Bencor DROP Support Blog

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As retired Florida educators embrace the convenience of online banking and shopping, it’s essential to prioritize cybersecurity to safeguard personal and financial

In retirement, maintaining good health is essential for enjoying life to the fullest. Fortunately, advancements in technology have revolutionized how retirees can

Don’t ‘Set and Forget’ Your Retirement Plan As the midpoint of the year approaches, it’s an opportune time for educators to conduct

Critical Considerations for this Challenging Life Transition Whether you’ve been anticipating it for years, find yourself completely blindsided, or you’re somewhere in

Make the Most of Your Transition to a Child-Free Home After spending decades caring for children, it can be quite the adjustment

Avoid These Missteps and Get on the Path Toward Building True Wealth Having a high income can certainly make you feel wealthy.

MORE ARTICLES

Choosing to Leave an Inheritance Can Impact Many Other Financial Planning Decisions If you have worked hard and planned properly, you may

Let BENCOR DROP Support Help You Make Critical Financial Decisions For educators enrolled in the Deferred Retirement Option Program (DROP), the decision

As educators participating in the Deferred Retirement Option Program (DROP) enter a new calendar year, it’s a smart time to assess whether

Finding a Balance That Gives You Retirement Security As a Florida educator, planning for retirement is a significant milestone, but it’s often

Take Care of Loved Ones and Be Sure Your Wishes Are Met As Florida educators approach retirement, they often focus on maximizing

For teachers and retired educators, financial planning is not just about managing money—it’s about crafting a secure and fulfilling future. With careful

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The Importance of Designating Beneficiaries

When life gets hectic and your to-do list seems endless, it can be easy to let financial planning details slip through the cracks. However, updates to your designated beneficiaries on 401(k) plans, IRA accounts, and other retirement assets is vitally important.

What to Consider in Your Charitable Giving Plan

Congratulations! You’ve decided to give to a charitable organization. Charitable giving is a wonderful way to help further causes you are passionate about and feel good while doing it.

Managing Inflation

Managing Inflation in Retirement

You may have noticed that the things you buy regularly have become more costly, and you may be pondering if inflation will stay high. For individuals close to retirement or already retired, it is essential to take measures to protect themselves from the eroding effects of inflation.

BencorDROP Support - Making the Transition to Retired Lif

Making the Transition to Retired Life

After all your years of hard work and disciplined saving, you’ve made it to retirement – congratulations! Now, the challenge becomes tackling common retirement transition concerns so that you can live out the ideal retirement you’ve dreamed of.

The Fundamentals of Estate Planning

Estate planning can be an emotional process. After all, it’s difficult to think about things like who will raise your children, or which loved one will best manage your financial assets. Estate planning is necessary, however, because without a will, your estate may end up in court. This means it could be divvied up based on a judge’s ruling, rather than on your personal wishes.

Addressing Market Volatility in Today's World

Planning for retirement is never a “set it and forget it” task. There are unexpected disasters, market drops, and changing laws that could cause retirees to reevaluate their financial situation. Ultimately, there’s no way to predict everything that will cause market downturns. However, you can prepare yourself for one by having a solid financial strategy in place.

A Teacher's Lesson Plan to Retirement

A Teacher's Lesson Plan for Retirement

Teacher’s Retirement Prep: BENCOR guides you through FRS, DROP, Social Security strategies, and more. Let’s plan your retirement lessons!

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