How Will You Replace the University Benefits You Will Lose in Retirement?
Universities offer some of the most generous benefits available, but we often see four common mistakes in the ways university professionals use their benefits. These include no plan for a loss of benefits in retirement, not using or maximizing supplemental plans, lack of insurance coverage, and not saving for health expenses. An independent review of your benefits package can help identify any gaps in your planning.
Got three minutes? That’s all it takes to get an objective and wide-ranging audit of your financial situation. Our educational financial health assessment helps you prioritize the areas that need attention so you can create a plan of action. With the click of your mouse, you’ll learn potential financial strategies, identify needless risk, and capitalize on available opportunities to closely align your actions with your retirement goals.
You’ve worked hard to build your nest egg using your university retirement plan. Don’t let unnecessary risk scramble your future! In this video, we explain some of the common pitfalls that can increase the level of risk in your retirement portfolio.
During the transition from university employment to retirement, you leave the benefits "umbrella" that university employment provides. Learn how to replace four important benefits you will lose when you retire from the university.
In our experience working with the university community, we’ve noticed six retirement-related mistakes that higher-education professionals often make. It’s best to address these mistakes now, rather than after you leave the university’s safety net of salary and valuable benefits.