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ERIC Number: EJ861813
Record Type: Journal
Publication Date: 2009
Pages: 3
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-0190-2946
Retiring in a Time of Economic Uncertainty
Murphy, Carole H.
Academe, v95 n5 p36-38 Sep-Oct 2009
About 25 percent of faculty working in the United States will reportedly consider retiring in the next five to seven years. As one of this 25 percent, the author has been researching what she needs to know to retire. What she found initially was a lot of misinformation. To complicate matters, the world has changed over the past year, causing those teachers who are thinking about retirement to be very apprehensive. In this article, the author offers a strategy she developed that works for her and may help other faculty members who are retiring in a time of economic uncertainty. The author discusses how to make informed decisions about retirement and describes information she compiled from her financial services consultant, the Social Security Administration, the AARP, a university human resources officer, and representatives from the Texas state retirement system. The author selected a specific state as an example to describe an actual retirement system. State systems may, however, vary, and the information from Texas is meant as a general guideline. (Contains 2 footnotes.)
American Association of University Professors. 1012 Fourteenth Street NW Suite 500, Washington, DC 20005. Tel: 800-424-2973; Tel: 202-737-5900; Fax: 202-737-5526; e-mail: academe@aaup.org; Web site: http://www.aaup.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Missouri; Texas; United States
Identifiers - Laws, Policies, & Programs: Social Security