Author Topic: "Crappy" Jobs Part II  (Read 3133 times)

Ed Mills

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  • Location: Merida, Mexico & Statenville, GA
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"Crappy" Jobs Part II
« on: October 12, 2014, 07:09:02 AM »
Greetings fellow Mustachians!

Last August my wife and I began new jobs in a new school district.  Adjusting to our new town and school district has been a little hectic, but we have now finally settled into our new routines.  Most importantly, our son loves his new school.  Like our last "crappy" jobs, we are maximizing our savings by deferring all of our salaries into various retirement plans:  457, 403b, IRA and HSA.  Last week I verified that our 457 contributions are set up, so all systems are go.  We plan on savings over $100k over the next 11 months.  Here is the breakdown:

2014:  IRAs - $12,000 + 457 - $25,334 + HSA - $6,550 = $43,884

2015:  IRAs - $0 + 457 - $40,500 + 403b - 25,000 + HSA - $6,650 = $72,150 

If we decide to sign on for the 2015-16 academic year, we'll be able to top off the 403b and IRA accounts.  Either way, we plan on making our "crappy" jobs pay off.       
 

StangStache

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Re: "Crappy" Jobs Part II
« Reply #1 on: October 12, 2014, 12:14:14 PM »
Awesome!  I love reading your stories.  It's nice to see what mustachianism can do for those in education.

Keep up the great work.

greenmimama

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Re: "Crappy" Jobs Part II
« Reply #2 on: October 13, 2014, 05:49:59 PM »
Inspiring

Ed Mills

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  • Posts: 117
  • Age: 60
  • Location: Merida, Mexico & Statenville, GA
  • Join the FI Revolution Y'all!
    • The Millionaire Educator
Re: "Crappy" Jobs Part II
« Reply #3 on: October 13, 2014, 06:23:51 PM »
For what it's worth, my first appearance on a podcast: 

http://radicalpersonalfinance.com/how-to-become-a-millionaire-on-a-teachers-salary-in-20-years-interview-with-the-millionaire-educator-rpf0080/

Sorry for all the "you knows."  I'll try to do better if I ever get invited on another podcast.  I enjoyed the experience because it forced me to distill some of the ideas that bounce around in my head. 

 

Wow, a phone plan for fifteen bucks!