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Reply to "More Teachers become millionaires than doctors?"
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[quote=Anonymous][quote=Anonymous]Single mom (full time with no financial help) who is also a teacher. Started my career making maybe 30k and now I am up to 100k. When I was young and child free, I tutored on evenings and weekends. I lived well below my means and had roommates for the longest time. I was lucky to have a parent who was financially literate and had me put my money into a Roth/IRA starting at age 16. And I was lucky to have gotten a scholarship to college and then had work fund my masters. It wasn't until I was making 80k that I felt comfortable fulling funding my 403b, prior to that I made small contributions. Around 48ish I became a millionaire. The biggest perk is the pension and I plan on retiring as soon as I can. [/quote] How many kids? Did your ex pay child support? What about sending the kids to college? I’m a single mom who is also a teacher. My ex doesn’t pay anything since both kids are over 18. They cost more now in college than they ever had so it’s ironic that I’m having to pay it all. I stopped my 403b contributions and took up a 2nd job. [/quote]
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