We may not know exactly what happens to us when we die, but one thing is for sure: we can be certain who will receive our money once we're gone.
We’ve all heard it. “You need to save this much of your salary, you need to have a million dollars saved before you can retire”, so on and so on. I’m here to tell you there is NO exact science to financial planning because most of our financial plans depend on how long we are going to live. Unless someone has invented a time machine and I am unaware of it, no one can accurately predict how long we are going to live.
One of the greatest misconceptions when it comes to your LAGERS benefit is that in order to be eligible for a monthly benefit, you must stay with your employer until you retire. The truth is, your benefit is more portable than you may think, and regardless of whether you plan to be a career-long local government employee in Missouri, or if you have plans to move on in the future, you have lots of different options when it comes to taking your LAGERS benefit with you!
Wondering what you'll do in retirement? With LAGERS lifetime benefit, you'll have the foundation to dream big and live a stable, secure retirement. And perhaps have some fun along the way! One of our retirees, Dixie Gunnett, sent us some pictures of what retirement is like for her. She's been retired from Jefferson County Sheriff's Office since September of 2014 and has been busy living out the next chapter of her life her way. Here's her story in her own words, and pictures.
This week is Public Service Recognition Week, and what better way to celebrate than to highlight a couple of our members that work at one of our newest employers, Daniel Boone Regional Library.
Pre-Retirement Seminar season 2019 is well underway here at LAGERS. We're traveling the state, coming to your area to educate and inform you on the process of retiring and receiving your LAGERS benefit. If you are within 5 years of retirement, we recommend you attend at least one before retirement rolls around. We asked those who attended our seminars how we did, and we came up with 3 reasons why you should attend a Pre-Retirement Seminar.