Teach and Retire Rich

Retired educator is prolific writer of state specific retirement guides for teachers (40 and counting); he's running for a seat on the Colorado PERA Board of Trustees; and he writes engaging and educational retirement planning material that he makes available for free. We discuss all of this and more.   Fisch Financial Karl's State Specific Retirement Guides for Educators LA Wildfire Relief Learne...

We discuss Vanguard's settlement with the SEC over issues with target date funds held in taxable accounts.  Vanguard to Pay More than $100 Million Over Target Date Violations US Inflation Calculator 403bwise Vendor Grades LA Wildfire Relief 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 presented...

Individual barred from acting as a broker goes all in on Florida K-12 market is another example of how broken the K-12 403(b) remains.  FINRA Broker Check LA Wildfire Relief 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 presented or discussed is to be construed as investment or tax advice. This...

Our guest today, Aaron Standish, is the former Financial Literacy Coordinator (K-12) for the School District of Palm Beach County, Florida who recently joined Next Gen Personal Finance as their Partnership & Adoption Manager for the Southeastern part of the country.  ngpf.org NGPF On-Demand Modules The Most Important Class You Never Had Learned by Being Burned  - Short pod series about how teacher...

Barbara O'Neill, CFP®, AFC®, and owner of Money Talk and a regular contributor to 403bwise looks back at key money issues in 2024 and ahead to 2025.   2024 Personal Finance Recap for 403(b) Participants Million Dollar 403(b) Mistake Morgan Housel books & podcasts Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth Management 403bwis...

Former Baltimore teacher-turned fiduciary advisor Justin Garritt discuss the top teacher financial mistakes of 2024 that he sees in his practice.  Garritt Financial Solutions Baltimore Banner 403(b) Story Jeff Venables The Student Loan Planner The FIT Position: A Framework for Financial Success Morgan Housel books & podcasts Learned by Being Burned  - Short pod series about how teachers got burned...

Mai Nguyen, director of the Department of Social and Emotional Wellness Supports for Buffalo Public Schools, talks supporting the whole child and teacher. She also discusses the 403(b)/457(b) event she held that attracted close to 300 educators.  Buffalo Public Schools Department of Social, Emotional, and Wellness Supports Buffalo City Schools 403(b)/457(b) Plan Learned by Being Burned  - Short po...

More like: Meet the new boss. Same as the old boss. We review Equitable's new Equi-vest Series 202 403(b) product. Note: We talk Buffalo Bills football and Oregon Duck football for the first six minutes and 25 seconds.   Equi-vest Series 202 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 presente...

Dr. Jeff Venables is a veteran South Carolina Chemistry teacher whose advocacy led his district to add Aspire, Fidelity and Vanguard to their 403(b) lineup. But he's not done there. He's now lobbying state legislators.  Jeff's District TL; DR Finanical Literacy for Employees of South Carolina Public Schools Karl Fisch State Books for Educators Learned by Being Burned  - Short pod series about how...

Dan and Scott discuss their recent in-person speaking engagement in Florida which has left them a tad under-the-weather. They also discuss how to make the 457(b) even more superior to the 403(b). Finally, Dan hits Scott with a surprise topic. How does he react? Council for Great City Schools Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Merid...

Dan and Scott discuss accessing 403(b) money at 59.5 while working and the new age 60 "super" catch up provision which will go into effect in 2025. Dan also talks about completing the mission he and three other friends started in 1990: to see a game in every NFL city.    401(k)/403(b)/457(b) Age 60 "Super" Catch-Up One Weird Trick to Fix Retirement Plans a.k.a. "SECURE" Act 3.0 Learned by Being Bu...

Karla Kirkling, executive director of healthcare and benefits at Chicago Public Schools shares how she used data, facts, and common sense to create one of the best single-vendor K-12 403(b) in the country. It is plan that will save employees tens of thousands of dollars in fees over the lifetime of their careers.    City of Chicago 403(b)/457(b) Plan 403bwise Grade of City of Chicago Plan Learned...

Cullen Roche is an economist, author, father and Founder and Chief Investment Officer of the Discipline Funds, a low-fee advisory firm. Jan Hatzius FRED Economic Data (St. Louis Fed) State 457(b) Plan Rating Project 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 presented or discussed is to be co...

Every state runs a generally excellent 457(b) plan that firefighters, police, and other state employees contribute to. These plans often have large assets under management which leads to extremely low-cost investing options. Many states permit educators to contribute to these plans. Unfortunately not all do. We discuss our new tool that allows users to search state 457(b) plans for eligibility, pl...

Audio recording of our September 25, 2024 event with Lucretia Ryan about the dangers of choosing Medicare Advantage. It is recommended that you click link (below) to visual accompanying Lucretia's presentation before listening to audio.  Visual Resource to Accompany Lucretia's Presentation  Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Meridi...

Little known role — Compliance Administrator — can have massive effect on 403(b)/457(b) quality. Many school districts are being misserved and they don't even know it. Dan also shares a private jet story.  Are Educator Retirement Plans Getting Hijacked by Compliance Administrators? Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth...

Former custodian Jeff York talks retirement and the joy it has brought him. He also talks finances — including a bold approach to homeowners insurance — and a little fishing. 2019 Podcast with Jeff 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 presented or discussed is to be construed as investm...

Jesse Cramer went from designing satellite telescopes to financial planning. The host of The Best Interest Podcast talks career transition, Rochester, N.Y., and financial planning.  Best Interest Podcast Best Interest Blog How Much Life Insurance Do You Need Equitable SEC Settlement Our Pod on the SEC/Equitable Settlement Nothing presented or discussed is to be construed as investment or tax advic...

Pennsylvania advisor Gibson McCracken talks about his time at Equitable and how he's serving educators now.  Flick Financial The Teacher Tribune Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth Management 403bwise.org

Scott and Dan have a heart-to-heart about new 403bwise.org tools to help pre-service teachers get wise to the 403(b) and teacher retirement plans.  On-Demand Learning Module for Pre-Service Teachers YouTube video for Pre-Service Teachers Blog Post: Inoculating Pre-Service Teachers From 403(b) Sales Sharks Equitable SEC Settlement Our Pod on the SEC/Equitable Settlement Learned by Being Burned  - S...

Award-winning meteorologist and fin lit fan Greg Dee of ABC Action News in Tampa, FL talks investing, forecasting, and a day in the life of a weatherman. Greg Dee, ABC Action News Tampa, FL Award for Broadcast Meteorology (for life saving work) Equitable SEC Settlement Our Pod on the SEC/Equitable Settlement Learned by Being Burned  - Short pod series about how teachers got burned then got wise to...

The law firm of Dicello Levitt LLP filed a class action lawsuit against Equitable Financial Life Insurance Company. They allege that Equitable charged investors significant undisclosed fees on their EQUI-VEST variable annuities.  Case Summary Contact Law Firm Equitable SEC Settlement Our Pod on the SEC/Equitable Settlement Bills Fan Wins Fanatics Fest Costume Contest and Tickets to Every Major Dom...

Part two of our inteview with Joel Larsgaard and Matt Altmix of the  How to Money website and podcast. How to Money Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth Management 403bwise.org

Popular podcast hosts and best friends Joel Larsgaard and Matt Altmix of the How to Money website and podcast, talk friendship, podcasting, and money (pt. 1).   How to Money Learned by Being Burned  - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth Management 403bwise.org

On more than one occasion we have heard red-rated vendors declare that fixed insurance products are now subject to a best interest standard for 403(b) sales in most states. This is false.   Comparing CFP Board's Code of Ethics and Standards of Conduct to The NAIC's Suitability in Annuity Transactions Model Regulation #275 Learned by Being Burned  - Short pod series about how teachers got burned th...