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Confessions of a Federal Retiree

Retirement

Retired
US Postal Service
Mon Aug 11, 2008 1:07 PM

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Having been retired for over 2 years I have a few observations/suggestions from my own experience. The novelty of retirement took about two years to wear off. I did some volunteer work as a paralegal and a tutor - and still enjoy volunteer work. Now I'm ready to get busy again.

Getting paid monthly instead of twice a month required some financial adjustment and while the cut in actual income didn't flatten us, we plan our spending, use a small amount of investment income and I work part-time . We've also cut back on replenishing investments. Long term finances are something we'll always have to watch carefully.

Finally, for me there is the issue of structure. Some retirees are organized by nature and continue to lead structured lives. My career created my structure and I have to work at maintaing structure - or just flop around with the breeze. I need and prefer structure in my life - it's harder to get things accomplished without it.

RE: Confessions of a Federal Retiree

Analyst
DCMA
Mon Aug 11, 2008 3:12 PM

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Well said, and very sage advice. I hope to learn from your optimism. Thanks.

Thank You

Lead HR Specialist
DOI - Bureau of Land Management
Mon Aug 11, 2008 11:11 PM

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Steve: Just a note to thank you for your candid article about your retirement adventures. I enjoyed reading the article and have found that personal stories such as yours are an invaluable learning aid for all of us nearing retirement.

Lay Your Treasure up in Heaven

retired
usfs
Tue Aug 12, 2008 10:17 AM

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Nice article. The ruins of those great cities just futher point out the importance of investing our resources into the lives and welfare of people, eternal souls. All the other stuff ends up un the garbage heap, even our own bodies.

Elder Care

Retired Manager
HHS
Tue Aug 12, 2008 7:25 PM

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I, too, enjoy Steve's article. There is another aspect of retirement that has not yet been addressed in the comments, so here I go. I, along with another sibling, have been extremely busy with elder care since retirement. Before I retired, for many years, 80% of my A/L was used to travel to another State to assist my parents. Now, the need for care is so great that I have no idea how I would handle this if I were still working. Not only could I not devote the time, the stress of balancing elder care and working would have put me over the edge. So, if you are facing or expect to face care issues in the near future, whether it be children, spouse, parents, etc. , retirement is a godsend. Yes, we do have hired care-givers during the intervals when no sibling is available, as well as for respite, but the cost is very high and would not be manageable on a full time basis. Glad I have long-term care insurance.

This article

EEO Specialist
DOL
Wed Aug 13, 2008 7:54 PM

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Dear Steve,

I pray that you remain in good health. Thank you so much for your great articles and also for sharing your personal life.

Your TSP withdrawal

HR Spec
DON
Mon Aug 18, 2008 4:20 PM

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I'd like to see an article regarding your experience/recommendations for withdrawing (or not) TSP accounts vs leaving it in the "G" fund until needed.

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