Retirement Planning – Teacher Retirement in US

There are several teacher retirement schemes in US for retired teachers. Teachers Retirement System of Oklahoma tries to offer good post-retirement benefits to its members. Teachers Retirement Association (TRA) in Minnesota is the statewide public pension funds in Minnesota, United States.

Retirement is the most important stage of your life. It is the period when you can spend most of your time with your friends and family. In order to reap the good benefits of post retirement period,Guest Posting you must plan your retirement well in advance. A good retirement planning, on one hand makes you financially stable in your future days, and on the other hand, it also makes your life convenient once you retire from your teacher job in US.

The teacher retirement planning tips in US will enable you to deal with the post retirement situations effectively. Firstly, you must try to save your money without spending it on unnecessary items. Always try to maintain a record of your daily expenses. If you find that your savings surpass your budget then it is always advisable to cut down your expenses. Always try to maintain an emergency fund, as it will help you to deal with emergency circumstances. The key to a comfortable retirement is to save early even if it is a small amount, but make it a point to save on a regular basis.

In order to make your post-retirement days more stable, you need to choose the right retirement account for you. You can open a 401 k account or an IRA account. IRA account like Roth IRA accounts and traditional IRA accounts are suitable for the retired teachers. If you have an idea about the stock market then you can always invest in shares. If you are going to choose an investment plan, then it is always better to consult the professionals before you make the investment.

There are also several teacher retirement schemes in US for retired teachers. Teachers Retirement System of Oklahoma tries to offer good post-retirement benefits to its members. Teachers Retirement Association (TRA) in Minnesota is the statewide public pension funds in Minnesota, United States. This association offers pension funds benefits to public school teachers as well as to the college faculties of Minnesota. Teachers Retirement Association also extends its services to the administrators and beneficiaries.

The Arkansas Teacher Retirement System (ATRS) also provides retirement benefits to the retired teachers. This system offers its services to the employees of educational institutions and public schools of Arkansas. ATRS is expert in handling pension fund. Its aim is to offer excellent service to its members and stakeholders including active and retired members.

The Ohio Public Employees Retirement System is another popular retirement system in United States. This Retirement System makes $50 million investment. It mainly invests in private-equity funds and focus on businesses in Ohio. This pension fund is managed by Credit Suisse First Boston

Other popular Teacher Retirement systems in US include California State Retirement System, Teacher’s Retirement System of the city of New York and Massachusetts Teacher’s Retirement Board. The retirement system in US provides teachers with retirement benefits and offers death benefit services.

Choose the right Teacher Retirement plan in US to make your post-retirement days financially safe and enjoy your future days to its fullest.

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All about Mutual Funds – How does Mutual Fund work

Mutual Funds collect or pool money from investors. This money put together is then invested. Through this article, let’s learn more about mutual funds for beginners…

Investors are looking for avenues that help them grow their money and achieve their financial goals. Investing in stock markets is one such avenue that can help investors grow their money over the long term. But investing in the stock market may not be easy for the first-time investor. Mutual Fund investments on the other hand simplify the process of investing in a pool of diversified stocks,Guest Posting thus taking the hassle out of stock selection for beginners by allowing them to invest in mutual funds.

The meaning of mutual funds is that it is a financial instrument that essentially collects money from investors and puts them in a basket of diversified securities. Let’s understand more about mutual funds and its types.

Types of Mutual Funds

There are three types of mutual funds classified based on their underlying assets. These include:

Equity Mutual Funds: Equity Mutual Fund is a type of mutual fund that invests in stocks that have the potential to grow and generate wealth over the long term. These funds can, in turn, be classified based on market capitalization, i.e. Large cap, Midcap and Small-cap. It can also be classified based on a theme or a sector such as healthcare or IT. Investors can choose equity funds based on their investment horizon and their financial goal.

Debt Mutual Funds: Debt Mutual Fund is a type of mutual fund that invests in fixed income securities issued by the Government or corporates. These include treasury bills, certificates of deposit, debentures, corporate bonds, etc. These can be classified based on their duration (short-term or Long Term Debt Funds called Gilt Funds).

Hybrid Mutual Funds: This is a type of mutual fund that invests in debt, equity-related instruments and gold or other commodity. The objective of this fund is to balance the risk-reward potential for its investors. The equity component enables capital appreciation thereby generating wealth for investors while the debt component acts as a portfolio diversifier and diversify the impact of volatility.
Five Features of Mutual Funds

These are the five features of mutual funds:

Mutual Funds are managed by professional fund managers.
Mutual Funds can be open-ended or close-ended.
Mutual Fund diversifies investor’s money by investing across asset classes
It offers different options according to the investor’s goals, duration, or risk profile
Mutual funds guarantee no fixed returns
Advantages of Mutual Funds

These are the five key advantages of mutual funds:

Liquidity – One of the key benefits about mutual funds is that it offers liquidity and can be redeemed completely or partially and at the prevailing NAV (net asset value).
Transparency: Investors can be at ease about mutual funds since they are regulated by the Security and Exchange Board of India (SEBI) and allows them to track and monitor their mutual fund performance.
Diversification: Mutual funds invest in different stocks and multiple securities, thereby offering diversification and reducing the downside risk of investing in just one stock. A typical equity fund could hold about 35-60 stocks.
Suitable for any wallet size: The good thing about Mutual Fund Investment is that it can be started using a monthly SIP (Systematic Investment Plan) as low as Rs. 500.
Professional Fund Management: Mutual funds are managed by qualified fund managers allowing you convenience and ease of investing.
Thus. mutual funds with the plethora of options and benefits make it a preferred choice for investors. It can help investors achieve their long-term and short -term objectives. Before investing, it is however important to know more about the mutual fund through its scheme information document (SID).

Disclaimer: The views expressed here in this Article / Video are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The Article / Video has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of the Article / Video should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. None of the Quantum Advisors, Quantum AMC, Quantum Trustee or Quantum Mutual Fund, their Affiliates or Representative shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary losses or damages including lost profits arising in any way on account of any action taken basis the data / information / views provided in the Article / video.

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