Teachers Are Getting Schooled on Retirement
403(b) plans are failing teachers. A handful of advisors and technology companies want to undo the damage and bring low-cost fiduciary plans to K-12 educators.
In an article featured at WealthManagement.com, Lisa McEvoy, a teacher in the Shoreham-Wading River School District on Long Island, N.Y. shares her experience as a teacher planning for retirement - in addition to her mission to modernize the 403(b) and how teachers should get a second opinion on their financial plan so they can retire with confidence.
Learn more about how our trusted Peak financial planners guide teachers towards financial security.
Additional Supporting Articles:
SEC Probing in 403(b) Plans For Teachers
5 Mistakes Teachers Are Making With Their Retirement
EP 051: NYT: Think Your Retirement Plan is Bad? Talk to a Teacher
Financial Planning expert Nick Hopwood, CFP® and Jim Pilat, AIF® talk about the 403b investment landscape, focusing on a NYT article from a few years back. Fortunately we have arrangements with non-profit institutions such as Universities, school districts, and hospitals which all us to represent employees such as teachers, professors, doctors, and nurses with their 403b accounts at investment companies such as Fidelity and TIAA-CREF. If you're looking for a second opinion on your workplace 403b account, please give us a call at 734-681-7575.