How To Retire From Teaching
Need to know how to retire from teaching? The decision to retire from teaching is a difficult one that every educator must make at some point in their career. Like retiring from any profession, there are certain protocols that must be followed to ensure a a successful retirement from teaching. Here's how you do it.
- Preparation. It is crucial that a teacher prepares to retire. Finances are the main thing to pay attention to. Get your 401K, Roth, mutual funds, stocks, savings, and other money market accounts properly funded. Pay off high interest credit cards, car loans, and other random bills. If applicable, find out about student loan forgiveness criteria for teachers at the national, state, and local levels. Finally, settle upon a tentative retirement date and stick with it.
- Follow your school's procedure. It is imperative that the proper protocols are taken to ensure a smooth retirement from teaching. Inform the administration of your decision months in advance so that a proper replacement can be found before your departure. Fill out any forms and have them checked to comply with your paperwork.
- Finish your job. Finish all of your started tasks in the best way possible. Also, plan to leave after the conclusion of the school year. In this way, faculty, administration, and students will be assured that no unnecessary interruption will take place. It's important to take pride in your work until the very end.
- Inform others. This is not a necessity, but a myriad of teachers do it to bring closure to their careers. Sometimes fellow faculty members or students will throw a retirement party as a way to give a proper goodbye to retiring teachers. It's an excellent way to say goodbye to all your favorite administrators, faculty, and students.