Investing Teacher Pension ?

[Franck Brichet]

Hi,

I was a 5th grade teacher for 11 years and have $47,000 saved up in the retirement system. I’m 40 years old and if leave it untouched I will be getting $10,000/year starting at 60 years old for the rest of my life.

I quit teaching a year ago and am now a full time realtor.

I’m considering taking out the $47K and investing it in real estate here in Kansas City, where I work and live.

I feel that I can make more by investing it myself rather than leaving it in the system but at the same time I don’t want to make a big mistake that I might regret down the road.

Any tips or advice on this?

Thanks in advance!

Franck