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Financial literacy tip of the month – early retirement

 

You mean there’s a downside to retiring earlier than the general public?

Most education members retire earlier than the general public – and may live more than 30 years in retirement.  So what’s the downside?  Your pension income needs to last longer.  Plus your early retirement years may be more active which could cost you more.  But that doesn’t have to be a problem as long as you’ve planned accordingly.  We understand your pension plan and can offer plans to minimize potential pension income gaps. Click here to learn about more educator-specific advice we can provide.

Educators Financial Group has been offering financial planning plus a wide selection of investing and lending products and services exclusively to teachers, educational workers, and their families since 1975.  This history helps us understand your needs better than any other financial institution so you can reach your financial goals sooner. To book a consultation, click here.

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