Make the most of
your FRS
retirement.
Florida teachers:
Make the most of
your FRS
retirement.
Nicholson Wealth Partners helps Florida teachers make smart FRS retirement decisions, protect their spouse, prepare for long-term care, and leave money to their family.
Personalized FRS Retirement Planning
The Four Pension Choices Under the Florida Retirement System
Option 1 – Highest Monthly Income
This option provides the largest monthly benefit for your lifetime. However, when you pass away, the income stops. If there are any remaining employee contributions, they may be refunded to your beneficiary, but no additional pension value remains.
Option 2 – 10-Year Guaranteed Period
This option pays a slightly smaller monthly benefit. If you pass away within the first 10 years of retirement, your beneficiary continues receiving the same monthly payment for the remainder of that 10-year period. After the 10 years have passed, the payments end and there is no remaining value to leave behind.
Option 3 – Full Survivor Benefit
With this option, your monthly payment is reduced so that your spouse or other joint annuitant can continue receiving the same amount after your death. The survivor benefit lasts for their lifetime. Once both of you have passed away, the pension ends and no remaining funds are paid to your beneficiaries.
Option 4 – Two-Thirds Survivor Benefit
This option also provides a reduced monthly payment. After either you or your joint annuitant dies, the surviving person continues receiving two-thirds of the original monthly amount for life. After both individuals have passed away, the payments stop and there is no remaining balance to pass on.
What Your Pension May Not Cover
While the Florida Retirement System offers four official pension options, many retirees discover that none of them fully address everything they want.
They may want more monthly income, greater flexibility, protection against long-term care expenses, or the ability to leave something behind for their family.
Introducing “Option 5”
At Nicholson Wealth Partners, we help clients explore what we call “Option 5” — a private wealth strategy designed to complement, and in some cases improve upon, the traditional pension choices.
Depending on your age, goals, and financial situation, Option 5 may help provide:
Potentially higher monthly income
Added protection for a spouse or family
Access to funds if long-term care is needed
Flexibility to use additional money for emergencies or major purchases
The ability to leave any remaining balance to your beneficiaries
Unlike the pension options above, Option 5 can provide both income and continued access to your money. And if funds remain after you and your spouse are gone, those assets can still go to the people you care about.
For many retirees, Option 5 offers a combination of income, protection, flexibility, and legacy planning that the standard pension options cannot.
Which option is right for you depends on what matters most: maximizing income, protecting your spouse, maintaining access to your money, or leaving something behind for your family.
See whether Option 5 could make sense for your retirement.
How FRS Teachers Can Protect Their Retirement
Your Florida Retirement System pension may provide lifetime income for you and your spouse, but it may not address long-term care costs or leave remaining assets to your family. We help Florida teachers explore strategies to protect their spouse, prepare for long-term care, and preserve a legacy.
Your Free FRS Retirement Review
In one simple conversation, we will review your FRS pension choices, discuss what happens after you and your spouse pass, explore options for long-term care, and identify ways to leave money to your beneficiaries.
- Request Your Free Review Schedule a quick call or meeting.
- Review Your FRS Options. We walk through your pension, any other assets, spouse benefits, and long-term care concerns.
- Receive Your Personalized Strategy. Leave with clear next steps tailored to your retirement goals.
- Education that helps you understand your plan—not just follow it
Helping Florida teachers make clearer retirement decisions
We help Florida Retirement System members understand their options for spouse protection, long-term care planning, and leaving money to their beneficiaries.
How It Works
Using our proprietary system, we guide you through a clear, step-by-step process.
Request Your Free FRS Review
Choose a convenient time using our online calendar. It's a relaxed, pressure-free session where we learn about your story and concerns.
Create Your Roadmap
We identify income needs, tax considerations, and important decisions—such as pension and Roth strategies—with precision and clarity.
Implement with Confidence
If we're a fit, we help implement a clear strategy designed to support income and peace of mind throughout retirement.
Meet Gwen Nicholson, Founder of Nicholson Wealth Partners
Ready to Make the Most of Your FRS Retirement?
Request your free FRS retirement review and learn how to protect your spouse, prepare for long-term care, and leave money to your family.
Request Your Free FRS Review