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Reply to "More Teachers become millionaires than doctors?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In millionaire next door book it mentions teachers are mainly female and female teachers are the number one occupation of millionaires wives. Add in all married female teachers are usually dual income. Of course they are millionaires [/quote] I think this is probably right. Sorting for single status would likely result in a different financial outcome.[/quote] I am single and much lower income than teachers. I'm a millionaire. My partners were much flashier with money because they made much more. I didn't even dare to combine finances because how bad they were with finances because of higher income. They didn't have to budget. Teacher salary is this sweet spot were they can become millionaire because of the retirement contributions and living on less.[/quote] Much lower than teachers? Please show the math on how to become a millionaire with a 50k income? [/quote]
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