Get out of Retirement Detention

Get Out of Retirement Detention

For Educator's in Texas, their retirement years will makeup as much as 30 or more years. The majority of Educators have not calculated whether they will have adequate income for their retirement, nor do they know how to do the calculation. Educators under the TRS Retirement Plan, usually don't find out until after their retirement that the TRS Plan is a Defined Benefits Plan and does not have a COLA like Social Security. This means their Standard annuity income check is losing 3% a year.

FeDeK-12- Educators- Full College Level Course on Retirement- called, "Retiring Easy."

The FeDeK-12- "Retiring Easy," course prepares you for the transition into retirement. Through this course, you will be able to: Identify with your values, and set retirement goals; learn how inflation will affect your retirement income; understand investments; and develop your own retirement plan. Come prepared, January 25, 2014, at Embassy Suites "Conference Center"- in San Marcos, Texas, from 9:00 am - 12:30 pm. 
This is a three and a half hour long class that will help improve the longevity of your retirement plan. Included, in the Educator Package: Workbook (Over 150 pages) for retention Financial Easy Software Money management program. Class will begin at 9:00 am to 12:30pm, however, registration, workbook and software pick up are from 8:00 am- 9:00am. A step-by-step instruction on what the total amount of income and assets you will need to retire with ease; and saving thousands of dollars from taxes, earning, and interest. Take the course and with the savings and earnings that you learned from the course-- go to the San Marcos Premium Outlet mall-- where you can shop till you drop!

Registration and Agenda Info Click Here.

Click Here for 5 Page Color Brochure

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Want to know the three stages of retirement planning? Find out here!

Three Phases of Retirement Planning

A comfortable retirement is the reward for saving, managing assets and preparing during your working lifetime. It is about doing things you like and the ability to spend time with family, traveling, making a difference in your community by doing volunteer work, or even beginning a new career without the concern for the pay. In essence, it's about options with your life, and it is money that give you those options. 

To prepare for successful and comfortable retirement filled with options, it is important to understand and implement the basic retirement planning techniques found in the Three Phases of Retirement. 

1. Accumulation

2. Asset Management 

3. Distribution 

One: Accumulation 

A successful retirement plan begins with a commitment to start saving for retirement. If you begin young, time is on your side and even small amounts invested regularly can make a big difference. 

Two: Asset Management 

Once you have accumulated retirement assets, it is essential that you invest and manage your assets for optimum performance. 

Three: Distribution

Upon reaching retirement, comes the time of utilizing the assets you have accumulated and managed over the years. Care must be taken to maximize your return, minimize your risk and navigate the complex retirement distribution tax regulations. 


Professional Services 

• Retirement Planning
• Retirement Plan Distribution
• Financial Planning 
• Asset Management 
• Estate Transfer
• Investments
• Risk Management 
• Insurance
• Education Funding 

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Teachers TRS and Social Security benefits

Faculty, Teachers, Administrators, Staff, Employees finding out about your retirement plan 

What's the best way to figure out what amount of income you will need for retirement? 

All you have to do is go back to your first year in the public school system in Texas, and write down what your annual salary was. Then try to figure what your salary was every year or maybe every five years to the present. 

For instance, if you made $34,000-50,000 dollars your first five years in public education, that is what you should project for retirement. This will take Maintaining the same level of income throughout your retirement will take some work and saving to do. 

Inflation or the cost of living is a major risk in retirement, and if you can remember you probably received salary increases while you were working. These salary increases were there to keep up with the increases at the grocery store, and all the rest of the purchases you and your family made. 

     In Texas, educators-teachers are under the TRS retirement system and for about 90% of all school districts, there is no Social Security. In a nutshell, the TRS is a Defined Benefit Plan retirement system, which means when you retire and whatever option is elected, the monthly retirement income amount, stays the same. 

IN FACT, it is guaranteed to stay the same. But "COLA" is not there and for many educators they find this out after they retire, which is not the time to find out. Most if not all Fortune 100 Corporations use to have the same type of retirement plan, 30 years ago. However, they all changed to the Defined Contributions Plan, because they saw that the other retirement plan would not work for employees. 

And if that wasn't enough, school officials and educators said 40 years ago, that since they had the TRS retirement system, that they didn't need social security. Instead they could contribute to their own private retirement plan (403b) and make more earnings and a larger retirement income than Social Security. Yes! that was possible, except that it was optional, and not mandatory like Social Security -- "forced savings." 

Many educators did start to save into their private retirement plan, but Texas salaries to teachers don't leave much room for savings. 

And if the two decisions for educators retirement plan wasn't enough pain, the US Government and Social Security Administration put in an automatic "cost of living adjustment (COLA) into Social Security. Since salaries and years of service are the parts of the TRS retirement formula, the first few years of the TRS retirement look alright, but after that educators suffered at least an average of 3% loss to inflation every year. With the increase in longevity for all Americans it can be a very long and hard retirement lifestyle to live on. 

THE BEST OPTION that a educator can implement as early as possible is to work on the goal of saving around 

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Award Winning Author to Present Teacher Retirement Workshops

San Antonio, Texas, March 5, 2012 - Ruben Ruiz, award-winning author, educator advisor and president of The Ruiz Financial Group LLC and Money Concepts, will be presenting workshops for teachers and administrators who are grandfathered under the Teacher Retirement System or planning to retire within the next 3 years. It is also for those who were planning to retire but found out about “The Truth in Retirement” and will have to work for a few more years.

The major topics of concern for teachers are the financial condition of the TRS pension plan, how TRS retirement payments are calculated, options for beneficiaries, Social Security and private retirement plans like 403(b) and individual retirement accounts.

Many school districts are trying to help their “grandfathered” TRS members retiring this year because of the current crisis in the Texas Education Funding. The workshop will address TRS members that are “grandfathered” by age or years of service.

“For many educators, retirement is right around the corner, maybe even this year or the next,” Ruiz said. “The biggest problem for retirees is not investing time to be fully aware of their retirement options and just doing ‘good planning’.”

Mr. Ruiz has been practicing as a financial advisor for over 30 years and has been working with educators and teachers for 20 years.

Each seminar can have a maximum of thirty participants and each seminar date and location is spread out to cover almost every school district in San Antonio.

Agenda Seminar

•  Retirement is not what you think it is.
•  TRS options for the rest of your life.
•  Income reduction in retirement.
•  Health insurance and taxes in retirements.
•  Cash flow money management.

The following is the Spring Schedule of the Educator Retirement Planning Seminars:

St. Phillip College
1801 MLK Dr.
San Antonio, TX 78203
Center for Health Professions Building
Room 120 – (CHP 120)
Saturday, March 17th, 9:00 a.m.
Saturday, April 14th, 9:00 a.m.

Palo Alto College
1400 N. Villaret Blvd.
San Antonio, TX 78204
Brazos Hall, Room 200
Tuesday, March 20th, 5:00 p.m.
Thursday, April 12th, 5:00 p.m.
Thursday, May 3rd, 5:00 p.m.
Saturday, May 12th, 9:00 a.m.

Northwest Vista College
3535 N. Ellison Dr.
San Antonio, TX 78251
Pecan Hall, Room 114
Tuesday, March 27th, 5:00 p.m.
Tuesday, May 15th, 5:00 p.m.

Each seminar lasts about one hour, plus Q&A from the audience.
There is a maximum of 30 registrations per seminar. Please RSVP to priscillahurst@grandecom.net. If you have any questions call Priscilla Hurst at 1 (800) 818-0484.

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