A vital resource for Missouri educators planning for their future, this tool provides an estimate of potential retirement benefits. It allows members of the Public School Retirement System of Missouri (PSRS) to input their personal data, such as years of service, salary history, and retirement age, to project their monthly retirement income.
Planning for retirement requires careful consideration of future financial needs. This instrument offers a significant advantage by allowing educators to model different retirement scenarios. By understanding the potential impact of various factors on retirement income, individuals can make informed decisions about their careers, savings, and retirement dates. The availability of such a planning aid represents a proactive effort to support educators in securing their financial well-being during retirement.
