Are You Ready to Retire? Advice From Those Already There
Here is a quick summary of how to plan for a successful retirement.
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
Here is a quick summary of how to plan for a successful retirement.
Retirees get a COLA increase. Active duty employees do not. That can be good or it can be bad. Here’s why.
CSRS employees get credit for unused sick leave when they retire which can create confusion for employees under FERS.
How are the “high 3” retirement years calculated for an air traffic controller?
No TSP funds were losers in August
Don’t look for a quick fix or fast returns from your TSP investment. Invest for your retirement based on your specific goals and your situation.
The rate of inflation can have a big impact on your standard of living in retirement.
Your expenses may not go down after you retire so plan accordingly.
The I fund leads all TSP funds with a positive return of 2.89%.
Are you ready for retirement? Have you carefully planned for future income and expenses? Here is the first potential shock: Your money may not give you as much income as you think.