This comprehensive session is recommended for employees within 5-10 years of retirement and covers the different retirement planning solutions available and the implications of the decisions employees make as they approach retirement. The session covers:
- The sources of retirement income available to public school employees including the Wisconsin Retirement System (WRS), Social Security, and personal savings.
- The various annuity options available from the Wisconsin Retirement System.
- Retirement timeline (including eligibility dates and requirements for WRS withdrawals, health insurance, etc.
- Personal savings withdrawal issues and tax implications.
- Common roadblocks to successful retirement planning.
- A pre-retirement checklist of important things to consider.
- Tools and solutions to help employees reach their retirement goals