EP 09 Retirement Ready: Essential requirements for Teachers in T&T: Teachers Have Issues, Yes.

Whether you're counting down the days until retirement or just starting to think about life after the classroom, this video will provide valuable insights to make your transition smoother and more fulfilling. Tune in and embark on your next adventure with confidence, retiring teachers will get practical tips on how to make this transition smooth and rewarding.
I cover everything you need to know, including: Eligibility criteria for retirement, understanding your laws and NIS and required documents and paperwork.
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k18534.site.kiwanis.org/
pension calculator psatrinbagott.org/resources/p...
pension act of T&T rgd.legalaffairs.gov.tt/laws2...

Пікірлер: 3

  • @LanatheEducator
    @LanatheEducator2 ай бұрын

    pension calculator psatrinbagott.org/resources/pensions/

  • @lesterabbott6963
    @lesterabbott69632 ай бұрын

    In addition to Step 2 enroll in an additional pension plan at least 10 yrs prior to retirement. For examples RBL TISP, Mutal Fund, an Annuity Plan many insurance companies offers this. The goal is to contribute 15% of your gross monthly income per month. This might be difficult at the beginning but it’s an investment for your future. Starting at a low rate of 6 to 7% and increasing it to the targeted 15% is also an option, but do it. It’s the only way of achieving a descent, standard of living taken into consideration, inflation, and as was mentioned, future medical expenses. We are getting older.

  • @LanatheEducator

    @LanatheEducator

    2 ай бұрын

    Thanks for the solid advice and welcome suggestions, Lester. Proper retirement planning is crucial for our future. Thanks for being realistic and pointing out the initial challenges.