Financially Independent Teachers
Welcome to the Financially Independent Teachers Podcast- where educators come together to discuss their journey on the road to financial independence. Each week, Dave and Brandon interview teachers who are winning with money and welcome financial industry experts like JL Collins, Andy Hill, Andrew Hallam (Millionaire Teacher) and Rachel Cruze (daughter of Dave Ramsey). There are plenty of voices in the teachers' lounge telling you that you can't build wealth on an educator income, let FIT provide hope that you CAN!
Financially Independent Teachers
EP 276-TX Educator Retired at 50 is now a SLOMAD---2+ Million NW
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Eric walked away from his W2 job in education at the age of 50. He didn't have enough years of service to access his pension at 50, but him and his wife had over 1 million dollars in a taxable brokerage account to live off of in retirement. One day, the pension will come, until then, Eric still works as an educational consultant.
With a paid for home, Eric and his wife plan on eventually selling, whenever their find their "forever" location. Currently, they are adventuring throughout the US doing what they call SLOMADING. Annoyed with quick travel and only seeing the "touristy" spots, they are dabbling into a slower paced travel, utilizing platforms like Furnished Finder to stay for 2-3 months in one spot, living like a local.
So far, they have tried this approach in Omaha, NE...Coastal NC/SC, and their next pit stop is in the high desert in NM. They are trying to find their retirement spot, and they will travel the nation until they do so!
Check out their website...Early Exit, Open Road!
Be a guest on the show:
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Check out our website:
https://www.financiallyindependentteachers.com/
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https://www.financiallyindependentteachers.com/services-4