When you move from school to school, country to country, there’s no district office to tie a career in International Education into a sponsored retirement plan. If, for conversation’s sake, individual International Schools did offer retirement plans, how would it realistically work to have a small pension set up for you in 4 or 5 foreign counties, depending on how much you moved around?
Retirement after a career in International Education will be what each of us creates for ourselves. The best advice is: “Make a plan, start early & diversify.” Volatile markets, unforeseen global events & worldwide pandemics, as recently witnessed, can put a serious crease in the best-laid plans. The more financial irons in the fire, the more secure your plan will be. At least that’s what we hear from the economic gurus of our day.
ISR asks: What do YOU consider your retirement goal to be? What are you currently doing or plan to do to meet that goal? Naturally, goals will differ depending on what age you are now & what age you’d like to be when retiring, your current & future financial responsibilities, where in the world you plan to retire, & how extravagantly you’d like to live — a beer & bread budget or a caviar & champagne budget? Sharing plans, ideas & concerns, we can help each other to make informed, forward-thinking decisions on this important topic. We hope you’ll join in the conversation!
Please scroll down to participate in this ISR Discussion