Transitioning from University Employment to Retirement
Retiring from a University in the Next 10 Years?
How will you replace the university benefits you will lose in retirement? Have you considered how you will generate a tax-efficient, reliable retirement income stream? Our team has decades of experience helping university professionals transition from university employment to retirement.
A guidebook for designing your university retirement
We compiled the knowledge we’ve built over decades of working with the university community into a special educational guidebook for higher-education professionals. In it, we show you how to avoid common university retirement missteps, reveal benefits you will need to replace in retirement, and help provide insights on healthcare, Medicare, and estate planning.
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.
We have found much of the uncertainty of retirement falls into one of three categories: financial, family, and emotional. With these tips, we believe you will be better prepared to success fully adjust to the post-career phase.
A complex financial life leaves more room to miss key things, may needlessly enhance tax liability, and potentially leaves fewer assets behind for heirs. For those edging closer to retirement, the biggest questions are: How do I begin to simplify my financial life? What does simplification even look like?