The retirement landscape is not what it once was, and for many, the ability to retire can seem elusive. Many Americans are worried about whether they can afford to retire and how to ensure that their savings last as long as needed.
Retirees and pre-retirees in the education field have the added challenge of dealing with complex and ever-changing retirement benefits and often need help understanding their options. For educators who have spent a lifetime helping others achieve their best, deciding to retire may involve a mix of emotions. You may be worried about whether you can afford to retire. You may feel ambivalent about leaving colleagues and a beloved profession. You may also wonder about what you will do when you are no longer working.
The combination of mixed emotions and financial worries may lead you to delay your retirement planning. However, we believe that the most prudent course is to start thinking now about your retirement needs. By looking ahead today, you can develop informed perspectives and strategies about your retirement options and make adjustments where necessary.
We’ve developed this special guide to help teachers, administrators, and other professionals in the education field understand their options and strategize for a comfortable retirement.