Tag: CSRS

The 80% Rule: How to Achieve Your Desired Retirement Lifestyle

By on August 7, 2016 in Current Events, Retirement with 72 Comments
The 80% Rule: How to Achieve Your Desired Retirement Lifestyle

How do you determine how much money you will need in retirement? A lot depends on the retirement lifestyle that you desire. The author discusses the “80% rule” and how it applies to giving you the lifestyle you desire to have in retirement.

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10 Critical Coordinates for Navigating FERS Retirement (Part 3)

By on August 3, 2016 in Retirement with 52 Comments
10 Critical Coordinates for Navigating FERS Retirement (Part 3)

Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In his final article in this three part series, the author discusses actions federal employees in the FERS system should take to best utilize the benefits available to them to prepare for a successful retirement.

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Federal Retirees Need To Tighten Belts While Current Employees Expect To See Pay Increases

A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.

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Turning Your TSP Into an Income Stream

By on July 12, 2016 in Retirement with 136 Comments
Turning Your TSP Into an Income Stream

Turning accumulated savings in the Thrift Savings Plan into a stream of income is a goal for federal employees who are hoping to retire at a comfortable level. The author looks at choices federal workers have both inside and outside of the TSP to generate retirement income.

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CSRS Offset and Social Security: How Will Your Annuity Be Calculated?

By on June 26, 2016 in Current Events, Retirement with 48 Comments

Federal employees covered under CSRS Offset have special considerations when it comes to collecting Social Security in retirement. The author describes how this works and provides some real life examples based on a hypothetical scenario.

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Phased Retirement Coming to DoD

By on June 22, 2016 in Current Events, Retirement with 32 Comments

Phased retirement may be a solution in search of a problem. Agencies have been slow to implement it and reception by federal employees has been languid. DoD is now moving out to implement the program.

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The Old D.I.Y. Approach to Federal Retirement: Will it Work for FERS Employees?

By on June 13, 2016 in Retirement with 114 Comments
The Old D.I.Y. Approach to Federal Retirement: Will it Work for FERS Employees?

The author says that under CSRS, a do-it-yourself approach to retirement was more practical for federal employees, but those under FERS may face bigger obstacles trying to go it alone.

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Buying Federal Civil Service Retirement Years for Academy Time Even If You Are Drawing an Active Duty Military Retirement

By on May 12, 2016 in Retirement with 3 Comments

There are circumstances under which former military members who subsequently work for the federal civil service short of a 20 years active duty military retirement can buy time for civil service pension accrual purposes.

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Ensuring Your Spouse Remains Covered Under FEHB After Your Death

By on May 12, 2016 in Current Events with 42 Comments

Do you want to ensure that you spouse remains covered by FEHB after your death? Then you want to elect some level of survivor benefit for your spouse at the time you retire. The author describes some considerations for choosing a survivor benefit.

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What Are Your Retirement Dreams?

By on March 31, 2016 in Retirement with 20 Comments
What Are Your Retirement Dreams?

Actuaries tell us that a 55 year old can expect to live another 30 years. How will you spend those days after you leave the workforce? The author provides some suggestions on how to find your retirement dreams and make them a reality.

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