Anonymous wrote:
Anonymous wrote:Educator millionaire here who expects to have around 4 mil and retire at 55 with a pension-- you have to play your cards/and also be very lucky to get here--- not having student loans, having knowledge of and participating in early investing, living in a state that pays well for educators, not having the double windfall provision take away social security, marrying a like minded spouse, not having significant medical issues or kids with major disabilities. So, yes, I agree with the pp that the million mark is doable for some teachers, but the 5 million plus mark is unlikely for most unless married to a higher earning spouse. Whereas doctors can much more easily obtain the 5 million plus mark if they don't blow their money or aren't in a low paid specialty
If you started teaching at 25, with the typical teachers salaries even in high paying states (with high COL), pray tell how did you rack up 4 mill in 30 years?
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