Gain Access To New York State Teacher Retirement
If you are a New York State teacher who is planning for retirement, consider yourself lucky. The New York State Teachers' Retirement System does a great job of making the process of understanding your retirement planning simple.
For example, the New York State Teachers' Retirement System offers planning seminars to help you get ready for retirement well before you retire. They offer teachers who are planning for their retirement access to a one-on-one consultation regardless of where they live -all across the state of New York.
More importantly, the New York State Teachers' Retirement System offers an online pension calculator and will prepare a draft statement of benefits for teachers who want to be more aware of what their retirement income will look like.
But even New York state teachers who are planning for retirement can benefit from taking a closer look at their retirement savings. After all, it's important for everyone to be able to look at the savings and investments they have made for their retirement to make sure that they are doing enough to reach the financial goals that they have set.
One tool that can be used by New York state teachers -and anyone else -planning for retirement is our free retirement calculator. When you download our free retirement calculator by clicking the blue button at the bottom of this page, you will be able to take a much closer look at all of your retirement savings and investment accounts.
With our retirement calculator, you can look closely at the way your retirement savings and investment accounts have performed over time. You'll be able to look also at projections for how all of your savings and investments will perform over the next 25 years.
The values that you will get when you look at those projections will take into consideration interest rate changes and the affects of inflation on the income that you will have available to you when you retire. In addition, you'll be able to look at other changes that can be made to your savings and investments to see how they will affect your retirement savings.
For example, if you think that you might need to make a withdrawal from your retirement savings so that you can pay medical expenses, your child's tuition or the down payment on a new home, you will be able to see how that withdrawal will affect your income -both now and after you retire.
You'll also be able to look at the way stocks, bonds and mutual funds that you are considering investing in have performed and will perform. You'll be able to spot a bad choice before you make it. You'll be able to feel even better about making a good decision.
But whether the changes you're thinking of making will have a positive impact or not, you will be able to ask questions about them and get advice from a retirement professional. When you download our retirement calculator, we know that you're serious about making your retirement savings work for you -and we want to help.
That's why, when you download our calculator, you'll also receive a free consultation with a financial advisor. Get answers to all of your questions and get the advice that you need -advice that might not be as available through the New York State Teachers' Retirement System.
Make sure that all of your retirement goals will be achieved. Just as you encourage your students to do, do your homework. Understand your savings and investments and how they will work for you. Just click the blue button below to download our free retirement calculator. You just might find it's the best study aid you've ever used.