Teachers can’t rely on a pension or 403(b) alone; retiring comfortably usually requires building multiple income sources and saving 15 to 20% of income starting as early as possible. Since a teacher’s salary is stretched across 12 months instead of a typical work year, that savings habit takes intentional planning.
When it comes to educators, we’re thankful that they do what they do because it’s a job where they get the short end of the stick. They have to make nine months of salary last 12 months. They have to take the brunt of childcaring and actually raising your children during the day. What most people fail to realize in education is that it’s not enough to just have a pension or a 403B plan. You need multiple sources of income in retirement, and you need to learn how to save and before it’s too late. You should start that process of saving at least 15 to 20%. And it’s not just for your emergency fund. So, DM me directly so we could talk more.
