Bencor DROP Support Blog

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Retirement marks the culmination of a career dedicated to shaping young minds and fostering the leaders of tomorrow. However, for many retired

Retirement marks a significant milestone in life, offering the promise of leisure, exploration, and pursuing long-awaited passions. However, to fully embrace the

Retirement marks the culmination of a lifetime of hard work and saving, but it also signals a shift in financial planning priorities.

A Happy Retirement is About More Than Financial Security Retirement marks a significant transition in life, offering newfound freedom and opportunities for

Retirement planning presents unique challenges for women, influenced by factors such as longer life expectancy, lower lifetime earnings, and diverse marital statuses,

Insights to Help You Optimize These Retirement Income Streams Reaching retirement is a milestone to be celebrated and enjoyed. However, before you

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As a Florida educator nearing retirement, you’re likely familiar with the Deferred Retirement Option Program (DROP) and its role in your retirement

Navigating Your DROP Timeline with BENCOR: Expert Guidance for Florida Educators Are you a Florida educator navigating the complexities of retirement planning?

Welcome to your introduction to DROP! The Deferred Retirement Option Program (DROP) is a critical element of the Florida Retirement System (FRS)

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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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