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Teacher Stories

Alison, age 34

Photo of Alison

Alison is an 11th and 12th grade U.S. History, and AP Microeconomics teacher. She enjoys interacting with students, and challenging them. The hardest part of her job is the workload, and all of the micromanagement required.

We asked Alison some questions about what she knows or wants to know about the 403(b) and saving for retirement, and this is what she said.

On a scale of 1 to 10, with 10 being total understanding, how well do you understand saving for retirement? Why did you pick this number?

I picked 1 because I need to learn more about saving for the future.

What is your biggest money worry?

Not having enough saved to enjoy retirement.

Do you have a 403(b)? If yes, are you satisfied with your investment? If you do not have a 403(b), why not?

I have a 403(b) with Empower. On a scale of 1 to 10, my satisfaction with my 403(b) plan is 6. If I could change anything about my plan, I need to learn more about costs/fees. I am not sure if I am paying too much and I don't know how to change it if I do.

What prompted you to start a 403(b)?

I thought it would be good to have the savings.

Did you ever hear about the 403(b) in your teacher preparation program?


Do you know what a fiduciary financial advisor is? If yes, how would you describe a fiduciary to a colleague?

Yes. Someone who helps you plan for retirement and puts your interest above theirs. Note: Learn more about Working with an Advisor.

If you could ask a financial advisor one question what would it be?

How should I plan my investments for retirement?

Anything else you would like to share with us?

I know I need to learn more about saving and investing.

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