Financial Plans

What is a Financial Plan?

A financial plan is a comprehensive evaluation of your current and future financial state. It starts with where you are today and shows you exactly what you need to do today to reach your savings and retirement goals.

A Guide to Reaching Your Goals

Using your current income, expenses, debt, spending and saving habits, assets, and investments, a financial plan captures a holistic picture of your financial well-being. It shows you exactly how you are doing right now.

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What do you hope to achieve in your life? Do you want to eliminate debt, travel the world, or raise good people in a house you own? A financial plan outlines your goals and gives you a roadmap to reach them.

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No matter where you are, there are things you can do right now to start working towards your goals. From changing a daily spending habit to opening a new retirement account, a financial plan gives you actionable steps you can take today.

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OWLFA Financial Plans

Work with a professional who can assess your current financial situation, answer your specific teacher retirement questions, and create a personalized financial plan to help you reach your goals.

New Teachers

< 10 years in the classroom

  • Guidance on the typical retirement path for teachers

  • Comprehensive financial plan

  • Review of your financial plan with an adviser

  • Actionable steps to help you work towards your goals

  • Expert advice from a financial adviser on your TRS questions

  • Adviser support for additional concerns

$400/PLAN

Second Career Teachers

Became a teacher after another career

  • Insight on how social security and TRS will work in your situation

  • Comprehensive financial plan

  • Review of your financial plan with an adviser

  • Actionable steps to help you work towards your goals

  • Expert advice from a financial adviser on your TRS questions

  • Adviser support for additional concerns

$400/PLAN

Experienced Teachers

> 10 years in the classroom

  • Detailed information on your TRS retirement payout options

  • Comprehensive financial plan

  • Review of your financial plan with an adviser

  • Actionable steps to help you work towards your goals

  • Expert advice from a financial adviser on your TRS questions

  • Adviser support for additional concerns

$400/PLAN