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Pension vs. Investment: Which Should You Choose?
Manage episode 451064742 series 2120250
Retirement planning can be confusing and filled with misinformation. How can you ensure you're making the best choices for your future?
In this episode, John Curry and April Schoen, tackle the common questions and misconceptions about the Florida Retirement System (FRS) that many employees face.
You’ll discover…
- A surprising truth about why some employees might opt for the Investment Plan over the Pension Plan.
- The critical differences in vesting periods that could impact your retirement plans.
- Why understanding pension options is pivotal to avoid costly consequences.
- Essential steps for coordinating your pension, Social Security, and other financial resources.
- How to navigate the complexities of the DROP program for a more powerful retirement strategy.
110 episodes
Manage episode 451064742 series 2120250
Retirement planning can be confusing and filled with misinformation. How can you ensure you're making the best choices for your future?
In this episode, John Curry and April Schoen, tackle the common questions and misconceptions about the Florida Retirement System (FRS) that many employees face.
You’ll discover…
- A surprising truth about why some employees might opt for the Investment Plan over the Pension Plan.
- The critical differences in vesting periods that could impact your retirement plans.
- Why understanding pension options is pivotal to avoid costly consequences.
- Essential steps for coordinating your pension, Social Security, and other financial resources.
- How to navigate the complexities of the DROP program for a more powerful retirement strategy.
110 episodes
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