Preparing for Retirement

Preparing for Retirement as an Educator

60-minute Session Participant Edition

At the conclusion of this professional teaching and learning workshop, participants will be able to: • Better understand how to prepare for retirement as an educator.

Materials you will need: •

Access to: www.wooclap.com

•

Duration

What

Who

Description

Start 5

Welcome and intro

Rod

Introductions

5

Engage

Rod

What are you most excited about when you think about retirement? What are you most concerned about when you think about retiring? Enter answers on wooclap

wooclap

5

Explore I

Rod

Benefits of public-school employees? Share thoughts from participants.

10

Elaborate

Rod

Explore Tier 1 & Tier 2 Insurance No state tax in Illinois What is your pension worth in $$? Calculator Windfall Elimination Provision and Social Security Fairness Act

5

Explore II

Rod

What do you want to do in retirement?

10

Elaborate

Rod

What type of funds will you need to support your retirement goals? Listen to interview with Mick Aten Preparing yourself for retirement. What are your goals? Revisit your saving plan. As you approach retirement set up meeting with TRS

5

Explore III

Rod

10

Elaborate Evaluate

Rod Rod

Q&A

5

Share with group what your biggest take away was from today’s session.