Teachers need help!In these days when retirement benefits are coming under fire, there is a real possibility that today’s benefits will not be the same for teachers who are expecting to retire someday in the future. Teachers should do everything they can now to take charge of their own retirement finances.
Most teachers are intelligent, college educated and are good thinkers - but - many are not well informed about personal finances. Because of their lack of knowledge, many teachers make bad financial planning decisions.This web site is devoted to helping teachers make better decisions about their retirement plans. If they understood financial planning a little better they would be able to make much better financial decisions. The information and beginning steps explained here will make it easy for teachers to take charge of their own retirement plan. This is a simple, "do it yourself" plan.
A recent article in Forbes magazine about insurance companies "fleecing teachers" is a must read for every teacher. Read it here.
A Personal Note: Recently several professional financial planners have told me that they agree with the concepts presented on these web pages. They also agree that everyone can benefit from the objective advice of a knowledgeable professional financial planner -- whether the objective is planning for retirement, college funding, home purchase, insurance protection, or estate organization. I would agree that if a teacher does not feel comfortable accomplishing all of the planning that they and their family require, then they should engage a professional to help them. Be aware that some planners charge a fee for their services; others sell products that pay them a commission; and some do both. No matter which type you may chose, it is wise to find an advisor who has been vetted by his peers. One place to search for a professional financial advisor would be the website of the Financial Planning Association.
Something else to consider. Most teachers don't know that by investing in a tax free plan through their school district that they can actually take home more money even after they have made their investment! Click here to see how this works.
Here are the places to go to find help -
Information about why school retirement is not enough
Learn more about teachers' shortfall
Click here for information about the author
