Teach and Retire Rich

By Daniel Otter

What's Teach and Retire Rich about?

Teacher Daniel Otter, Ph.D. and Certified Financial Planner Scott Dauenhauer CFP® of 403bwise.org discuss teacher saving for retirement issues. Never too serious, Dan and Scott strive to make learning about pensions, the 403(b), the 457(b), and investing, fun and understandable.

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Teach and Retire Rich episodes:

05.10.2024
Teacher Turned-Fiduciary Advisor Reflects on Transition (#321)
We check in with fiduciary advisor Andrew Katz-Moses CFP® five years after the big move to full time advisor. Katz-Moses Financial 403bwise Zoom Event: Curious About Becoming a Fiduciary Advisor? Learned by Being Burned - Short pod series...
05.03.2024
Bonus: Annuity Sales Group Files Lawsuit to Stop New Fiduciary Rule
Well that was quick. As is this pod. Something called — perversely, I might add — the Federation of Americans for Consumer Choice, Inc. (“FACC”) has filed a lawsuit to stop the new Fiduciary Rule even before it goes into...
05.03.2024
New Fiduciary Rule + So You Want to Be a Fiduciary Advisor? (#320)
Does the new Fiduciary Rule have teeth? Does it apply to the 403(b)? We also discuss our May 21 event for those curious about becoming a fiduciary advisor. New DOL Fiduciary Rule Fact Sheet 403bwise Zoom Event:...
04.26.2024
Love and Marriage (and Money and More!) #319
Former teacher and NGPF alum, Brian Page, shares his new endeavor designed to help couples have better conversations and make better decisions around money and the sharing of family responsibilities. Modern Husbands Brian Page Money Magazine Money Hero...
04.19.2024
Is 403bwise Anti-Union? (#318)
We address anti-union charges leveled at 403bwise.org Shark Attack NEA Valubilder Expose Learned by Being Burned - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth Management 403bwise.org Nothing...
04.12.2024
Middle School Math Teacher on a Fin Lit Mission (#317)
Rachel is a middle school math teacher from Western, NY. She paid off student loan debt in one year. At age 33 she has a Roth IRA, a 403(b), a 457(b) and a brokerage account. Oh, and she was born...
04.05.2024
Dan and Scott Speak to Teacher Educators (#316)
Dan and Scott talk discuss their keynote address to the Association of Teacher Educators. ATE 403bwise Enlists Teacher Educators in Fight to Fix K-12 403(b) Learned by Being Burned - Short pod series about how teachers...
03.29.2024
10 Questions Posted on the 403bwise Facebook Group (#315)
To celebrate hitting 15,000 Facebook Group members we ask and answer 10 recent questions posted in this vibrant community. Bad Vendors Who Have Good Plans How to Get Out of a Bad 403(b) How to Get Out...
03.22.2024
Veteran Teacher. Future CFP® (#314)
Veteran educator and 403(b) advocate Rose Mendonca of Lowell, Massachusetts is on her way to becoming a CFP®. She talks teaching, helping colleagues, and her next career act. Teachers Talk Money Learned by Being Burned - Short pod series...
03.15.2024
Illinois Single Vendor 403(b) Legislation; Scott Banned (again); & More (#313)
Grab bag of topics: Illinois single vendor 403(b) legislation (AB 2568); Scott banned (again); IPX transitioning to Aspire; LAUSD adds Vanguard and the 403bwise Facebook Group is very close to hitting a milestone. Learned by Being Burned - Short...
03.08.2024
Sweet Option for Those Looking for Low-Cost Fiduciary Advice (#312)
Jeremy Schneider talks selling a tech company, getting wise to financial literacy issues, and starting Nectarine, which aims to offer low-cost fiduciary advice. Nectarine @personafinanceclub Personal Finance Club Learned by Being Burned - Short pod series about how teachers...
03.01.2024
Helping Colleagues Get Wise to Saving (#311)
Hockey playing (soon to be!) New York math teacher Sarah Peterson helps colleagues get wise to the 403(b) and the 457(b). Peekskill City School District Learned by Being Burned - Short pod series about how teachers got burned...
02.23.2024
Climbing Mountains. Fighting Fires. (#310)
Wyoming 8th grade physical science teacher talks teaching, mountain guiding, and recovering from a house fire. He also discusses the excellent financial guide for teachers he has created (available below). Trevor Deighton Retirement Planning Resource Black Diamond...
02.16.2024
Jonathan Clements (#309)
The former personal finance columnist for The Wall Street Journal and current editor of the excellent HumbleDollar.com talks career, money lessons, and how he's approaching the next phase of his work life. The Money Pit Things I Have Picked...
02.09.2024
Liz Weston: Personal Finance Legend Retires (#308)
Liz Weston CFP®, longtime personal finance writer, jumps off the retirement cliff. Retiring Wasn’t Easy Even After Years of Writing About It Investing for Retirement: Why You Might Want to Reconsider That 403(b) Learned by Being Burned...
02.02.2024
F.I.R.E.d Teacher Earns CFP® (#307)
A retired educator and administrator who used F.I.R.E. principles to retire early talks about earning her CFP®, passing the exam, and working with clients. Mary Ann Sullivan Learned by Being Burned - Short pod series about how teachers got...
01.26.2024
Financial Hardship to Financial Stability (#306)
School custodian turned-accountant describes how the mentorship of Jeff York, who listeners to the podcast might better know as the Wealthy Custodian, helped set her on a path to financial stability. The Wealthy Custodian The Wealthy Custodian Retires...
01.19.2024
Hoosier Who Helps Colleagues Get Wise to Saving for Retirement (#305)
Indiana middle school teacher Thomas Ferguson cares as much about his colleagues retirement savings as he does his own. Not only does he help educate them on saving, he also runs the engaging Instagram account @IndianafinLit Learned by Being...
01.10.2024
Shady Bid"ness"? (#304)
Did a Southern California benefits consortium fail to act in the best interests of educators? Normally we drop our pods on Friday morning. But this is a time-sensitive episode because of a meeting that will occur Friday, January 12th at...
01.05.2024
2024 Changes Affecting 403(b) Participants (#303)
Annual beginning of the year check-in with Barb O’Neill, CFP, AFC (Accredited Financial Counselor), and owner/CEO of Money Talk: Financial Planning Seminars and Publications, and a regular contributor to 403bwise. She shares what 403(b) participants need to know in 2024....
12.29.2023
PA Teacher Helps Colleagues Get Wise to Saving (#302)
Happy Valley, PA Elementary teacher, Scott Fritz, is the co-author of a Fin Lit book for Pennsylvania teachers. He's also the go-to fin lit person at his school and district. TL: DR: Financial Literacy for Employees of Pennsylvania...
12.22.2023
NEA Allows Private Equity To Prey On Educators (#301)
The nation’s largest teachers union has been promoting high-fee retirement plans to its members that have underperformed, teachers and experts tell The Lever. The products are sold by a private equity-owned insurance company accused of fraud and mismanagement — and...
12.15.2023
Teaching Fin Lit to Teachers (#300)
California high school teacher Matt Raleigh, and retired Colorado teacher and prolific author, Karl Fisch, share their experience teaching a college level personal finance course for educators. They also discuss how you can design and teach a similar course ...
12.08.2023
Helping Teachers & Students Get Financial F.I.T. (#299)
North Carolina high school educators Dave Fleisher and Brandon Speece educate colleagues about saving for retirement, host the Financial Independent Teachers Podcast, and are authors of the new book The FIT Position. Financially Independent Teachers Dave and Brandon...
12.01.2023
Massachusetts Teacher/Union President (#298)
We speak with Julia Brotherton, educator and president of the Beverly, MA Teachers Association about her dual roles, and how she helps colleagues get wise to saving for retirement. Beverly 403(b) Plan Episode 5 of Learned by Being Burned -...
11.24.2023
Talking Money with Cullen Roche (pt. 2) (#297)
In part 2 of our annual catch-up with one of the wisest financial minds we know, Cullen Roche, we talk the national debt, the value of international investing, possible role of A.I. in investing, and Cullen reveals a new project...
11.17.2023
Talking Money with Cullen Roche (pt. 1) (#296)
It's our annual catch-up with one of the wisest financial minds we know, Cullen Roche, an economist, author, and founder and chief investment officer of the Discipline Funds, a low-fee advisory firm. We talk inflation, what the Fed might do...
11.10.2023
How NOT to Do Single Vendor (#295)
We love a quality, bidded, single-vendor 403(b) plan. Fiduciary planner Mychal Eagleson CFP® shares three examples where school districts did single vendor very wrong. Teach Plan Retire Episode 5 of Learned by Being Burned - School benefits official explains how...
11.03.2023
Master of Estate and Retirement Planning (#294)
James Lange is a CPA, an attorney, and an author. His most recent book, Retire Secure for Professors and TIAA Participants was released this month. Scott describes the book as a Master Class in estate and retirement planning. Link...
10.27.2023
She Does the Math & Posts Her Work (#293)
Bree Lee is a Bay Area math teacher who runs an impressive fin lit Instagram account (@ritual_finance) where she posts the basics, the more complex, the workings of the CalSTRS pension and her own paycheck breakdown, monthly budget, and growing...
10.20.2023
10 Key Student Loan Questions (#292)
Teacher-turned planner, Justin Garritt goes deep on student loans including sharing an important deadline (December 31, 2023) for those looking to get maximum value out of PSLF (Public Service Loan Forgiveness). Garritt Financial Solutions Teacher/Travel Hacker Turned...
10.13.2023
TIPS: Treasury Inflation-Protected Securities (#291)
Scott talks TIPS (Treasury Inflation-Protected Securities), and the dramatic rise in their real rate of return. TIPS Meridian Wealth Management 403bwise.org Nothing presented or discussed is to be construed as investment or tax advice. This can be secured...
10.06.2023
403bwise Milestone + Bad New Jersey District (#290)
403bwise Facebook Group reaches a Taylor Swift-like milestone. New Jersey school district throws teachers under the bus. 403bwise Facebook Group New Jersey District Throws Teachers Under the Bus Meridian Wealth Management 403bwise.org Nothing presented or discussed is...
09.29.2023
Typical Teacher Can Afford Just 12% of Homes for Sale Near Their School (#289)
Lily Katz of Redfin News discusses the recent story she co-wrote with her colleague Sheharyar Bokhari, Redfin Senior Economist, called: The Typical Teacher Can Afford Just 12% of Homes for Sale Near Their School, Down From 30% in 2019 ...
09.22.2023
The Real Cost of K-12 403(b) Enrollment (#288)
Scott reveals the dirty little secret about K-12 403(b) enrollment: it's a loss leader which incentivizes agents to upsell. The Price of 403(b) Enrollment School Benefits Official Who Did the Right Thing (from the Learned by Being Burned pod...
09.15.2023
403bwise Wins Innovator Award (#287)
Dan and 403bwise community honored by InvestmentNews. We tell the 403bwise origin story. How a Former Teacher is Educating the World About 403(b)s An Annuity for the Teacher — and the Broker (New York Times) 403bwise...
09.08.2023
Full Time Financial Coach (#286)
NYC teacher and financial coach Emily Maretsky, who has more than 16k Instagram followers (@teacherfinancialcoach), talks family and moving from the classroom to full time financial coaching. teacherfinancialcoach.com @teacherfinancialcoach Learned by Being Burned — teachers share how they were burned...
09.01.2023
Personal Finance Legend Scott Burns (pt. 2) (#285)
Part 2 of our wide ranging interview with one of the most influential personal finance writers in the country, Scott Burns. A longtime columnist for the Dallas Morning News and the father of the “Couch Potato Portfolio” investing style, Scott...
08.25.2023
Personal Finance Legend Scott Burns (pt. 1) (#284)
Wide ranging interview with one of the most influential personal finance writers in the country, Scott Burns. A longtime columnist for the Dallas Morning News and the father of the “Couch Potato Portfolio” investing style, Scott is a longtime champion...
08.18.2023
Fraud Pod (#283)
School counselor from Connecticut gets taken for an expensive ride. It could happen to you. Fraud Is Flourishing on Zelle. The Bank’s Say It Is Not Their Problem. Stuck in AXA (First pod with Adam) Learned by...
08.11.2023
The K-12 403(b) is Bad. But Have You Heard About Private Equity? (#282)
Private equity is everywhere: emergency rooms, nursing homes, veterinarians, your favorite retailers, and maybe some day your retirement plan. Yet, according to our guest Brendan Ballou, author of Plunder: Private Equity's Plan to Pillage America, few understand what these firms...
08.04.2023
How Free is Free? (#281)
Buffer annuities — sometimes called Structured Investment Options - are pitched as a no-cost investment. Sounds good, right? The Risk of Buffer and Floor Strategies SEC Warning Learned by Being Burned (teachers share how they were burned...
07.28.2023
Teaching Couple Axe Equitable (#280)
Massachusetts 5th grade teacher Brian Kramer, who describes himself as an Aspiring Financial Literacy Advocate, discusses teaching, how he and his wife got out of Equitable, term life insurance, saving in a Roth IRA, and perhaps earning the CFP® designation....
07.21.2023
Clear the Student Loans! (#279)
Former teacher, current financial planner, and 24-7 student loan forgiveness guru, David Gourley returns to make sense of where student loan forgiveness stands in the wake of the Supreme Court ruling, and the recent Biden Administration announcement of a seemingly...
07.14.2023
The Fin Lit Doctor Is In (#278)
We talk to a real doctor — not a phony one like Dan — who after being burned by salespeople, started the White Coat Investor, the most widely-read, physician-specific personal finance and investing website in the world. White Coat...
07.07.2023
Teacher Goes Deep on 403(b) Fee Impact (#277)
Former professional baseball player and current Florida high school teacher, Ole Sheldon, discusses his new book The Impact of Fees on Retirement Investing: Written by a Teacher for Teachers which grew out of his doctoral dissertation on this topic. ...
06.30.2023
Teacher to Fin Lit YouTube Force pt. 2 (#276)
Yanely Espinal is the author of Mind Your Money and the Director of Educational Outreach at our favorite non-profit, Next Gen Personal Finance. To her 58,000 youtube followers she is known as MissBeHelpful, a fin lit channel she founded in...
06.23.2023
Teacher to Fin Lit YouTube Force pt. 1 (#275)
Yanely Espinal is the author of Mind Your Money and the Director of Educational Outreach at our favorite non-profit, Next Gen Personal Finance. To her 58,000 youtube followers she is known as MissBeHelpful, a fin lit channel she founded in...
06.16.2023
Power of Automatic Enrollment (#274)
Auto Enrollment has led to a massive increase in saving for retirement participation, especially among the young. We discuss data from new Vanguard 401(k) report, and what it could mean for the 403(b) and 457(b). We also talk a little...
06.09.2023
Protecting Investors (#273)
Micah Hauptman, the director of investor protection at the Consumer Federation of America, talks about his job and the fight to implement a fiduciary standard. Consumer Federation of America Learned by Being Burned (teachers share how they were burned...

What's Teach and Retire Rich about?

Download our free app to listen on your phone

Teach and Retire Rich episodes:

Teacher Turned-Fiduciary Advisor Reflects on Transition (#321)

Bonus: Annuity Sales Group Files Lawsuit to Stop New Fiduciary Rule

New Fiduciary Rule + So You Want to Be a Fiduciary Advisor? (#320)

Love and Marriage (and Money and More!) #319

Is 403bwise Anti-Union? (#318)

Middle School Math Teacher on a Fin Lit Mission (#317)

Dan and Scott Speak to Teacher Educators (#316)

10 Questions Posted on the 403bwise Facebook Group (#315)

Veteran Teacher. Future CFP® (#314)

Illinois Single Vendor 403(b) Legislation; Scott Banned (again); & More (#313)

Sweet Option for Those Looking for Low-Cost Fiduciary Advice (#312)

Helping Colleagues Get Wise to Saving (#311)

Climbing Mountains. Fighting Fires. (#310)

Jonathan Clements (#309)

Liz Weston: Personal Finance Legend Retires (#308)

F.I.R.E.d Teacher Earns CFP® (#307)

Financial Hardship to Financial Stability (#306)

Hoosier Who Helps Colleagues Get Wise to Saving for Retirement (#305)

Shady Bid"ness"? (#304)

2024 Changes Affecting 403(b) Participants (#303)

PA Teacher Helps Colleagues Get Wise to Saving (#302)

NEA Allows Private Equity To Prey On Educators (#301)

Teaching Fin Lit to Teachers (#300)

Helping Teachers & Students Get Financial F.I.T. (#299)

Massachusetts Teacher/Union President (#298)

Talking Money with Cullen Roche (pt. 2) (#297)

Talking Money with Cullen Roche (pt. 1) (#296)

How NOT to Do Single Vendor (#295)

Master of Estate and Retirement Planning (#294)

She Does the Math & Posts Her Work (#293)

10 Key Student Loan Questions (#292)

TIPS: Treasury Inflation-Protected Securities (#291)

403bwise Milestone + Bad New Jersey District (#290)

Typical Teacher Can Afford Just 12% of Homes for Sale Near Their School (#289)

The Real Cost of K-12 403(b) Enrollment (#288)

403bwise Wins Innovator Award (#287)

Full Time Financial Coach (#286)

Personal Finance Legend Scott Burns (pt. 2) (#285)

Personal Finance Legend Scott Burns (pt. 1) (#284)

Fraud Pod (#283)

The K-12 403(b) is Bad. But Have You Heard About Private Equity? (#282)

How Free is Free? (#281)

Teaching Couple Axe Equitable (#280)

Clear the Student Loans! (#279)

The Fin Lit Doctor Is In (#278)

Teacher Goes Deep on 403(b) Fee Impact (#277)

Teacher to Fin Lit YouTube Force pt. 2 (#276)

Teacher to Fin Lit YouTube Force pt. 1 (#275)

Power of Automatic Enrollment (#274)

Protecting Investors (#273)