Pacific United Planning, Inc. | Teachers / Professors
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Teachers / Professors

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27 May How to calculate your CalSTRS retirement benefits

How to Calculate Your CalSTRS retirement benefits   If you ask a California public school teacher what CalSTRS is, they’ll likely respond that it has something to do with their retirement. But for many, that’s as much as they know. In fact, a lot of teachers that I work with have never calculated how much they’re expected to receive from their CalSTRS pension when they retire. Nor do they know when is a good age to retire to maximize their benefits. Why worry about CalSTRS now? As appealing as it may sound now to postpone the retirement discussion, it’s not necessarily in your best...

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Jar with note that says we've got kids to teach & lots & lots of student debt

10 May Student loan forgiveness for teachers

Student Loan Forgiveness for Teachers   If I were to ask you what your favorite class in high school or college was, you’ll likely recall the teacher more than the class. Teachers have an undeniable influence on education, but higher education isn’t always so kind to our future teachers. With student loans averaging in the tens of thousands of dollars, and average teacher salaries in California starting at around $40,000, it isn’t hard to see that student loans are a major obstacle to overcome. Thankfully, there are student loan forgiveness programs for educators. Keep in mind that these are for federal student loans, not...

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