Dan Otter and Scott Dauenhauer: Why Retirement Savings Options for Educators Are So Bad

<p>Our guests on the podcast today are Dan Otter and Scott Dauenhauer. Together they run the website 403bwise, which is geared toward providing education and advocacy on retirement planning for educators. Dan started 403bwise in 2000 with John Moore as a means of shedding light on the often opaque landscape of retirement plans for K-12 educators. Scott is a certified financial planner and principal and owner of Meridian Wealth Management. He got interested in the 403(b) space after researching retirement plan options available to his wife, who is a teacher. They've each written books about 403(b)s and retirement planning for K-12 educators. Dan's is called <i>Teach and Retire Rich</i>, while Scott's book is called <i>Wild West: Providing Fiduciary Advice to Public School Employees</i>. They also host a podcast called <i>Teach and Retire Rich</i>, and they recently released a short podcast series called <i>Learned by Being Burned: Teachers in the K-12 403(b)</i>.</p><p><strong>Background</strong></p><p><a href="https://403bwise.org/about">403bwise.org</a></p><p><a href="https://www.linkedin.com/in/daniel-otter-ph-d-0380a61/">Dan Otter</a></p><p><a href="https://www.amazon.com/Teach-Retire-Rich-Dan-Otter/dp/0972611711"><i>Teach and Retire Rich</i></a>, by Dan Otter</p><p><a href="https://www.meridianwealth.com/team-member-01/scott-dauenhauer">Scott Dauenhauer</a></p><p><a href="https://www.amazon.com/Wild-West-Providing-Fiduciary-Employees-ebook/dp/B01AGRT4SA/ref=sr_1_1?crid=2H0NN596QMVVA&keywords=Wild+West%3A+providing+fiduciary+advice+to+public+school+employees&qid=1648494319&s=books&sprefix=wild+west+providing+fiduciary+advice+to+public+school+employees%2Cstripbooks%2C111&sr=1-1-catcorr"><i>Wild West: Providing Fiduciary Advice to Public School Employees</i></a>, by Scott Dauenhauer</p><p><a href="https://teachandretirerich.com/podcasts/"><i>Teach and Retire Rich</i></a> podcast</p><p><a href="https://403bwise.org/burned"><i>Learned by Being Burned</i></a> podcast</p><p><strong>The Ins and Outs of 403(b)s</stron