Financial Planner for Educators & Teachers

Real Financial Planning and

Advice for Educators

Real Financial Planning and

Advice for Educators

Building the Future for Educators... Together

Strateon Intelligent Wealth works with education professionals of all types – public school teachers, private school teachers, university professors, school staff, and more – to provide a transparent and prudent approach to managing your financial affairs with a plan that is custom-tailored to you.

Educators face

Unique Challenges during

Their Careers and Lives

Educators face

Unique Challenges during

Their Careers and Lives

Choosing Your Financial Planner

Choosing Your
Financial Planner

As an educator, you can benefit greatly by working with a financial planner for who specializes in understanding the unique financial planning challenges and opportunities common among teachers and education professionals. It's important to hire a financial planner who truly understands your individual needs and is committed to helping people just like you.

Below are just some of the unique challenges that education professionals face, and that Strateon Intelligent Wealth is here to help with.

Living Well

Your income is determined by your education level, years of experience, the location of your school, and whether your school is public or private, as well as extracurricular activities and other work you may do such as teaching summer school or tutoring. Unlike many other careers, opportunities for promotion, growth, and increases in salary may be limited. You can certainly lead a comfortable lifestyle, but that requires figuring our financial priorities and budgeting, and of course having a comprehensive financial plan so you can make sure you can achieve your goals.

Repaying Educator Student Loans

Repaying Educator
Student Loans

For many teaching jobs you need a bachelor's degree. Advancing in a career in education may require a graduate degree, or even a doctorate may be necessary. That may result in you finding yourself with a high student loan debt. Fortunately, there are programs and solutions to that problem that an informed financial planner can help guide you through to making paying off your debt easier.

Unique Employee Benefits

Most educators receive certain benefits that are different than those of professionals in other fields. There may be opportunities to cash in on a number of teaching grants. Defined-benefit pension plans can be a valuable tool to help you reach your retirement planning goals. And you may receive health insurance benefits before and during retirement.

If you’re a public school teacher, there’s a good chance you’re a member of a teachers union like the National Education Association or the American Federation of Teachers. Your union works with your school district to negotiate your salary and benefits.

A financial advisor can help you ensure you take full advantage of your benefits. Here are a few questions they may help you answer.

Saving for Retirement

If you work in a public school, you may be able to take advantage of a defined benefit pension plan, which promises a specific cash payout when you retire or monthly payments that would continue for the rest of your life. Rather than investment returns, this type of plan uses a formula to figure out how much you’ll receive based on how much you're expected to work. Therefore, the amount you collect will depend on how much you work over the years, how you salary changes, and when you decide to retire.

If you're not in a union and don't have a pension, you’ll need to deduct money from every paycheck so that you can invest in a 401(k) or 403(b) and other retirement accounts.

When you partner with a financial planner, you’ll work together to design a strategy to help you retire when and how you’d like to.

Expenses and Deductions

As an educator, you may be able to deduct unreimbursed school, trade, or business expenses on your tax return. There may be additional tax credits and deductions that you may qualify for if you're an additional degree or enrolled in courses to improve your skills.

Securing a Financial Future

Even if you qualify for a pension, you’re not guaranteed financial security. There are many steps you need to take to achieve your goals and live a life of happiness that’s free of financial worry and uncertainty. Financial planning is essential for leading the life of your dreams today, tomorrow, and years down the road.

Strateon Intelligent Wealth Knows

What's Important to You

Strateon Intelligent Wealth Knows

What's Important to You

Are You Asking Yourself Any of These Questions?

How much should I have saved today in order to retire comfortably at my desired retirement age?

If I don’t have enough saved today, what steps can I take to get back on track?

How can I ensure my finances are in good shape in the summer and other times when I’m off?

How much of my income should I invest in each of the retirement and savings plans available through my school district, university, or state to maximize my benefits?

How much do I need to save to meet my preferred retirement lifestyle?

How can I make the most of a defined benefit pension plan?

How should I save for retirement if I’m not eligible for a pension (or to supplement my pension)?

How can I reduce my tax liability as an educator?

Which federal and state deductions am I eligible for as an educator?

Should I take the standard deduction or itemize?