County Executive Patrick Brennan Announces Appointments

County Executive Patrick Brennan Announces Appointments
Friday Broome County Executive Pat Brennan promised a 2012 budget with no property tax hike. To get there, he wants an 8% workforce reduction achieved partly through a retirement incentive. Oh and by the way, Brennan wants to be the one administering that budget, so he is running in the special election. With the state strapped for cash, Brennan predicts the toughest budget process ever. “We’re …
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A Lesson Plan in Retirement: The Complete Guide to Retirement for Teachers, Professors, and State Retirement Participants

A Lesson Plan in Retirement was written to give teachers, and all those participating in their states retirement plan, a solid and easy to read manual for understanding and planning for their own retirement.

We discuss the four most common retirement accounts used by teachers today. They include the 403(b) of TSA, the 457 Deferred Compensation account, the Traditional IRA and the Roth IRA. We discuss the benefits, advantages and limitations of each of these types of accounts. We also discuss State Retirement systems and Social Security giving you a solid understanding of each potential source of retirement income.

A Lesson Plan in Retirement discusses some basics on investing including some useful strategies and concepts. These include Dollar Cost Averaging and asset allocation Time Value of Money and others. Don’t be fooled though, this is not another book on investing, it is very specific in covering the issues facing teachers today.

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