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Will My 403B Get Me Through Retirement?

The biggest misconception from the standpoint of educators is they have this retirement package called a 403B. In everyday terms, it’s a 401K, it’s just for educators. The city or the charter school does not contribute to this. And therefore, they think that it’s really good for retirement. But really, all it is is a glorified savings package that doesn’t really take care of you in retirement. It’s just a savings vessel and it doesn’t avoid taxes. They don’t match. So, there’s better uses for that money for you in retirement DM me and we could talk about how to get out of one.

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