The Voluntary Retirement Plan Checklist for Higher Education

Author: Natalie Pine

If your university has offered you a Voluntary Separation Package (VSP), you have a lot to consider. As a firm specializing in helping professors and higher education administrators, we have helped many people navigate these early retirement decisions. We’ve created the following checklist so you can get prepared and avoid common mistakes.

Our best piece of advice? Get organized, then focus on tax planning. Some strategies can help you stretch your payout further, but these require time to put in place. (These strategies were discussed in our previous article.)

VSP Preparation Checklist

Bottom line, you’ve got one shot to do this right. Too many people don’t get professional advice, then leave money on the table. Take your time, do your research, and you can be rewarded with more financial security now and down the road.

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Anyone can cease working, but those who retire successfully have a map and plan. Briaud is your mentor and counselor. So that you too may have a reliable guide, connect today with our financial advisory team.