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[quote=Anonymous][quote=Anonymous]I’m 48 single F trying ti catch up on 401k and taxable savings. Currently on Cobra after the job loss. I live on rental income which covers my living expenses but not able to save much. Ideally, I want to create a $2m 401k as an extra cushion or need to earn a pension somewhere.

I read about teachers pensions and health benefits but is it worth it from financial standpoint ? I do have a grad degree and could get a job in my sector for $120k or try teaching path for the pension and health benefits.

What could be my starting salary as a teacher and when my pension would become vested ? Is it really worth it vs just seeking a job in my own sector if I plan to work for 7 more years max ?

Thanks all for your suggestions ![/quote]

No, it isn’t worth it, especially if you only plan to work for another 7 years.

Starting salary, depending on district, may be around $65K. In my district, you’re vested at 8 years. And typically you can expect to work A LOT more than 40 hours a week, especially at the start of our career. So from a cost/benefit analysis, I say don’t do it. [/quote]

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