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[quote=Anonymous][quote=Anonymous][quote=Anonymous]also, OP .. can you share what your tutoring business is?  How are you bringing in so much money?[/quote]

as a teacher myself I do not believe that number. Something is off here in many ways. Not going to bother to poke holes in this, but anyone who is  teacher in moco can figure it out.[/quote]

If she works for Fairfax County, at 30 years retirement, the VRS retirement system will pay you 30 x .0165 x (your final salary average)  and then the Supplemental System will pay you 30 x .008 x (your final salary average).

That boils down to [b]30 years x .0245[/b] x (your final salary average) which if my math is correct would be 73.5% of your family salary.

So it's optimistic that a teacher will make it to 30 years, but if she does, that part of the pension computation seems correct.

That's assuming she started teaching before 2010, which was 12 years ago..  OP says she is currently 33 so if she started teaching right out of college it would be true.

I can't tell from the Fairfax County pay scale where a teacher with 12 years experience would fall within the different steps, but with a MA degree a salary of $83,000 isn't impossible, especially as it seems OP is a striver.  Possibly OP also earned National Board Certification which brings an additional $2500 yearly I think.

https://www.fcps.edu/sites/default/files/media/pdf/FY22-teacher-194-day.pdf

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