Host Bob Leins, CPA® welcomes Tammy Flanagan, Senior Benefits Director at NITP.
July 24, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes Tammy Flanagan, Senior Benefits Director at NITP.
It seems that everyone has an opinion when it comes to retirement decisions. Many of these opinions are stated as though they’re facts. Some of the questions from Federal employees about retirement center around relatively straightforward facts in law or policy. Here are some of the most common:
Other questions, though, require opinions because they lack a definitive right or wrong answer. In the retirement world, these often start with “Should I…” Here are some of the ones frequently asked:
Should I…
The answer to all of these is, well, it depends. When it comes to retirement decisions that may be hard to change later, it is important not to focus on the money you save now, but the cumulative cost your decision can have over the next decade or several decades. After all, for many Federal retirees, life after government may last longer than their working careers.
For questions or comments, email us in advance at ForYourBenefit@nitpinc.com
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