There is More to a Happy Retirement Than Money When you discuss preparing for retirement, most of us automatically think about accumulating lots of money so we can financially do whatever we want during retirement. While it is true that having sufficient money during retirement is important, there are other Read more…
What is a Trust? A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. A living trust is a legal arrangement established during an individual’s lifetime that contains assets to be distributed after death and that bypasses probate. A trust can Read more…
Success leaves clues. And the research is in on what makes a successful and happy federal retiree. Here are the 5 secrets that almost all happy retirees have in common. #1 – Core Pursuits There are many things that can give your life meaning. When people Read more…
Criteria for Downsizing House During Retirement Your housing needs will likely be different during your retirement than during your working years. A common question for those who are retired is whether they should relocate or downsize their house. Here are some things to consider when making this decision. Finances Read more…
Benefits of Retiring as a Federal Employee One of the benefits of a career with the federal government is that you are covered under the Federal Employees Retirement System (FERS). FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the Thrift Savings Read more…
Two very common ages to retire as a federal employee are 60 and 62. You might think that the difference between the two ages doesn’t matter as long as you’re eligible to retire, right? But, it could actually have a very big impact on your retirement. Also, the eligibility to Read more…
Many federal employees want to retire as soon as possible. But before you act too soon, it’s good to consider the impact that your retirement date will have on your benefits. Note: Before picking a retirement date, it is important to know that you are eligible to retire first. Read more…
A common question among federal employees is, “when is the earliest I can retire?” It would be great to have a simple answer to that question. Federal employees have the ability to retire at many different ages depending on their years of service and what benefits they prefer to have Read more…
Surprise! You know that lump sum payment you get at retirement for any unused annual leave? The government wants to take back 40%-ish of it. But there are some things you can do to keep a bigger slice. The Problem I recently got this question from Read more…
Have you noticed that so many federal employees retire at 62? Is that just a coincidence or do they know something you don’t? Here are the 4 HUGE reasons why federal employees retire at 62. 5 Year Magic To leave the government and keep some of Read more…
