Technology teacher in NC. 

What are the pros and cons of each? Many teachers (myself) only know education...K-12 to college and then right into the classroom. 

Only a few years away from retirement, Nancy is continuing to learn about personal finance and how to maximize her situation as a single income earning teacher.

Be a guest on the show:
https://www.financiallyindependentteachers.com/contact-8

Check out our website:
https://www.financiallyindependentteachers.com/

Sign up for FIT coaching:
https://www.financiallyindependentteachers.com/services-4
 

What is the S&P 500 and why is everyone talking about it? Lucretia is the daughter of two teachers and spent 20+ years working for IBM.  After digging into teacher retirement options, she realized teachers all over were getting the raw end of the deal with high fees and bad products.   

This has led Lucretia to retire early and start a passion project to help people build wealth and do it all for FREE!

Check out her website for free articles and articles geared toward teachers.
https://www.financialfreedomforwomen.org/.

Be a guest on the show:
https://www.financiallyindependentteachers.com/contact-8

Check out our website:
https://www.financiallyindependentteachers.com/

Sign up for FIT coaching:
https://www.financiallyindependentteachers.com/services-4