The author says there are a lot of myths and misconceptions regarding the federal retirement system and benefits for federal workers. He provides an example he recently saw firsthand when providing financial advice to a couple of long time federal employees.
I recall reading that federal employees would be notified by June 30 whether or not their personal data had been compromised in the OPM data breaches, and if they received no notice, they could assume they were not compromised. Can you help me locate where I read this and how to determine the status of my personal information?
I’m a retired fed that’s scared of losing my retirement money. How do I know if I am invested correctly?
The author says that you do not want to retire too soon and risk financial ruin in your Golden Years, but you also do not want to wait until too late to retire.
The author says politicians in Washington are using federal employees as political pawns which is likely to push talented people out of the federal workforce. He outlines some of the arguments coming from Washington against the federal workforce and dispels them with evidence of his own.
The author, who is a financial advisor who works with federal employees, discusses the data breaches at OPM and offers some steps federal workers can take to protect themselves from potential identity theft problems that could arise.
According to recent statistics, many federal employees that can retire are not doing so. The author asks why this is the case and provides some reasons why he thinks this is happening.
Many government officials and media types were predicting a virtual avalanche of federal retirement submissions that will lead a massive void that cannot be filled by younger workers. The author says that while he does predict a rise in the rate of federal employee retirements, he does not see the doomsday scenario others are predicting and explains the logic behind his reasoning.