Retiring this Year or Next Year? Or later?

Retirement can be a daunting and intimidating process.  We are here to help you with  our 20 years of experience of working with educators

Retiring in :

0-1 years.

  If you are retiring in the next year, you should probably call us.  You need to call TRS and get a retirement estimate packet for the time you are planning on leaving, such as May 2021 or Dec 2.  Then you need to look at your budget.  What do you spend every month?  You need to look at your take home pay now versus what the take home pay be after retirement.  It is possible that you find out that you must work longer.  It is better to know before you retire than after you retire. We will help you with estimating your retirement and making a comparison of before and after retirement.  We will take into account any 403bs or 457s that you have currently.  These can be used for income. If you are eligible, for the Partial Lump Sum Option (PLSO), we will help you decide if it is right for you.

1-5years.

You have more time to look at the above.  We can help you with determining any short fall in income and make adjustments accordingly to you month 403b contributions. You can look at the PLSO options and predetermine your plan of action.

 5-+ years. 

We make sure you are contributing sufficient funds in a 403b to supplement your retirement  income. We help you with determining the year that you want to retire and making sure you get the benefits that are  yours. We can also help with budgeting  and debt.